Assignments
GreenStream also manages funds, assets or agreements for other organisations. GreenStream´s competence level extends from project to fund activities and from concept design to fund management:
- commercialization of carbon component of emission reduction projects / design of carbon financing
- PDD preparation
- development of new methodologies
- calculation of national grid emission factors
- monitoring manuals and training
- project cycle management
- development and management of CDM Programmes of Activities (PoAs)
- portfolio management
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carbon fund 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.
- Investment focus: Primary carbon credits; carbon credits generated in 2008-2012 from selected projects in Russia, Ukraine, Belarus and Kazakhstan and, in accordance with the clients’ needs, individual projects elsewhere
- Investors: Investors in the MCCF’s North-East zone are six European sovereigns and five European utilities
- Status: The EBRD has announced several of the Emission Reductions Purchase Agreements concluded in its press releases.
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Further Information: The European Bank of Reconstruction and Development web site on MCCF,
brochure in English, brochure in Russian
The State of Finland’s Kyoto mechanism purchase program Finnder,
assignment on managing the program in 2010-2013
In September 2009, GreenStream won a tender for managing 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 bundle of four separate CDM projects.
Investment focus: Obtaining carbon credits under emission reductions purchase agreements with ten individual projects and one bundle of projects
Project types:
- renewable energy – wind (Estonia, South Africa)
- renewable energy – biomass (Estonia)
- renewable energy – landfill gas (Jordan)
- renewable energy – hydro (Honduras)
- energy efficiency – demand side (South Africa)
- renewable energy – solar (China, South Africa)
- renewable energy – biogas (China)
- Investors: The State of Finland’s own Emission Reductions Purchase Agreements
- Status: Projects are in various stages of the carbon cycle
- Further Information: The Finnish Ministry of Employment and the Economy site on Finnder, press release published by GreenStream in English, Finnish and Swedish



