PPT

Report
Voluntary Cancellation of CERs: a
private sector perspective
LACCF Bogotá 2014
Isabela Aroeira | Offset Manager
DIFFERENT PERSPECTIVES ON CER’s VOLUNTARY
CANCELLATION
CDM Board
Possibility to create new demand for CDM offset credits
Brazil
Possibility to compensate big international events through public
calls:
Rio +20
FIFA World Cup
Private Sector
The action is aligned to the company values and beliefs:
Brand name figuring among the “official CER’s Donors to
offset GHG during the 2014 Soccer World Cup”
Usage of the “Selo Sustentabilidade Baixo Carbono”
COMPLIANCE
X
VOLUNTARY CANCELLATION
• Higher volumes of transacted
credits;
• Smaller quantities of credits are
transacted; (Less than 0,5% of total
CDM issuance)
• Prices determined according to
credits supply and demand.
• Prices determined according to
“co-benefits” delivered by project
activities;
• Process have to be fast, transparent
and less bureaucratic.
CER’s VOLUNTARY CANCELLATION – NUMBERS
2nd Q / 2014
VOLUNTARY CANCELLATION BY HOST
PARTY (CERs/tCERs/lCERs)
2nd
BRAZIL
(17%)
1st
CHINA
(36%)
3rd
ARGENTINA
(12%)
VOLUNTARY CANCELLATION BY
PROJECT TYPE (CERs/tCERs/lCERs)
1st
2nd FUGITIVE
EMISSIONS
(10%)
AFFORESTATION
AND
REFORESTATION
(59%)
3rd HYDRO
(10%)
HOW TO CANCEL CER’s?
PARTNERSHIP
AGREEMENT
(MMA AND
COMPANY)
SEARCH FOR
BRAZILIAN
CER’s
PRICE
NEGOTIATION
SMALLER DEMAND,
HIGHER PRICES
CANCELLATION
BY PROJECT
OWNER
TEXT:
PURPOSE/BENEFICIAR
Y OF CANCELATION…
AMIGO DO CLIMA - PROGRAM AND
PREMISSES
•
Selected high quality carbon credits;
– Industrial gas offset projects and large hydro – questionable environmental
integrity
– tCERs – how can a temporary offset deliver permanent benefits?
•
Possibility to combine carbon projects (different standards,
project activities…) to compensate one action;
•
Traceable, transparent, auditable system.
www.amigodoclima.com
LESSONS
• Private sector demand faster and transparent operations;
• The co-benefits of the project add value for voluntary
compensation (SD Tool);
• Voluntary cancellation initiatives are growing and have an
important role on todays scenario, enhancing carbon
transactions.
Isabela Aroeira | Offset Manager
[email protected]
+55 (31) 8401-1766
+55 (31) 3401-1074
Obrigada!

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