Company history
Wuli, hydroelectric project, China
Wuli, hydroelectric project, China
  GCM Perot, anaerobic digestion project, Mexico
GCM Perot, AD project, Mexico
  Cuchildeo, hydroelectric project, Chile
Cuchildeo, hydro project, Chile
  Tianji N2O abatement project, China
Tianji, N2O abatement project, China
 
Market pioneers
EcoSecurities was created in early 1997 to provide carbon finance expertise to projects reducing greenhouse gas emissions. The founders’ involvement in the greenhouse gas (GHG) mitigation and carbon trading sector goes back to the early 1990s when they were involved in the development and implementation of the first carbon-funded projects in the world.

10 years of experience

Throughout the late 1990s and early 2000s, even prior to the existence of any real GHG market, the Group built up its knowledge base, network and reputation by assisting in the development of various components of the emerging carbon market. This included ongoing work on certification systems, advising the governments of numerous countries and multilateral agencies on the establishment of regulatory frameworks, developing methodologies for CDM projects and, most importantly, engaging in project identification and CDM development for a range of governmental, financial, multinational and private sector stakeholders. Today, this accumulated experience gives EcoSecurities a significant insight into the growing international carbon market.

Groundbreaking achievements

EcoSecurities has played a groundbreaking role in the development of the market infrastructure, assisting governments and international agencies in market design and helping global corporations prepare for a carbon constrained world. Along the way, EcoSecurities or its founders have been involved in the development of many of the global carbon market's most important milestones such as:
  • Development of the first carbon offset certification system in the world in January 1997, licensed by EcoSecurities to
  • Societe Generale de Surveillance (“SGS”), the largest commodity certification company worldwide;
  • Participation in the development of the Costa-Rican national GHG mitigation program in 1997, the first government programme in the world;
  • Development of some of the first approved CDM project methodologies since 2001;
  • Development of the first CDM project registered under the Kyoto protocol, NovaGerar Landfill Project in Brazil in 2004;
  • Structuring of the CDM component of the first project to receive CERs in the world, La Esperanza hydro project in Honduras in 2005.
  • In recognition of EcoSecurities' groundbreaking contribution to greenhouse gas mitigation and carbon trading sector, the group won Poin Carbon's award for 'Best CDM/JI Project Developer 2006'  and in 2007 was voted 'Best Project Developer - Kyoto Project Credits', and 'Best Advisory Firm - Kyoto Project Credits' for the seventh year in a row in readers surveys conducted by Environmental Financial magazine.
  • In 2007 the group was ranked number 22 in the CNBC European Business Magazine's 'Top 100 Low Carbon Pioneers'.
  • Early 2008 saw EcoSecurities successfully register its 100th Clean Development Mechanism (CDM) project.
Ini
tial Public Offering (IPO) and subsequent financing
EcoSecurities floated on the Alternative Investment Market of the London Stock Exchange (ticker Eco.L) on the 13th December 2005, raising 80 million Euros. This has allowed EcoSecurities not only to expand its project pipeline and carbon credit portfolio but to increase its presence to more than 20 countries, creating a network of offices and representatives with local knowledge and specific sector expertise. In June 2007, the company conducted a second round of financing, raising an additional €100 million to drive an expansion into new market segments. As part of this capital raising. Credit Suisse made a strategic investment of approximately €44 million in EcoSecurities, equalling 9% of issued share capital. This strategic investment will provide opportunities for EcoSecurities and Credit Suisse’s energy franchise to develop a long-term relationship. This relationship will involve co-operation on a broad range of projects around the world, focusing on, but not limited to, carbon credit and emission reduction origination and trading.