Session 3: Climate Change, Business and Corporate Social Responsibility: Issues and Challenges

CourseInstructor: Er.Ashwani Kumar,

Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9

Emerging Business Environment

Urgent action for mitigation and adaptation Carbon constrained Pressure for National Commitments, Policies and Action Plan Provisions for Incentives for GHG reduction Competiveness at Risk New regulations, incentives Ne reg lations incenti es or stringent standards Demand driven by consumer behavior/preferences in favor or against the carbon intensive products. Best Technology innovation at lower cost. Cost/price of carbon Uncertainties were coming down till Cancun (post 2012 ?)

CourseInstructor: Er.Ashwani Kumar,
Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9

Reasonable targets and timelines Regulatory certainty Protection from early action Consistency in trading markets.

Business Opportunities
Why Climate c a ge important? y C ate change po ta t
Entrepreneurship/ opportunities Risk management and Good corporate social responsibilities

Key identified opportunities

Knowledge and Services based Energy efficiency improvement New technology, processes and practices Kyoto Mechanisms and regulations Emissions t ad g oppo tu t es ss o s trading opportunities

% of Business
CourseInstructor: Er.Ashwani Kumar,
Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9

Business Opportunities
1. Knowledge and Services based g
Understanding of Complex linkages between Climate change and a particular business makes it essential to call for expert knowledge and services due to variety of reasons: Emerging/ Nascent stage of issues
Domestic and international rules still under development New and complex terminology Complex concepts models and projections/predictions concepts,

Monitoring, Reporting and Verification (M-R-V)

Comprehensive GHG reporting standards Highly Technical information on Emissions g y External independent verification is desired

Foresight
Hidden potential opportunities Emerging International Greenhouse Gas Market Beyond the core competence strengths

Risks
Significant costs of failures

New qualified consultants/experts to move into this area and upskill or experienced organisations to diversify and sell their learning by doing experiences.

Business Opportunities Knowledge and Services : Categories g g

Strategic Climate Change Services:
Intellectual property, services or products regarding ruminant emissions Strategic advice on climate change issues A competitive edge b providing climate change i f ii d by idi li h information i Market research
Climate Change Project Offices (UK) UNDP Solution Exchange Emissions Biodiversity Exchange

Emissions inventory services:

To corporate, government and individuals: Develop, compile, manage and review corporate Develop compile Services to develop or maintain national or regional inventory registers

M-R-V Services:
Field services to monitor corporate inventory emissions (auditing) Verification/auditing of emission inventories and/or reductions.

Project development services:

Consultant Project design and development Low carbon technology evaluations Techno-economic feasibility

Financial S i Fi i l Services:
Carbon investment funds Financial instruments Brokering services to participate in GHG/Emission/Carbon markets

Business Opportunities 2. Energy Efficiency gy y

Business processes modifications/ Re-engineering Operational efficiency and cost effective strategy formulation Pay back evaluations (lower operating costs within a short period) Building Services: HVAC (Heating Ventilation and Air Conditioning) Energy Audits New buildings design (Green and Energy efficient buildings) Energy Saving Certificates (savings from lighting and office equipment) Building revitalizing ( g g (eliminating or reducing the size of building services g g g equipment) Key barriers:
Tenancy issues D T i Developer and users are diff l d different t Capital Investment Management Priority Low priority

Business Opportunities 3. 3 New technology and practices

Local agricultural/bio-tech services industry for increasing ruminant efficiency Biomass Energy
Heating, Electricity generation through co-generation (combined heat and

power) Transport fuels ethanol

Renewable energy generation Manufacturing technologies Other research commercialization Technologys Efficiency

Business Opportunities 4. Kyoto mechanisms

International carbon market/Carbon trading
International Emissions Trading (IET) - Assigned Amount Units (AAUs) Joint Implementation ( ) - Emission Reduction Units (ERUs). p (JI) ( ) Clean Development Mechanism (CDM) Certified emission reductions (CERs)

Renewable technology projects

wind, wind small hydro, solar PV solar direct landfill gas geothermal refuse derived fuels hydro PV, direct, gas, geothermal, and biomass technology

Carbon sinks facilitation

Equipment supply i th areas of f E i t l in the f forestry t land management.

CDM infrastructure
Carbon offset CCS

Sustainable energy and energy efficiency projects

CourseInstructor: Er.Ashwani Kumar,
Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9

Business Opportunities
5. Improved Trading Opportunities p g pp New energy products Environmentally friendly products and services services. Clean green image branding Climate friendly branding

CourseInstructor: Er.Ashwani Kumar,

Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9

Opportunities in Organization and Industries Milestones to Climate Neutral Business

1.

Climate knowledge
(science, assessment, monitoring and early warning )

2. 3. 4. 5. 5 6. 7. 8. 9.

Synergizing with global, national and regional environment Public awareness raising Emissions Inventory Financing mitigation and adaptation action plan Technology transfer Capacity building Emissions Reduction Towards the Climate-neutral Systems

Thanks!

CourseInstructor: Er.Ashwani Kumar,

Asstt.Prof. FacultyofPlanning,CEPT,Ahmedabad 9