Currently GreenStream has total assets under management of approximately 140 million EUR, comprised of its four proprietary investment vehicles and the Multilateral Carbon Credit Fund (established by the European Bank of Reconstruction and Development’s and the European Investment Bank), each of which are carbon funds investing in the international primary carbon offset market.
GreenStream is a founding member of the Finnish Sustainable Investment Forum (FINSIF).
Carbon Funds Management
The Multilateral Carbon Credit Fund, assignment as Carbon Manager: In December 2006, GreenStream was awarded a Carbon Manager assignment for the Multilateral Carbon Credit Fund, MCCF, of the European Bank of Reconstruction and Development, EBRD, and the European Investment Bank, EIB, in respect of the management of emission reduction projects located in the fund’s North-East zone (Russia, Ukraine, Belarus and Kazakhstan), where GreenStream intends to arrange purchase agreements for a substantial amount of carbon credits generated by the end of 2012. The fund was closed in 2013.
The Climate Opportunity Fund: In May 2009 GreenStream announced the “Climate Opportunity Fund” (COF), which focuses on the acquisition of post-2012 carbon credits for compliance and financial gain for its investors.
The Fine Post-2012 Carbon Fund: In September 2009, GreenStream launched the “Fine Post-2012 Carbon Fund” (FPCF), its second investment vehicle acquiring carbon emission reductions generated in 2013-2020 for its investors.
The Nordic Carbon Fund: In March 2008 GreenStream launched the “Nordic Carbon Fund” (NCF). NCF is an investment vehicle purchasing carbon emissions reductions generated in 2008-2012 primarily from projects under the Clean Development Mechanism (CDM) for compliance and financial investors. The fund was closed in 2013.
The Fine Carbon Fund: In May 2007 GreenStream launched the “Fine Carbon Fund” (FCF), which purchases carbon credits generated in 2008-2012 primarily from projects under the Clean Development Mechanism for its investors. The fund was closed in 2013.
Carbon Project and Portfolio Analysis
In addition, to establishing its proprietary carbon funds GreenStream has extensive experience in assisting States and International Organisations. In September 2009, GreenStream was appointed to manage the Kyoto mechanism purchase programme of the State of Finland 2010 and 2011. In December 2011, GreenStream signed a new agreement with the Ministry of Employment and Economy for continuing the work in 2012-2013. GreenStream’s primary task under the agreement is to support responsible ministries in obtaining carbon credits from bilateral purchase agreements under the Kyoto project mechanisms JI and CDM. The State of Finland has emission reductions purchase agreements with 10 bilateral JI or CDM projects and a bundle of four separate CDM projects.
Whether you are already managing a portfolio of GHG emission reduction projects or planning the first one, GreenStream is a right partner in assessing the carbon value of your investment. In offering Carbon Project and Portfolio Analysis Services we combine our highly developed statistical analysis of various project types’ historical performance to our market knowledge and deep technical expertise from developing and managing single carbon projects and portfolios. Through GreenStream’s Asset Management experience we analyse continuously performance of carbon project portfolios and have assessed carbon value potential of several hundreds of projects.