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  • 2006/11/28
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At 10.30 on 29 November at the Pollutec exhibition in Lyons, EDF and Crédit Agricole will sign a partnership agreement to facilitate management and valuations of CO2 quotas for Crédit Agricole Regional Banks' corporate clients.

By signing this partnership agreement, EDF and Crédit Agricole will enter into an unprecedented agreement to facilitate the management and valuation of companies' CO2 quotas. This will offer Crédit Agricole's clients privileged access to EDF's Carbone Optimia programme to buy or sell their carbon dioxide quotas. This offering is intended to help businesses trade CO2 quotas and reduce carbon dioxide emissions.

Crédit Agricole S.A.'s corporate clients can now speak to their usual contact at their Regional Bank to be put in touch with a contact at EDF and access Carbone Optimia solutions without having to pay annual charges and membership fees.

"EDF's Carbone Optimia programme is well suited to Regional Bank customers concerned by France's national carbon allocation plan. This partnership with EDF allows us to offer a turnkey service to these SMEs by facilitating access to the carbon trading market and ensuring fully secure transactions. This agreement reflects our commitment to sustainable development, allowing us to help our clients to make a greater contribution to collective efforts to reduce CO2 emissions," comments Michel Clavé, head of sustainable development at Crédit Agricole.

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