Danish Carbon Fund

NEAS participates in the Danish Carbon Fund (DCF) together with the Ministry of Foreign Affairs of Denmark, the Danish Environmental Protection Agency (Miljøstyrelsen), DONG Energy, Mærsk and Aalborg Portland. NEAS is the only trading company engaged in DCF.

DCF funds are administered by the World Bank and all funds are invested in climate projects abroad. In return for these investments, the DCF receives climate credits corrresponding to the reduction achieved in CO2 emissions. In the EU Emissions Trading Scheme, carbon credits are eqivalent to emission allowances (EUAs) and can be used by local generators, CHPs and other compliance companies subject to the CO2 emission allowance system.