Global demand for carbon credits, especially in Europe for economic reasons, has been declining since 2010
With the prices sliding of Certified Emission Reduction (CER) certificates traded on the international exchange, Indian companies holding the credits are bracing for tough times. Brokers trading in CERs have started to downsize their carbon desk and the ones holding these are looking for buyers. “The demand for CERs is low, which saw the prices slide. Aggregators of credits and the intermediaries, have started feeling the heat.