ALLCOT will attend the third annual CPLC High-Level Assembly (HLA) in Washington to advance climate action through carbon pricing

ALLCOT will attend the third annual CPLC High-Level Assembly (HLA) in Washington to advance climate action through carbon pricing

Kevin Fertig, Director of Business Development of ALLCOT Americas, will attend the third annual Carbon Pricing Leadership Coalition (CPLC) High-Level Assembly, which will take place in Washington DC on April 19th, with the aim of advancing climate action through carbon pricing and reaching commercial agreements with companies interested in this issue.

The High-Level Assembly (HLA) will take place as part of the World Bank Group/International Monetary Fund Spring Meetings, and will bring together leaders from government, the private sector, and civil society organizations.

The HLA provides an opportunity to report back on the achievements of the CPLC and to recognize new developments, commitments, or plans for new action. It also provides an opportunity to discuss strategic issues that will shape the continued advancement of the carbon pricing agenda.

The event’s discussions will focus on two main questions:

  1. How can we effectively communicate the opportunities and benefits of carbon pricing across regions and sectors?
  2. How can we address the concerns of business and industry, especially those that are energy-intensive and trade-exposed, relating to carbon pricing in their sectors or regions?

In addition, Kevin Fertig will participate in the CPLC Technical Workshop which will take place on April 20th. In this event, the CPLC work plan and strategic outlook will be discussed, as well as developments in carbon pricing in the maritime sector.

For more information, you can click here. Should you wish to contact Kevin Fertig before, during or after these events, you can reach him at kf@allcot.com or +1 (646) 764-1799.

 

CPLC HLA 2018 Activities Summary:

April 19, 2018 | 12:00 – 13:30 | CPLC High-Level Assembly

April 19, 2018 | 17:00 – 19:00 | Cocktail Reception

April 20, 2018 | 10:00 – 16:00 | CPLC Technical Workshop

 

 

 

ALLCOT and AitherCO2 enter into a partnership in the European Compliance market

ALLCOT and AitherCO2 (from Milan, Italy) have entered into a strategic partnership for East European markets. Through this collaboration, ALLCOT is now able to extend its services in the EU-ETS compliance market.

The first milestone in this alliance was the winning of a tender organized by Electrocentrale Bucharest (ELCEN) for “The acquisition of 1,300,000 European Union Allowances (EUAs), greenhouse gas emissions certificates for compliance purposes”.

European Union Allowances (EUAs) are the main carbon allowances traded in the EU Emissions Trading Scheme (ETS), and the limit on the total number available gives them a value. Each year, the emissions of facility operators are audited, after which they have up to the end of April to surrender the entire number of permits covering emissions for the previous year.

Those organizations that emit more carbon than their cap must buy additional EUAs, while those that are able to reduce their carbon emissions below their cap are allowed to sell their excess EUAs.  Through this partnership, ALLCOT is able to rapidly respond to EU-ETS installations’ needs.

“ALLCOT Group is a well-established environmental market leader with an extensive global presence.  Our Carbon Trading operations provide instruments for our clients to efficiently and effectively manage their carbon exposure. This agreement with AitherCO2 will help us to continue with this philosophy”, Alexis L. Leroy, Founder and CEO of ALLCOT, says.

AitherCO2 is a provider of financial services to the world’s environmental and energy markets offering consultancy and trading solutions supporting companies subject to compliance as well as in the voluntary sector. AitherCO2 is a major trading house within environmental markets with an extensive presence worldwide.

Marbella, center of the international debate on sustainable development thanks to the VII InterEcoForum

Marbella has once again hosted the InterEcoForum, which, as in previous editions, addresses sustainability as the central theme of its meetings. The meeting, which for two days has addressed the Sustainable Development Goals around energy and blockchain technologies linked to this area, has been configured as a meeting space to generate opportunities from the historical challenges that arise, in addition to making it possible to contact international leaders, investors and professionals from different countries with local actors of the Costa del Sol interested in opening a business.

The forum, promoted by Anna Solod, was attended by Alexey Borisov, Chairman of the Executive Committee of World Federation United Nations Association, who from his post as director of the UNESCO Department of the Moscow State Institute of International Relations (MGIMO) has acted as the organism collaborator since the first event.

In the field of sustainable energy business, InterEcoForum addressed the treatment and management of CO2 emissions and carbon funds as a new climate financing instrument. Sergi Cuadrat, technical director of the ALLCOT Group, presented his work as an adviser in the green growth strategy of the state of Sonora (Mexico); while Alexey Shadrin, CEO of the Russian Carbon Fund, showed his low carbon solutions for regional development that make sustainability a business accelerator.

Another one of the presentations that more expectation raised was the one of Nordgas Trading that realizes remote geologic prospections with a magnetic-nuclear resonance technology to identify mineral deposits and aquifers that has an effectiveness of the 80/90% and that reaches depths of 5,000 meters.

In the field of new technologies, the head of How2Agency, Ed Baginskis, introduced the use of ‘blockchain’, its current use in the ‘mining’ of cryptocurrencies and advanced future applications. On this same field, was hold an online presentation of the Belorussian Technological Park that is developing from a decree that offers total tax exemptions during the first 5 years.

On the other hand, the Castellón startup Klenergy presented ‘Pylon Network’, the first Spanish renewable energy distribution platform that connects communities and the market using blockchain. The system also has its own payment method, the pylon-coin.

As the mayor of Marbella pointed out in its closing, InterEcoforum “is a meeting that once again positions our city as a privileged destination for the celebration of international events”. Knowing that many of the participants of the meeting are Russian, Ángeles Muñoz also promised to speak in their language next year.

 

Corresponsables Yearbook 2018 becomes carbon neutral thanks to ALLCOT

Corresponsables Yearbook 2018, the reference publication in the field of CSR and Sustainability, is carbon neutral for the second time, that is, emissions generated in the production process have been calculated and offset.

To achieve this seal, Corresponsables counted on the services of ALLCOT group, an environmental consultancy specializing in the calculation, reduction, and offsetting of the carbon footprint.

The total carbon footprint for the activity developed by the production of the Corresponsables yearbook 2018 is 8 tons of CO2 equivalent once rounded. Since the number of copies produced in 2018 has been 3500 yearbooks, the carbon footprint of one unit is equal to 2.11 Kilograms of CO2 equivalent.

Once this information was known, Corresponsables decided to offset those emissions. Offsetting CO2 emissions is based on the voluntary contribution of an amount of money proportional to the tonnes of CO2 emitted which have not been able to be reduced by other means. This economic contribution is dedicated to projects in developing countries. Corresponsables has chosen a project located in Argentina, in the province of Tucumán, to replace fossil fuels with biomass.

The proposed project activity aims at reducing GHG emissions through the installation of a new biomass-fired boiler for steam generation in the boiler room of the La Providencia sugar mill, which currently fires some bagasse and fossil fuels (mainly natural gas and, to a lesser extent, fuel oil).   Since the overall energy demand of the sugar mill will remain constant following the installation of the new boiler, the increased use of bagasse as a fuel will result in a reduction of fossil fuel consumption for steam generation.  The project activity has the capacity to reduce approx. 417,000 tons of CO2 equivalent emissions over a 10-year time frame

ALLCOT registers the first LatAm TIGRs project with APX

ALLCOT has registered the first TIGRs project from Latin America certified by APX, a leading provider of infrastructure solutions to the environmental and energy markets. The project is a hydro plant situated on the Guatemalan highlands of San Marcos.

Tradable Instruments for Global Renewables or TIGRs℠ are a new product for the voluntary renewable energy markets launched by APX last year, because companies had expressed the importance of utilizing renewable energy to meet their sustainability goals, and having market infrastructure to support these efforts globally. Different regulatory and energy policies at the national level create a need for a standardized instrument to track renewable energy production and ownership of the accompanying environmental benefits.

With the launch of TIGRs, companies now have an instrument to help them document their sustainability efforts while also providing transparency to the market, making it easier to find renewable energy projects and sellers.

ALLCOT is a firm believer in the development of a mix of tools to meet the climate challenges we face, as such, it feels that TIGRs provide an attractive and robust mechanism for businesses to demonstrate sustainability commitment and perform towards leading initiatives like the RE100.

The project

The San Rafael Hydroelectric power generator has a 4,2 MW capacity. Situated on the Guatemalan highlands of San Marcos, it is a run of river with no negative environmental impact.

In addition to providing renewable energy, the project owners are engaging with the local communities through various actions to improve the living standards of the locals at San Rafael de la Cuesta.   Some of which being, the financing of Guatemala’s first call center outside of the capital city, with a language school to teach locals English and train them for this industry, creating jobs in the rural area.

Further, the project owner has also financed 80% of the LED lamps in the town, built a water tank for Chayen village, built a new social area, and refurbished the access road for the people of Palo Quemado village.

The project has been operating for little over a year and currently 26930 TIGRs have been generated.

ALLCOT will be presenting at VII InterEcoForum 2018 on low-carbon solutions for climate change mitigation

Sergi Cuadrat, Technical Director of Origination and Sustainability of ALLCOT Group, will be giving a presentation entitled “Low-carbon solutions for Climate Change Mitigation: from Kyoto to Paris” at the VII InterEcoForum 2018. This annual international event dedicated to Sustainable Development will take place on 1st and 2nd of March in Marbella (Málaga, Spain), in Hotel Gran Meliá Don Pepe (José Meliá, s/n).

ALLCOT presentation will be on the 1st of March at 14:00, within the framework of the showcase “Best low-carbon solutions and technologies in Clean Energy Sector”. Mr. Cuadrat will explain the main technologies used internationally for the mitigation of climate change under the Kyoto Protocol and will describe the keys for their application under the Paris Agreements conventions.

About InterEcoForum

This annual international event will take place for the seventh time and will be focused on current aspects as

  • Energy Efficiency
  • Use of Renewable Energy Sources
  • Green and Photovoltaic Energy
  • Carbon Emission and its Reduction
  • Use of Innovative Technologies
  • International Cooperation and others

Over the years, InterEcoForum has become an effective platform to exchange contacts with new partners for future cooperation, discuss the current problems of the sector, know or introduce new technologies, trends, achievements and innovative designs. 8 agreements and memoranda of cooperation between the participating companies were signed. More than 150 companies and organizations from 16 countries participated in the Forum, more than 500 references to the event were published in the media of several countries. The forum expands the geography of the participants each year.

ALLCOT stakeholders can get a special discount of 15% for participation

For getting this offer, all the interested can write to info@interecoforum.org, or request information by phone (+34) 951 20 30 90.

Every million tourists generated 25,000 tons of CO2 in Spain in 2017

“For every million tourists who arrived in Spain in 2017, 25,000 tons of CO2 were emitted into the atmosphere.” This was one of the data highlighted  by Ignacio Sojo, Managing Director of ALLCOT, in a speech at the International Tourism Fair 2018, (FITUR), entitled “Application of the Sustainable Development Goals to the tourism sector: focus on the hotel sector”.The presentation took place within the framework of ‘FitrutechY’, a forum organized jointly by FITUR – IFEMA and the Instituto Tecnológico Hotelero (ITH).

Sojo explained how the tourism industry canreduce these emissions and help meet the Sustainable Development Goals (SDG). The SDGs are a universal call for action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. There are 17 in total and each objective has specific goals that must be achieved in 2030. Everyone has to do their part: governments, the private sector and civil society.

Sojo said companies in the tourism sector can help by “calculating, reducing and offsetting the CO2 emissions they generate through their business activity”. Many hotels are already doing it, he pointed out.

“You have to try to reduce the carbon footprint as much as possible and for this you can count on the advice of companies like ALLCOT. But no matter how many changes are made, in the end it is impossible to have zero emissions. However, there is a solution: when hotels cannot reduce their emissions further, they can offset them”.

“Offsetting CO2 emissions is based on the voluntary contribution of an amount of money proportional to the tonnes of CO2 emitted. This economic contribution is dedicated to projects in developing countries. Carbon offset projects produce positive social and economic co-benefits. Popular technologies include renewable energy, forest protection, recycling plants and energy efficiency. A hotel that offsets its carbon footprint receives a Carbon Neutral Seal and a certificate, helping this to rank better within the sustainable hotel sector and eco leader’s programs”, he commented.

Sojo pointed out that more and more customers want hotels to be sustainable: “30% of consumers buy with sustainability in mind and 60% of millennials consume responsible products,” he said

 

ALLCOT will be presenting at FITUR about Tourism and the Sustainability Development Goals

Ignacio Sojo, Managing Director of ALLCOT, will be giving a speech about tourism and the the Sustainable Development Goals at the International Tourism Fair FITUR 2018 in Madrid, held from 17 to 19 January at IFEMA.

The speech, entitled Application of the SDGs to the tourism sector. The focus in the hotel sector “, will take place next Friday19th of January at 11:00 am, within the framework of ‘FiturtechY’, organized jointly by FITUR – IFEMA and the Instituto Tecnológico Hotelero (ITH, Hotel Technology Institute).

The FiturtechY space is in Pavillion 10B and it consists of four simultaneous conferences, centered on the world of business, destination management, sustainability and future trends, where technology will remain a constant co-protagonist. These conferences are #techYbusiness: “Building the foundations of a new tourism”, #techYfuture: “The start of a new cycle”, #techYdestination: “How to make tourists fall in love” and #techYsustainability: “Stimulating responsible tourism”. The reading of ALLCOT is framed in the latter.

ALLCOT will be at The 9th edition of INVESTOUR

Ignacio Sojo will also be at the 9th edition of the Tourism Investment and Business Forum for Africa (INVESTOUR), organized jointly by the UNWTO, FITUR and Casa África, which will take place on 18 January 2018 at the International Travel Trade Fair (FITUR).

The structure of this important event is organized in two sessions: The first one is devoted to round tables and the second session consists of business-to-business (B2B) meetings. This constitutes a strategic platform that puts African tourism project leaders and potential international partners in direct contact with one another.

 

ALLCOT Participates in United Nations World Tourism Organization Sustainability Conference in Jamaica

ALLCOT recently participated in the United Nations World Tourism Organization (UNWTO)’s “Jobs and Inclusive Growth: Partnerships for Sustainable Tourism” conference in Montego Bay, Jamaica. The conference brought nearly 1,500 officials from around the world together to discuss the future of the travel and tourism industry in light of the rising economic threats posed by climate change.

Over three days, government and industry leaders led inspiring discussions about economic development, environmental conservation and community participation – all core tenants of sustainable tourism.

The ultimate takeaway: in order for the travel and tourism industry to thrive, it must protect the welfare of local communities and destinations, while mitigating the industry’s impact on the environment. It’s not an easy task, but doing so is critical to the future of tourism-based communities, the travel industry and our planet.

Given the conference’s Caribbean location – and recent extreme weather events that have decimated the region – there was a particular emphasis at the conference on the impact of climate change on the travel and tourism industry. The Caribbean economy is more dependent on tourism than any other industry – according to the World Travel & Tourism Council, travel and tourism brought in $56 billion to the region last year, about 15% of the area’s total GDP.

But extreme weather events like Hurricanes Maria and Irma put all of that at risk.

“Climate change in the Caribbean is not a theory – it is a lived experience,” said Professor Michael Taylor, Senior Lecturer at the University of the West Indies during his talk at the conference on resource efficiency and environmental protection.

It will take a long time to calculate the total costs of Maria and Irma to the Caribbean, but the region has already suffered huge impacts: from October 2017 through March 2018, airlines have cut 1.2 million seats to hardest-hit areas of the region. That represents billions of dollars in economic losses.

Unless global action is taken to significantly reduce GHG emissions, worsening climate change impacts will cost communities billions of dollars throughout the world. The consequences of inaction are dire, as the World Health Organization estimates that within ten years, climate change will cause approximately 250,000 deaths annually.

At the conference Kevin Fertig, ALLCOT’s Director of North American Business Development, shared our company’s deep experience in helping companies responsibly manage their greenhouse gas emissions (GHG) emissions, uncovering significant cost savings and business opportunities in the process. And ALLCOT put this into practice by offsetting the GHG emissions associated with the conference venue, the Montego Bay Convention Center.

ALLCOT left the conference inspired and committed to working with travel and tourism industry leaders to ensure that 2017 – the International Year for Sustainable Tourism for Development – was merely the start of a sustained commitment by the tourism industry to the future prosperity and wellbeing of the planet.

 

 

 

ALLCOT participated in the Green Fashion Week- Rome 2017, a CO2 free event

ALLCOT Group participated in the Green Fashion Week (GFW), organized by GD Major Entertainment, which held its sixth edition from 6th to 9th November 2017 in Rome.

Ignacio Sojo, director of ALLCOT, gave a presentation talking about how events can be CO2 neutral. And, precisely, GFW was a CO2 neutral event thanks to ALLCOT.

For that, ALLCOT is going to calculate the carbon footprint generated including energy consumption, air conditioning and climate control, daily trips to the event of the staff, travels made by the staff and emissions produced by the assistants.

Then, these emissions will be offset. Offsetting CO2 emissions is based on the voluntary contribution of an amount of money proportional to the tonnes of CO2 emitted. This economic contribution is dedicated to projects in developing countries which capture or prevent the emission of a number of tonnes of CO2 equivalent to the amount emitted.

The project chosen is located in the state of Para, Brazil, The Brazilian Rosewood Amazon Conservation (RMDLT), which is home to one of the most diverse and abundant ecosystems on the planet. This project protects 177,899 hectares of high conservation value rainforest. It will prevent net emissions of >20 million tCO2e over the project lifetime (40 years). It also supports 130 families who live and practice subsistence farming within the Project area and provides protected habitat for vulnerable animals including the Giant Anteater, Pearly Parakeet, and Black-handed Tamarin.

About Green Fashion Week (GFW)

Green Fashion Week (GFW) is a non-profit international event supported by GD Major and FSA and patronized by the Italian Ministry for the Environment, Land and Sea in collaboration with the United Nations Framework Convention on Climate Change.

GFW objective is to become a reference point and a privileged interlocutor for all national and international initiatives in order to enhance and promote sustainable development models within the fashion industry.  It aims at reconciling sustainability with the fashion industry, ethics, and responsibility for beauty, luxury, and comfort with style and elegance.