This Terms of Service ("Agreement") governs the relationship between Enerlink ("we," "our," or "us") and you ("Client" or "you") regarding the use of our platform and services to generate and manage emission reductions from renewable energy systems. By using our services, you agree to these terms. Please read them carefully.
We provide a platform where:
- the Website and Content may only be used by you for lawful purposes and shall not extend to the use of the source code of the Website and Content;
- you may not frame, modify, copy, distribute, commercialise, sell exploit and/or alter the Website or Content or any part thereof or incorporate any part of the Website or Content in any other work, content or publication (including on other websites) or use the Website other than in accordance with these Terms
You may upload renewable energy projects at any time. Once uploaded, the following conditions apply:
- Minimum Commitment: Projects must remain active for at least one quarter (3 months) before they can be removed.
- Project Removal: You may remove projects after one quarter, but we require a 30-day notice prior to removal. Additional fees apply for removing projects early (see Section 6 for details).
- Additional Projects: You are free to add new projects at any time, and they will automatically be included in the next quarterly emission reduction calculation.
Project Owners will keep 70% of the emission reduction sales revenue. The remaining 30% will go towards 3rd party exchange listings and sales fees, 3rd party emission reduction registration and validation fees, 3rd party platform distribution fees, Decarb AG's own platform running costs and margins, and a +-3% contribution to socio-economic and/or environmental projects in your name, in line with U.N. Sustainable Development Goals.
You can choose to monetize your Emission Reductions through our platform:
- Selling: We facilitate sales on carbon market places.
- Holding: You may choose to hold your emission reductions in our system.
- Retiring: You may retire your emission reduction for your own carbon accounting.
While clients may remove projects at any time after the first quarter, the following removal fees apply to ensure the stability of the platform:
- Project Removal Within 1 Year: If a project is removed within one year of registration, an additional 1% of the total emission reductions generated by the project will be charged.
- Project Removal Within 6 Months: If a project is removed within six months of registration, an additional 2% fee based on the total emission reductions generated will be charged.
These removal fees are intended to discourage premature project termination and ensure our platform's long-term sustainability.
If you are managing a project on behalf of the legal owner (the "Project Owner"), you are required to submit proof of permission (mandate) from the Project Owner. This document must clearly state the rights you hold over the emission reductions generated by the project.
- Mandate Requirement: Failure to provide this mandate will result in the removal of the project from our platform, and you will relinquish all rights to any reductions generated.
- Owner's Rights: We will not distribute any emission reductions to agents without a valid mandate from the Project Owner.
Payments for monetised emission reductions will be made within 30 days of receiving funds from reductions buyers. You are responsible for providing accurate payment information. We are not liable for delays caused by incorrect details.
Term: This Agreement is effective from the date you register on our platform and remains in force until terminated.
Termination: Either party may terminate the Agreement with 30 days' written notice. You may continue to manage existing projects until the next quarter's emission reduction generation is complete.
We do not guarantee the number of emission reductions generated, their market value, or the timing of sales. We are not liable for losses incurred due to market fluctuations, verification delays, or data inaccuracies.
All information exchanged between you and us is confidential. We adhere to data protection laws and will not share your data with third parties without consent, except as required by law.
We may amend these terms from time to time. Major changes will be communicated in advance, and continued use of the platform will constitute acceptance of any revised terms.
Receive smart updates on how energy data becomes bankable impact.