InterClima MRV/GHG workshop December 5, Ms. Alex Carr, Director of International Development T: E:
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1 InterClima MRV/GHG workshop December 5, 2013 Ms. Alex Carr, Director of International Development T: E:
2 We envision a world that is on a measurable path to sustainability. 2
3 The Data Problem Global emissions data are of varying quality, inconsistently gathered & rarely verified How do we know what works? How can we be accountable? 3
4 A Solution: GHG Registries Corporate inventory EX: ABC Manufacturing Annual statement of emissions from all company s activities Project registry Specific activity to reduce GHGs (emission reduction project) EX: boiler retrofit at 5 manufacturing locations Track reductions from the project baseline over time Project database track certification of Certified Emission Reductions (CERs) and Emission Reduction Units (ERUs) or other Transaction log - creates, tracks, and enables trading of allowances, offsets.
5 Case Study: CCAR Created by legislation for California and beyond Baseline protection Credit for early actions
6 Building Carbon MRV In partnership with the State of California, the voluntary reporting registry: 1. Developed GHG reporting requirements for activities, facilities, some offsets 2. Developed third-party verification system 3. Provided technical assistance 4. Recognized early actions 5. Starting point for AB 32
7 California: Understanding Emissions by Activity Scope 1 6 GHGs & total CO2equivalent Scope 2 Biogenic By activity: Stationary, mobile, process, fugitive, energy purchases
8 California: MRV Before Cap & Trade Residential 6% Agriculture/forestry 7% Other 3% Electricity 23% 98% of electric power Transportation 38% Industrial 20% >80% of oil & gas refining 500,000+ fleet vehicles Commercial 3% >80% of landfills
9 From Voluntary MRV to Carbon Markets Linked markets Linked markets Linked markets Carbon regulation Cap and trade / carbon taxation Mandatory reporting Voluntary reporting
10 Case Study: The Climate Registry One-window reporting system supports voluntary & mandatory Database with common emission factors & calculations Streamlined verification Provides: Baseline protection/early action credit Public disclosure/substantiate leadership claims Relative emissions for some sectors (e.g. CO2/kWh) 10
11 Protocol Development: A Stakeholderdriven Process Governing Board Stakeholders Ratification GRP State & federal policy makers Corporates Science & academic experts NGOs Investors Draft protocols Registry Stds & protocols GVP Sector specific 11
12 The Components of a Registry 12
13 TCR Capacity-Building Services: PARTS Policy Protocol & Std development Multstakeholder convening Standards harmonization For gov ts & industry sectors Assurance & verification Program design Protocol development Recognition Technology Support & Training Program specific Design Training & capacity building Criteria design Specifications Live help desk Accreditation Goal-setting Implementation Support program design Oversight QA Community building Verifier training Maintenance & support 13
14 TCR PARTS serve as building blocks that support carbon regulation & drive reductions 14
15 Case study: Asia LEAD Program TCR Provides: Protocol development & stds harmonization Training & capacity building Technology design & implementation 15
16 Global Climate Registry Alliance (invited) Link existing and new registries A single database & unified standards for GHG data Clearinghouse of proven reporting & verification tools available for no or low-cost Ongoing technical exchange to support and collaborate for GHG reductions for existing or new programs Global recognition of climate leadership and action
17 GCRA Value Proposition Stakeholder Emerging national governments Benefits Build capacity to design & operate programs Inform market design Facilitate market linkage Companies Build capacity to participate in markets/ regulations Facilitate climate action planning Improve transparency with stakeholders Public Make informed choices Hold emitters accountable Drive a low-carbon economy Multi-lateral funders Build capacity to target reductions in priority countries Assess impacts through consistent data Leverage public/private partnerships 17
18 We envision a world that is on a measurable path to sustainability. 18
19 Muchas gracias! Ms. Alex Carr, Director of International Development T: E:
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