• EN
  • DE
  • ES
  • 中文
  • PL
You are here:  http://www.firstclimate.com » Company

About First Climate

First Climate is an integrated carbon asset management company offering products and services related to the trading of emission reduction credits and investing in greenhouse gas abatement projects.


Integrated Carbon Asset Management

With more than ten years’ experience, First Climate is one of the leading and most accomplished carbon asset management companies in the market. It is unique in covering the entire carbon credit value chain, providing integrated solutions to project owners and developers, fund managers, investors, industrials in the compliance sector, and companies seeking to offset their emissions as part of their Corporate Social Responsibility strategy.


Through a global network of offices, subsidiaries and partners, the Carbon Asset Development department procures high-quality carbon credits from CDM and JI projects as well as from projects geared to the voluntary market. We have a particularly strong presence in India, Pakistan, China and Latin America. First Climate is active both in project development and as a buyer or broker of emission reduction credits (CERs, ERUs and VERs) on behalf of investors, corporate clients and for our own portfolio. We have also developed several pioneering methodologies to allow new project types to qualify for the carbon market.

First Climate’s Sales & Trading department executes our trades and offers customized trading products to companies subject to the EU ETS and other mandatory emission trading schemes. It also provides advisory services on carbon trading strategies, taking into account upcoming policy and legislative changes.

In the voluntary market, First Climate supports companies in developing a carbon management strategy. The Climate Neutral department calculates carbon footprints and helps to reduce avoidable emissions. To offset unavoidable emissions, we provide VERs verified according to the highest internationally recognized standards such as Gold Standard or VCS, and retire them irrevocably on behalf of our clients.

As investment advisor to several institutional investors, First Climate’s Carbon Investment Management department structures and develops carbon funds and related products. First Climate is investment advisor to the Post 2012 Carbon Credit Fund established by the European Investment Bank and four other leading European public financing institutions with Aaa credit ratings. We also advise and administer a number of other carbon investment funds.

The Project Finance department provides cost-effective solutions for project developers to meet their financing requirements. First Climate matches financing needs with financiers' risk/reward profiles and seeks to unlock additional capital through the monetization of carbon assets. The Project Finance department designs innovative financial vehicles to scale up investment in renewable energy and energy efficiency projects on a global scale.


Company History


Date

History

12/2008

First Climate opens its second US office in San Francisco

11/2008

First Climate forms strategic alliance with Macquarie Group to further develop CDM opportunities in China

10/2008

First Climate establishes a joint venture with Verde Consulting Pvt. Ltd. First Climate (India) Pvt. Ltd. is headquartered in Kolkata

09/2008

First Climate Asset Management S.A. is set up in Luxembourg and obtains a comprehensive asset management license

04/2008

First Climate Latin America Asesorías Limitada is established in Santiago de Chile

04/2008

3C and Factor join forces under the name First Climate

03/2008

Factor is selected as fund advisor to the Post 2012 Carbon Credit Fund established by five leading European public financing institutions

12/2007

Factor sets up a subsidiary in Beijing

05/2007

3C is selected as fund advisor to Climate Change Investment I

03/2007

3C establishes a US subsidiary in Washington, D.C.

01/2005

Dr. Sascha Lafeld, one of the founders of 3C, is appointed official advisor to UNEP Finance Initiative’s Climate Change Working Group (CCWG)

2005

A project developed by Factor is registered as one of the first CDM projects

2004

3C becomes consultant to the first European carbon procurement fund “KfW-Klimaschutzfonds”

2004

3C structures the first CO2 certificate with effective delivery in cooperation with Dresdner Kleinwort

2003

3C is founded in Frankfurt, Germany, as an independent spin-off of the Dresdner Bank / Allianz Group

1999-2004

On behalf of the World Bank Factor collaborates with carbon experts on National Strategy Studies for Greenhouse Gas Emission Reductions in 10 developing countries

1999

Factor develops the first carbon abatement project validated under the UN Climate Change Convention

1999

As one of the early movers in the carbon market, Factor Consulting and Management AG is founded in Zurich, Switzerland


News
Press Clipping: First Climate in Wall Street Journal: Will Cleantech Get a Larger Share of the VC Pie?
March 06, 2010
In a recent article, Andrew Thomson of the Cleantech Group, compared the share of cleantech in VC...
Press Clipping: First Climate in Carbon Finance: Strong interest seen in post-2012 buyers’ pool
March 03, 2010
A leading carbon asset manager has begun marketing a potentially €100 million ($137 million)...
Press Clipping: First Climate in Trading Carbon: Under the microscope
March 01, 2010
China-based renewables projects again came under scrutiny at the latest clean development mechanism...
Events
March 10, 2010 14:00 to 17:00 :
First Climate at Agrion CO2-Emissionshandels nach 2012
March 15, 2010 14:00 to 20:00 :
First Climate co-hosting "Carbon markets on the road from Copenhagen to Cancun"
 Home Print Recommend Page RSS Feed Imprint