Expertise

for project developers​

If you are looking to create an offsetting project, EcoAct can support you at each step: development, certification, monitoring and financing.

Project development is complex and can be daunting at first, but EcoAct can support you in every critical step. Whether you need help in the development and certification of the project, or in raising the required funds, EcoAct offers a wide range of services, and we can help you find the most suitable solution. With more than 15 years of working in project development, EcoAct has vast experience in the carbon market and has helped over hundreds of clients support high-quality offsetting projects. Over the years, EcoAct has developed projects that range from restoring ecosystems to providing new sources of fuel and household energy technologies all over the world. Recently, EcoAct recognises the importance of scaling up the supply of offset projects through project development and is currently working with partners to develop ground-breaking projects that aim to protect the strongest carbon sinks in the world as well as tackle the most pressing climate challenges.​

Project development​

process

Our carbon offset projects follow a rigorous development and assessment process in accordance with the highest standard bodies. EcoAct supports local partners in all stages of project certification, from feasibility studies to project lifetime operation, as well as the marketing and sale of the project to clients The process of developing a carbon offset project usually takes between 12 and 24 months, depending on the project’s typology and complexity, as well as how advanced the project is on the ground. It usually takes 18 to 24 months to issue the first credits for renewable energy, energy efficiency or community-based projects, and around 24-36 months for forestry projects. The process will often be defined on a case-by-case basis as each project has its own intricacies, especially as we work in diverse territories, legal frameworks and ecosystems.

    expertise for project developersProject sourcing and evaluation

    Projects and partners are identified, and proposed projects are assessed against a set of strict criteria.

    The first approach taken by our Nature-based Solutions team is to seek and/or respond to potential partners willing to develop a project from scratch or who are in search of technical support to certify projects in advanced stages of development.

    The proposed projects are analysed against a set of strict criteria which align to those promoted by ICROA-accredited standards and best practices identified by EcoAct and Atos through their long experience. The criteria consider factors such as the project size, technology, legal framework, financial viability, and local context.

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    expertise for project developersFeasibility

    On-desk and on-site due diligence is carried out to assess feasibility

    If our minimum conditions are met, the team engages in a feasibility study phase, which grows in complexity over a period of 3 months to 6 months. During this time, our team will use our ©EcoScore tool for project development to assess more than 30 criteria around 7 main risks categories: financial and political, legal, owner experience, reputation, social and environmental and certification. On-site audits are a central component of our enhanced due diligence, a fundamental complement to off-site analyses.

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    expertise for project developers

    Contracting

    Contracts are signed with partners and initial documents on the project plan are created. In parallel, EcoAct looks for investors interested in supporting project development.

    Once and if we have decided to move forward with the development of this project, we start co-developing, together with our local partners, the project design and implementation plan, from the action plan to the financial model. Local beneficiaries are at the heart of this process, and EcoAct supports all stakeholders in their local challenges.

    Budgets are designed individually through a bottom-up approach, to identify and deliver on specific needs to fulfil the main project activities, but to deliver co-benefits on improved education, health and water and energy access, amongst others. All of these elements are reported internally in our Project Identification Note and formalised after the closure of contracts between the parties involved.

    As most projects require additional, external funding, our team will, once the due diligence has been completed, start to present it to potential investors and develop a communication strategy to promote it externally.

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    expertise for project developers

    Implementation

    Advanced documents required for the certification of the project, including the Project Design Document, are developed. The proposed project is validated by an external party and registered once completed.

    At this stage, the team proceeds to support our partners in the certification process. The initial phase includes the development of the Project Design Document, which describes all the project activities, including details related to the emissions reductions or removals, and the parameters to measure the co-benefits, which will be monitored throughout the project lifetime.

    Upon completion, and once project activities have started on the ground, the project is registered and validated externally by a verification body, approved by the chosen voluntary standard. Once approved, a validation report is issued, certifying it as a carbon offsetting project.

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    expertise for project developersOperation

    EcoAct supports the monitoring and verification of the certified project, together with the issuance and sale of the carbon credits generated.

    Over the course of the project lifetime, which lasts around 15-30 years depending on the methodology applied, EcoAct will continuosly pilot the implementation of project activities and ensure the periodical monitoring and verification process to issue carbon credits.

    EcoAct will present the project to potential clients throughout its lifetime, including at feasibility stages for investment opportunities, and boost its marketing and communication to ensure maximum reach.

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    Ways in which we can support

    the development of projects​

      Consultancy approach

      Through this approach, EcoAct offers high-level consultancy services to assist project developers and clients in the early feasibility studies of project certification, until the first and continued generation of carbon credits.

      Partnership approach

      In some cases, EcoAct can invest in the development and certification of a proposed project. In this context, we will be covering the carbon advisory cost (the coverage will depend on the project’s specificities) of every step of the development process. In other cases, we might be supporting the certification process but seeking for external investors to cover the costs of development.

      &nbsp In both cases, EcoAct will be marketing the project by creating content to present to clients and promote the project externally through different channels.

      Commercially-only partnership approach

      In the case where you already have the technical carbon expertise and only need investment to develop your offsetting project, EcoAct can raise the necessary funds by seeking potential investors once our in-house due diligence is completed and satisfactory.

      Are you interested in partnering with EcoAct to develop your offsetting project?

      If your project meets our basic criteria, fill in the template below and submit your proposal.

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          Download our Project Proposal template
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          Fill in as much as you can and submit the completed proposal along with any other additional documents in the form provided
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          Our team of experts will evaluate your proposal and contact you as soon as we can.