An ERPA (Emissions Reduction Purchase Agreement) is a contract between a party committing to implement emission reduction measures (e.g., a sustainable development project, a company, or a government) and a party agreeing to provide payments in exchange for these emission reductions. They involve payment mechanisms based on the actual achievement of emission reductions, and payments can be made based on the quantity of emissions reduced, measured, and verified.
ERPAs require precise measurement of emission reductions to ensure that the reductions are real and verifiable. Independent third parties may be involved in the verification process to ensure its integrity. They have a specified duration during which emission reductions must be achieved and verified, which can vary depending on the nature of the project or initiative.
EDENGY is interested in exploring a partnership structured around mutual benefits governed by an ERPA.
Emissions Reduction Purchase Agreements are contractual instruments that link tangible emission reductions to project financing related to the fight against climate change, thereby contributing to achieving Net Zero Emissions by 2050 while promoting sustainable development.
We can assist you in achieving your environmental goals and collaboratively determine the most suitable financial instruments for your situation.