Log in



NEWS

  • 22 May 2017 17:39 | Anonymous member (Administrator)

    Jointly organised by the World Bank Group, IETA and Fira Barcelona on May 22-25, the new platform Innovate4Climate (I4C) brought together business and finance leaders, multilaterals, and governments from around the world.

    ICROA hosted an invitation-only workshop on ‘Scaling voluntary action within the framework of the Paris Agreement’, involving voluntary market stakeholders and national governments. This successful first edition was oversubscribed and attracted over 80 participants who took part in roundtable discussions based on the 'World Café' format. As an introduction to these discussions, the following panelists from the public and private sector shared their views on the challenges and opportunities for the future of the voluntary market:  

    • Glen Murray: Ontario Minister of the Environment and Climate Change
    • Marion Verles: CEO, Gold Standard Foundation (presentation here)
    • James Grabert: Director, Sustainable Development Mechanisms, UNFCCC (presentation here
    • Andrew Howard: Director, Koru Climate (presentation here)
    • Mahlin Ahlberg: Senior Policy Advisor, German Ministry of Environment (presentation here)

    In the past 15 years, the voluntary market has helped raise ambition, mobilise private sector finance and build momentum around emissions mitigation. These experiences will prove valuable in helping to deliver the objectives of the Paris Agreement. At the same time, the entry into force of the Agreement will create opportunities for increased voluntary action, but will also raise important questions, which were discussed by the participants during the roundtables: 

    • Is the concept of offsetting still fit for purpose and practicable under the Paris Agreement?
    • Does offsetting have different roles to play in different types of NDCs?
    • Are specific provisions needed under Article 6 to support voluntary action? If so, what areas would these provisions need to focus on?
    • What incentives would drive higher levels of voluntary action from the private sector, and what options are available to governments to encourage voluntary action?
    • What governance and infrastructure arrangements are needed to ensure that voluntary actions contribute to NDCs under the Paris Agreement, whilst maintaining environmental integrity?

    This edition was the first installment of a bi-annual series of workshops designed to help secure a role for voluntary action in a post Paris world. ICROA will build on this first edition to write a report which will serve as guidance and a communication tool for the second edition scheduled for November 2017 during COP23 in Bonn.

       

  • 18 May 2017 11:24 | Anonymous member (Administrator)

    Simon Henry, ICROA Programme Director, joined a panel discussion at the Annual Global Impact Investment Conference in Geneva to discuss the drivers behind corporate carbon offsetting strategies.

    The conference highlighted the latest R&D techniques and metrics being used to widen the investment flows into the impact market. It also addressed pooling impact investment strategies and techniques to optimize financial, as well as social and environmental returns, while reducing risk exposure.

    The sustainable investment market, largely dominated by negative screening and ESG integration strategies for public equities, is slowly transitioning to impact investment with a dual bottom line of positive societal and financial returns. This is driven by private capital and “early entrant” family offices with a long term investment horizon, aligned with the UN Sustainable Development Goals. 


  • 22 Mar 2017 19:02 | Anonymous member (Administrator)

    On 22nd March, ICROA Programme Director Simon Henry moderated a panel session at the RECs Market Meeting 2017 in Amsterdam. The panel session discussed the overlap between the voluntary offset and voluntary RECs markets. As an increasing number of companies take on voluntary action around climate change, and have an increasing choice of market mechanisms to help them, this session discussed how better knowledge sharing can help both markets grow whilst maintaining environmental integrity. 

    Simon was joined on the panel by Meinrad Burer, Director of Research & Development at EcoAct (and an ICROA member) and Aron Simon, Senior Originator Statkraft, (and an IETA member)

  • 16 Mar 2017 14:36 | Anonymous member (Administrator)

    ICROA is pleased to welcome VNV Advisory as its first Indian member company. Based in Bangalore, VNV Advisory work with the community for a large number of projects, which have contributed substantially to the global fight on climate change as well as aided in providing a better way of life for over a half a million households in developing and under developed countries. They also engage with businesses to address issues of social responsibility and environmental sustainability. 

    VNV Advisory help organizations seeking to develop a S.M.A.R.T (Strategic. Measurable. Achievable. Reliable. Tangible) sustainability agenda. VNV promotes the idea of reporting and transparency, and has been at the forefront of the sustainability space in India.

    Sandeep Roy Choudhury, Head Origination – Carbon and Sustainability says "We're pleased to join ICROA and demonstrate our commitment to best practice carbon management. We look forward to working with the alliance and other members on deepening our network in the international carbon space and hope to make some meaningful contributions to further the development of voluntary environmental markets globally."

  • 15 Mar 2017 16:16 | Anonymous member (Administrator)

    The entry into force of the Paris Agreement presents opportunities for increased voluntary action, and it also raises important questions for the voluntary market, due to the very different nature of the Kyoto Protocol under which the voluntary market developed. The transition from one agreement to the other therefore raises important questions such as:

    1. What options exist under the Paris Agreement to promote voluntary action?
    2. How can the Paris Agreement rule book enable those options in ways that prevent double counting, respect environmental integrity, promote sustainable development, and enable the flow of private sector capital in support of mitigation and adaptation
    3. How can Article 6 provisions be developed to provide an enabling framework for voluntary action?

    ICROA has released a white paper on “Scaling Voluntary Action within the Framework of the Paris Agreement”. This sets out the opportunities and challenges facing the voluntary market, and presents ICROA’s initial thoughts on addressing these important questions

    Click here to download the white paper.
  • 21 Feb 2017 14:17 | Anonymous member (Administrator)

    Ana Aires Carpinteiro has become the new co-chair of ICROA. She takes over the position from Rob Stevens of ClimateCare after his two year tenure finished at the end of 2016.

    Ana is the Director of Partnerships and Communications at Nexus, based in Singapore and Cambodia. In this role she leads the work on international business development and sales of the carbon credits portfolio. The team supports corporates in addressing climate-change impacts and development challenges, whilst driving funding to low-carbon development projects and social enterprises. 

    Before joining Nexus, Ana worked as a sustainability consultant and a project manager, helping businesses become more efficient and competitive by making smart sustainable choices. She has worked in environmental sustainability all her career, both in the private and public sectors, as well as with not-for-profit organisations. 

  • 13 Feb 2017 13:00 | Anonymous member (Administrator)

    This week, IETA and the International Air Transport Association (IATA) kick off a global series of workshops, starting in Nairobi on 14th February. The aim of the workshops is to help airlines prepare for the start of the Carbon Reduction and Offsetting Scheme for International Aviation (CORSIA) in 2021. The workshops will focus on sharing best practices and lessons learned on carbon markets and MRV compliance from IETA members directly with IATA member company airlines and aircraft operators.

    To assist in these discussions, ICROA has released a flyer on the experiences from the voluntary carbon market in helping airlines reduce and offset their aviation emissions. There are nearly 50 airlines worldwide that are currently involved in voluntary offsetting and ICROA members have actively supported a number of them in the design and operation of offsetting schemes, and in the selection of emissions reduction projects and retirement of carbon credits. 

    ICROA welcomes the ICAO commitment to achieving carbon neutral growth from 2020 and we look forward to assisting in the design and delivery of CORSIA. 

  • 16 Dec 2016 12:56 | Anonymous member (Administrator)

    IETA/ICROA will be speaking in the workshop “Clean Energy Future: Carbon emissions – transitioning to net zero” at Ethical Corporation's Responsible Business Summit Europe (London, 7-8 June 2017). It is Europe’s leading business conference focusing on the latest in sustainability, communications and governance. The 2017 event is bringing 500+ innovative and inspiring companies in responsible business to London, with a focus on ‘Social Purpose and quantified Impact’.

    As a supporting partner, all IETA/ICROA members are eligible for a £200 discount on the price of a pass to the summit. Please contact ICROA Programme Director Simon Henry for details of how to claim this discount. 

    The ‘Social Purpose and Impact’ focused agenda of the Summit will cover:

    1. The end of CSR and the dawn of the Social Purpose Era: Understanding how the landscape is changing, what opportunities that align commercial and financial goals with macro societal need presents and strides required for real, positive change to result
    2. Social purpose and Impact: Using the right data to mitigate risks, measure social and environmental impact, deliver trust and positive social transformation to ensure your licence to operate
    3. Building and communicating the underlying case: Understanding your stakeholders’ agendas and finding the shared goals to co-creating alliances and coalitions with impact front of mind

     To see further details of the event, download a brochure here

  • 25 Nov 2016 12:00 | Anonymous member (Administrator)

    ICROA hosted a side event on the future of the voluntary market at COP 22 in Marrakech.  The session discussed how the introduction of the Paris Agreement brings both risks and opportunities to the voluntary market. It outlined what new approaches might be needed for the voluntary market to continue remain effective post 2020 and how voluntary offsetting can continue to add value and impact under the Paris Agreement.

    The panel consisted of the following participants:

    • Jonathan Shopley (moderator): Managing Director, Natural Capital Partners
    • Simon Henry: ICROA Programme Director
    • Andrea Abrahams: Global Director, BP Target Neutral
    • Joe Pryor: Director, Carbon Markets and Bilateral Partnerships, International Climate Change Branch, Australian Department of the Environment and Energy
    • James Grabert: Coordinator of Sustainable Development Mechanism Programme, UNFCCC
    • Jochen Gassner: Executive Board Member, First Climate and ICROA co-chair
    The slides from Simon's presentation can be accessed here, and the slides from Joe's presentation can be accessed here
  • 15 Nov 2016 16:18 | Anonymous member (Administrator)

    On 15th November, ICROA Programme Director Simon Henry discussed Insetting at a Climate Club event organised by Eco Act in Marrakech. 

    Simon presented ICROA's work insetting, outlining the definition of the term and what constitutes best practice. He was joined on the panel by Marion Verles from Gold Standard and French MP François-Michel Lambert. 

                

© Copyright 2018, ICROA. All rights reserved.