South Pole is proud to announce the first-ever CER issuance from a PoA in South-East Asia. Programs of Activities (PoAs) are bundles of similar projects to protect the climate.
South Pole’s Renewable Energy PoA in Thailand can accommodate six technologies under its umbrella, namely wind, solar PV, concentrated solar power (CSP), small hydro, biomass power and biogas based power generation. The PoA is growing steadily and so far it has included a solar PV and a biomass based power generation projects.
The Small-Scale Renewable Energy PoA in Thailand has successfully issued 12,783 CERs from its IFEC Solar PV plant.
This continued success demonstrates South Pole’s strength in not only designing PoAs but also successfully operating and managing the programs, and monetizing the carbon credits in the middle of a challenging market environment.
The complexity of PoA Registration and CPA Inclusion were the topics of the 3rd edition in the series of webinars co-organised and developed by South Pole Carbon and Perspectives within the PoA Information and Assistance Platform. Having first hand experience as the largest private Programme of Activities (PoA) developer worldwide, South Pole Carbon together with Perspectives answer the main questions:
How long does it take to register a PoA? What needs to be considered to assure a successful registration of the PoA? How to define eligibility criteria for successful inclusion of CPAs at a later stage? The main conclusions and recommendations include:
– Well defined eligibility criteria ease the subsequent inclusion
– Proper CME management system helps to streamline processes for inclusion and monitoring
– Multi technology/measure programmes can become complex
- Good understanding of CDM requirements helps to not get lost
Did you miss the webinar? Please listen to it or download the presentation here.
If you are at the beginning of your PoA journey, we recommend taking a close look to the Resources Library of the PoA Platform. Getting Started with PoAs, Financing PoAs and/or CPAs, CDM PoA Cycle and how to Operate & Manage a PoA are all well covered by the webinar series.
South Pole Carbon will continue the knowledge and best practice sharing sessions in the future. Operation and management of a PoA and Management of the MRV process of PoAs are topics for the two upcoming webinars.
How can Co-benefits (the direct positive outcomes associated with an offset project) be delivered alongside carbon-offset projects in Australia and how can they be priced into Australias Direct Action Plan? The Government’s Direct Action Plan is currently being built on the Carbon Farming Initiative (CFI) and includes an Emissions Reduction
Fund (ERF) to provide incentives for mitigation activities across the Australian economy.
A new paper by Netbalance Foundation, with an international steering group that includes South Pole’s Christian Dannecker, now looks at barriers to more widespread focus of mitigation projects in Australia on co-benefits. It concludes that more communication of the need for cobenefits, and the proof of the business case (balancing additional MRV cost with expected price premium) are essential for more widespread delivery of cobenefits in the Australian market.
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We are pleased to invite you to WOCAN’s COP19 Side Event, “W+: Ensuring Benefits to Women- Supporting Women’s Empowerment through Climate Mitigation Projects”, which will be held on Gender Day 19 November from 16:45 to 18:15 in room Torun in Warsaw, Poland. The speakers from Code REDD, South Pole Group and Wildlife Works Carbon will introduce key design features of W+ and how these are applied to two pilot projects that are under implementation. The session will be moderated by Jeannette Gurung, Executive Director, WOCAN, who will also provide an update on the progress of the W+ standard.
In most of the world, the contribution of women to creating environmental and social capital is neither adequately recognized nor compensated. While ongoing efforts to quantify and monetize the delivery of development benefits through results-based approaches have produced operational frameworks and led to the creation of environmental capital, i.e. in the form of carbon credits from climate mitigation activities, such frameworks currently do not specifically recognize the contributions of women.
WOCAN recognizes the beneficial discussion on “co-benefits” within the context of the Clean Development Mechanism (CDM), it has decided to go further and develop the W+ Standard to facilitate the quantification, monetization and transfer of social capital to women in relation to six women’s empowerment-related development domains: income and assets, time, health, education, leadership and food security. The W+ Standard is modeled on the procedures and methods of established carbon standards. It seeks to provide a trusted platform that allows development agencies, impact investors, organizations and companies interested in CSR to channel financial resources into projects that increase social capital created by women while providing assurance that results are real and quantified.
For more information please check: http://womenscarbon.org/wocan-cop19-side-event
South Pole is proud to announce the inclusion of the first of a series of CDM Project Activities (CPA) in Vietnam. South Pole and its local partner VNEEC run a so-called CDM Programme of Activities (PoA) for hydropower in Vietnam. Under UN rules, a PoA can include many small project activities of similar type, meaning that transaction costs can be saved compared to seeking UN approval for every individual project separately. In total, already 9 small hydro projects have been contracted in Vietnam and will join the PoA soon.
The project involves the construction of the Ea Sup 3 Hydropower plant in the hilly North of Viet Nam. The CPA’s installed capacity and estimated annual gross power generation is 6.4 MW and 24,540 MWh1, respectively.
The project will supply the local grid with a stable source of clean power, thereby enhancing local communities and business. Being a run-off-river project, no cultivated land was affected by the project, while the project brings positive social and environmental benefits to the rural population.
Find the full documentation here: https://cdm.unfccc.int/ProgrammeOfActivities/cpa_db/SME6TVZ5DH7N1XWYK2FR8J4B3OAILQ/view
Please contact our sales team if you wish to acquire carbon credits from this (and many more!) innovative project: firstname.lastname@example.org
South Pole hat zum ersten Mal die CO2-Bilanz eines Aktienfonds zertifiziert. Dabei konnte South Pole Carbon dem Steyler FuN – Aktien eine hervorragende Ökobilanz attestieren: Die Unternehmen, in die der Fonds investiert, verursachen fast vier Mal weniger CO2-Emissionen als die Unternehmen des deutschen Aktienindex DAX.
„Wir fordern seit Jahren Transparenz in den Geldanlagen. Jeder Anleger sollte wissen, was sein Investment bewirkt. Für uns ist das Prüfsiegel von South Pole Carbon ein erster, wichtiger Schritt in die Richtung. Wir wünschen uns, dass andere nun nachziehen“, hofft Norbert Wolf, Geschäftsführer der Steyler Bank, der sich freut, mit dem CO2-Ausstoss eine griffige Kennziffer zu haben, die Vergleiche möglich machen.
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The UNFCCC is in charge of running the Clean Development Mechanism, under which greenhouse gases (GHG) emission reductions from sustainable project are measured. This UN body approved its first calculation methodology in 2002. Now, after 11 years, South Pole for the first time received the approval for a methodology in the scope of construction.
The new approved methodology AMS.III.BH is the first methodology in sectoral scope 6 i.e. related to construction activities. The methodology quantifies the GHG emission reductions resulting from the displacement of GHG intensive construction material i.e. brick and cement mortar by gypsum concrete wall panels. The methodology has been developed for the client Rapid Building Systems Pty Ltd for their precast gypsum concrete wall panel product called Rapidwall.
Apart from the GHG emission reductions, the gypsum concrete wall panel also has other environmental and social benefits. The product helps in solid waste management through effective use of industrial waste such as phosphor-gypsum from fertiliser industries or flue gas desulfurization waste from coal-fired power plants. Rapidwall offers affordable housing solutions for the developing world that meet the highest construction standards using recycled material.
The development of such innovative methodologies once again demonstrates the dedication of the South Pole team to combat climate change with sustainable projects that deliver real, measured emission reductions.