Sterling Waterford is the international manger of The New Energy Private Equity Fund (NEF). The NEF is a managed investment vehicle established to invest in a selected portfolio of green and socially responsible businesses. All businesses are expected to be unlisted.

Capital is used to finance product, market and internal development of selected businesses in the Clean Energy market internationally.

Key investment selection criteria include a management team with a relevant track record, work ethic and detailed market knowledge; a business proposition that is distinctive, defensible and commercially attractive; fits into the broad definition of New Energy markets; a business that will benefit from experience, network and active management assistance.

While the NEF investment policy is inclusive, focus is on the following areas: New Energy Production.; Alternative energy projects especially waste to energy, water, wind, biofuels, solar etc; New Energy Technology; Proprietary technology in the New Energy market; Carbon Emission project and instrument streams; Reduction, recycling, reuse, natural purification, eco- cleaning etc; Waste management; Water treatment and provision.

The Sterling Waterford Balanced Reserve Carbon Offset fund is a fund that buys Carbon Offsets from a variety of Carbon Emission Reduction projects worldwide and retires them on behalf of individuals and corporate who wish to offset their carbon footprints. The Fund is managed by Sterling Waterford, and audited by Ernst and Young. Sterling Waterford has a rigorous process for evaluation of project offsets and only purchases those offsets that can be shown to be reliable, additional, verifiable and permanent. The allowable Verified Emission Reductions therefore include the following standards: VER+, VCS, Gold Standard, CCX, CDM VERs, CCB and CCAR. The Balanced Reserve Offset Fund, which is managed and administered by Sterling Waterford, is the exclusive provider of Offsets and Guarantees to The Carbon Lottery.

What is an Offset?

A carbon offset is a voluntary carbon offset instrument aimed at a reduction in greenhouse gas emissions. Carbon offsets are measured in metric tons of carbon dioxide equivalent (CO2e).

One carbon offset represents the verified (audited) reduction of one metric ton of carbon dioxide by a project or installation somewhere in the world.

In the voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. These are the offsets in which the Fund invests.

Voluntary Offsets are also called Voluntary Emissions Reductions or Verified Emission Reductions (in both cases VERs).