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Climate Focus has acquired special expertise in the energy, buildings, waste and land-use sectors. We have conducted a numerous relevant international assignments helping public and private clients and partners assess the emission reduction potential of investments or policies.
Promoting renewable energy is at the core of any country’s low-carbon development strategy. Over the last decade, the carbon market has helped finance countless wind, solar, biomass and other projects. Given the diverse range of activities and volume of GHG emissions from energy, the potential for further emission reduction projects is tremendous, but appropriate regulatory and financial incentives are critical.
Forestry and land use offers one of the largest single cost-effective ways to reduce emissions in the next century. These sectors account emit about 14% of the world’s greenhouse gas emissions, mostly from conversion and degradation of tropical forests. Reducing these will be critical to any international climate agreement that stabilizes the climate, and enables developing countries to adapt to more extreme weather in the future.
Carbon finance is a powerful incentive to improve the treatment of waste methane globally. As organic waste decomposes, it produces methane, a potent greenhouse gas with 21 times the warming potential of carbon dioxide. Although existing technologies to capture, flare and even use methane from landfills are available and comparatively cheap, most developing countries do not regulate methane emissions or lack the incentive mechanisms to promote relevant technologies.
Buildings are a major and rapidly growing source of greenhouse gas emissions directly linked to decisions in our daily lives: how we power our homes and office directly affects how much greenhouse gases we emit. As much as one third of global greenhouse gas emissions can be traced to the sector. Yet, today, the building sector is largely missing from the carbon market due to a scarcity of methodologies, undefined baselines, poor access to capital, and unequal benefit sharing. There is vast potential to adopt better building and energy efficiency measures, and employ renewable energy sources to inexpensively lower emissions with strong social benefits.
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