Advanced Brazilian Beehive Kiln - the Katoomba Group
Advanced Brazilian Beehive Kiln - the Katoomba Group Advanced Brazilian Beehive Kiln - the Katoomba Group
Formal Market Drivers• Kyoto Protocol :– OECD/EITs to reduce GHG emissions 5% below 1990 levels in2008 - 2012.– Quantity to be met through trade: about 500 million t- C/year(each of 5 yrs, 2008/12) requiring thousands of transactions– Value of global trade estimate: ~$5-10 billion/year• Flexibility Mechanisms:– Project-based: Joint Implementation (JI) between OECDcountries and EITs; Clean Development Mechanism (CDM)between industrialized and developing country Parties after 2000– Emissions trading including ‘Hot Air’ trading• Key decisions at COP6 II bis July, 2001, and beyond.
Informal Market Drivers onCorporate Behavior• Companies see the climate change politicalprocess is real– Industrial countries are slowly -- but inexorably --moving towards substantial policies to reduce overallgreenhouse gas emissions (Nordics, UK, EU)– Ultimately the Kyoto Protocol implies a massivereallocation of assets– Shift will impact internal investment decision makingand external valuation (BP-Amoco, Southern Pacific)• Developing and projecting an efficientgreenhouse response has become an issue of7corporate strategic competitiveness
- Page 1: Katoomba Working Group IIINEW MARKE
- Page 5 and 6: • Does CDM create a new “sovere
- Page 7 and 8: Engaging the Private Sector• Priv
- Page 9 and 10: Need for Intermediationfor Small pr
- Page 11 and 12: Carbon Market ObservationsValue of
- Page 13 and 14: Results of Poor Land Management in
- Page 15 and 16: Carbon price scenarios and its pote
- Page 17 and 18: Clean Development MechanismOpportun
- Page 20 and 21: Features of the PCF• Portfolio or
- Page 22 and 23: Governments: (6)Participants($145 m
- Page 24 and 25: Current PCF Portfolio andFocus• p
- Page 26 and 27: PCF In Brazil• Letter of intent t
- Page 29 and 30: Improved Brazilian Brick Kiln: < 2m
- Page 31 and 32: Annexes
- Page 33 and 34: Impact of lack of transferability
- Page 35 and 36: Host Country CommitteeMembersJoined
- Page 37 and 38: Convention Objectives and Developme
Informal Market Drivers onCorporate Behavior• Companies see <strong>the</strong> climate change politicalprocess is real– Industrial countries are slowly -- but inexorably --moving towards substantial policies to reduce overallgreenhouse gas emissions (Nordics, UK, EU)– Ultimately <strong>the</strong> Kyoto Protocol implies a massivereallocation of assets– Shift will impact internal investment decision makingand external valuation (BP-Amoco, Sou<strong>the</strong>rn Pacific)• Developing and projecting an efficientgreenhouse response has become an issue of7corporate strategic competitiveness
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