Voluntary offsetting in the Asian Pacific Region.

Voluntary offsetting in the Asian Pacific Region.
How to create demand and maintain quality and
consistency in emerging markets
Carbon Forum Asia
October 31, 2012
Renat Heuberger
CEO, South Pole Carbon
Climate change is a reality
(Bangkok, October 2011)
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State of the Carbon Markets:
A true challenge for many project developers...
4.5 MW Biomass-fired Power Plant in Mallavali, India
World’s first Gold Standard CDM project
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...but Voluntary Markets Porvide an Alternative
Income, for Highest
Highest-Quality
Quality Projects.
4.5 MW Biomass-fired Power Plant in Mallavali, India
World’s first Gold Standard CDM project
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Distribution of CERs and VERs (%) by Project Type
-> two different markets
Sources: RISOE database, Ecosystems Marketplace
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Distribution of CERs and VERs (%) by Regions
-> two different markets
Note: US and European
p
credits not counted
Sources: RISOE database, Ecosystems Marketplace
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Volumes Transacted (Mt CO2)
-> two VERY different markets
Sources: Ecosystems Marketplace, World Bank State of the Carbon Markets 2012
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Why do Corproates Offset?
Reputation and Customer Relations
Source: The business case for carbon offsetting by Bloomberg New Energy Finance 2009
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Who Offests CO2 Emissions?
Sample of South Pole Carbon Customers
Source: The business case for carbon offsetting by Bloomberg New Energy Finance 2009
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Where are the Buyers?
…compared to 70%
of supply
s ppl – some
ground to cover!
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Why Voluntary Carbon Markets are Raising in Asia
•
•
•
Increasing Importance of Corporate Social
Responsibility in Asia
C
Compliance
li
with
ith Supply
S
l Chain
Ch i Management
M
t
Standards in Europe / US
Pricing of Carbon – engagement in precompliance to get ready for Emissions Trading
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South Pole Carbon:
One of the leading global carbon developers
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Contact:
South Pole Carbon Asset
M
Management
t Ltd.
Ltd
Renat Heuberger
CEO
Technoparkstr. 1
CH-8005
CH
8005 Zurich
Tel.: +41 43 501 3550
r.heuberger@southpolecarbon.com
www southpolecarbon com
www.southpolecarbon.com
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