Camco is working with Honiton Energy Limited to develop part of the world’s biggest wind power project.Based in the UK, Honiton Energy develops alternative energy projects that are locally managed but 100% foreign owned. China’s national CDM policy/regulations prohibit foreign investor majority ownership of CDM projects, so Camco are working with Honiton Energy to use the voluntary carbon market to access carbon financing.The voluntary emission reduction (VER) market offers an opportunity for project developers to access carbon financing through a framework that has lighter regulation than the CDM and no UNFCCC oversight. VERs can be generated by a wide rage of projects, but in the absence of tight regulation, there is an inevitable variability in the quality of VERs in the market place. To allow developers of high quality projects to differentiate themselves in the voluntary market the Gold Standard for premium quality carbon credits has been established. Gold Standard VERs command a premium in the market place. It is a label of quality that is only applied to renewable energy and energy efficiency projects that achieve the highest level of sustainable development benefits. The Honiton projects are in the process of application to the Gold Standard (GS) owing to the sustainable development benefits that they bring to the local community.Camco authoured a complex retroactive consultation report, and designed a monitoring plan for the sustainable development indicators that are needed to fulfil the requirements of the GS. Honiton highlights Camco’s market leading ability and depth of expertise in developing large scale GS projects and assisting our clients to access carbon financing through the voluntary market.