DECC Quality Assurance Scheme to end on June 30th.
Government recognises industry advances in self regulation and quality. ICROA continues to promote best practice for quality carbon offsets. 20th May 2011:
The UK Government’s Quality Assurance Scheme (QAS) for Carbon Offsetting, is closing down on the 30th June as the Government recognises that the Voluntary Carbon Market has developed and brought about great increases in Quality and Self Regulation.In a letter to the members of the QAS Advisory Board, including ICROA, the Head of DECC’s Low Carbon Economy Unit stated ‘The carbon market has moved on substantially since the introduction of the QAS and we now believe it is for the market to set best practice for carbon offsetting.
International Carbon Reduction and Offset Alliance (ICROA), the leading membership body of organisations offering offsets and carbon management services has been working with DECC as part of the QAS Advisory Board and believes this is the right course of action for DECC to take.
Edward Hanrahan, Co‐Chair of ICROA said, ‘we agree with DECC that the market has moved on greatly over the last two or three years. Prospective purchasers of Offsets have a number of robust, verified standards to choose from, as well as being able to rely upon the ICROA Code of Best Practice; an independently audited process that our membership base follows to only sell the highest quality independently verified offsets. The Government has been working closely with the voluntary carbon market and closure of the scheme signals that quality and self regulation has been much improved in the voluntary market.
Emergence of codes of conduct for market participants and the establishment of robust voluntary standards with transparent registries now allow for reliable, transparent accounting of offset sales. We are happy that UK Government has recognised that industry has significantly advanced in the past few years and that it is the role of industry experts to lead the way in setting best practice in carbon offsetting.’
ICROA is pleased to support the 6th Annual Carbon Markets & Climate Finance Americas -
Sao Paulo, Brazil, 5-7 April 2011
Attend this annual networking event where major Latin American CDM stakeholders gather to learn about the latest market developments in Latin America, meet new customers and do business.
Gain an in-depth understanding of the potential of the Latin American Carbon Markets:
- Digest COP 16 - what does it mean for Latin America?
- Interact with market leaders to reduce emissions and enhance development through the CDM
- Discuss new, innovative methods of sourcing capital for CDM projects
- Develop new models in light of the Copenhagen Green Climate Fund and an unstable Euro zone
- Examine the impact of CER price fluctuations on project hosts, developers and investors
- Make the most of the continent's forestry potential
- Use project case studies to develop best practice
For further information and to register, please visit http://www.greenpowerconferences.com/link/cm1104br.html?=icroa
Forestry, Biomass & Sustainability 2011
London, 12 & 13 May
This promises to be an important year for the forestry sector internationally, and particularly for forestry finance initiatives. The UN has declared 2011 to be the International Year of Forests and the recent UN Climate Change conference in Cancun has given the green light to efforts to award carbon credits to REDD projects in developing countries.
Attend the 2nd Annual Forestry, Biomass & Sustainability conference for a full update on – and analysis of – the developments in policy, economics and financing of biomass and forestry projects, and to identify new investment opportunities and risks in these rapidly growing markets.
Key benefits of attending:
- 30+ top-level panellists and speakers from industry and government.
- Optimise your business opportunities – gain a deep understanding of the current market situation facing forestry and biomass, including carbon finance, so you have all the information you need to maximise investment opportunities as they arise
- Highly interactive format – put your pressing questions to the panellists and debate the issues that are most important to you and your business
- Network with the key players in forestry and biomass – meet and do business with project developers, forestry owners, financiers/investors and other key players in forestry and biomass
- 15% discount for ICROA members – to claim your discount please quote Promotional Code FBS11/ICR/15 when registering.
For more information about the conference, please click here.
To register, please click here. Alternatively email your details to conferences@environmental-finance.com or call the Registration Hotline on +44 (0)20 7251 9151.
