CarbonSink.Andrea.Maggaini Cop21 final
-
Upload
andrea-maggiani -
Category
Environment
-
view
209 -
download
2
Transcript of CarbonSink.Andrea.Maggaini Cop21 final
Voluntary action that goes beyond regulatory requirements can close that gap as has been shown in the last ten years:
Filling the Gap of 2°C
4,5 Billion $ in Carbon Finance
1 Billion ton CO2 eq. (reduced so far..)Data Source: State of the Voluntary Carbon Markets 2015
Private sector involved in Voluntary Action US vs EU
Data Source: TAKING STOCK OF THE ROLE OF OFFSETS IN CORPORATE CARBON STRATEGIES, ECOSYSTEM MARKETPLACE 2015
The Italian domestic market is not transparent and no aggregated data on price and volume is available. The only available data is carried out from the voluntary carbon credits generated by forestry projects in and outside Italy.
Italian Voluntary Climate Action
Volume: 46.720 tCO2eq.
Value: 560.000 € Data Source: State of the Italian Forest Carbon Markets 2015 (Nucleo Forestale Monitoraggio del Carbonio)
VOLUNTARY ACTION IN ITALY
1. No Italian companies are present in the TOP 100 Voluntary Offset Buyers as reported to CDP in 2013 and 2014.
2. Most of the Italian voluntary mitigation action is not additional. “none of the forest mechanisms arose in Italy are additional” (Data Source: State of the Voluntary Carbon Markets 2015 )
3. Lack of regulatory framework recognising best practices and rules (additionality, transparency, etc.) able to prevent greenwashing and false practices
Italian Voluntary action within the private sector is marginal compared to other countries.
Who are we?
Carbon Sink is a recognized spin-off from the University of Florence
Carbon Asset Management
along the project cycle
Our Mission :Support companies in their transition to
carbon neutrality and a sustainable future
Strong team: Academy and Carbon
Market
Integrated Climate mitigation
strategies
Member of:
Climate Equality
Our objectives is to ensure that climate finance
accomplishes as much as possible for those most
affected by climate change.
Traditional NGOs Approach
Private Donor
Grant
ITALIAN FUNDS
Int. Cooperation Funds
Emergency
Health & Social
Energy & Environment
Etc…
FUNDS NGOs ACTIONs
YR 0 YR 3-4
End of the projects (1-4 year Traditional Tender Cycle).
Climate Finance and opportunity for Italy
Private Donor
Grant
ITALIAN FUNDS
Int. Cooperation Funds
Emergency
Health & Social
Energy & Environment
Etc…
Standard Assesment
Validation process
Verification process
Carbon Credits Issuance
FUNDS NGOs ACTIONs CLIMATE FINANCE
NGO Traditional Approach
YR 0 YR 3-4 YR10..
Income Voluntary Actions
Voluntary Buyers
Long term approach
Micro-Scale Project Maputo city, Mozambique
CERTIFICATION PROCESS:
Stoves on the ground: 15.000 units
First monitoring year: 26/03/14-25/03/15
Verification Date: 06/08/15
First Issuance Date: 24/10/15
Number of VERs issued: 9,834 tCO2e
PROJECT´S CO-BENEFITS:
Saved charcoal: 70% less charcoal consumed (1.64 kg/family/day)
Saved money: 20 $/month/family
Improved air quality and health for 10,000 families (> 50,000 persons)
Avoided forest cuttings: yearly 38,000 tons less wood cut
Local employment: 27 local young people hired
70%Less Charcoal
Micro-Scale Project rural Ethiopia
CERTIFICATION PROCESS:
Stoves on the ground: 6.000 units
First monitoring year: 11/10/14-10/10/15
Registration Date (estimated): 30/11/15
First Issuance (estimated): April 2016
Number of VERs issued: 9,700 tCO2e
PROJECT´S CO-BENEFITS:
Saved wood: 40% less firewood consumed (1.0 kg/family/day)
Improved air quality and health for 6,000 families (> 30,000 persons)
Avoided forest cuttings: yearly around 6,000 tons less wood cut
Local employment: 20 persons hired for the two new stove
producing cooperation's
40%Less Wood
FairCarbon Initiative: beyond Carbon Offsetting
Only recognized International Standards and Certification
Medium and Small sized projects (community based carbon projects)
No industrial Projects (ex. Large CDMs, black list sectors, etc..)
Focus on Developing Countries and LDCs
Transparency throughout the project
andBENEFITS
IMPACTSMEASURABLE
CO-
†
Sustainable Development
• Increase Climate commitment in private sector
• Leverage the climate mitigation action within Italian NGOs while increasing International Cooperation funds (Reducing Public spending )
• Maximizing the efficiency of the climate actions with a measurable and certified process
• Increase overall Italian contribution to international climate mitigation and adaptation
An opportunity not to be missed
1. Developing a framework with Profit and Non Profit contribution (clear rules for voluntary action in Italy)
2. Create synergies between International Cooperation and private sector in Developing Countries. Support the voluntary action with specific marketing campaigns (ex. CarbonNeutralNow.UNFCCC 2015)
3. Mobilize the private sector: introduce incentive schemes and support private sector in disclose their Climate Strategy in their CSR report.
Our proposal
Thank you …
Andrea Maggiani Carbon Sink Group s.r.l. Web-site www.carbonsink.itE-mail: [email protected] +39 340 7109826
Contacts: