The document discusses corporate social responsibility (CSR) investments in carbon projects, specifically reduced emissions from deforestation and degradation (REDD) projects. It notes that despite the failure of cap and trade legislation, there are still pressures on companies to report on and reduce their carbon emissions. REDD projects present opportunities for cost-effective emissions reductions. The document provides criteria for evaluating REDD projects, including governance, transparency, and certification. It argues REDD projects led by for-profit companies may be more sustainable that NGO-led projects. It proposes the concept of an international carbon forestry fund to help jumpstart REDD projects through CSR investments.
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In IndiaSatyaki Chowdhury
This Presentation on CSR will give you the very core idea of what is CSR, how it evolved, what are it's applications, its effect on the aspect of Business & Some examples of CSR's Involvement in India!!!!
The Slide No. 25 contains a Youtube Video. The link is given below :
https://www.youtube.com/watch?v=o0Ur-JqQmvQ
Hope you will get a basic idea of CSR from the presentation.
Thank You.
Facilitated by SNV, this event was held on April 24 to coincide with the Asia Pacific Forestry Week (APFW), which occured over April 21-26. The event featured a special Guest speaker - David Huberman - who was visiting Hanoi for the APFW - and focussed on REDD, the forestry mechanism proposed for the post-2012 UNFCCC protocol. Click on the link below to read his presentation.
Presentation by David Huberman
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In IndiaSatyaki Chowdhury
This Presentation on CSR will give you the very core idea of what is CSR, how it evolved, what are it's applications, its effect on the aspect of Business & Some examples of CSR's Involvement in India!!!!
The Slide No. 25 contains a Youtube Video. The link is given below :
https://www.youtube.com/watch?v=o0Ur-JqQmvQ
Hope you will get a basic idea of CSR from the presentation.
Thank You.
Facilitated by SNV, this event was held on April 24 to coincide with the Asia Pacific Forestry Week (APFW), which occured over April 21-26. The event featured a special Guest speaker - David Huberman - who was visiting Hanoi for the APFW - and focussed on REDD, the forestry mechanism proposed for the post-2012 UNFCCC protocol. Click on the link below to read his presentation.
Presentation by David Huberman
Presented by Belynda Petrie at the International Forum on Water and Food (IFWF), South Africa, 14-17 November 2011.
The International Forum on Water and Food (IFWF) is the premier gathering of water and food scientists working on improving water management for agricultural production in developing countries.
The CGIAR Challenge Program for Water and Food (CPWF) represents one of the most comprehensive investments in the world on water, food and environment research.The Forum explores how the CPWF research-for-development (R4D) approach can address water and food challenges through a combination of process, institutional and technical innovations.
Mercados internacionais para reduções de emissões de carbono: oportunidades e...UNDP Policy Centre
Apresentação intitulada "Mercados internacionais para reduções de emissões de carbono: oportunidades e desafios", proferida em inglês por Ruben Lubowski: Economista-Chefe de Recursos Naturais, EDF, no Seminário Internacional Oportunidades de Negócios para uma Economia Rural Sustentável:A Contribuição das Florestas e da Agricultura, realizado nos dias 14 e 15 de maio de 2019.
The Copenhagen Agreement is a document that delegates at the 15th session of the Conference of Parties (COP 15) to the United Nations Framework Convention on Climate Change agreed to "take note of" at the final plenary on 18 December 2009.
The Accord, drafted by, on the one hand, the United States and on the other, in a united position as the BASIC countries (China, India, South Africa, and Brazil), is not legally binding and does not commit countries to agree to a binding successor to the Kyoto Protocol, whose round ended in 2012.
Assessing redd+ readiness to maximize climate finance impactCIFOR-ICRAF
Originally presented by Christopher Martius at "Does money go to trees?: Assessing finance flows to maximize the impact of REDD+", an official SBSTA48 side event, presented by CIFOR, ICRAF and Wageningen University.
Michael P Totten presentation Sustainability Opportunities Summit, Denver, Ma...Michael P Totten
Michael P Totten presentation at the 2009 Sustainability Opportunities Summit in Denver. Discusses linkages between rainforest loss, species loss, and positive solutions for preventing greenhouse gas emissions while helping alleviate poverty and preventing biodiversity destruction.
Similar to Voluntary offsetting, csr, and the sustainable supply chain (20)
TechCrunch Meet Up Chicago June 11th
Hosted at Sandbox Industries www.sandboxindustries.com
Drinks provided by BigBoxEvents.com
Organized by Darrin Stern & Pinaki Saha
Voluntary offsetting, csr, and the sustainable supply chain
1. The Future of Corporate Thomas Houston
Senior Attorney
Social Responsibility (CSR) Thouston@bhfs.com
tel 310.500.4622
Investing in Carbon Projects
Special Role for REDD Projects?
Brownstein Hyatt Farber Schreck, LLP bhfs.com
4. To US Energy Companies and Executives as
Investors
Brownstein Hyatt Farber Schreck, LLP bhfs.com
5. After 2010 Defeat of Cap & Trade in US and
Elsewhere, What Remains for CSR Investments?
UN CDM Projects – Already Established Market
Renewable Energy Projects (driven by RES standards
and standard Utility (rate based) investments
Reduced Emission from Deforestation and
Degradation (REDD) Programs & Projects
Brownstein Hyatt Farber Schreck, LLP bhfs.com
6. Nature of the Problem: Where human emissions
come from
Figure 1[1]: (a) Global annual emissions of anthropogenic GHGs from 1970 to 2004.5. (b) Share of different
anthropogenic GHGs in total emissions in 2004 in terms of CO2equiv. (c) Share of different sectors in total
anthropogenic GHG emissions in 2004 in terms of CO2-e. (Forestry includes deforestation).
Brownstein Hyatt Farber Schreck, LLP bhfs.com
7. How does the world reduce emissions most
efficiently and economically?
Economical opportunities (less than $40 per ton) to reduce emissions by key
sectors of the economy.
1: Total abatement opportunities under €40/t CO2e in 2030 (in Gt CO2e p.a.) Source: McKinsey, Vattenfall
Brownstein Hyatt Farber Schreck, LLP bhfs.com
8. The facts of deforestation
30 million acres of gross deforestation
every year--area the size of England
18 million acres net loss of forest annually
Deforestation and land use change are
responsible for about 20% of global GHG
emissions--more than all forms of
transportation
Brazil and Indonesia are by far the biggest
deforesters--China, India, and the U.S. are
net reforesters
Brownstein Hyatt Farber Schreck, LLP bhfs.com
9. McKinsey cost curve: purple areas represent emissions
from forestry and agriculture--without those reductions,
we’ll have to make more painful cuts
2020
* Global abatement cost curve, 2020
(up to costs of €60/t)
*
Cost of abatement
* € / ton CO2e
*
* * * * *
*
Abatement
By 2020:
potential
* • Forestry is 31% (~5.9 Gt) of global
Gt CO2e
abatement potential, and 41%
* (~5.5 Gt) of developing world
potential
* • Agriculture is 15% (~2.9 Gt) of
global abatement potential and
* 16% (~2.2 Gt) developing world
potential
Brownstein Hyatt Farber Schreck, LLP bhfs.com
10. REDD -- How to save the climate faster, cheaper,
and with more orangutans
Brownstein Hyatt Farber Schreck, LLP bhfs.com
11. Why now? -- Building Pressures On Companies
Despite Failure of Cap & Trade
New Disclosures Required
SEC Climate Change Reporting Requirements
Stockholder Proxy Battles
Investors Pressing for More Information
CERES Socially Responsible & Green Investing
PERS & STRS and National Association of Pension Funds
Brownstein Hyatt Farber Schreck, LLP bhfs.com
12. Building Pressures On Companies cont….
Marketing & Advertising Competition
Green Marketing
Social Marketing
Anti-competitor Marketing
Cap & Trade Might Come Back Around or Cap & Tax,
Or EPA Cap & ?
Brownstein Hyatt Farber Schreck, LLP bhfs.com
13. Up & Downs to CSR Investing or Participation in
REDD (or other carbon forest) Projects
Brownstein Hyatt Farber Schreck, LLP bhfs.com
14. Key Criteria For Selecting REDD (or any carbon
forest) Project
Governance
Board of Directors that is led by For Profit and includes
Investors
Government Officials
NGO or Project Manager
-- Clear Lines of Authority to Execute
Transparency
Verifiable and unquestioned carbon credits
Only pay as credits verified annually
National, Regional and Local Political approval and support
Certification: Approval of Project by VCS or Equivalent UN
Program
Brownstein Hyatt Farber Schreck, LLP bhfs.com
15. What Type of REDD Projects to Support Currently
Only VCS Certified Carbon Forest or REDD Projects
Requires both methodology and project certification
Sale of Credits only after post certification
CCBA (Climate Community Biodiversity Alliance) Certification adds
additional value & Protection
What about CDM carbon forest projects?
Brownstein Hyatt Farber Schreck, LLP bhfs.com
16. Future REDD programs
UN working on REDD Project Standards
May be a UN market established for REDD credits
Current G to G REDD programs may evolve into
market based programs
G to G programs could be used to help establish market based
REDD credits by taking “marketable” credits in return for grants
Possible return of Cap & Trade?
Brownstein Hyatt Farber Schreck, LLP bhfs.com
17. Up & Downs of current CSR REDD Participation or
Investing in NGO controlled REDD (or other Carbon
Forest) Projects
Up Sides
Jump Starts Projects
Noel Kempff Mercado
G+ TNC (NGO)+ Private Utilities
Ache Carbon Forest
G + Floral Natural (NGO)+ Merrill Lynch
Initial Investors May Make Large Arbitrage Profit if Cap & Trade ever Comes
Down Sides
Lack of Follow Through Because No profit motive if Project Led by NGO
Lack of Attention to Governance Issues
Timidity in the face of Government or other corruption
Loss of Financial Support over time as Credits become questionable
Brownstein Hyatt Farber Schreck, LLP bhfs.com
18. Advantages of REDD Projects Led by For Profit
Companies
Truer Negotiations re: CSR Investment
For Profit Motive helps:
Ensure realism
Accuracy in cost and credits projections
Accurate accounting of credits
Provide backbone for standing up to governments
Brownstein Hyatt Farber Schreck, LLP bhfs.com
19. Importance of REDD Project Governance
& Organization
Governing Body of REDD Project:
Must be Led by For Profit Company with Voting Control
Must include Representatives from
National & Local Government
Local forest tribe
Investors
May include NGO
Brownstein Hyatt Farber Schreck, LLP bhfs.com
21. Flow Chart for VCS to Compliance Market
Brownstein Hyatt Farber Schreck, LLP bhfs.com
22. New Hope for Government to Government Carbon
Forest or REDD Models
Traditional G to G capacity building or AID programs (Ineffective)
Norway’s contingent $1 billion fund(s) for Brazil and Indonesia
G to G not necessarily inconsistent with private financing for
carbon forest projects
G investment to get ROR through carbon credits and sale of
credits into compliance market or later privatization of projects
Brownstein Hyatt Farber Schreck, LLP bhfs.com
23. Overview – Possible International Carbon Forestry
Fund for CSR Investors
$1 billion Fund
$5 to $10 per ton per carbon offset
Trade VCS first and then transition into “compliance” or UN REDD
market
Investors are major utilities with GHG emission reduction requirements
Help jumpstart REDD projects
Provide leadership & governance models
Ensure that REDD projects withstand scrutiny and build for the future
Spread the risks with multi projects in multiple jurisdictions
ROR on investment and/or steady stream of “lower cost” carbon offset
credits
Brownstein Hyatt Farber Schreck, LLP bhfs.com
24. Criteria For Fund Are the Same As Good Corporate
Social Investment
Governance
Board of Directors that includes
Investors
Government Officials
NGO or Project Manager
-- Clear Lines of Authority to Execute
Transparency
Verifiable and unquestioned carbon credits
Only pay as credits verified annually
National, Regional and Local Political approval and support
Approval of Project by VCS or Equivalent
Approval by UN or other Compliance Agency
Brownstein Hyatt Farber Schreck, LLP bhfs.com
25. Thank You
For more information please contact:
Thomas Houston
Senior Attorney
Brownstein Hyatt Farber Schreck, LLP
Thouston@bhfs.com
tel 310.500.4622
www.bhfs.com
Brownstein Hyatt Farber Schreck, LLP bhfs.com