Eneco Energy Trade
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Cumulative
- Contributions Committed to Trust Funds $15 million
Eneco is a group of companies operating in the field of sustainable energy and innovation that strives to achieve its mission: “Everyone’s sustainable energy.” Headquartered in the Netherlands, the Eneco Group operates in Belgium, France, Germany, the Netherlands, and the United Kingdom. The Eneco Carbon Desk supports various emission reduction projects worldwide, including several projects in Southeast Asia, through its investment in the Future Carbon Fund (FCF). The Carbon Desk invests in projects based on a thorough review and due diligence to ensure that only projects that genuinely contribute to greenhouse gas abatement and visibly improve the livelihoods of surrounding communities are accepted into its portfolio. The Eneco Group contributes to the FCF with a commitment of $15 million for purchasing certified emission reductions generated in ADB’s developing member countries.
Active Trust Funds
Active trust funds are those a) with ongoing projects; or b) with no active projects but have remaining funds.
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Fostering Sustainable Development through Carbon Markets
There are strong linkages between investments in climate change mitigation projects and the delivery of co-benefits of projects supported by the Future Carbon Fund. These co-benefits include improved energy access and energy security, job creation, diffusion of low-carbon technologies, technological innovation, better health from reduced air pollution, reduced use of imported fuels, lower traffic congestion, and growing net trade of technologies and services.