How are additional tax liabilities and levies factored for in the purchase price?
The bid and purchase price does not include any tax liabilities or levies.
Who has ownership of the credits upon first issuance?
The project developer has ownership of the credits upon issuance. Credits will be transferred directly to the buyers account within 10 business days.
What rule of law is used for the purchase agreement contract, relative to the project location?
The purchase agreement is governed by the laws of United Kingdom, or wherever the buyer deems appropriate
Is there insurance available for non delivery of credits?
Yes, for certain projects, an insurance option will be provided after the auction.
What happens if the project isn’t able to generate the estimated credits for any given year?
By design, the credits will expire (and not roll over to the next year). All relevant documentation will be provided to the buyer before auction starts such that buyers can conduct their own risk assessment on each individual project before participating in an auction. For any given year of issuance (vintage year), credits will be distributed on a first come, first serve basis.
For example, if both Buyer A and Buyer B have purchased credits for the vintage year of 2030, but Buyer A has purchased before Buyer B; Buyer A will have priority over Buyer B in receiving the credits that are issued and verified. This is aligned with industry standards
When do I receive the carbon credits that I have purchased?
The credits for any particular year (vintage) that you have purchased will be directly deposited into your carbon registry account (eg. Verra account) within 10 business days of credit issuance on the registry.
How does the auction work?
Once the auction starts, you will have a specific amount of time to purchase any number of units of available credits until the inventory is gone, or until the next batch is available for purchase - whichever comes first.
How do I participate in an upcoming auction?
You must log into your account register your interest for any particular project. Auction participation must be approved by Sequestr and is given on a first come first serve basis (there are limited slots per auction). You will be notified if approved to sign an NDA on the project to receive more documents and the invitation to bid.
How do I see what projects are available for auctioning on Sequestr?
You must first create an account and create a company profile which will be reviewed and approved by Sequestr. It is optional to fill out a company profile, however, we strongly suggest you to fill out the company profile as the more details you fill out in the company profile, the tailored project recommendations you will receive.