Project financing and participation
India has very good opportunity to develop projects in CDM sectors, but due to lack proper information and financial constraints it is still in primary phase. Apart from this there are project which have been started but held up in the middle due to lack of finance, Foretell is keen on associating with credible partner to exploit this potential area. We can help the prospect buyer/investor to start operation in India. 

Carbon trading for both buyer and sellers 
Sourcing CERs from developing countries is cheap option for the developed countries of fulfill their carbon-offset requirement. India is one of the potential market which generates CERs/VERs in large quantity but due to market constraints and huge involvement of middlemen project owners are not yet able to get proper deal. On the other way round due to limited accessibility with seller the real buyer incur higher cost to get reliable project. Foretell would like to tie-up with prospect carbon buyer to give direct access with potential seller, and to arrange trade in transparent manner so that both the parties would get their best deal.

Kyoto Protocol 
The Kyoto Protocol is a legally binding agreement that arose out of the UNFCCC to tackle climate change through a reduction of green house gas emissions. Under this listed/member developed countries are legally bound to reduce man-made green house gases emissions by approximately 5.2%. The text of the protocol was adopted at the third conference of the parties to the UNFCCC in Kyoto, Japan, on 11 December 1997. However the protocol was delay for years and finally the protocol entered into force on February 15 2005. 

The Kyoto Protocol broke new ground by defining three innovative “flexibility mechanisms” to lower the overall costs of achieving its emissions targets. These mechanisms enable Parties to access cost-effective opportunities to reduce emissions or to remove carbon from the atmosphere in other countries. The 3 Kyoto protocol mechanism are clean development mechanism (CDM), Joint Implementation (JI) and Emission trading.

The clean development mechanism (CDM) defined in Article 12 provides for Annex I Parties to implement project activities that reduce emissions in non-Annex I Parties, in return for certified emission reductions (CERs). The CERs generated by such project activities can be used by Annex I Parties to help meet their emissions targets under the Kyoto Protocol. Article 12 also stresses that such project activities are to assist the developing country host Parties in achieving sustainable development and in contributing to the ultimate objective of the Convention.

India has emerged as global leader in CDM field. India among the other developing countries has large no of CDM project (321) developed under Kyoto protocol. India stands first in generating CERs, by the end of March 2008 total CERs issued was 39 million. There are many variations in estimation of India’s potential CDM revenue. If we will consider India annual average CER generation would be around 10-12 million than the earning would be $15-18 billion. 

About 60% of the Indian projects are owned by individuals and private. Most of these project owners have poor access to low-cost funds. Individually owned and privately held companies find it difficult to access technology and to run the operations successfully. Individually owned / privately held companies also speculate on CER revenues, leaving them open to spot market fluctuations. The belief that CER price will only go up is one of the popular beliefs among the small project owners. Thus, there is a big need to hand-hold project owners in the areas of technology and execution support, affordable finance and market access to credible buyers. 

To cater to this need of the Indian CDM market, large institutions from Europe have set-up operations in India to aggregate CERs and pass them on to compliant buyers. Foretell Business Solutions Private Limited, with over 10 years experience in agri-business advisory and consulting and recently as an aggregator of CDM projects, proposes to partner with credible buyer in identifying sustainable opportunities from the existing projects as well as new initiatives