Negotiating the Offset Jungle - How to choose an offset programme that's right

for you

by Paul Chiplen, Director of Sales & Marketing

CO2balance

Who are CO2balance

=Stoves

=Water

=Pilot

The carbon jungle….

1. Myths

2. What to look for

3. Why

4. The future - its not all about

the carbon

Source: http://www.celsias.com/

The carbon market

The carbon market• 87 MtCO2 in 2014

Dispelling the carbon myths

• Offsets are the easy way out from taking real action– Offset buyers slashed their direct emissions by almost 17%, while non-

buyers only reduced emissions by less than 5%.

– Companies that purchase offsets are 5 times more likely to internally price carbon.

– Offset buyers were more engaged in direct emission reduction activities compared to non-offset buyers

• Why can’t there be UK projects– We can afford it, it is not “additional”

– Renewable energy and forestry in UK go towards the Gov. carbon targets (Kyoto), claiming as a carbon credit would be double counting.

Dispelling the carbon myths

Dispelling the carbon myths

• Emission reductions are not real– Additionality is key to any carbon offset project

– Standard and annual (UN approved) external auditor and monitoring

– Each credit has a unique reference number

• Carbon neutrality practices are unregulated– ICROA Code of Best Practice

– PAS2060

What to look for…

• Standard

• External Auditor

• Methodology

• Location

• Level of carbon finance

• Additional impacts

What to look for…

Code compliantorganisation Externally

audited

Code of Best Practise

Only use “ICROAApproved” standards

carbon audit, reduction & offsetting services

Independent Advisory Board

Why choose this project?

• What impact do you want to achieve

• Supports your sustainable indicators

• Marketing / greening your supply chain

• Linking your carbon project with your company:

Going beyond carbon offsetting

Impact Projects

The African Improved Cook Stove

Your impacts – stove project

CARBON FOOTPRINT = 150 tCO2e

• No. of Stoves – 47

• No. families – 47

• Total people impact – 252

• Total children – 145

• Total elderly – 47

• Wood saved – 122 tonnes

• Working time saved – 393 days

• Total respiratory improved cases – 82

Environment

EconomicSocial

Check List

What Standard – is it ICROA approved?

Where is the project – ask yourself: does that country need support?

Percentage of carbon finance – would it have happened anyway

Where are the credits held – evidence & retirement

Who is the project developer – how far along the food chain…..

Additional – quantifiable – impacts

Does the project fit in with your company – either sector or overall ethos

Thank you for your time

Tel: 01823 332233

Email: paul.chiplen@co2balance.com

Web: www.co2balance.com

@co2balance