For project issuance fees, what is the difference between a cash fee and Share of Proceeds (SOP) structure ?

Modified on Thu, 8 Aug at 10:45 AM

In its second year, a carbon project can choose the Cash-Per-Credit fee structure or the Share of Proceeds fee structure.

Cash-Per-Credit - the project pays all of its fees in cash.

Share of Proceeds - the project pays a portion of its fees in carbon credits (VERs or CERs): 2% of the total issuance for VER projects and 1.5% of the total issuance for CER projects. This option is only available for carbon projects in the Energy & Waste sectors.