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Sample Emission Reduction Purchase Agreements (ERPAs)

Last updated April 26, 2011

List of Sample ERPAs:



NameDeveloped byYear & Version
Certified Emission Reducion Purchase Agreement - Single Spot TradeThe Norwegian Ministry of FinanceFeb, 2010
Secondary Certified Emission Reduction Purchase AgreementThe Norwegian Ministry of FinanceFeb, 2010
Primary Certified Emission Reduction Purchase AgreementThe Norwegian Ministry of FinanceFeb, 2010
Certified Emission Reductions Sale and Purchase Agreement (CERSPA template)Inter-American Investment Corporation (IIC), the Government of the Republic of Korea, the Swiss State Secretariat for Economic Affairs (SECO) and othersSep, 2009
(Ver. 2)
Verified Emissions Reduction Purchase and Sale AgreementAd hoc working group comprised of members of the Renewable Energy Resources Committee and the Special Committee on Energy and Environmental Finance of the American Bar Association’s Section of Environment, Energy and Resources (“SEER Committees”), the Environmental Markets Association (“EMA”), and the American Council on Renewable Energy (“ACORE”)Feb, 2008
CERSPA Certified Emission Reductions Sale and Purchase AgreementInter-American Investment Corporation (IIC), the Government of the Republic of Korea, the Swiss State Secretariat for Economic Affairs (SECO) and othersApril, 2007
(Ver. 1)
Emission Reduction Purchase Agreements: A seller’s perspectiveMitsubishi UFJ Securities Clean Energy Finance Committee In association with: Department of Environment and Natural Resources, Republic of the Philippines and Japan International Cooperation Agency (JICA)Jan, 2007
Emissions Reduction Purchase Agreement International Emissions Trading Association (IETA) Sep, 2006
(Ver. 3)
Draft Contract for Projects where Buyer has an Underlying Interest in the Project - Appendix D (177-198 pp) in Legal Issues Guidebook to the Clean Development MechanismBaker & McKenzie, UNEPJune, 2004
Draft Contract for Direct Sale of CERs - Appendix C (160-176 pp) in Legal Issues Guidebook to the Clean Development MechanismBaker & McKenzie, UNEPJune, 2004


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