Sergi Cuadrat, technical director of the ALLCOT Group, attended the 100th CDM EB meeting, which took place in Bangkok.
The Clean Development Mechanism (CDM) has incentivized billions of dollars’ worth of investment in climate action and has registered thousands of projects throughout the developing world.
“The CDM is harnessing the entrepreneurial power of markets and the private sector to meet goals on sustainable development and climate change,” said CDM Executive Board Chair Arthur Rolle. “Today, the CDM toolbox is an unparalleled resource, accessible to all, and considered in the design of new regional and domestic market-based approaches and mitigation actions around the world.
CDM projects earn a saleable certified emission reduction (CER) credit for each tonne of greenhouse gas they reduce or avoid, measured in carbon dioxide equivalents. The price paid for CERs has been a magnet for project developers looking to harness wind power, distribute clean cookstoves, or pursue a wide range of other projects. Before a project can be considered for registration, the host country must attest to its potential contribution to sustainable development.
“Work under the CDM shows that actions to mitigate climate change bring many co-benefits in human health, green jobs, poverty reduction and other aspects of development,” said Patricia Espinosa, Executive Secretary of UN Climate Change, in congratulating the Board.
Sergi Cuadrat agrees all of this and he thinks CDM has enjoyed great success in deploying more than $300 billion of investment into clean technology in developing countries around the world. However, he also remarked in his intervention that new CDM issuance rules penalise developers and discriminate against smaller companies, because project developers have to pay their Share of Proceeds before submitting their Request for Issuance rather than after the CERs have been generated (read an article published on ALLCOT website about this here) and he asked for a solution. Also, he proposed a number of solutions.
You can see the video here:
ALLCOT, one of the sponsors of “Your Chance” Cup at the Fifth Edition: Soccer competition for institutionalized children
On June 17, 2018, Your Chance Association from Romania organized the 5th edition of the charity sport event ”Your Chance cup”, in collaboration with the Romanian Football Federation.
120 children, coming from placement centers and low-income families in Romania, had a full day of beautiful surprises with prizes and medals.
“We are glad that we have reached the fifth edition of this football competition, where children from disadvantaged environments have a lot of fun and surprise gifts. We thank our partners for helping us to engage children in sports activities, giving them an unforgettable day” says Gabriel Ciobotaru, President of Your Chance Association.
The “Your Chance” Cup started at 9am on Sunday at the Argman Club in Ilfov County, Chitila Village, 34th Troodi Street, and brought together 120 children from orphanages and disadvantaged communities as well as children from the “Social Center Helmut Schlotterer” from Bilciureşti, Dâmboviţa, founded by Your Chance Association in 2016.
Last year, more than 100 children enjoyed this sporting event, coming from centers like SOS Children’s Villages, ICC Romania, Periş Placement Center, St. Macrina Center, The Door Foundation, Life and Light Foundation. This year, the children are from social / foster centers in the 2,3,4,6 sectors and other children from needy families in Peris, Crevedia, Darza, Baldana, Tartasesti and other centers of DGASPC Ilfov.
Sponsors and partners of the “Your Chance” 2018 Cup are: ALLCOT Group, Kaufland Romania, Romanian Football Federation, Orhideea Sport, Infinity Trophy, Tymbark, P&G, Trattoria Paradis, Cris-Tim, and Carbon Expert.
At the same time, Your Chance Association is running many other projects in support of the community, such as “A Hot Chance” (a warm meal offered every Thursday to homeless people in Bucharest, awarded this year at the Civil Society Gala with the 1st prize), “Smile from the box “(Christmas gifts, packed in shoe boxes, offered to needy children),” Volunteer for health “(free medical checks),” Requisites for your future “(requisites and school bags for poor children or for foster children) , “Build hopes together” (building houses for poor families), etc. Your Chance Association inaugurated a computer room in Buftea in 2015, proposing to digitally literate over 100 children from poor families, and in 2016 in Dambovita County, the “Helmut Schlotterer Social Center” in Bilciuresti, where it hosts and educates orphaned or poor children.
“Contrary to what most people think, a paper book is more environmentally friendly than using electronic devices. According to a study by the Royal Institute of Technology of Sweden, an e-reader begins to compensate a traditional book when at least 33 digital works of about 360 pages have been read”. This was one of the data given by Federico Glikstein, Sales Director of ALLCOT, in the talk he gave within the Sustainable Culture Cycle that took place during the Madrid Book Fair.
In addition, Glikstein talked about how editing can be improved to have less environmental impact. “Depending on the type of paper and the type of ink, the impact may be smaller or greater. For example, paper from sustainable felling and recycled paper impacts less than virgin fiber paper. As for inks, vegetable ink is more ecological than traditional inks. ”
He also commented on the phases of the life cycle of a book and how each of them generates an impact, from the design of the publication, the choice of raw materials, printing, distribution and end of life, in case it is pulled.
Carbon Neutral events
On the other hand, Gilkstein explained what a carbon neutral event consists of. “The emissions of greenhouse gases produced during the event are calculated. When they are calculated, the unit of measurement is CO2. Greenhouse gases other than carbon dioxide (methane, nitrous oxide, etc.) are converted to their equivalent value in carbon dioxide. Then, when the result is known, they can be offset.”
The offsetting of CO2 consists of an economic investment in projects that are usually in developing countries, that eliminate from the atmosphere a volume of emissions equivalent to the amount produced elsewhere.
The Madrid Book Fair is an example of a carbon neutral event. The organizers have already calculated and offset their carbon footprint last year and will do so again during this edition. They will choose again the project The Brazilian Rosewood Amazon Conservation.
This project supports the fragile ecosystem of the Amazonian rainforest by preventing deforestation and giving degraded forests an opportunity to regenerate. It will prevent net emissions of more than 20 million tonnes of CO2 equivalent over the project’s 40 year lifetime. This project also supports 130 families living by subsistence agriculture and provides protected habitats for animals in danger of extinction.
Algeciras (Cádiz) hosted the 1st Ecotourism Congress of the Campo de Gibraltar from June 5 to 7. The event will be carbon neutral thanks to the agreement reached between the organizers and ALLCOT. This means that the greenhouse gas emissions produced in the event will be calculated and will be offset.
Among the great goals of the 1st Congress of Ecotourism of the Campo de Gibraltar were the correct planning and regulation of activities, the exchange of professional experiences and success stories, product trends, and the knowledge of useful keys for the professional development of the activity, ranging from ecotourism awareness and demand, marketing tools or strategies for promotion, to good practices or the lines of grants and subsidies.
The Campo de Gibraltar (Cádiz) can boast an exceptional and unique geographical situation: in the extreme south of Europe, a few miles from the northern coasts of Africa and in front of the Bay of Algeciras, where the waters of the Sea Mediterranean meet with those of the Atlantic Ocean.
It has the only Intercontinental Biosphere Reserve in the world: the Andalusian-Moroccan Intercontinental Mediterranean Biosphere Reserve and two natural spaces of the size of the Alcornocales Natural Park and the Estrecho Natural Park.
Since 2017, Innovate4Climate (I4C) has been the place where finance, business, technology, and policy leaders meet to drive climate investment. Now, a new edition will take place on 22-24 May 2018 in Kap Europa Congress Centre, Frankfurt.
Tommi Neuvonen, Chief Operating Officer of ALLCOT and Sebastián del Valle, General Director in Guatemala, will attend the event the three days, with the aim of reaching commercial agreements with companies interested in sustainability and environmental project development. You can contact them by email email@example.com and firstname.lastname@example.org to set up appointments.
Climate action at unprecedented speed and scale is essential for making the investments required to avoid the effects of a 2 degree warmer world and meet the Paris climate commitments. In a world of constrained public resources, traditional forms of concessional finance will not be sufficient to fund the investment required for a transition to a low-carbon future. Scaling up and accelerating access to finance – from multiple sources, as efficiently and effectively as possible – to redirect the trillions of dollars sitting in unproductive, low yielding as well as unsustainable investments towards longer-term, climate-smart investments will be key.
Innovate4Climate 2018 will convene global leaders from industry, government and multi-lateral agencies for a one-day Summit, workshops and a Marketplace, to work and dialogue on development of innovative financing instruments and approaches to support low-carbon, climate-resilient development pathways; mobilization of private investments in climate action; support to developing countries in their NDCs implementation; development of ideas on how market-based and non-market based climate finance instruments identified in the Paris Agreement can best be designed to maximize impact and minimize costs
IETA’s Talanoa Stories project
One of the activities where ALLCOT is most involved is in IETA’s Talanoa Stories project. It is an effort to demonstrate that IETA members are very engaged in helping to achieve the goals of the Paris Agreement. The presentation will be during IETA’s Markets & Metrics day on Thursday 24.
The Madrid Book Fair 2018 will once again show its commitment to sustainability by calculating and offsetting the CO2 emissions produced during the event, just as it did last year. This year the fair will go one step further by also offsetting the emissions generated by attendees.
The offsetting of CO2 consists of an economic investment in projects that are usually in developing countries, that eliminate from the atmosphere a volume of emissions equivalent to the amount produced elsewhere – in this case, at the book fair.
The project chosen by the organizers to offset their emissions is the same as last year, the Brazilian Rosewood Amazon Conservation (RMDLT) in Pará, Brazil. This project supports the fragile ecosystem of the Amazonian rainforest by preventing deforestation and giving degraded forests an opportunity to regenerate. It will prevent net emissions of more than 20 million tonnes of CO2 equivalent over the project’s 40 year lifetime. This project also supports 130 families living by subsistence agriculture and provides protected habitats for animals in danger of extinction.
In addition, ALLCOT will also participate in the Book Fair giving a talk within the cycle of conferences and debates called “Climate change, sustainability and eco-edition”.
ALLCOT’s presentation will take place on May 31 at 18:00 hrs in the Bankia Cultural Activities Pavilion (Retiro Park). Federico Glikstein, Commercial Director of ALLCOT, will talk about how publishing can reduce its environmental impact, the differences between emissions generated by recycled paper and virgin paper books, the technical-economic advantages of eco-publishing to all companies involved in the publishing value chain and which phases of the life cycle of printed publications that generate the most impact, among other topics.
ALLCOT and YLEM enter into a partnership to verify three landfill gas projects under CDM standard in Mexico
ALLCOT and YLEM, a leading independent power generation expert specialising in landfill biogas utilization, have entered into a partnership to complete CDM Verification for three landfill gas projects in Mexico.
Specifically, ALLCOT is going to verify the following three projects that YLEM developed and operates: AguasCalientes, Tecamac and Durango. These projects have already been validated under the UNFCCC CDM Standard as project reference numbers 425, 1307 and 2271 respectively.
Also, ALLCOT will determine and select the more economically beneficial Environmental Credit Standard to for the ECs the projects are to receive and have the exclusive right to sell ECs issued to such projects on behalf of YLEM.
“ALLCOT Group is an environmental market leader. Our Carbon Trading operations provide instruments for our clients to efficiently and effectively manage their carbon exposure. This agreement with YLEM will help us to continue with this philosophy”, Alexis L. Leroy, Founder and CEO of ALLCOT, says.
YLEM is a leading independent power generation expert, specialising in landfill biogas utilization. Over the past 25 years, they have developed and operated landfill gas-to-energy projects in the UK, Spain, Poland, Hungary, Lithuania, Morocco, Mexico and South Africa. They are committed to finding new and innovative solutions to manage gases efficiently to generate energy, reduce CO2 emissions and meet environmental requirements. Producing ‘green’ electricity from harmful greenhouse gas and exotic fuels is at the core of their business.
“YLEM has been searching for a suitable partner to work with towards realising value from carbon credits created at these landfills in Mexico. I am pleased to have been able to develop an innovative solution with ALLCOT that enables us to de risk and mutually benefit through our joint agreement”, Ylem Energy Ltd Managing Director, Ian Gadsby, says.
Spain’s biggest management event, MABS, to offset all CO2 emissions thanks to an agreement with ALLCOT
The most relevant management event in Spain, MABS, has a novelty this year: CO2 emissions generated by the event will be calculated and offset. For this, the organizers will have the advice of the environmental consultant ALLCOT, demonstrating their commitment to taking care of the planet.
ALLCOT will calculate the emissions associated with the energy consumption of the Municipal Conference Center, where the event will take place; the emissions produced by movements of attendees; those generated by the hotel stays of participants and those associated with the use of raw materials, food and drink.
Once the result is known and the main sources of emissions have been analyzed, guidelines will be given to try to reduce emissions for the following year. Yet despite many changes that are made to achieve reductions, in the end it is impossible to have zero emissions. However, there is a solution: when they can not be reduced further, they can be offset.
The offsetting of CO2 emissions is based on the voluntary contribution of a quantity of money proportional to the tons of CO2 emitted. That money is invested in projects located in developing countries, which can be renewable energy, forest protection or energy efficiency.
The project chosen by the organizers to offset their emissions is located in Pará, Brazil, The Brazilian Rosewood Amazon Conservation project (RMDLT). This project supports the fragile ecosystem of the Amazonian rainforest by preventing rampant deforestation and giving degraded forests an opportunity to regenerate. It will prevent net emissions of more than 20 million tonnes of CO2 equivalent over the project’s 40 year lifetime. This project also supports 130 families living by subsistence agriculture and provides protected habitats for animals in danger of extinction.
“Leadership and Stakeholder engagement are really working together in sports”. This is one of the statements that Alexis L. Leroy, CEO and founder of ALLCOT Group, said during the panel discussion: Building a successful sustainability strategy at the Sustainable Innovation in Sport 2018 conference, organized by Climate Action, which took place on the May 2-3.
During his intervention, Mr. Leroy discussed how to build a successful sustainability strategy with other experts such us David Stubbs, Independent Sustainability Expert and owner of Sustainability Experts Ltd, who was the moderator; Jonathan Smith, Executive Director of GEO Foundation; Timothy Kellison, Director, Sport and Urban Policy Initiative of Georgia State University and Allen Hershkowitz, Founding Director of Sport and Sustainability International.
All of them explained that a successful sustainability strategy consists in following ten points: assess your starting point, define your vision and strategy, demonstrate leadership, establish effective governance, engage stakeholders, identify key issues and scope, set objectives and targets, assess progress, report and communicate.
ALLCOT also acted as one of the Gold Sponsors of Sustainable Innovation in Sport 2018. This event brings together leaders in the global sports scene; sports leagues and clubs, federations, sports venues, broadcasters, governments, the United Nations, private entities and NGOs among others, to discuss how the sports industry can inspire and encourage the fight against climate change.
Launched during COP21 in 2015 with the support of the French Ministry of Cities, Youth and Sport, Sustainable Innovation in Sport began to drive serious stakeholder engagement and action on reducing the impact of sport on the environment.
ALLCOT Participates in Carbon Pricing Leadership Coalition (CPLC) Annual Assembly at World Bank Spring Meetings
As heads of state, policymakers, business leaders and civic institutions gathered in Washington D.C. for the World Bank Spring Meetings, ALLCOT joined the Carbon Pricing Leadership Coalition (CPLC) for its 3rd annual High-Level Assembly (HLA) in Washington D.C. ALLCOT has been a member of CPLC since its inception in 2015. Kevin Fertig, ALLCOT’s Director of Business Development for North America, joined other leaders in the global carbon markets to assess the progress made in expanding and deepening carbon pricing policies in the past year.
In the HLA, World Bank President Jim Yong Kim emphasized that carbon pricing is the most critical tool for countries to achieve their Paris commitments to mitigating climate change. Carbon pricing, often taking the form of a carbon tax or cap-and-trade scheme, is the approach favored by most economists and business leaders to reducing global greenhouse gas (GHG) emissions. To date, it has been implemented in 42 countries and 25 subnational jurisdictions, including Canada, California, Europe and most recently China.
Carbon pricing also brings value to businesses: nearly 1,400 companies with a combined $7 trillion in revenues have set an “internal carbon price” as a means of assessing climate risk and driving company decision-making toward sustainable investments. Royal DSM CEO and CPLC Co-Chair Feike Sijbesma called it the best method for “future-proofing companies because the future is coming anyway.”
Despite this recent progress, Christine Lagarde, Director of the International Monetary Fund (IMF), emphasized that current average carbon prices (<$10 / ton) are still far too low; countries may need to reach a carbon price of $70 / ton by 2030 to stay on track with their commitments under the Paris Agreement. Economists and climate scientists generally agree that a price range of $40-80 will be needed by 2020, and $50-100 by 2030 – and for pricing policies to cover a much greater percentage of global emissions than today (15%). This points to the need for both governments and companies to both establish and raise carbon prices in the near future.
To build traction, the CPLC emphasized the need to improve communications on the diverse benefits of carbon pricing, and more directly engage the industries most impacted by the transition to a low-carbon economy.
Several suggestions were made on both points. To bolster communication, the HLA committed to:
- Increasing transparency on how countries will use the revenues from carbon taxes or the sale of carbon allowances
- Ensuring that these revenues promote countries’ other development goals (like community health and education)
- Highlighting early successes
- Holding town-hall-style meetings to communicate these policies to the public (and youth in particular)
- Positioning carbon pricing as an essential component of each country’s broader climate policy
- Engaging a broader coalition of corporate and civil sector leaders.
To address the concerns of businesses worried about the impact of carbon pricing on competitiveness, the CPLC agreed to:
- Increase collaboration between international carbon markets (such as the formal linking of California’s market with Ontario’s and Quebec’s) as a means of standardizing practices and prices across regions
- Establish clear market signals about rising prices over time to increase predictability
- Recognize the social stresses inherent in the transition to a low-carbon economy, directly engage affected communities and industries, and ensure that they are key partners in the conversation moving forward
- Provide industries with the tools and best practices for them to effectively plan for decarbonization
For its part, ALLCOT pledges to continue engaging businesses and governments on opportunities for climate leadership, including setting an internal carbon price. Many of ALLCOT’s clients already do so by investing in carbon neutrality; CPLC suggests that the purchase of carbon offsets is akin to setting an “implicit carbon price” within a company. Companies can extend the price they use for offsets as a means of estimating their carbon impacts throughout the decision-making process for their operations and investments. This provides an opportunity for greater integration of sustainability within our clients’ business practices, and a new way for them to engage their stakeholders as national carbon regulations gain traction.
To that end, on the last day of the conference, ALLCOT participated in working sessions focused on carbon pricing for several key industries and regions – notably in the banking, maritime and higher education sectors, and in developing a harmonized approach to carbon pricing across the Americas. Inspired by the progress made in only a few short years, in collaboration with CPLC, ALLCOT will continue to help guide organizations through the roadmap to Paris and a sub-2 degree future.