VER activity is picking up with market participants returning from the summer slowdown and the improved economic outlook in Europe driving end user demand for exotic VCUs. Interest continues to centre on non-typical project locations and methodologies with African credits and close to issuance Forestry offsets top of buyer wish lists. Recent vintage RE projects remain at $4 levels with non-RE VCUs valued at around $2.25. Exotics are commanding a $0.50/$1 premiums.
Gold Standard VERs are trading at between