Climate Action 2008
Climate Action is an international communication platform, produced by Sustainable Development International in partnership with the United Nations Environment Programme (UNEP),that is specifically designed to assist the private and public sectors towards carbon neutrality, as well as providing practical actions to reduce our global carbon footprint. Climate Action was launched December 2007 at the UN climate change conference in Bali. Climate Action's objective is to inform and influence over 200,000 businesses and governments globally with regard to what they have to do to reduce their carbon footprint - and importantly how this may be achieved. Our influential platform is designed to communicate and promote clean products, services and solutions directly to the most influential audience. These are leaders of organisations looking for partnerships and solutions to assist them in their efforts in tackling the negative effects of climate change.
Getting greener: getting slimmer, and going digital! Climate Action ! ! " ! """ " ! # ! $ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G BUT WHICH GREEN DO YOU CHOOSE? Wind. Biomass. Solar. Geothermal. Digester gas. Landfill gas. With so many shades of renewable energy to choose from, where do you start? How about with a $32 billion world leader? Johnson Controls specializes in a wide spectrum of renewable technologies. That experience means we can help you find the right solution for you. For 120 years, we've helped companies save energy. Now we're helping them save a lot more. To learn more, visit www.johnsoncontrols.com/renewables. GOING GREEN MAKES SENSE, Integrated HVAC Systems | Building Management Systems | Technical Building Services | Industrial & Commercial Refrigeration Energy Efficiency & Sustainable Solutions | Global WorkPlace Solutions | Security & Fire Safety � 2007 Johnson Controls, Inc. Climate Action MITIGATION AND ADAPTATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CONTENTS 3 CONTENTS 4 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CONTENTS 5 FINANCE CONTENTS CONTENTS 6 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 186 188 189 195 ADVERTISERS INDEX ADVERTISER PAGE WEBSITE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CONTENTS 7 CLIMATE ACTION WISHES TO THANK OUR PLATINUM SPONSORS AND SUPPORTING ORGANISATIONS: SPONSORS AND SUPPORTERS 8 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Foreword Unite to combat climate change V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FOREWORD 9 There is another emerging argument: that kicking our carbon habit will not just avert catastrophe, but will provide a multitude of additional economic and social benefits. Author FOREWORD 10 Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G A Global Green New Deal? Out of the ashes of the current financial crisis, where should the 21st century global economy look for real and long-term growth, genuine prosperity and job creation? What about a Global Green New Deal? V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G INTRODUCTION 11 } } } } } } INTRODUCTION 12 Achim Steiner V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Committed to the conservation of the African continent Despite a steadily growing global awareness of the need to incorporate environmental action into sustainable business strategies, a widespread misperception still appears to exist that addressing climate change and conserving the environment is primarily the responsibility of organisations with high carbon emissions. As one of the leading South African and African banks, the Nedbank Group does not subscribe to this view. Quite apart from the fact that every organisation has a carbon footprint that must be managed and contained, saving our planet requires that those who are able to exert a positive environmental influence on others make the effort to do so. Nowhere is this more true than in the financial services industry - particularly among organisations involved in financing the operations of other businesses. The Nedbank Group is such an organisation. A JSE listed South African bank headquartered in Sandton, Johannesburg, the Nedbank Group is one of southern Africa's `big four' banks and offers a range of wholesale and retail banking services through its three primary business clusters: Nedbank Corporate, Nedbank Retail, and Nedbank Capital. Since 1990, the Nedbank Group has partnered with the World Wildlife Fund (WWF-SA), contributing towards hundreds of conservation projects via The Green Trust, which the two organisations established jointly. Through Nedbank's Green Affinity programme, more than R90-million has been donated to The Green Trust over the past decade, while a formal conservation partnership sees WWF-SA providing input into the bank's environmental and sustainability policies and practices. As a provider of specialist advice, debt and equity financing, and trading capabilities, Nedbank Capital, the investment banking arm of Nedbank, plays a major role within all South African business sectors, with its clients including the top 200 domestic corporates, state owned enterprises, financial institutions, multinationals, as well as major infrastructure and mining projects across Africa. As a signatory to the Equator Principles, Nedbank Capital is able to exert significant influence on the environmental practices of the businesses whose activities it finances. The group is the only African bank to subscribe to these Principles, which provide guidelines to ensure that the projects financed by banks are socially responsible and environmentally sound. As such, the business considers it a strategic imperative to make a difference to the future of the African continent. This core positioning of the Nedbank Group within the South African and African markets has seen Nedbank earn a reputation as South Africa's `green bank' - a reputation which it strives to live up to in a number of ways. Nedbank Capital recently established a dedicated Carbon Finance Team, which is tasked with examining and reducing the GHG emissions of the group and its clients via a range of services involving the development of carbon strategies, carbon footprinting, the identification and development of clean development mechanisms, and the implementation of energy efficiency projects. Carbon credit acquisition, asset management and distribution services also assists clients in unlocking the monetary value of their carbon minimisation efforts. Another initiative that is contributing tangibly to the preservation of the African continent is the Nedbank Capital Green Mining Awards. Started in South Africa three years ago, and extended to the rest of Africa in 2006, the Green Mining Awards acknowledge and celebrate the contribution that responsible mining and mineral beneficiation makes to the sustainable economic development of the continent and are widely recognized as having immense potential to help transform Africa's mining sector. Of course, Nedbank's conservation efforts are not limited to awards ceremonies. Nedbank also played a key role in the formation of the African chapter of the Prince's Rainforests Project. Established to bring together African governments, businesses and NGOs to find practical ways to stop the deforestation of Africa's rainforests, the African chapter is chaired by Nedbank's CE, Tom Boardman, and the group provides the required research funding. At an internal level, the group recently formalised its Climate Change Positioning Statement along with clearly defined targets for energy conservation, greenhouse gas emissions, waste management, and resource usage in all its operating divisions and companies across Africa. The group also affords its staff members many opportunities to contribute towards conservation via volunteerism and internal campaigns, while giving them access to comprehensive conservation eLearning programmes to aid their individual environmental efforts. Through these, and many other green initiatives, the Nedbank Group is striving to become southern Africa's most highly rated and respected bank, and a key influencer of environmental awareness across Africa. FOR FURTHER INFORMATION PLEASE CONTACT: Kevin Whitfield, Carbon Finance email: email@example.com Mark Weston, Investment Banking email: firstname.lastname@example.org Brigitte Burnette, Sustainability Division email: email@example.com www.nedbankgroup.co.za Fighting climate change THROUGH KNOWLEDGE Of all the environmental problems facing our global society, climate change is probably the most significant, not just because of the great impact that scientific studies predict that it will have, but also because of how widespread it is and how inextricably it is linked with our way of living and producing. We are not dealing here with an isolated phenomenon involving an anomaly located at a specific point in our production system, but with the result of a long process of economic growth based on an unsustainable model. 14 SPECIAL FEATURE The aim of the Plan is to strengthen a socioeconomic model which does not depend on carbon in the Basque Country and thus, to be less vulnerable to climate change. AN INTEGRAL PLAN V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Figure 1: Strategic objectives, programmes & lines of action of Basque Plan to combat climate change. The Basque Government has signed an agreement with The Energy and Resources Institute (TERI), leaded by the Nobel Prize winner Pachauri A BERC ON CLIMATE CHANGE } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 15 Author 16 } } SPECIAL FEATURE Organisation The BERC on climate change will be a reference for the science community devoted to the control of environment crisis and the impacts of it in other research areas. Enquiries | V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Moving ahead on climate Action on climate change is essential and is now a priority for governments around the world. Global business is keen to play its part, but political impetus and financial mechanisms are required to ensure that it can. The World Business Council for Sustainable Development has set out a clear agenda for what is needed to enable the business world to truly engage in action to combat climate change. } } } } WHERE TO BEGIN V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CAPACITY BUILDING 17 MITIGATION AND ADAPTATION } } A GLOBAL GOAL Creating value for GHG reductions, elimination, or avoidance will protect our ecosystems and natural capital, and send the required economic signals to the capital markets. CAPACITY BUILDING 18 MOVING FORWARD A LONG-TERM PATHWAY } } } } } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION MARKET MECHANISMS } } } Author } } } Organisation ADAPTATION Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CAPACITY BUILDING 19 MITIGATION AND ADAPTATION Walking the talk in the UN THE ROAD TO CLIMATE NEUTRALITY FROM PREACHING TO PRACTICE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREENING THE UN In 2007 the United Nations Chief Executive Board adopted a decision to move the United Nations system towards climate neutrality. The implementation of the decisions falls on each individual UN organisation but common action is coordinated by the Environmental Management Group (EMG) chaired by the UNEP Executive Director, Achim Steiner. To further support organisations to reduce their greenhouse gas emissions (GHG), the United Nations Environment Programme (UNEP), established the Sustainable United Nations (SUN) facility to assist sister organisations in translating the strategy into practical emission reduction measures. How credible can the UN be in its programmes and activities if we do not practice what we are preaching? 21 MITIGATION AND ADAPTATION FROM SOURCES TO CAUSES GREENING THE UN 22 Having a harmonised approach is also important for the UN system overall, so as to allow comparison and coordination among organisations. SETTING THE BOUNDARIES V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION The bottom line is that you need to know both the sources and the causes of emissions to be able to reduce them. TAKING A WIDER APPROACH THE ECONOMICS OF CLIMATE NEUTRALITY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREENING THE UN 23 MITIGATION AND ADAPTATION WHAT IS NEXT? Author Organisation 24 Policies supporting greenhouse gas emission reduction may be easier to get support for if the whole range of benefits � environmental, economic, and managerial � is presented as a package. GREENING THE UN Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G WE VIEW BUILDINGS AND TECHNOLOGY AS ONE. For the perfect synthesis of buildings and technology, look no further. Johnson Controls gives you a single point of responsibility. Making even complex technology simple. Scalable and flexible, we offer network integration systems that fold voice, data, security, HVAC, IT and specialty systems into one. We can provide the full system or just deliver the pieces. In fact, the only thing we don't deliver is worry. For more information, or to find a representative, visit www.johnsoncontrols.com. Integrated HVAC Systems | Building Management Systems | Technical Building Services | Industrial & Commercial Refrigeration Energy Efficiency & Sustainable Solutions | Global WorkPlace Solutions | Security & Fire Safety � 2007 Johnson Controls, Inc. MITIGATION AND ADAPTATION Sustainable solutions DISCLOSURE Despite the economic turmoil of the moment, climate change is becoming a more strategic issue for many businesses globally. Senior management is increasingly aware of how climate change will affect business, both now and in the future. This is in part due to increased regulation. We already have the EU Emissions Trading Scheme and expect similar schemes in Australia, New Zealand and elsewhere. In the US, both Presidential candidates, Barack Obama and John McCain, have undertaken to implement a federal capand-trade system. In the UK, tighter legislation under the Carbon Reduction Commitment will affect many UK companies from 2010. Some senior managers are also choosing to act ahead of legislation by implementing tough reduction targets across their business, recognising the benefits to the bottom line as well as to company reputation. 26 Companies operating across international borders can operate far more effectively if they are operating under the same regulatory systems. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G DISCLOSURE The recognition of risks and opportunities, beyond regulation, is a key trend in this year's CDP responses. 74 per cent of Global 500 companies reporting to CDP are now reporting emissions reduction targets, showing companies are increasingly taking climate change mitigation seriously. 27 MITIGATION AND ADAPTATION Author 28 DISCLOSURE Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Full disclosure ALLOWING FOR MEANINGFUL COMPARISON OF GREENHOUSE GAS EMISSIONS } THE CURRENT STATE OF PLAY AGGREGATE DATA � MORE RISK AND LESS OPPORTUNITY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G REPORTING The creation of the Kyoto Protocol in 1997 led to several greenhouse gas (GHG) emissions trading schemes being established to act as cost-effective mechanisms for reducing GHGs. The emergence of the Kyoto Protocol had two direct impacts on the area of GHG reporting. First, it forced the need to develop detailed standards for the measurement of GHG emissions, particularly at site or project level. Second, as the issue of global warming surfaced as a significant public policy issue, many business leaders began looking for ways to understand and manage their GHG emissions, and many of their stakeholders began to ask for more disclosure about these emissions and how companies were managing them. This prompted the emergence of specialised voluntary initiatives such as the Carbon Disclosure Project, as well as more general sustainability reporting initiatives, such as the Global Reporting Initiative, to provide voluntary standards and guidelines for GHG measurement and reporting. } } } 29 MITIGATION AND ADAPTATION The Global Reporting Initiative THE FRAMEWORK SUPPORT SERVICES 30 Learning Services } } } Report Services } } } REPORTING Online Services } } } } } Conference & Event Services } } Technology Services } } ORGANISATIONAL STAKEHOLDER PROGRAMME V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Author WHAT IS MEANT BY SEGMENTATION? } } } Organisation BUILDING RELEVANT GUIDANCE THROUGH CONSENSUS Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G REPORTING 31 The Johnson Controls path to sustainability It's the road to prosperity. The way to innovation. The avenue to leadership. It's the path to sustainability. Johnson Controls Inc is taking it, and we're helping millions of customers all over the world to follow it, too. The Johnson Controls path to sustainability begins with a common understanding of what sustainability means to businesses and organisations. The goals include financial rewards, more productive employees, and healthy communities. Most important, this route is critical to globally making a difference as sustainability becomes a factor in every person's life. 32 SUSTAINABLE GREEN BUILDINGS SPECIAL FEATURE } } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Understanding sustainability LEADING WITH LEED } } } } } } } } } SUSTAINABILITY EQUALS SUCCESS } } CONTINUOUS IMPROVEMENT } } } Organisation THE JOHNSON CONTROLS PATH Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 33 MITIGATION AND ADAPTATION How can we succeed with `peak everything' around the corner? Climate change, food shortages, soaring prices for staple goods � these are not fleeting crises, but symptoms of the defining challenge of the 21st century: whether our aspirations for human society can be achieved within the limits of what the planet can provide. In the way that military might, technological innovation and industrial power shaped geopolitics in the last century, the emerging shaping force will be competition for ecological resources. Who has these resources and who needs them will determine which societies flourish and which struggle in the decades ahead. RESOURCE MANAGEMENT 34 REACHING OUR ECOLOGICAL LIMITS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Figure 1. The rapid rise in humanity's use of `Earths' since the 1960's. SUSTAINABILITY: A CASE OF SELF INTEREST A NEW WEALTH PARADIGM DRIVING ACTION TOWARD CHANGE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G RESOURCE MANAGEMENT It is a case of pure economics: one cannot promote prosperity and well-being without also preserving access to the basic resources that sustain our economy and all of life. 35 MITIGATION AND ADAPTATION Figure 2. The Ecological Footprint of nations (2005 data). RESOURCE MANAGEMENT 36 Figure 3. The greatest Ecological Footprints tend to be seen in high-income countries. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION CAN WE SEIZE THE OPPORTUNITY? Author Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G RESOURCE MANAGEMENT Sustainability doesn't simply save the planet, it ensures a long-term revenue stream for pioneer investors � those with the foresight to plan and make changes now for resource constraints in the future. Organisation 37 MITIGATION AND ADAPTATION Ecoagriculture SUSTAINING WORLD FOOD SOURCES WHILE ADDRESSING CLIMATE CHANGE CHALLENGES 38 ECOAGRICULTURE As the global population increases toward nine billion, and many people become more prosperous, the demand for more food will require more land, water, pesticides, fertilisers and technology. More land cleared for agriculture could lead to more greenhouse gases (GHGs), but agriculture can also store more carbon, and biofuels could provide energy with less GHGs than fossil fuels. An overall land use plan can regulate the amount of land under crops and use as much land as possible for vegetation that sequesters carbon. `Ecoagriculture' can enhance biodiversity at the landscape scale, while at the same time mitigating the impacts of GHGs, enhancing adaptation to climate change and improving rural livelihoods. Some experts suggest that 30 years from now, we will need at least 50 to 60 per cent more food to enable the expected nine billion people to be adequately nourished. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ECOAGRICULTURE High quality agricultural land is increasingly becoming a limited resource, and per capita arable land has declined by an average of 1.9 per cent per year since 1984. 39 MITIGATION AND ADAPTATION ECOAGRICULTURE 40 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Author Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ECOAGRICULTURE Organisation 41 MITIGATION AND ADAPTATION New incentives to halt deforestation 42 FORESTRY As in other areas of our life, climate change demands significant changes in the way we view and use our natural resources, especially forests. Despite decades of warnings and unprecedented efforts, deforestation and degradation of rich forest habitats � particularly in the tropics � have continued to wreak havoc on biodiversity, local communities and our global climate. Now, with the prospect of a new global climate agreement, forests must be put into that framework to play a key role, one that can be both economically and environmentally advantageous. FACING MOUNTING CHALLENGES V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION It is estimated that if the Amazon were a country, it would rank seventh in terms of carbon emissions. 43 ADOPTING SUSTAINABLE STRATEGIES Simply stopping deforestation is not enough � we also need to invest in restoring forests and their ecological role and function. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FORESTRY MITIGATION AND ADAPTATION BENCHMARKING GOOD PRACTICE POLICIES MATTER FORESTRY 44 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Responsible investment is a key mechanism for motivating improvements in forest management and rewarding best practice. ADDITIONAL INCENTIVES TO HALT DEFORESTATION Author Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FORESTRY Organisation 45 Environmental commitment in our DNA HOW ECOLOGICAL AWARENESS IS EMBEDDED IN OC�'S DAILY OPERATIONS SPECIAL FEATURE Nowadays we frequently hear about organisations working to reduce their emissions and trying to reduce their carbon footprint. These are popular terms, yet what they mean is not always clear. What exactly is an organisation committed to combating climate change? A company that keeps its own emissions to a minimum? One which helps others reduce their carbon footprint? One which complies with the regulations? One actively involved in the appropriate public and private bodies? There are so many facets, they are hard to describe in just a few sentences. And yet we at Oc� have achieved a great deal across this whole area. What's more, this has been an ongoing process over the years, through long-lasting and close cooperation with our customers and through the development of our technology. But in particular, through our corporate culture, where being conscious about our carbon footprint is simply a matter of course. 46 FRONTRUNNER LONG-TERM AWARENESS CERTIFICATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CARBON OFFSETTING INVOLVED INNOVATION IN OUR GENES 47 Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE MITIGATION AND ADAPTATION European collaboration SUSTAINABLE FOREST MANAGEMENT FOR CLIMATE CHANGE MITIGATION 48 SUSTAINABLE FORESTRY Forests, sustainable forest management and forest products play a vital role in climate change mitigation. Growing forests sequester carbon and wood products continue to store carbon throughout their life time. Forest products can substitute products with higher greenhouse gas emissions and wood is an important source of renewable energy. As such, forests can play a significant role in mitigating climate change and their protection and enhancement is essential. SETTING THE SCENE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION PAN-EUROPEAN POLICY TOOLS FOR SUSTAINABLE FOREST MANAGEMENT ONGOING MCPFE WORK IN RESPONSE TO CLIMATE CHANGE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SUSTAINABLE FORESTRY 49 MITIGATION AND ADAPTATION THE TOOLS FOR CHANGE Authors 50 SUSTAINABLE FORESTRY These guidelines and tools are essential for optimising the contribution of forests and the forest sector in climate change mitigation. Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Deploying low-carbon road transport technologies into the UK market SETTING THE UK CONTEXT THE ROLE OF TECHNOLOGY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G LOW-CARBON TRANSPORT The UK shares the major global challenges associated with climate change and rising greenhouse gas (GHG) emissions, in particular from the road transport sector. A number of initiatives are being undertaken in the UK to address this challenge. One way of tackling this issue is to deploy lower carbon road transport vehicles in significant numbers in as short a period of time as possible. Technological solutions are being developed and demonstrated within the UK but can the vision of these innovators be turned into reality? 51 MITIGATION AND ADAPTATION Figure 1: Schematic illustration of the pathway to 80 per cent decarbonisation of UK road transport by 2050. TAKING DEMONSTRATION TO MARKET � INNOVATION ORIENTATED PROCUREMENT THE ROLE OF DEMONSTRATION PROJECTS LOW-CARBON TRANSPORT 52 PROCUREMENT IN ACTION: THE LOW CARBON VEHICLE PROCUREMENT PROGRAMME MARKET DEMONSTRATION IN ACTION � THE SMART ED TRIAL V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Authors TURNING VISION INTO REALITY Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G LOW-CARBON TRANSPORT 53 MITIGATION AND ADAPTATION Climate initiatives of the world's ports 54 GREENING TRANSPORT Ports around the world are tackling the climate issue by improving their port air quality and reducing CO2 emissions from port activities. Essential to their success are innovation, integration and partnership. Ports should be innovative in their technologies and approaches, and should develop well-integrated rather than single-targeted approaches. Meeting the challenges of climate change means all players within a port community, both public and private, must work together. Above all, the leadership of a port authority plays a critical role in this challenge. LIFE IN AN ERA OF GLOBALISATION IMPROVING PORT AIR QUALITY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION WORLD PORTS CLIMATE DECLARATION IAPH PORT CLEAN AIR PROGRAMME V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREENING TRANSPORT IAPH members unanimously resolved that world ports should have their own clean air programmes. 55 MITIGATION AND ADAPTATION PORT CLIMATE INITIATIVES IN PROGRESS IAPH COMMITTED TO CLIMATE ACTION Besides various measures to reduce CO2 emissions, the declaration urges ports to promote and enable the generation of renewable energy, such as wind, solar and geothermal energy. Author GREENING TRANSPORT 56 Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Climate change and tourism MITIGATION CHALLENGES AND PROPOSED RESPONSES FOR THE WORLD'S LARGEST INDUSTRY SETTING UP THE SCENE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TOURISM It is clear that the emission of greenhouse gases (GHG) and other substances from the tourism industry is making a significant contribution to climate change. The industry is responding to the problem in both its own actions and those of its consumers. But whilst technological advances can be made, consumer demand is higher than ever, and growing. What steps can the tourism industry take to ensure its impact is reduced and can it achieve carbon neutrality? 57 MITIGATION AND ADAPTATION 58 TOURISM Mitigation in the tourism industry can be realised through technological innovation and market mechanisms, but significant reduction in GHG emissions can only be achieved THE CHALLENGE OF MITIGATION through behavioural change. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION A framework for climate change mitigation in the tourism sector. In response to the growing awareness of consumers, the sector is looking more actively into exploring strategies for becoming carbon neutral. } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TOURISM 59 MITIGATION AND ADAPTATION } } } } } Authors } TOURISM 60 THE WAY FORWARD Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Sasakawa Prize ONE ACTION IS MORE POWERFUL THAT A HUNDRED DISCUSSIONS GETTING THE MESSAGE ACROSS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SASAKAWA PRIZE In the Japanese language, there is a famous quote; "One action is more powerful than a hundred discussions". This concept has been one of the driving forces of The Nippon Foundation's philanthropic activities, which stretch over a wide range of fields both in Japan and overseas. Even when taking into consideration the thousands of projects that The Nippon Foundation has engaged in over the years, the UNEP Sasakawa Prize has evolved into one of the most successful initiatives, illustrating how even a small amount of "action" can produce a ripple of change and development. 61 MITIGATION AND ADAPTATION USING THE GIFTS OF MOTHER NATURE HOME IS WHERE THE POWER IS 62 THE GRAND MAKEOVER SASAKAWA PRIZE In nine villages that had been supplied with hydroelectricity, 216 businesses had either been started or had grown. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION LEARNING THE FUN WAY SUNLIGHT NEVER FELT BETTER SAVING THE ENVIRONMENT THE ECONOMICAL WAY Author USING SUNLIGHT TO SAVE LIVES Organisation Enquiries OUR HOPES FOR THE FUTURE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SASAKAWA PRIZE 63 MITIGATION AND ADAPTATION Global legislators leading the way 64 There is now recognition that climate change is not just an environmental issue. It is an economic issue, a development issue, a finance issue and a security issue. In short, it straddles the traditional responsibilities of individual ministers and government agencies and so is an issue that demands the attention of leaders. Tony Blair, the former UK Prime Minister, showed tremendous vision to put climate change at the top of the G8 agenda for the first time in 2005 and, by inviting the so-called "+5" leaders of Brazil, China, India, Mexico and South Africa, he recognised that to successfully tackle rising greenhouse gas emissions (GHG), the countries that will represent the vast majority of Earth's citizens in 2050 needed to be in the room. LEGISLATORS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G LEGISLATORS It is the responsibility of governments to set the policy framework and create the necessary incentives that unleash the power of the market to deliver. 65 MITIGATION AND ADAPTATION Author The 2009 G8 Summit is a real opportunity for Italy to demonstrate international leadership. Organisation LEGISLATORS 66 Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Companies and leadership on climate change Caring for Climate � a UN business partnership of the Global Compact, UNEP and WBCSD V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CORPORATE LEADERSHIP COMPANY COMMITMENTS 67 MITIGATION AND ADAPTATION Figure 1: Overall effectiveness of company's climate change activities (unprompted, all signatories). POSITIVE PERFORMANCES 68 Figure 2: Performance* of own company (all signatories). CORPORATE LEADERSHIP Figure 3: Most important activities by climate leaders (unprompted. All signatories). V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION DEFINING LEADERSHIP } } A leader company provides solutions and leads by example; exercises social responsibility beyond reducing their own emissions; and demonstrates a sincere commitment to addressing climate change. } } } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CORPORATE LEADERSHIP } A leader engages with employees, suppliers, and customers, to educate and create awareness about climate change. 69 MITIGATION AND ADAPTATION Figure 4: Helpfulness of National Government Policies ("Helpful"*, all signatories). } } 70 } } CORPORATE LEADERSHIP LEADERSHIP IN EMERGING ECONOMIES } } Addressing climate change needs to become part of the brand `essence'. } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Figure 5: Recommendations to Governments finalising a post-Kyoto agreement (Unprompted. All signatories). EXPECTATIONS OF GOVERNMENTS Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CORPORATE LEADERSHIP 71 Author MITIGATION AND ADAPTATION Building a climate change solution 74 Green buildings aren't just better for the environment, they're also better for the bottom line and better for those who live and work in them. In the past decade the green building movement has grown exponentially, from a niche to the mainstream in many markets. But as the world confronts the challenge of climate change, and recognises that green buildings have a key role to play, a step change is needed. Now it's time for governments and policymakers to deliver because the next phase has nothing to do with technology, but everything to do with innovation in regulation and incentive schemes. BUILDINGS AND CLIMATE CHANGE GREEN BUILDING V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION MARKET TRANSFORMATION FOR NEW BUILDINGS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREEN BUILDING 75 MITIGATION AND ADAPTATION THE BUSINESS OF BUILDING 76 GREEN BUILDING No financial incentive for a developer to invest in energy efficiency. ACCOUNTING FOR GREEN BUILDINGS IN CARBON TRADING A PATHWAY FOR RAPID UNLOCKING OF LOW COST ABATEMENT V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION SUMMARY Author Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREEN BUILDING 77 Investing in sustainability THE ROLE OF NICKEL When can the expenditure of environmental resources to extract a finite resource be credibly characterised as an investment in sustainability? This article attempts to identify the sustainability challenges to which nickel, and the industry that produces it, are working on. But first, it's appropriate to explain why nickel is in demand in the first place, and why it has an important place in a sustainable future. 78 WHY THE INVESTMENT IS NEEDED THE NATURE OF THE INVESTMENT SPECIAL FEATURE MORE EFFICIENT BUILDINGS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MORE EFFICIENT ENERGY GENERATION INNOVATIVE SOLUTIONS MORE EFFICIENT TRANSPORTATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 79 IMPROVING THE RATE OF RETURN Author 80 SPECIAL FEATURE Organisation Enquiries @ @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION The entrepreneurial approach to climate change V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ENTREPRENEURS Most corporates publish reports or pages on their websites which have an environmental policy and a carbon reduction programme. Others may offset their emissions to be carbon neutral. So how does a business like Virgin, with its radical approach to business and its carbon intensive industries such as aviation, address the potential conflict between encouraging people to consume more products and services and climate change? And are there commercial opportunities to make the aim of finding solutions to climate change more appealing? I am an optimist. I believe it is possible that one day we will live enjoyable and healthy lives at the same time as using only the resources of a single planet whilst only emitting small amounts of carbon. 81 MITIGATION AND ADAPTATION CLIMATE CHANGE AND THE VIRGIN GROUP ENTREPRENEURS 82 ECONOMICS VERSUS NATURE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION We have committed US$100 million to the first Virgin Green Fund as the group's primary vehicle for alternative energy investment. WORKING WITH RAINFORESTS AND AVIATION 83 The problem with forests is that they are worth more dead than alive through the proceeds of logging, agriculture and grazing. We need to reverse this and persuade forest owners that they are worth more alive than dead. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ENTREPRENEURS MITIGATION AND ADAPTATION Author ENTREPRENEURS 84 Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Climate change adaptation OLD TECHNOLOGIES BUT NEW URGENCY The early impacts of climate change can already be seen across the globe. Despite global greenhouse gas mitigation efforts, many climate change impacts will be inevitable due to past emissions. We are all affected by climate change, but millions of communities in the poorest countries are being the hardest hit. Investments in environmental projects, such as restoring mangroves and reforesting slopes, could offer cost-effective solutions in helping the most vulnerable communities. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ADAPTATION INVESTMENT 85 NO CHOICE BETWEEN MITIGATION AND ADAPTATION MITIGATION AND ADAPTATION More and more countries have been quick to show commitment to climate adaptation but, to date, more in the form of words than on-the-ground action. ADAPTATION INVESTMENT 86 ADAPTATION � MORE TALK THAN ACTION ECOSYSTEMS � CLIMATE ADAPTATION AND MITIGATION V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Sustainable management and use of ecosystems as natural buffers is an effective `no regrets' approach to climate change adaptation due to the multiple social, economic and environmental benefits that natural systems can bring to vulnerable communities. } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ADAPTATION INVESTMENT 87 } MITIGATION AND ADAPTATION GROWING BUSINESS INTEREST IN ADAPTATION INVESTMENT More than 1,550 corporations disclose their carbon emissions, and even more make efforts to reduce and offset their emissions. Author ADAPTATION INVESTMENT 88 Organisation ADAPT AND MITIGATE Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Bioenergy towards a low-carbon future MEETING THE CHALLENGES OF ENERGY SECURITY, FOOD SECURITY AND SUSTAINABLE DEVELOPMENT HOW CAN BIOENERGY HELP? V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G BIOENERGY Bioenergy is a here-and-now option that could allow us to decarbonise the global economy before massive investments lock us into a trend of rising emissions. Biofuels have the potential to meet a substantial portion of our energy needs providing a series of challenges and barriers, in particular environmental protection and food security, can be overcome. On the horizon lies a global and sustainable biofuels commodity market that will shift the geography of international energy markets and challenge the petroleum economy. 89 MITIGATION AND ADAPTATION Figure 1: The reduction in GHG emissions from well to wheel through biofuel use in place of petroleum gasoline. THE CHALLENGES FOR BIOENERGY BIGGEST POTENTIAL IN THE TROPICS 90 Figure 2: Energy consumption per capita and bioenergy potential. BIOENERGY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MITIGATION AND ADAPTATION Figure 3: Biofuel cost ranges � present and future to 2030. BIOENERGY OPPORTUNITIES TRADE BARRIERS AND SUBSIDIES ENSURING FOOD SECURITY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G BIOENERGY 91 MITIGATION AND ADAPTATION BACKING FROM G8 HOW GBEP IS CONTRIBUTING Author 92 We underscore the importance of sustainable biofuel production and use" the G8's statement on climate change and the environment said. Organisation BIOENERGY Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Two needs and three-dimension challenge Energy is at the centre of world debate on climate change. After all, it is the main resource used worldwide, and is a common presence in the daily habits of people, industry and organisations alike. To generate or use these resources in a sustainable manner is one of the main prerequisites to mitigate the climate change that our planet is undergoing. At the same time, energy companies are called upon to deal with the two opposing needs: the reduction of greenhouse effects and the increasing demand of fuels for a variety of purposes. MANAGEMENT V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 93 SPECIAL FEATURE 94 OPERATIONS PRODUCTS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G CHALLENGES AND OPPORTUNITIES Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 95 TECHNOLOGY Energy & climate change LOOKING FOR SOLUTIONS ISEE and its partners believe there are a series of key challenges in the area of energy and climate change which must be addressed and are working towards finding solutions for these challenges via information exchange and the facilitation of dialogue between all actors. This article looks at a new partnership between major stakeholders in the field of energy and transport and their search for holistic solutions. } } OUR GLOBAL CHALLENGES } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ENERGY 97 TECHNOLOGY Figure 2: Hart World Oil Consumption Projections (mb/d). Figure 1: Delivered energy per sector. POSSIBLE SOLUTIONS 98 } } ENERGY Figure 3: Global emissions of CO2 from fossil fuels. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Figure 4: Major carbon stores and transfers. } } } } } CASE STUDY: LOW CARBON FUELS AS A CO2 REDUCTION SOLUTION } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ENERGY The challenge for today and tomorrow will be trying to meet this growing demand for oil with an energy supply that is sustainable and has the least environmental impact. 99 TECHNOLOGY PART OF THE SOLUTION Author 100 Organisation ENERGY Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Sustainability: THE IMPORTANCE OF BEING EARNEST "Our mission is to create and distribute value in the international energy market, to the benefit of our customers' needs, our shareholders' investment, the competitiveness of the countries in which we operate, and the expectations of all those who work with us. We serve the community, respecting the environment and the safety of individuals, with a commitment to creating a better world for future generations." V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE We are deeply engaged in achieving a sustainable future characterised by a high standard of environmental protection. 101 LISTENING TO THE ENVIRONMENT 102 SPECIAL FEATURE } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G } INVESTING IN THE FUTURE Present in 22 countries on four continents, Enel is in an ideal position to stimulate this process and thus make a further contribution to the global effort for sustainability. Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 103 TECHNOLOGY The future is now RENEWABLE ENERGY AND CLIMATE CHANGE 104 RENEWABLES We are seeing ever more obvious signals that climate change is affecting us, here and now. The science is certain. Certainty is now needed in the responses of policy-makers to the problem. The technology for renewable energy is already available. Wind power alone can more than satisfy the world's need for power. But mechanisms need to be put in place to ensure that the technology can be implemented � now. WHERE TO NOW? V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY RENEWABLE TAKE OFF We are entering the renewable energy age and investors have flocked to the sector. WIND IN THE LEAD 105 Figure 1: The soar in global cumulative installed capacity from wind energy. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G RENEWABLES TECHNOLOGY WHAT THE SCIENCE TELLS US 106 If we are going to have any chance of avoiding the worst ravages of climate change, then the one thing we must do is stop increasing greenhouse gas emissions. WHAT WE NEED IN COPENHAGEN RENEWABLES Figure 2: The current forecasts for increased output from wind energy look good. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Figure 3: The potential to reduce CO2 outputs in the future is enormous. Author Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G RENEWABLES 107 TECHNOLOGY Energy technology perspectives INSIGHTS FROM 2008 AND LOOKING TOWARDS 2009 108 Secure, reliable and affordable energy resources are fundamental to economic stability and growth. The erosion of energy security, rising energy costs, the threat of disruptive climate change, and the growing energy needs of the developing world all pose major challenges to energy decision makers. What visions of the future, that address these issues, are technically feasible and available? Where do we need to focus? Who needs to act and when? The G8 showed far-sightedness when it launched its programme to achieve a "clean, clever and competitive energy future" at its Gleneagles Summit in 2005, with a strong follow-up at the July 2008 G8 Summit in Hokkaido/Toyako. However, much more effort is needed. Long-term ambitions must be buttressed by concrete short- and medium-term targets and implementation. PERSPECTIVES V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Figure 1: Contribution of emissions reductions options in the BLUE Map Scenario of ETP 2008, between 2005 and 2050. ACT AND BLUE SCENARIOS AND THE ROLE OF ENERGY TECHNOLOGIES Figure 2: Annual investment in the electricity sector in the ACT Map and Blue Map scenarios, 2010-2050. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G PERSPECTIVES 109 TECHNOLOGY PERSPECTIVES 110 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Figure 3: Marginal abatement cost curve, 2050. THE FINANCING NEEDS FOR AN ENERGY REVOLUTION A ROLE FOR THE WORLD V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G PERSPECTIVES 111 TECHNOLOGY Table 1: ETP roadmaps. } } } } } } } } } } } } } } } } } Author NEXT STEPS 112 Organisation PERSPECTIVES We are not constrained by insufficient fossil fuels. We are constrained by the carbon tolerance of our atmosphere. Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY ICTs and climate change THE ITU PERSPECTIVE 116 It is estimated that ICTs (Information and Communication Technologies) contribute around 2 to 2.5 per cent of global greenhouse gas (GHG) emissions annually. These percentages are likely to grow as ICTs become more widely available. At the same time, ICTs can be a major linchpin in the effort to combat climate change and serve as a potent, cross-cutting tool to limit and ultimately reduce these emissions across economic and social sectors. Through the development of more energy efficient devices, applications and networks that are alternatives to today's waste sources such as transport and travel, as well as their environmentally sound disposal, ICTs can be an enabling technology to stabilise and reduce emissions in all sectors. ICTs ICTS AND CLIMATE CHANGE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Figure 1: Estimated distribution of global CO2 emissions from ICTs. } } } MITIGATION: ICTS AND CLEAN TECHNOLOGY } } } ICTs have been extensively used to reduce CO2 emissions caused by transport. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ICTs 117 When businesses calculate their carbon footprints, the key components are usually energy consumption and transportation. For multinational companies with offices around the world, the international travel component can be particularly high. Consider this � the average CO2 emissions for a person living in the UK is 8.8 tons per year. A single return flight between London and New York itself emits 1.4 tons of CO2. 16 per cent of an average annual total can be taken up in just a single relatively short intercontinental flight. For companies that have major sites across multiple continents, the environmental impact of their executives' business travel is even more dramatic. As such, for companies looking to reduce their carbon emissions, it becomes a priority to find alternatives to long-haul flights, and collaboration technologies have certainly gone some ways to enabling more effective group work. Audio conferencing, web conferencing, and instant messaging all help people work better together from their respective locations. the experience very positive and productive. Participants can focus fully on the discussion or work at hand rather than be distracted by any challenges with the technology � like delays, blurred visuals and dropped sound. They can also employ their whole body language to get their message across, and communication is so much more natural and as a result, effective. Tata Communications' complete portfolio of Telepresence network and managed services offers companies a reliable, highly secure and easy-touse facility. Tata Communications' global network ensure robust and optimum quality connectivity. The costs of implementation are lowered The arrival of telepresence technology takes collaboration across dispersed geographies to a whole new level. Telepresence is high-definition immersive conferencing with brilliant audio quality. "The people at the other end look life-sized, there's no delay or distortion in the sound of their voice and you really feel like you are speaking to them in person," says Peter Quinlan, Director of Managed Telepresence Services at Tata Communications. Fulfilling the potential of video conferencing, participants in a telepresence session see and hear their counterparts like they were in the same room, making Tata Communications is leading the field by offering a comprehensive managed Telepresence service and opening the first public Telepresence rooms to businesses across the world. This means that Tata Communications can provide turnkey Telepresence facilities to enterprises at their headquarters and other major locations. Then the public Telepresence rooms enable their smaller sites, partners, suppliers and customers to access this groundbreaking service � at an affordable, pay-per-use hourly rate. The more people are connected to Telepresence, the more valuable the service is to the company. by providing managed infrastructure in the Tata Communications network cloud. The Telepresence managed service includes a concierge service that takes care of reservations, scheduling, customer support, monitoring, management, reporting and billing capabilities, making it easy for customers to deploy and manage a highly effective collaboration tool. The public room offering creates a larger network of interconnected rooms and expands the Telepresence market to small and mid-sized businesses. Tata Communications has now opened six public rooms around the world � in India: Mumbai, Bangalore (two facilities) and Chennai; in Europe: London; and in the United States: Boston. They are currently located at Taj Hotels properties or at Confederation of Indian Industry (CII) offices. Tata Communications have plans to open additional rooms in Hyderabad, Gurgaon, and New York later this year, with a more extensive global rollout of 100 rooms planned to be deployed by 2009. Telepresence has enabled companies to cut down up to 30 per cent of their international travel because it is a truly viable alternative to faceto-face meetings. People who have experienced Telepresence leave the sessions energised with many ideas of additional ways to utilise the cutting edge technology. Aside from saving significant tons of CO2 emissions and costs from the reductions in international flights, there are the very considerable benefits of improving the quality of life of users by saving them the time and hassles of international travel. Peter Quinlan is the Director of Tata Communications' Managed Telepresence Services product management team and has been the main driver of our innovative and market-leading exchange-model strategy. Peter has dual Masters degrees in International Business and Asian Studies from the Red McCombs School of Business at the University of Texas at Austin. Tata Communications Limited is a leading global provider of the new world of communications. The Tata Communications' portfolio includes transmission, IP converged voice, , mobility, managed network connectivity, hosted data center and communications solutions to global enterprises and service providers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks. Tata Communications serves customers from its offices in 80 cities in 40 countries worldwide. Tata Communications is the first service provider in the world to launch public Telepresence rooms. Contact: Lee Ann Lim Phone: +1 703 999 1726 Email: firstname.lastname@example.org To experience Telepresence directly, readers can request a free demo at any of the Tata Communications public Telepresence rooms. For more details about these locations, a video tour, and other useful information, please visit: www.tatacommunications.com/ telepresence or email: telepresence @tatacommunications.com TECHNOLOGY MONITORING CLIMATE CHANGE Figure 2: Energy consumption per capita and bioenergy potential. ADAPTATION 120 } } } Another important way in which ICTs can respond to climate change is in the area of disaster prevention and relief. ICTs V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Author THE ITU COMMITMENT TO CLIMATE NEUTRALITY Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ICTs 121 Telecommunication contributes to a carbon-lean economy The Information and Communication Technology (ICT) sector is one of the most important to realising a low carbon economy. With a focus on solutions, ICT is a potential high-impact sector in the global fight to tackle climate change. Telecommunications is a significant part of the ICT sector and helps to maximise productivity while minimising carbon emissions. TELECOMMUNICATION DRIVES DEVELOPMENT OF SOCIETY 122 THE INFORMATION AND COMMUNICATIONS TECHNOLOGY SECTOR HELPS REDUCE GLOBAL CARBON EMISSIONS SPECIAL FEATURE INNOVATING ENERGY EFFICIENCY TO MIMINISE THE TELECOM SECTOR EMISSIONS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G Ericsson carbon footprint 2007. SUPPORTING SIGNIFICANT EMISSION REDUCTIONS IN OTHER SECTORS REDUCING THE CARBON FOOTPRINT PER MOBILE SUBSCRIBER Mobile Broadband in Australia INNOVATION AND TECHNOLOGY ARE KEY Automatic Metering in Italy Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 123 TECHNOLOGY Communicating global e-sustainability solutions The Global e-Sustainability Initiative (GeSI) is an international non-profit organisation dedicated to communicating how the ICT industry can address and provide solutions for environmental issues. Industry led, GeSI represents 26 members, including equipment manufacturers, network operators and service providers, as well as regional associations and several NGOs. GeSI www.gesi.org also has established partnerships with several business initiatives and sustainable development organisations. The GeSI community represents collaboration at its best. THE SMART 2020 REPORT E-SUSTAINABILITY 124 BACKGROUND AND ACTIVITIES The SMART 2020 report introduces a new way of thinking � for a smart future. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY A TACTICAL APPROACH � THE SUPPLY CHAIN V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G E-SUSTAINABILITY 125 TECHNOLOGY Author GeSI'S GOALS Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G E-SUSTAINABILITY Organisation 127 Better manage assets to cut carbon emissions 128 SPECIAL FEATURE Commercial and industrial businesses around the world are under pressure to cut energy usage and spending, go "green," and take measures to address climate change. The drivers for change come from many sources: consumers who place increasing value on good environmental stewardship and reflect it in their buying preferences; retailers who demand their suppliers embrace their own particular brand of green strategy; governments that globally mandate change; and investors who rightly demand to know the green credentials of the companies in which they are investing, and how those companies plan to reduce their energy spending. Yet many companies don't know what steps to take to reduce their carbon footprint or how to implement a sound energy management programme that also can help them cut costs. MEASURING AND MANAGING ENERGY USAGE AT THE ASSET LEVEL V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G } } } STRATEGIC MAINTENANCE CUTS ENERGY COSTS 129 Figure 1: Commercial and industrial (C&I) companies often spend over 80 per cent of their non-labour operating and maintenance budget on energy. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE THE ROLE OF TECHNOLOGY SPECIAL FEATURE 130 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G } } } } } } } } Organisation } Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SPECIAL FEATURE 131 Infor EAM Asset Sustainability Edition TECHNOLOGY Environmental information CHALLENGES FOR MONITORING, RESEARCH AND INFORMATION SYSTEMS 132 MONITORING In the recent past the scientific and international community's hard work to raise awareness about the reality of climate change has started to bear fruit. Many of the contributions to this publication last year focused on the apparent change in perception towards climate change, which today is seldom out of the headlines. Importantly, this sea change in attitude has led to the political realisation that action is needed, and not only for climate change mitigation, but also for adaptation. } } } KEY CLIMATE CHANGE TRENDS � THE GLOBAL AND EUROPEAN EXPERIENCE } } } } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY ADAPTATION CHALLENGES � WHAT CAN WE DO? ECOSYSTEMS AND BIODIVERSITY: IMPACTS AND ADAPTATION We are now acutely aware that climate change is happening and we can't completely avoid the effects. THE TRUE VALUE TO SOCIETY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MONITORING 133 TECHNOLOGY NEW WAYS OF USING ENVIRONMENTAL INFORMATION CHALLENGES FOR MONITORING, RESEARCH AND INFORMATION SYSTEMS 134 Even with enhanced efforts on timeliness, annual emission data can only be released about 1.5 years after the year in question. This means that A GLOBAL OBSERVATORY FOR we will not know until 2014 ENVIRONMENTAL CHANGE if we have met our Kyoto commitments in the period 2008 to 2012. MONITORING V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY BETTER INFORMATION AND RESPONSES KOPERNIKUS AND THE SHARED ENVIRONMENTAL INFORMATION SYSTEM (SEIS) 135 @ Author Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G MONITORING Information that is accessible, up to date and relevant, is the key to helping us all make better informed choices. France Telecom Group a key role in the fight against climate change helping our customers reduce their carbon footprint Communication solutions are now available that allow individuals and companies alike to reduce their energy consumption and greenhouse gas emissions. Telecommuting and collaborative working solutions are replacing business trips. As a global telecommunications operator, we have a key role to play in helping our customers reduce their carbon footprint. Benefits brought by ICT in other sectors of the economy are estimated to be five times higher than the footprint generated by the ICT sector. This is one of the main conclusions of a study undertaken by The Climate Group, reviewed by McKinsey, and released in June 2008. We provide solutions that can help our customers to fight greenhouse gas emissions by: - promoting collaborative work and reducing travel - optimizing vehicle fleet management - consolidating and virtualizing IT infrastructure - implementing paper-free workflows - developing remote personal services This approach is supported by a dedicated consulting practice, and we endeavour to improve continuously our competencies. In particular, we have started comprehensive studies in order to analyse more precisely the environmental impacts of our offers. Among others, we are currently evaluating the benefits of our Business Everywhere and Telepresence solutions. We are also part of the recently launched "Climate Change and ICTs" Focus Group that has been initiated by the International Telecommunications Union (ITU), a United Nations organisation, and contribute to the corresponding publications. Moreover, in order to standardize the way energy consumption of network equipment is measured, we recently launched an Energy Efficiency inter-operator group, together with 18 other telecom operators. we pratice what we preach Our activities generate limited amounts of greenhouse gases, linked mainly to energy consumption from telephone network infrastructures, buildings and also emissions from our vehicle fleet and business trips by our staff. We are determined, however, to contribute to the objective of combating climate change, which we see as a major environmental issue. In particular, we are supporting France's Factor 4 objectives aiming to cut greenhouse gas emissions by four by 2050 compared to 1990 levels. As far as we are concerned, we have set the target of reducing our greenhouse emissions per customer by 20 % in 2020, compared to 2006 levels. To reduce our own footprint, we rely on 3 major initiatives: collaborative work, datacenters and buildings. We use a complete set of collaboration and mobility solutions and promote teleworking when pertinent. As far as datacenters are concerned, we consolidate infrastructures, virtualize our servers and stocks, optimize ventilation and implement new air cooling system. We centralize building management systems and have built new headquarters in Poland and Belgium with high quality environmental standard. Our initiative and continuous efforts have led us to be the recipient of the Frost & Sullivan 2007 and 2008 Green Excellence Awards, respectively for "Product Innovation" and "Service Achievement". France Telecom Group in brief... Orange is the key brand of France Telecom, one of the world's leading telecommunications operators. France Telecom serves close to 174 million customers in five continents of which two thirds are Orange customers. The Group had consolidated sales of 52,9 billion euros in 2007. France Telecom is the number three mobile operator and the number one provider of broadband Internet services in Europe and one of the world leaders in providing telecommunication services to multinational companies. for more information www.orange.com TECHNOLOGY Nanotechnologies for environmental benefit REVERSING THE DAMAGE The continued development of nanotechnologies is leading to exciting developments with applications across the industrial world. But nanotechnologies provide more than just a technological solution to industrial problems. They can provide environmental solutions too. Here we look at the opportunities for nanotechnologies to help the developed world sustain its current high standards of living, and to enable developing countries to enjoy the same benefits, without compromising the planet for future generations. NANOTECHNOLOGIES 138 A NOVEL WAY TO HARNESS ENERGY FROM THE SUN V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY ENVIRONMENTALLY FRIENDLY SOLVENTS AND ANTI-CORROSION COATINGS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G NANOTECHNOLOGIES NEW WAYS TO EXTRACT POLLUTANTS 139 TECHNOLOGY The slow release mechanism of inhibitor-containing coatings to produce a protective passive film/diffusion barrier on the substrate. CONCLUSION 140 Author NANOTECHNOLOGIES Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY Greening air travel TOMORROW'S TECHNOLOGY FOR GREENER AIRCRAFT IS BEING DEVELOPED TODAY 142 GREENING TRANSPORT Clean Sky is a newly launched public/private partnership between industry, the research community and the European Commission. It is a bold research initiative to reduce aircraft fuel consumption, noise and greenhouse gas (GHG) emissions. If we are to meet our emissions targets, such technologies need to be developed now to ensure that the projected rise in air transport is offset by the next generation of more fuel efficient aircraft. The full-scale tests projected under the Clean Sky research programme will accelerate the arrival of these new technologies onto the market and into our skies. Clean Sky will pump investment of 1.6 billion into aeronautics research. WHY DOES EUROPE NEED `CLEAN SKY'? V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY TECHNOLOGICAL APPROACH The aircraft of the future will need to be green to succeed. Projected timescales for the delivery of the Clean Sky research programme. Flight tests are anticipated from 2013. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREENING TRANSPORT 143 TECHNOLOGY CLEAN SKY: SIX RESEARCH AREAS SMART Fixed Wing Aircraft project Green Regional Aircraft project GREENING TRANSPORT 144 Green Rotorcraft Integrated Technology Demonstration (ITD) Sustainable and Green Engines research Systems for Green Operations research Eco-Design ITD V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY INNOVATIVE STRUCTURE: PUBLIC AND PRIVATE SECTORS HAND IN HAND We stand a better chance to making a difference if we work together. This is the basic logic behind the Clean Sky programme. Author Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G GREENING TRANSPORT Organisation 145 TECHNOLOGY Carbon capture and storage PERMANENT CO2 SEQUESTRATION SEQUESTRATION 148 Despite all the efforts being made to develop renewable energy sources, worldwide use of coal is predicted to soar over the next few years. Increased emissions from this carbon intensive and hugely abundant fuel could cancel out all of the savings achieved elsewhere. Carbon Capture and Storage technology may provide a medium term solution � but at a price. Will the world's governments act now to support its introduction? THE COAL CHALLENGE HOW CARBON CAPTURE AND STORAGE TECHNOLOGY CAN CURB COAL EMISSIONS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G TECHNOLOGY IS CCS SAFE? NO `SILVER BULLET' V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G SEQUESTRATION 149 TECHNOLOGY WHAT EUROPE IS DOING THE FUTURE OF CCS CONCLUSION 150 SEQUESTRATION Author Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G NEW `GREEN' VISA CARD FOR BUSINESS CARDHOLDERS Visa Commercial Europe enters partnership with RePay International www.climacount.com Visa Europe has entered a new partnership agreement with RePay International to launch a new `green' Visa card to business cardholders in industry and Government across Europe. This follows the earlier launch of the world's first carbon neutral credit card � the Visa GreenCard - in the Netherlands which was successfully introduced into the consumer market in 2004. This new agreement means that Visa's 4,600 member banks across Europe are able to issue business Visa cards that offset carbon emissions as part of RePay's ClimaCount compensation programme. Under this programme, companies and Governments will be supporting sustainable projects. For example, every time a payment is made with the Visa card, the carbon emission of the product or service is established and the emission is offset through a project such as forestry or renewable energy. ClimaCount is supported by NGO Conservation International and the Dutch Applied Science institute TNO. The innovative payment card is a ready-made card concept which includes full technical back office infrastructure, meaning that member banks will not have to invest heavily in back office functionality. All business cardholders are able to access the website www.climacount.com to check their purchases, their carbon emissions per transaction and the way that the emission will be offset. Luc Janssen, Head of Visa Commercial, commented: Patrick Bunnik, CEO at RePay International, said: This agreement with Visa acknowledges the rapidly changing attitude towards "green" from a possible threat to a great business opportunity. This new development for the business market is one of the next steps in broadening our ClimaCount programme. RePay is fully committed and equipped to deliver our plug and play solution to Visa members all over Europe. " " " At Visa Europe, we're always striving to offer our members unique propositions that appeal to their business customers. This new partnership means that we can offer members a `green' payment capability across Europe that addresses the increasing demand for sustainable initiatives. It is also easy for member banks to get involved as they won't need to invest heavily in special back office functionality, as ClimaCount has that already in place. " FINANCE The need for a clever financial architecture as a key element of the global response to climate change 153 MARKERS FOR A LONG-TERM CLIMATE CHANGE DEAL V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL MECHANISMS All nations are affected by climate change and urgent steps are required both to mitigate its extent and to adapt to its effects, both now and in the future. What is needed is an equitable, sustainable financial mechanism to enable developing and developed nations to respond in a timely and effective way. The Kyoto Protocol and the United Nations Framework Convention on Climate Change are providing the mechanisms to enable this. But a strong financial architecture must be agreed to ensure all nations can act appropriately. FINANCE NEGOTIATING THE WORLD'S FUTURE FINANCIAL MECHANISMS 154 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Author Business representatives are crying out for clarity and for a level regulatory field. Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL MECHANISMS 155 FINANCE Spurring the financial industry on climate change 158 FINANCIAL INDUSTRY If you were asked what industries have a significant role in the climate change crisis, the answer may seem obvious: electric power companies, vehicle manufacturers and other businesses that generate the lion's share of global warming pollution. But think where the money to finance these companies comes from. The financial industry will be critical in creating the leverage required to move our world economy away from fossil fuels and into cleaner, low-carbon technologies. A PARADIGM SHIFT V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE KEY FINDINGS OF THE CERES REPORT } } } } } } SIGNS OF CHANGE 159 THE RESPONSE OF THE WORLD'S BIGGEST BANKS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL INDUSTRY FINANCE HOW CAN BANKS IMPROVE THEIR CLIMATE CHANGE PERFORMANCE? Author 160 BANKING FOR THE FUTURE FINANCIAL INDUSTRY Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Beyond cap and trade PUBLIC FINANCE IN INTERNATIONAL CLIMATE CHANGE POLICY V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G PUBLIC FINANCE In the global effort to curb greenhouse gas (GHG) emissions, market-based regulatory instruments are crucial to achieving reduction targets. At the same time, a growing consensus indicates the additional need for targeted public financing of sustainable energy projects to facilitate energy market transformation and secure emissions reductions otherwise unattainable by regulation. To maximise knowledge transfer and speed market transformation, public investors must collaborate internationally to navigate the uncertainties of this emerging field. Certain unique platforms, such as the United Nations Environment Programme (UNEP) Sustainable Energy Finance Initiative (SEFI) Public Finance Alliance, are already in place to facilitate international public finance coordination in this critical area. More emphasis on public finance is still needed, however, to achieve the ideal policy mix at the international level. 161 FINANCE Figure 1: Sustainable energy market failures and barriers. 162 Figure 2: The sustainable energy finance continuum. PUBLIC FINANCE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Figure 3: Cross-country comparison of carbon abatement costs by technology. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G PUBLIC FINANCE 163 FINANCE Authors 164 PUBLIC FINANCE Organisation Enquiries @ @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Sustainable opportunities POLICY AND INVESTMENT SOLUTIONS FOR CLIMATE CHANGE EUROPEAN UNION IS A LEADER IN CLIMATE POLICY ENVIRONMENTAL COSTS MUST BE INTERNALISED V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL RISK 165 Policies which create the overall conditions for greater sustainability are the correct response to the challenges of climate change. Politicians should provide the economy with framework parameters for environmental resources, and leave it to consumers, managers and investors to find the most efficient and innovative solutions for reducing carbon dioxide (CO 2) emissions within such framework. FINANCE Figure 1: EBIT impact on CO2 emission restrictions. STUDY THE ROAD AHEAD � WHEN DRIVING OR INVESTING STEER MARKET FORCES IN A SUSTAINABLE DIRECTION } } 166 } FINANCIAL RISK SUSTAINABILITY LEADERS CREATE ADDED VALUE FOR INVESTORS AND SOCIETY Successful companies anticipate sustainability trends V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Figure 2: Relative share price development (October 2003 � August 2008). Author INVESTORS BANK ON SUSTAINABILITY Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL RISK 167 FINANCE Policies for a lowcarbon world IT IS URGENT TO ACT CUTTING EMISSIONS MAKES ECONOMIC SENSE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ECONOMIC POLICY The world's climate is at a tipping point. To maintain a reasonable chance of avoiding catastrophic, irreversible damages to the world's climate, action now is essential. Delaying action will not only increase the probability of serious damage � much of which we have already bought into � but will also make mitigation and adaptation actions more expensive, will increase the risk of lock-in to high-carbon technologies, will lead to missed opportunities to replace much existing plant with new low-carbon alternatives and will further diminish the absorptive capacity of the world's carbon sinks, particularly its forests. 169 FINANCE Cutting emissions is compatible with economic growth, jobs, energy security and sustainable development. } 170 } } } ECONOMIC POLICY TO DRIVE ECONOMY-WIDE ACTION, CONSISTENT LONG-TERM GLOBAL POLICY IS NEEDED V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Author A lack of ambition now will make it harder to step up the pace later on. Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ECONOMIC POLICY 171 FINANCE Community Development Carbon Fund COMMITMENT TO THE POOREST COMMUNITY DEVELOPMENT The Community Development Carbon Fund (CDCF) is a multi-donor Trust Fund � a public-private partnership � administered by the World Bank's Carbon Finance Unit. Nine governments and 16 private firms participate in the CDCF, for a total capitalisation of US$128.6 million. This article describes the objectives, achievements and lessons learned by the CDCF through its many projects worldwide. The CDCF creates opportunities that could well be used by private entities, technical assistance initiatives to enhance the capacity of communities, and bundling agents in order to allow them to reap the benefits of the carbon markets. 172 CDCF projects are an opportunity for small communities in poorer countries to obtain clean water, improve health conditions and create jobs for women as much as they are an investment in clean technologies that help reduce greenhouse gas emissions and mitigate climate change. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE } } } } } } } } } } } } } CASE STUDY 2: MICRO-HYDRO IN NEPAL: EXPANDING THE ELECTRIC FRONTIER } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G COMMUNITY DEVELOPMENT CASE STUDY 1: THE KENGEN BUNDLE 173 FINANCE } } } } Author LESSONS LEARNED AND LOOKING FORWARD COMMUNITY DEVELOPMENT 174 Organisation Enquiries V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Insuring climate change and sustainability UNLEASHING INNOVATION AND INTELLIGENT PARTNERSHIPS In the 1970s, the American economist, Milton Friedman, coined the maxim, "The business of business is business." However, with all the environmental, social and governance (ESG) issues that have evolved over the years, it is clear that it is also the business of business to act responsibly. There is growing expectation from society on the responsibility of business in helping ensure a sustainable future. ADVENT OF SUSTAINABLE INSURANCE Sustainability boils down to commonsense. Sadly, commonsense seems to be wanting in the financial world. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G INSURANCE BUSINESS CASE FOR SUSTAINABLE FINANCE 175 FINANCE OPPORTUNITIES FOR INNOVATION INSURANCE 176 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE LEADING BY EXAMPLE The financial sector, compared to other industry sectors such as energy, oil and steel, has seemingly been underrepresented in climate negotiations of past years. 177 MAJOR INITIATIVES IN THE WORLDS OF FINANCE AND BUSINESS AN INTELLIGENT PUBLIC-PRIVATE INTERFACE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G INSURANCE FINANCE Author 178 Organisation INSURANCE INSURING A SUSTAINABLE FUTURE Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE Climate change and the dangers of undisclosed risk A WAKE-UP CALL FOR CORPORATE DIRECTORS If the financial market chaos last September didn't demonstrate the hazard of undisclosed risks � nothing will. Waiting until a crisis emerges, accepting specious financial statements and relying on management's assurances without asking the hard questions can wreak havoc on the long-term stability of a company. The same short-term thinking that led to the recent financial meltdown could leave whole industries � from insurance to agriculture � unprepared for the losses brought on by climate change for which there will be no planetary bailout. So what is a responsible corporate director to do? Climate Change is a topic that should be on the agenda of every board of directors. THE GUIDING ROLE OF THE CORPORATE DIRECTOR V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL RISK 179 FINANCE MANAGING RISKS � CAPTURING OPPORTUNITIES LITIGATION RISKS FINANCIAL RISK 180 IMPLEMENTING A CORPORATE CLIMATE STRATEGY: A FRAMEWORK FOR MANAGEMENT GAME CHANGING RULES V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCE @ Author CORPORATE GOVERNANCE AND CLIMATE CHANGE: A FRAMEWORK FOR THE BOARD Organisation Enquiries @ V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G FINANCIAL RISK 181 Steps... There are a number of steps that you can take to reduce your organisation's carbon footprint. This section of Climate Action is dedicated to these positive actions. Over the next 12 pages, you will see how it is possible to reduce your carbon footprint � and how, by doing so, you can reduce costs and increase profits. Some of the steps require little investment in time or money, while others require substantial time and capital. What they all require is a commitment to succeed. ACTIONS Shrink your carbon footprint now FOUR STEPS TO CHANGE YOUR BUSINESS CULTURE, NOT THE CLIMATE 184 ACTIONS In the year since the first publication of Climate Action, the science of climate change has continued to evolve, along with the political imperative to limit carbon emissions. The state of the world's financial system, however, has added a new complexity to the global warming challenge. This presents an additional challenge for business, which continues to be at the forefront of efforts to reduce climate change. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS "EVERYTHING CAN ALWAYS BE DONE BETTER THAN IT IS." Henry Ford 185 STEPS TO SHRINK YOUR CARBON FOOTPRINT Climate change is shaping global markets and global consumer attitudes. There will be winners and losers. Companies who seize the opportunities, who adopt strategic environmental, social and governance policies and who evolve, innovate and respond to these challenges are likely to be the pioneers and industry leaders of the 21st century. V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS ACTIONS 1 Assess MAKE A COMMITMENT, FORM A TEAM The simple act of asking for ideas can lead to innovative solutions. CONDUCT A CARBON AUDIT ACTIONS 186 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS CALCULATING THE FOOTPRINT } } } } } } } } } "WHAT GETS MEASURED, GETS DONE" 187 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS ACTIONS CALCULATING THE FOOTPRINT } } } } } } } } } "WHAT GETS MEASURED, GETS DONE" 187 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS ACTIONS 2 Plan Applying the spectrum of climate change action across the value chain. ACTIONS 188 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 3 Act GET ENERGY EFFICIENT Office Equipment and Appliances Buildings AIRBUS ENERGY EFFICIENCY SOARS } } } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 189 ACTIONS } } } Move Electrons, Not People Lighten Up 190 ACTIONS Enel has given away more than 17 million CFL bulbs in the past two years saving an estimated 700 million kWh/yr and 800 million tons of CO2. Money in the Tank } V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS JOHNSON CONTROLS FIRES UP TO REDUCE EMISSIONS SWITCH TO LOW-CARBON ENERGY Green Power Generate Your Own HP GETS SOLAR POWER WITHOUT COST V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 191 ACTIONS CLEANER FUELS AND VEHICLES B2B: Invest in Offsets and Cleaner Alternatives Modes 192 } } } } } ACTIONS IT'S THE BILL, NOT THE PRICE V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS Questions to ask while exploring voluntary carbon markets. GET ENERGY EFFICIENT V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 193 ACTIONS CONSIDER MARKETS FOR LOW-CARBON PRODUCT AND SERVICES SWISS RE SEES OPPORTUNITY ACTIONS 194 V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 4 Communicate REPORT RESULTS TEAM UP EDF COMMUNICATES TO GET RESULTS V I S I T : W W W. C L I M AT E A C T I O N P R O G R A M M E . O R G ACTIONS 195 Have you found the Climate Action publication useful? Do you think it could be improved? Your feedback enables us to provide the very best information on mitigating and adapting to climate change and positive steps organisations can take. Please take 5 minutes to complete our survey at: www.climateactionprogramme.org/survey To learn more about reducing your footprint visit: WWW.CLIMATEACTIONPROGRAMME.ORG