You are on page 1of 146

2011 3

rd
Green Investment and
Low Carbon Economy Workshop
Taipei, June 2011
Date : 2011/ 06 / 22 (Wed.)
Time : 08:30 - 17:00 (GMT +08:00)
Location :Taipei Howard International House
South Pole Carbon Asset Management Ltd.
taiwan@southpolecarbon.com
www.southpolecarbon.com
1
If you were not here the last 2 years
2
2
Thanks god.
3
You are here today.
3
rd
Annual Conference on
Green Investment Linking and Low Carbon Economy
Taipei, June 2011
Jules Chuang
Principal East Asia
South Pole Carbon Asset Management Ltd.
3
Contents
Concept behind the scene
Our esteemed speakers
Our deliverables today
5
And if you need or would like to invest in carbon credits
In-House emission reduction
Carbon credits from markets
And..
6
4
New kind of asset
7
South Pole carbon asset
development services
Traditional Carbon Asset Management services offered Pioneering Green Asset Management services offered
Project
development
by owner
Project registration CER issuance
Feasibility
analysis
Financial
closure
Concept
Construc-
tion
Operation
Project
8
CDM
development
Monitor-
ing and
verifica-
tion
docu-
menta-
tion
(PDD)
Host
country
approval
(DNA)
UNFCCC
regis-
tration
Valida-
tion
(DOE)
Initial
scope
(PIN)
Issuance
of CERs
5
Introduction to Green Investment
Waste
Handling
Hydro Wind
Energy
efficiency
Oil well gas
recovery
Afforestation
and
reforestation
Solar Waste
gas/heat
recovery
Agriculture:
biomass and
biogas
Contents
Concept behind the scene
Our esteemed speakers
Our deliverables today
10
6
A basket of expertises
11
Contents
Concept behind the scene
Our esteemed speakers
Our deliverables today
12
7
New concepts and experiences sharing
Big pictures internationally and domestically (Dr.
Liang/Dr. Huang/Mr. St. Maur Sheil)
New technology application (Mr. Gursch and Mr. Chan)
Challenges (Mr. Chang)
What happens next door (Mr Wang)
13
What happens next door (Mr. Wang)
How we can help further (Ms. Wong)
Enjoy our conference!
14
8
Challenging topics to take home
Border carbon tax for export-oriented industries
Limited domestic carbon supply for heavy emitters
Unclear game plan locally vs. fast-changing international
markets
L i b d i l i b d i thi f th itti
15
Learning by doing vs. learning by doing nothing for the sitting-
and-watching (heard of ISO 14064-1/2, carbon footprint,GS,
VCS?)
Always at your service
16
2011/6/27
1


2011
1



100622

2
2011/6/27
2

1 Intergovernmental 1. Intergovernmental
Panel on Climate Change (IPCC)20074
6

2.
205023
70%
3
70%
3. 22020%
30%

1132

4. NASACO
2

2050
6
5. 20058
300.5 30 0.5

75%
20

6. 1.2
0.74

4

()

2009

2011/6/27
3
7 7.

8 IPCC2050
5
8. IPCC2050
2

2010

2011/6/27
4

() ()
1
200799.32%
61.4
(69.3)2
7
99.32
97.8
95.9
92.3
89.6
85.7
90
84 83
82
85.7
100
120
%
/ ()/
70.3
30
27.7
9.2
56
64
30
20.3
8.4
20
40
60
80
8
0

1 (2007)
U. S. International Energy Agency
2011/6/27
5
69.3
61.4
58.9
56.2
55.3
54.5 54.4 54.1
52.1
49.9
49
50
60
70
80
%
0
10
20
30
40
50

9

2 (2007)
U. S. International Energy Agency
()

2009

30.45%51.82
108.72
8.620.353

198282 58%2009
10
198282.58%2009
82.27()
17.4217.73
2011/6/27
6
51.8
64.1
60
70
%

+
++
18.4
30.4
8.6
4
8.7
12
0 3 1 4
10
20
30
40
50
11
0.3 1.4
0.1
0
0
1
9
8
2
1
9
8
4
1
9
8
6
1
9
8
8
1
9
9
0
1
9
9
2
1
9
9
4
1
9
9
6
1
9
9
8
2
0
0
0
2
0
0
2
2
0
0
4
2
0
0
6
2
0
0
8
3 (1982-2009)

():
200978

1. (4)
2.
3.
0 3%
12
4. 0.3%
5.
637km
2

6.
2011/6/27
7
13.13
12.29
10
12
14
4.69
3.35
3.06
2.87
1.49 1.46
0.63
0
2
4
6
8
13
0

4
982009

()
1. (5)
2.

()
1.

2
14
2.

3.

2011/6/27
8

()
1. 2007CO
2
2.76
91.4%CO
2
0.95
2
22CO
2
11.6616
2. 4.81
2.6

3.
(GDP)
15
(GDP)
4. 5
36%21
93%170%6
180
194
206
214
265
200
250
300
toe/millionGDP(PPP)
120
132
149
155
161
0
50
100
150

16
5 2007
U. S. International Energy Agency, OECD, KEY WORLD ENERGY
STATISTICS, 2008.
2011/6/27
9
toe/millionGDP(PPP)
250
270
320 320
250
300
350
100
140
160
170
190
210
0
50
100
150
200
250

17

6 2007
U. S. International Energy Agency, OECD, KEY WORLD
ENERGY STATISTICS, 2008.
()
1. 2008IEA1990-2006CO
2
33.42
()1.8%(
)98.93
2. 137.38GDP70%
CO
2

3. ()
1999-20064%
CO
2
4.25%
CO
2

18
CO
2

4. 2008CO
2
4%
20095%CO
2
(2008
0.12%2009-1.87%)
2011/6/27
10
CO
2
(%) GDP(%)

(CO
2
/GDP)
1990-1999 6.77 6.58 1.03
1999-2006 4.25 3.81 1.12

1. CO
2

200910
19
2. GDP
2000-2006
137.38
120
140
160
CO
2

(%)

98.93
1 8
20
40
60
80
100
120
20
1.8
0
7 1999-2006CO
2

U. S. International Energy Agency, OECD, KEY WORLD


ENERGY STATISTICS, 2008
2011/6/27
11

200865
:
1 20162020 1. 20162020
2008
20202005
2. 20252000
3. 20502000
21
4. 822015
200520

()
1.
1)
(
) )
2)

c
d
e
22
e
f
g

h
i
2011/6/27
12
2)

c
d

3)

23

4) ()
2.
1)2008520

15%25%

GDP/(
/)
(%)
()
2 20072008
% %
30%
2007
5.8%
15%
2)
200712
2007 106.8 0.5
I 111.9 1.7
II 103.64 2.5
III 102.3 -1
IV 110.04 -0.4
2008 109.78 2.8
I 109.15 -2.4
24
(
)2008
7.2
(2)
II 103.50 -0.002
III 108.53 6.08
IV 119.51 8.6

2011/6/27
13
3)

3.
(3)
1)

2) 200710150
25
2) 200710150
1990
35%

3 ()
2007.10() 2008.05 2010.09

20 1 20 7 13583 0 21 9 22 6 14082 6 20 0 20 5 15859 6 20.1 20.7 13583.0 21.9 22.6 14082.6 20.0 20.5 15859.6
23.9 24.1 16890.0 29.1 29.8 23762.0 23.1 25.0 16032.0
23.9 25.9 16423.0 29.0 51.9 21602.0 20.6 22.3 16818.0
29.6 29.8 - 36.1 41.1 - 27.3 27.6 -

25.8 26.6 16656.0 31.4 41.0 22682.0 21.8 25.0 16425.0


26

25.8 26.6 16656.0 31.4 41.0 22682.0 21.8 25.0 16425.0

-5.7 -5.9 -3073.4 -9.6 -18.3 -8599.4 -1.9 -4.5 -565.4


2011/6/27
14
()()
1.

2.
1) 95
27
98
2) (:
)()
3) :
c
d

e
f
g

h
28
h
i
j
2011/6/27
15
z

z
z
1.
2. 99%
()

29

3. GDP10%GDP

GDP
4.


(1)
25%

-0.59% -12.2
25%(2020)

(2)

+1.64% +34.0
(3)
=(1)+(2)
+1.05% +21.8
Liang-Jorgenson
30
()(
)2020
GDP 1.0521.8

2011/6/27
16
()
1.
1)
2) :

2.
1)

31
(VER)
2)

3. ()

1)

2)

3)
4)
32
2011/6/27
17
1. IPCC2030

CO2/
()
33
IPCC, Climate Change 2007:Synthesis Report, November 2007.

CO2
2030CO
2

CO2
CO2/

34
McKinsey & Company, Inc., 2009

LED

2011/6/27
18
2.

3.
1)
2)
3)

4)
5)
6) LED
35
7)

8)
9)
10)
()
1.
2.

3. 3G(Green BuildingGreen Energy


Green Transportation)3R(Reduce
RecycleReuse)
()
36
1.


2011/6/27
19
2.
1)
2)
3) )
4)
5)

6)
7)
37

()
1.

2. 0.63
CO
2
21.2
1.2
3. 11-13
(2.65)10
38
( )
1)

2)

2011/6/27
20
4.

1)
2020
12512 12512
150203000

2) 3000

39
5. 5.

6.

()
1. 20082025
1) 2025
c250 c250
d252
e200
f140
g20
h15
40
h15
i20
2) 20096.7
202511.8
: 299816
2011/6/27
21
2. 11.8%
3%20%

3.

4. :
1)
2)
3)
0 3%
41
0.3%
4)
5)
()
1. 8
2. LED

1) 20081,600
2) 2015LED
911,5802,00011

42
3.


2011/6/27
22

2015

()

1.20081,603
2015
11,580
2.2,000

LED

()

3. 11

1.

2.

43
8
2009


10%

1 14 1. 14
2007LED
(45)
2.
25%
17%2025
44
17%2025
2011/6/27
23


:US$M

4 2007


:US$M

5 2007
13,476 66.6%

353 92.9%
IC 6,951 44.4%
IC 3,119 63.0%
(>)
IC 10,970 23.9%(e)
DRAM 7,015 22.4%
WLAN(NIC) 156,888 88.4%
OLED 193 33.1%

3,604 20.9%
45
(>)

29,827 46.4%
TN / STN

1,555 36.9%
LED 1068 16%
IC 1,945 26.36%
(including
system shipment)
178.7 2.4%

: (ITIS)-
5.

1) CCS
2020

2) AMI

6.
(R & D)
46
(R & D)

2011/6/27
24
()
1.
20091228
2
9 9

(20091228)

(14)

47

9
2.
1) 20091230

11
8
2) :
c
d
48
e
f
(10)
2011/6/27
25
49
10

1. 10OECD


2.

3.
1) 1)
c
d
50
d

e
f

g
h
2011/6/27
26
2) 2)

c
d
e

f
g
51
h LED
i
j
4.

6.7%202511.8%
5.
(R & D)

52

2011/6/27
27


53

UNEP WMO
z IPCC: Intergovernmental Panel
on Climate Change (1988 )
Scientific, technical & socio-economic assessment
z UN Framework Convention on

UNFCCC
Assessment
C ti
IPCC
UNEP WMO
z UN Framework Convention on
Climate Change (UNFCCC) (1992)
COP: Conference of Parties (1995)
z Kyoto Protocol (1997
2005)
()20082012
19905%
54
Convention
Kyoto
Protocol
Protocol

z BaliBali Action Plan (2007)


Agreement on a timeline and structured
negotiation on the post 2012 framework was
achieved
2011/6/27
28
200912(Copenhagen Accord)
z 20101312020
(Qualified Economy-Wide Emissions Targets
for 2020))
z 2010131
(Nationally Appropriate
Mitigation Actions, NAMAs)
(Measurable, Reportable and Verifiable, MRV)

z 2010
55
z 2010
201230020201000
z REDD-plus(Reducing Emissions from Deforestation
and Forest Degradation)

TThe UNFCCC: timeline he UNFCCC: timeline


1
2
0
0
7
:

I
P
C
1
9
9
7
1
9
9
2
:

C
o
2
0
2
0
1
1
2
0
0
P
o
l
i
t
i
c
a
l

2
0
1
2
0
1
0
:

C
1
9
7
9
:

F
i
r
s
t

c
l
i
m
a
t
e

c
o
n
C
C

4
t
h

A
s
s
e
s
s
m
e
n
t

B
a
l
i

R
7
:

K
y
o
t
o

P
r
o
t
o
c
o
l


A
o
n
v
e
n
t
i
o
n

e
n
t
e
r
s

i
n
2
0
0
1
:

M
a
r
r
a
k
e
s
h

A
0
0
5
:

K
y
o
t
o

P
r
o
t
o
c
o
l
i
n
t
1
:

C
O
P

1
7

i
n

S
o
u
t
h
0
8
:

K
y
o
t
o

f
i
r
s
t

c
o
m
m
p
e
r
i
o
2
0
0
9
:

C
o
p
e
n
h
a
g
e
n
A
g
r
e
e
m
e
n
t

f
o
r

F
u
t
u
1
2
:

K
y
o
t
o

f
i
r
s
t

c
o
m
p
e
r
i
o
d

e
x
p
i
r
e
s
C
O
P

1
6

i
n

C
a
n
c
u
n
,
56
c
h
a
n
g
e

n
f
e
r
e
n
c
e
R
e
p
o
r
t
;

R
o
a
d
m
a
p
A
d
o
p
t
e
d
t
o

f
o
r
c
e
A
c
c
o
r
d
s
l

e
n
t
e
r
s

t
o

f
o
r
c
e
h

A
f
r
i
c
a

m
i
t
m
e
n
t

o
d

s
t
a
r
t
s
n

A
c
c
o
r
d
r
e

W
o
r
k
m
i
t
m
e
n
t

s
,

M
e
x
i
c
o

2011/6/27
29
z (BAU)
2020CO
2
467
2020CO
2

z 2020CO
2
2005
(257)2020CO
2

21045%
z
57
z
30%16% IPCC
15-30%
30%
1

Taiwan Business Council for Sustainable Development


:106390106
(02) 27058859 (02) 27060688
http://www.bcsd.org.tw E-mail: bcsd.roc@msa.hinet.net
BCSD-Taiwan
(WBCSD)
(Niven Huang)
June 2011
Perspectives of Local Industries
on Low Carbon Innovation
?
Why the plan to build a Kuokuang
Petrochemical Technology plant in Changhua Petrochemical Technology plant in Changhua
County is no more?
(2011/04/22)
2
Who dominate future global
climate policy framework?
Who
is in charge of the development in a low carbon way?
Strategy 2020 for the turbulent teens
3
Taiwan needs Taiwan needs
Political Leadership
F l b For a low carbon
& green economy
Innovation
with more imagination
4
(CLEAN ENERGY TRENDS 2011, Clean Edge, Inc.)
(CLEAN ENERGY TRENDS 2011, Clean Edge, Inc.)
I th Cl d d l ? Is the Cloud green and clean?
5
Facebook's Coal Problem
and the Greening of the Cloud
Facebook: one of the world's most visited website
The cloud is growing fast. Data centers currently
May 09, 2011
g g y
consume 1.5-2% of all global electricity and are
growing at a rate of 12%/year (Greenpeace).
Green IT: energy efficiency, clean electricity, and
green data centers
6

NEC Makes Cashew-Based


Bioplastic for Electronics (2011)
Dell, the first technology company to Ship
Servers in Mushroom-Based Packaging. Servers in Mushroom Based Packaging.
Mushrooms for heavier items like servers or
desktop computers, and bamboo for laptops
and phones. (2011)
The 10,000 Box is made of
100 percent FSC-certified and p
recycled material, printed
with water-based inks, and
are designed to require
minimal tape and to last for
multiple uses. (2010/10)
7
2020

8
12%
2030
12%

9
The green power race is on
But they should be GREEN
10
Leading 15 PV companies in 2009
: 5
: 3
: 3
: 2
: 1
19 Source: Renewables 2010 Global Status Report
: 1
: 1
Green Score Among Top 10 PV Makers
The Silicon Valley Toxics
Coalition's (SVTC) Solar
d
SolarWorld, Germany - 91
Trina Solar, China 89 ()
Abound Solar, U.S. - 87
Scorecard
2
nd
year
15 PV manufacturing
companies, including six of
the 10 with the largest market
share responded to the
First Solar, U.S. - 87
REC Solar - 87
SunPower, U.S. - 85
Solon, Germany - 84
Sovello, Germany - 83
Calyxo, Germany - 82
Yingli Solar, China 72 (
)
share, responded to the
organization's survey for the
scorecard
)
SoloPower, U.S. - 71
Motech Industries, Taiwan 70
()
AXITEC, Germany - 64
Fluitecnik Group, Spain - 61
Eurener, Spain - 60
(2001/4/13)
11
Home Market Transformation
If you want to win:
T f h k b ild Transform your home market to build
domestic demand and competences
Global Market Development
2000 2010 CAGR
Solar 2.5 BUSD 71.2 BUSD 40 %
Wind 4.5 BUSD 60.5 BUSD 30%
Miracle of Taiwan
What is Taiwans position: Manufacturers only?
99.4% of energy is dependant on imports (2009)
12
Oil Biomass Gas Coal Nuclear Renewables

Primary Energy
Liquids

Final Energy
Energy
E
n
e
r
g
y
E
n
e
r
g
y

b
Emission Factor is A Key
How About
Taiwans competitiveness in a world
which is to
limit and reduce global warming pollution g g p
by putting a price on carbon
13

6 6
14

2006
2006(CO2e/)
() 0.7883087
0.612 (2010)
0 5360586 0.5360586
0.504733
0.464337
0.418346
0.416424
0.403629
0.403512
0.394315
0.349794
0.341339
0.241592
0.084953
0.047966
0.025723
0.006867
2010-2011

(State of Green Business 2011)

15
Predicted Grid Parity of PV
US$/ watt
8
Cost of the
PV system
Cost down caused by the technology improvement and mass production
Grid parity may also affected by the local sun lighting and retail electricity
prices
4
5
6
7
Italy
California, USA
Germany, Japan,
Spain
France
Taiwan
29
2009 2010 2011 2012 2014 2016 2018 2020 2022 2024 2026
1
2
3 Hawaii,
USA
Australia
UK
Source: (IEK, 2010), modified from the prediction of NEDO
Price Carbon?
Need to price Power, Oil,
and Water correctly!
16
China to launch emissions trading in six regions
China will launch pilot emissions trading
schemes in six areas before 2013 and set
up a nationwide trading platform by 2015
The pilot schemes will be
deployed in cities of Beijing,
Chongqing, Shanghai, Tianjin
and the provinces of Hubei and
Guangdong.
China has pledged to reduce its
carbon intensity by 40-45% by
the end of 2020, against a 2005 the end of 2020, against a 2005
benchmark.
To meet the target, China plans
to cut energy intensity by 16%
and carbon intensity by 17%
over the 2011-15 period.
(2011/4/12)
Climate Laws Gain Currency in 16 Major World
Economies (2011/4/27)
Taiwan
SMART ?
SOLUTION PROVIDER?
in a Low Carbon Economy
17
Technological Solutions for Future
Those solutions range from telework programs
for large numbers of employees to smart for large numbers of employees to smart
buildings to dematerialization of physical
goods in favor of digital products.
The scores for each country are based on 15
criteria, ranging from the use of
telecommunications in lieu of physical travel to
incorporating smart grid or smart buildings
solutions in the national infrastructure.
Global e-Sustainability Initiative (GeSI, 2011/5/24)
IT for Sustainability
Rank Country Total Score
1 J 85 1 Japan 85
2 Denmark 65
3 Germany 65
4 Ireland 59
5 European Union 55
6 Netherlands 55 6 Netherlands 55
7 Australia 53
8 Finland 53
9 Romania 53
10 India 44
18
Pot ent i al di rect
ICT t oday about 2%of gl obal emi ssi ons
ICT: An Oppor t uni t y t o Tackl e Cl i mat e Change
2002 2007 2020
0. 5
0. 8
1. 4
An Oppor t uni t y f or Tr emendous
Pot ent i al di rect
t el ecom equi pment
energy savi ngs by 2020
0. 5
G
t
o
n
s

C
O
2
Zero Growt h Li ne
Potential Indirect Application
Examples
Smart Utilities
-7. 8
An Oppor t uni t y f or Tr emendous
Impact on Remai ni ng 98%
Source: GeSI SMART 2020: Enabl i ng t he Low Car bon Economy i n t he Inf or mat i on Age
Smart Transport
Smart Buildings
ICT can enabl e a 15%
reduct i on i n gl obal
emi ssi ons by 2020
19
Contribution to carbon reduction by others
How companies are addressing the 2% (their own emissions)
and the 98% (the contributions to reductions in society): from
the latest Gartner WWF study
ICT
http://www.gartner.com/DisplayDocument?id=1456140&ref=g_fromdoc
20
2050
40
21
Disclosure Trends
Since 2000
Sustainability Report Sustainability Report
GRI G3, Since 2000-2006
Water Disclosure
Since 2010
41
Plastic Disclosure
Project
1st survey: 2011
Clinton Global Initiative +
CDP
ESG disclosure
Environment, Society
and Governance
Bill Gates Conclusions at 2010 TED
If I have one wish for the next 50 years, it would
be energy at half the cost of todays energy with
b i i zero carbon emissions.
Then I look at the political elements that should
Conclusions at Climate Solutions'
2011 Breakfast
Then I look at the political elements that should
be in place -- for example, pricing carbon, R&D.
When I despair why we're not moving forward,
I have to think we are not being creative
enough.
22
Climate Governance Matters
Get your CEO and top management on board!
Climate Capitalism
The First Principle of Natural Capitalism
the best guides a company can use as it embraces
s stainabilit in its o n operations sustainability in its own operations
the first principle is to buy time by using all resources as
efficiently as possible
the best example of the success of efficiency is GE's use
of the Ecomagination campaign to regain the company's
status as an innovation leader
i d i i f $ Even in a down economy, Ecomagination revenues rose from $5
billion in 2005 to over $25 billion in 2010.
It enabled GE to cut its emissions by 22 percent in 2009
compared to its initial goal of 1 percent in 2004.
By 2015 GE reckons to cut the energy intensity of its operations
by 50 percent.
23
CEO of GE, Jeffrey Immelt, confirmed that
Climate Capitalism is good for the bottom line
Efficiency buys time, but unless that time is
used to redesign how businesses are run and
how products are made and delivered, no
amount of efficiency will solve the climate crisis
or enable us to create a truly sustainable
economy.
The second principle of Natural Capitalism:
redesign how we make and deliver all products
and services using approaches such as cradle-to-
cradle concepts, Biomimicry (), the
circular economy, Design for the Environment,
and others.
The third principle of Natural Capitalism:
Achieving a truly sustainable economy will g y y
also mean managing institutions so they
are not just efficient and innovative, but
also restorative of human and natural
capital.
Excerpted from "Climate Capitalism: Capitalism in the Age of Climate Change,"
by L. Hunter Lovins and Boyd Cohen, published in April 2011 by Hill and Wang, a
division of Farrar, Straus and Giroux, LLC. Copyright 2011 by L. Hunter
Lovins and Boyd Cohen. All rights reserved.
GreenBiz.com (April 11, 2011)
24
Thank You Thank You
www.bcsd.org.tw
www.wbcsd.orgg
1

Eur opean Ex per i ences on Gr een


I nv est ment
A sust ainable building & const ruct ion indust ry-
t he key t o a low carbon fut ure
Sout h Pole Carbon Asset Management Lt d.
2011 3rd Annual Green I nvest ment and Low Carbon Economy Workshop
Taipei, June 22, 2011
Andreas Gursch
Co- Chairman, Energy & Environment Commit t ee, ECCT
Board Member, Clean Product ion & Regional Development
Foundat ion ( CPRD)
Cl ean t ech dr i ver s
Pr ot ect i on of t he env i r onment
( env i r onment al degr adat i on, r esour ce
consumpt i on & cl i mat e change) p g )
Ener gy secur i t y
Secur i t y of commodi t i es ( w at er , f ood, r ar e
met al s, oi l )
I nt er nal i sat i on of ex t er nal cost s of
2
envi r onment al damages
Gl obal popul at i on i ncr ease
2
EU i s pi oneer i ng t hi s dev el opment
Most gr ow t h dr i v en by gov er nment pol i cy
and l egi sl at i on
Cl ear t ar get s of EU f or cl ean ener gy
gener at i on, t r anspor t , housi ngw ast e
management
Nex t 20 y ear s w i l l w i t ness economi c
t r ansf or mat i on l ast seen at t he I T
r ev ol ut i on
3
Focus i ndust r i es
Ener gy
Tr anspor t
Wat er
Wast e
Real est at e & const r uct i on
4
3
Bui l di ng economi cs & ecol ogy
Bui l di ng & const r uct i on i ndust r i es ar e
pi l l ar s of t he gl obal economy p g y
100 mi l l i on j obs w or l dw i de
5 t o 15% of nat i onal GDP
30- 40% of ener gy and ener gy f l ow s
5
gy gy
15% of t he w or l d s f r eshw at er
25% of i t s w ood har v est
Mai n assumpt i ons
We w ay w e pl an, bui l d and oper at e
bui l di ngs i s dr amat i cal l y changi ng
Br oad appl i cat i on of new t echnol ogi es
st ar t i ng
Cer t i f i cat i on, st andar ds & l egi sl at i on cr eat e
mar k et f or ener gy ef f i ci ent bui l di ngs
Suppor t ed by cent r al & l ocal gover nment s
6
pp y g
i n dev el oped and dev el opi ng count r i es
Asi a & Chi na ar e adopt i ng ener gy ef f i ci ency
measur es i n bui l di ng desi gn and r et r of i t
4
Tr adi t i onal ( cl i mat e consci ous) bui l di ngs
Tundr a/
Tai ga
Cont i nent al
Coast al
Ar ct i c
Subt r opi c
7
Medi t er r anean
Tr opi cs
St eppe
Sav anna
Deser t
Pict ure source: Winfried Heusler
SCHUECO
I nsul at i on coul d sav e 40% i n Eur ope
8
5
Ener gy w ast i ng bui l di ngs
9
( f or mer ) East - Ger man r esi dent i al bui l di ng
Examples of low energy public buildings Examples of low energy public buildings
10
Design Operation
6
Location Location
Ener gy ef f i ci ent bui l di ngs need...
Building Envelope Building Envelope
Building Services Building Services
11
Pict ure source: Thomas Wilken
I nst it ut for building services and energy design | TU Braunschweig
Component s of ener gy ef f i ci ent bui l di ngs
12
7
I nnovat i ve bui l di ng mat er i al s
I nsul at i on
13
Pict ure source: Klaus Luig
3L archit ect s and engineers
Nat ur al l i ght i ng
14
Pict ure source: Guent her Loehnert
Solidar, Berlin Germany
8
Passi ve cool i ng, w at er cool i ng
15
Pict ure source: Klaus Luig
3L archit ect s and engineers
Passi ve cool i ng desi gn
16
Pict ure source: Guent her Loehnert
Solidar, Berlin Germany
9
Ai r - t i ght ness t est
measurement
17
8 Blower Door
instruments
max. 64.000 m/h
result
n50 = 0,6 h-1
Pict ure source: Thomas Wilken
I nst it ut for building services and energy design | TU Braunschweig
Comput er si mul at i on becomi ng st andar d
18
Pict ure source: Thomas Schwede
Energy Asia
10
Post t ow er , Bonn, Ger many
Owner: Owner:
Deutsche Post, Bonn
Year of construction:
2002
Total square:
107.000 m
19
Architect:
Murphy/Jahn,
Chicago (USA)
Energy design:
Transsolar, Stuttgart
Pict ure source: Thomas Wilken
I nst it ut for building services and energy design | TU Braunschweig
Facade - pr i nci pl e
Pr i mar y f acade
Secondar y f acade
Openi ngs
20
Vent i l at i on space
Vent i l at i on devi ce
Pict ure source: Thomas Wilken
I nst it ut for building services and energy design | TU Braunschweig
11
Geot her mal heat i ng & cool i ng
double skin
facade
wind as operator
f t l til ti
summer w i nt er
concrete core
activation
heating
decentralized
ventilation and
heating
concrete core
activation
cooling
decentralized
ventilation and
cooling
for natural ventilation
noise prevention
window ventilation
21
WP
ground water
WP heat pump/ cooling machine
district heating
FW
ground water
WP heat pump/ cooling machine
district heating
FW
Pict ure source: Thomas Wilken
I nst it ut for building services and energy design | TU Braunschweig
Energy Saving Measures for Taiwans Built Environment
Andreas Gursch
Project Leader, ECCT Energy Conservation Project Steering Committee
ECCT SPECIAL LUNCHEON
12
Parameters include:
Comput er si mul at i on ex ampl e
Roof insulation
Facade/window
insulation
Air handlers
Pumps
Lighting controls
Building automation
technologies
Ventilation
Gl i i it
23
Glass emissivity
Wall-Window- Rat io ( W. W. R. ) = 30%
Source: Nat ional Taipei Universit y of Technology, Dept . of Energy and Refrigerat ing and Air Condit ioning
Ener gy si mul at i on ov er 12- mont h per i od
24
Source: Nat ional Taipei Universit y of Technology, Dept . of Energy and Refrigerat ing and Air Condit ioning
13
Mor e t han 30% of ener gy sav i ngs
25
Source: Nat ional Taipei Universit y of Technology, Dept . of Energy and Refrigerat ing and Air Condit ioning
Ener gy consumpt i on 1977- now
26
Pict ure source:
DENA
14
Pol i t i cal t ool s
27
Requi r ement s f or bui l di ng env el ops
28
15
Requi r ement s f or heat i ng
29
Ener gy savi ng or di nance
30
16
Requi r ement s f or component s
31
Bui l di ng passpor t
32
Pict ure source:
DENA
17
Al l bui l di ng can be r et r o- f i t t ed
33
Fr om ener gy w ast e t o ener gy ef f i ci ency
34
18
Renovat i on ex ampl es
35
Pict ure source:
DENA
The i mpact on t he r el evant i ndust r i es
36
27/ 06/ 2011 Foot er
Foundat i on of Schco
1951, Por t a West f al i ca
19
37
27/ 06/ 2011 Foot er Pa
Fi r st t r ade show
1957, Hannover
War mf assade und
Fenst er mi t Schco
Pr oSol TF
Non- vent i l at ed
f aade and
w i ndow s w i t h
Schco Pr oSol TF
38
27/ 06/ 2011 Foot er Pa
20
Schco Al umi ni um
Wi ndow Sy st ems
Schco AWS 75.SI
39
27/ 06/ 2011 Foot er Pa
Savi ng ener gy
40
27/ 06/ 2011 Foot er Pa
I sot her menver l auf
AWS 75.SI
21
Gener at i ng ener gy
41
27/ 06/ 2011 Foot er Pa
Schco f aade modul e Pr oSol
TF
Schco Al umi ni um
Door Sy st ems
Schco ADS 90 PL.SI
42
27/ 06/ 2011 Foot er Pa
22
Ther esi e
Ger w er be- I ndust r i ebaut en, Mnchen, KSP Engel und Zi mmer mann
43
27/ 06/ 2011 Foot er
Gao Yang Gal l er
Shanghai
44
27/ 06/ 2011 Foot er
23
Shanghai Tobacco
Shanghai
45
27/ 06/ 2011 Foot er Pa
Rose Tow er
Hot el , Dubai , Khat i b & Al ab
46
27/ 06/ 2011 Foot er
24
The Schco Ener gy Net w or k
Energy is generat ed where it is needed
47
BI PV 50kWp indust rial facade
I ndust r i al appl i cat i ons
48
Pict ure source: Klaus Luig
3L archit ect s and engineers
25
Why Chi na mat t er s
By 2020 hal f of t he w or l ds bui l di ngs and const r uct i on
pr oj ect s w i l l be i n Chi na
Ur bani zat i on r at e t oday at 43 % ( 70% i n dev el oped y ( p
count r i es)
15 mi l l i on new ur ban r esi dent s per y ear
100 new ci t i es needed i n t he nex t decade
Ur ban Chi na w i l l gr ow f r om now 500 mi l l i on t o 800
mi l l i on by 2020
49
Al r eady t oday Shanghai f eat ur es doubl e t he amount of
sk y scr aper s t han New Yor k ( > 4000)
Less t han 3 % of bui l di ng consi der ed ener gy ef f i ci ent ,
per m2 consumpt i on 3 t i mes t hat of dev el oped count r i es
Bui l di ng passpor t Chi na
Chi na i nt r oduced bui l di ng ener gy
l abel i ng sy st em i n 2008
50
l abel i ng sy st em i n 2008
Dr i ve aw ar eness among end- user s
Ser ve as a mar k et i ng t ool t o mar k et
ener gy ef f i ci ent bui l di ngs
Pict ure source: MOHURD
Minist ry of Housing, Urban- Rural Development , China
26
Bui l di ngs of f er hi ghest pot ent i al t o r educe
CO
2
emi ssi ons
51
Pict ure source: The Kyot o Prot ocol
UNEP/ SBCI report
Thank You f or y our k i nd
at t ent i on
Andy
Andreas Gursch
0932574732
52
agursch@gmail. com
David St Maur Sheil
CEO
Financial Ecology Network
Green Investment in Asia
Trends, Challenge and Opportunity
OHHNwxBV
June 8
th
, 2011
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Why Green Investment? ||||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Why Green Investment? ||||||||||
What we are saying is
that there are a lot of
people making a lot of
money in corporate
activity within this
theme.
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Why Green Investment? ||||||||||
Lowering
Operating Costs
Picking the "low
hanging fruit"
including more
energy efficient
manufacturing
plants, property
and equipment
Generating Higher
Gross Margins
End users willing
to pay premium
prices for
differentiated, low
or zero emission
products and
services
Optimizing
Regulatory
Opportunities Opportunities
In addition to
maximizing
profitability from
improved
operating margins,
firms which invest
in low-carbon
solutions could be
eligible for tax
credits
Enhancing
Reputation and
Customer Loyalty Customer Loyalty
Developing low
carbon products is
evidence of a
company's
technological
prowess and that
low carbon
products and
services are the
standard of the
future economy
Asias climate change opportunity has
multiple angles
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Challenge and opportunity ||||||||||
This Presentation:
Trends, Challenges and Opportunities of green investment
globally, in Asia, in Taiwan
1. Energy Sector
2. Water
3. Cross-sectoral insights
4. Investment trends
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Green Infrastructure |||||||||||||||||
$15.8 trillion
infrastructure
spending to
2030 in Asia
Sources (December 2007):
1 Stern, 2 New Energy Finance, 3 Clean Energy Trends 2008, 4 PointCarbon
Investments in clean energy
in 2007
2
Global market for biofuels
in 2007
3
Markets for low-carbon energy
products by 2050
1
Worldwide Solar industry revenues
by 2017
3
Fuel cells and Hydrogen market
by 2015
3
Global Carbon Market
by end of 2008
4
HSBC - Our Perception of the Financial
Opportunity wM@M
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| China Energy Trends |||||||||||||||||
11.4 percent of Chinas energy to come from non-fossil-fuel
energy sources by 2015
coal shrink from 80% (2007) to 74% 2035
climate intensity target by 2015
17% reduction of carbon on 2010 levels per unit of energy
16% less energy per $ of GDP than 2010
Eyes on China as a global and
regional leader on green investment
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| National Competitiveness |||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Energy Matrix |||||||||||||||||||||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Geothermal, Indonesia |||||||||||||||||||
Indonesia plans 9.5gigawatts of capacity
by 2025.
About 33percent of Indonesia's electricity
demand, according to Bloomberg New
Energy Finance.
Chevron, General Electric and India's Tata
Corp. are leading an investment boom in
Indonesia that may climb to more than
$30billion
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Malaysia Biodiesel Mandate ||||||||||||||
Malysian Government
legislates that all diesel
includes minimum 5% bio-
diesel.
Commits $14.3 million to
finance blending facilities
2011 Financial Ecology Network Ltd. All rights Reserved.
India: Wind Energy Firm Caparo raises
$78.5M from IDFC
Supportive regulatory
framework
A capacity of around 100
MW and has three projects
in Rajasthan, Gujarat and
Maharashtra.
Mezzanine Funding
2011 Financial Ecology Network Ltd. All rights Reserved.
India: Water shortage has impact on power
plants performance
NTPC
TATA Power
Reliance
Infrastructure
Three largest power
generation companies
are located in water
scarce or stressed
areas
2011 Financial Ecology Network Ltd. All rights Reserved.
Thailand: ADB Finance First Large-Scale Private Sector
Solar Power Project
$ 70 million for
the construction
of a 55 megawatt
peak(MWp) solar
generation plant
in central thailand
(73 MWp gross
capacity)
Thin-Film
photovoltaic
technology
Green bond under
ADBs Carbon
Market Initiative.
2011 Financial Ecology Network Ltd. All rights Reserved.
||| Samsung Discussion of Opportunities ||
Samsung Electronics plans to promote the CDM business
regarding the reduction of the process gases such as PFC &
SF6 from facilities of semiconductor and LCD. - If the CDM
business initiates, we expect securing CER (certified emission
reduction) of 2 millions CO2 and
new income of 20 billion Korean Won from it every year
from 2011.
Expanding demands for Renewable Energy (Solar Cell)
Expanding Markets for high energy efficient products and
parts
From Samsung Electronics CDP Response, 2009
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Regional Challenges |||||||||||
Access to capital:
Large-scale funding is made by headquarter in US and EU. Lack direct
understand of local needs.
Difficult to get commercial loan for green technology (S. Asia)
Important to engage with impacted communities and the NGO (China)
Green funds reputation for losing money challenge to build interest
(Indonesia)
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Google Clean-tech Fund |||||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Water & Climate Change |||||||||||
|||| Water Infrastructure Investment ||
Drinking Water
USD8 billion per year for drinking-water
investment in Asia 2011 2020
ADB Review April 2011
China 12
th
5 Year Plan
USD600 billion over 10 years in Water
Infrastructure
Water shortage of 40 billion tons a year
Water and Carbon Investment tops
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Water Risk & Opportunity ||||||||||
What is the Key?
How can water be turned from a risk/
liability
Into an
Opportunity/Asset ?
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Water Solutions ||||||||||||||||||||||||
Where in the value-chain are the
investment opportunities?
Distribution
Supply
Treatment
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Climate Change Sectors ||||||||||
Industries of the Future? FM?
Clean energy
Advanced trains
LED lighting
Smart electric metering
Smart grids
Biotechnology
2
nd
Gen Biofuels
Green property
Health
Education
Financing the Shift to a Green Economy
Carbon trading
Bank lending
Green bonds
Institutional investors
Private equity
Insurance
Consumers
Government
Losing momentum since COP
Growing but regulatory restrictions
Gaining traction
Growing pots of pension money
Struggling in China
Investing in climate change business
Consumer awareness shapes spending
Prioritizing climate friendly infrastructure/
sectors. procurement
|||||| Financing ||||||||||||||||||||||||||||||||||
|||||| Financing ||||||||||||||||||||||||||||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Challenge and opportunity ||||||||||
Green Bonds
Funding
Infrastructure
Projects
2011 Financial Ecology Network Ltd. All rights Reserved.
Fund Managers AUM Description
Robeco TEDA
Sustainable Private
Equity Fund (/:
|"(|
|.)
Robeco TEDA
(Tianjin) Investment
Management
RMB4bn JV between Robeco and Tianjin Economic -
Technological Development Area
N/A because its
corporate project
Goldwind Science
and Technology Co
(Goldwind)
IFC considering
investing US$50m
into a US$1.1bn
corporate project
Proceeds to build and upgrade manufacturing facilities,
and develop new products. Estimated IFC board
meeting: 9 Sep 2010 to approve
China Environment
Fund (CEF) III (
MO III)
Tsing Capital CEF III up to US
$250m
entire CEF
series: US$3bn
CEF III duration: 10-year closed-end private; equity and
equity-linked investments in resource efficiency and
environmental sustainability sectors in China
ZheShang Nuohai
Low Carbon Fund
()
ZheShang Venture
Capital
RMB220m All 27 partners = private enterprise owners; Energy
conversation, environmental protection and new energy
industries; fund duration < 7 years; Key exit: listing on
HKs Growth Enterprise Market; Est March 10
name to be
determined
ZheShang Venture
Capital / Hangzhou
municipality
RMB5bn Fund-raising expected in 2011. Focused on low
efficiency problems faced by current funding
China Clean Energy
Private Fund (
NMNM
wO)
Nature Elements
Capital
up to US$400m Clean energy, energy conversation and environmental
protection enterprises
Sustainable PE in China HMMwNMO
2011 Financial Ecology Network Ltd. All rights Reserved.
Fund Managers AUM Description ESG opportunity
TPG China
Partners I
TPG Capital /
Shanghai
municipal
government
and the
Pudong New
Area
government
RMB5bn
(fundraisin
g starting
in next two
quarters)
Yuan-denominated; medium- and
large-sized Chinese companies,
particularly those in financial services,
consumer, retail, healthcare
Engage companies to develop and
maintain an internal environmental
and social performance system
Carlyle
Beijing RMB
Fund
Carlyle Asia
Partners /
Beijing State-
owned Capital
Operation and
Management
Center
RMB2.4bn Yuan-denominated; closed July 2010;
large growth companies
Help prepare soon-to-be listed
companies to include strong sections
on environmental, social and
corporate governance risks and
opportunities in the IPO prospectus
Blackstone
Zhonghua
Development
Investment
Fund
Blackstone
Group
RMB5bn Yuan-denominated; investments in
Shanghai as well as neighboring
areas in the Yangtze River Delta
Water pollution in the Yangtze basin;
promote integrated water resource
management
Opportunity for new RMB-denominated funds
to help grow sustainable businesses or not
2011 Financial Ecology Network Ltd. All rights Reserved.
|||||| Green Banking Around the Region ||||
China ICBC - Green Credit is a major driver guiding the
transformation of the bank's business strategy.
As of June 2009, loan balance of RMB 400 billion to
support green enterprise
Indonesia Bank Indonesia and the Environment Ministry formulating
a set of regulations so that banks can take a wider
financing role in green projects. Due-diligence focused.
Philippines Development Bank of Philippines active green loan policy.
Commercial banks more CSR focused
Thailand TMB sets up business unit to fund rural bio-gas projects
Government policy ensures a price for clean energy
Finance the
business in
which you
excel
Insight into
the
environments
in which you
operate
Access to the
Networks with
which you
engage
|||||| Integration ||||||||||||||||||||||||||||||
2011 Financial Ecology Network Ltd. All rights Reserved.
This presentation has been prepared by Financial Ecology Network for the benefit and internal
use of the Financial Ecology Network client (the Company) to whom it is directly addressed
and delivered in order to assist the Company in evaluating, on a preliminary basis, the
feasibility of a possible transaction or transactions and does not carry any right of publication
or disclosure, in whole or in part, to any other party. This presentation is for discussion
purposes only and is incomplete without reference to, and should be viewed solely in
conjunction with, the oral briefing provided by Financial Ecology Network. Neither this
presentation nor any of its contents may be disclosed or used for any other purpose without
the prior written consent of Financial Ecology Network.
The information in this presentation is based upon any management forecasts supplied to us
and reflects prevailing conditions and our views as of this date, all of which are accordingly
subject to change. Financial Ecology Networks opinions and estimates constitute Financial
Ecology Networks judgment and should be regarded as indicative, preliminary and for
illustrative purposes only. In preparing this presentation, we have relied upon and assumed,
without independent verification, the accuracy and completeness of all information available
from public sources or which was provided to us by or on behalf of the Company or which was
otherwise reviewed by us.
In addition, our analyses are not and do not purport to be appraisals of the assets, stock, or
business of the Company or any other entity. Financial Ecology Network makes no
representations as to the actual value, which may be received in connection with a transaction
nor the legal, tax or accounting effects of consummating a transaction. Unless expressly
contemplated hereby, the information in this presentation does not take into account the
effects of a possible transaction or transactions involving an actual or potential change of
control, which may have significant valuation and other effects.
All trademarks, servicemarks or registered trademarks are the property of Financial Ecology
Network.
2011 Financial Ecology Network Inc. All rights Reserved.
|||||| Disclaimer
|||||||||||||||||||||||||||||||||
|||||| FEN ||||||||||||||||||||||||||||||||||
Thank You
david@financialecology.net
1
Introduction to BP
BP has a trading arm called IST (Integrated Supply and Trading), which is one of
h l di i di i i i h ld the largest commodities trading organizations in the world.
3 Emissions Benches in Singapore, UK and US
Singapore Emissions Bench covers the Eastern Hemisphere, spanning Middle
East, Africa to Australasia.
Core business is New Zealand Emissions Trading Scheme, where BP is
responsible for tailpipe emissions for all BP products imported into or refined in responsible for tailpipe emissions for all BP products imported into or refined in
New Zealand.
We have counterparties in New Zealand, Australia, Singapore, Japan, China and
hopefully in the near future, Taiwan.
Introduction
What is a futures contract?
What is a futures Exchange?
Why do you need a futures Exchange?
How do you make use of the Exchange?
2
What is a futures contract?
Units of trading: 1 lot is 1,000 CERs. 1 CER represents the
right to emit 1 tonne of CO2
Minimum trading size: 1 lot
Tick size: 0.01 Euro per tonne
Minimum price fluctuation: 0.01 Euro per tonne
Expiration date: Last Monday of the Contract Month.
Settlement Price: Trade weighted average during the daily
closing period (16:50:00 16:59:59 UK Local
Time)
Delivery Methods: Physical Delivery by transfer of CERs, within 3
days of contract expiry
What is a futures Exchange?
3
What is a futures Exchange?
Why do you need a futures Exchange?
Removal of Counterparty Risk
Transparent Observable Index for price protection (Next Slide)
Provides liquidity to the market
Establishing a Forward Curve to enable long term deals Establishing a Forward Curve to enable long-term deals
4
Why do you need a futures Exchange?
Your cost of the CER project based in Vietnam works out to be 9 Euros per CERs
generated.
You sell 90 000 CERs on trade date 22 June 2011 (Wednesday) for delivery on 28 You sell 90,000 CERs on trade date 22 June 2011 (Wednesday) for delivery on 28
June 2011 (next Tuesday) to ABC company
At a floating price determined by the average of 3-days Dec-11 ECX CERs futures
contract centered on delivery date (which is next Tuesday)
On 22 June 2011, after signing the contract, you sell 90 lots of Dec-11 ECX CERs
futures @ 11.80 Euros. So you expect to make a profit of 252,000 Euros.
On 27 June you buy back 30 lots Dec-11 CERs @ 10 Euros
On 28 June you buy back 30 lots Dec-11 CERs @ 8 Euros
On 29 June you buy back 30 lots Dec-11 CERs @ 6 Euros
You sell 90,000 CERs to ABC Company @ 8 Euros per CER. U make a loss of
90,000 Euros on your sale to ABC Company, but you make back a gain of 342,000
Euros on your futures hedge, to give you back 252,000 Euros net profit.
How do you make use of the Exchange?
1) Hedging (Risk removal)
- Price risk
- Counterparty risk
Why dont Primary Developers just hedge everything on the Exchange?
2) Speculation (Risk exposure)
Quality Spread - Quality Spread
- Calendar Spread
- Product Spread
5
How do you make use of the Exchange?
How do you make use of the Exchange?
Trading System Reuters Screen
6
END
NZU Market
End
Questions?
1
Carbon Reduction Experience: the
Case of Green Investment
Taipei, June 2011
South Pole Carbon Asset Management Ltd.
Mitsuko Wong
Project Manager
Contents
Introduction to Green Investment
Examples and South Pole's Experience
Introduction to South Pole Carbon
2
2
Introduction to Green Investment
Climate related investment
Mitigation
Pollution abatement
Energy efficiency
improvement
Sustainable (clean)
Adaptation
Agriculture
Urban infrastructure
W t i f t t
3
Sustainable (clean)
energy
Cleaner manufacturing
operation

Water infrastructure
Waste management

Carbon markets
Investors
Investment drivers:
Socially Responsible
Investment (SRI)
Environmental, Social and
Governance (ESG)
Public opinion
Carbon neutralization program
4
to gain competitiveness
Carbon market incentives
Climate Change Mitigation
Cleaner Technology
3
Why investing on climate change sectors is attractive?
Background drivers
Increased public interest related to climate jobs and economy
Continuous development towards the global carbon constrained economy
Long term structural changes and opportunities
International organizations continue to demand climate change initiatives
Governments determination towards climate policy is based on public demand,
i th t d j b t iti l t d t l t
Energy Security Economic Policy Industrial Policy
Market
Opportunities
5
economic growth prospects, and new job opportunities related to clean energy sectors
Science and impact on the planet will continue to be a strong pressure factor
Increasing corporate investment in footprint reduction highlights fundamental shift to
low carbon future
Market leaders
Manufacturing sector is more dependent on carbon-intensive fossil
fuels
Higher risks related to regulation, customers demand, and carbon
emissions/abatement costs
Climate Risks
Reputational risks among peers
New climate-friendly products may create substantial demand and
revenue
Emission rights potential benefits
Minimal, well-identified carbon risks and liabilities
Strong ability to meet potential losses
6
Sector Leaders
g y p
Well positioned to handle regulatory requirements
Strongly positioned to strategically capitalize on carbon-driven profit
opportunities
4
Global Investment Trend
Majority of investors see climate change as one of the most important challenges
81% of investors indicate strong investment interest in climate conscious
companies
7
Renewable investments profitability and risk
Technology development,
government policy, demand increase,
d b k t d l t and carbon market developments
lead to competitiveness of
renewable energy.
8 Source: DBCCA analysis, 2009
Different investment entry
points across project life cycle
offers various amounts of risk
and rewards to investors
5
Risk factors
Markets: Public/Private Equity or Debt, Infrastructure
Economic cycles: systemic risks, macroeconomic factors, recession
Economic/Market Risks
Economic cycles: systemic risks, macroeconomic factors, recession
Pricing/value volatility risks: price of purchase vs. value of exit or sale
Different maturity stages of new energy technologies
Hence, difference levels and sources of capital funding
Renewable energy financing subject to variable rate of the
commercialization of new technology
Technology Risks
9
Instability or lack of governing policy
Result: short-term asset mis-pricing, reluctance to deploy capital
Support necessity: many types of renewable energy investment are
not viable on their own
Political risks
Investment Considerations
Feasibility and profitability of investment broadly depends
timing, sector type, and location.
Technologies and sectors that are less dependent upon
government incentives e.g. waste and water management
and industrial efficiency
Geographic diversification will lead to portfolio diversity,
thus better distributed policy risks
New technology is growing rapidly as technical maturity
10
New technology is growing rapidly as technical maturity
increases and risks decreases
Investment environment in developing countries is getting
more conducive
6
Highest level of policy in green economy world:
CARBON MARKETS
Carbon trading creates link between investors in developed country and favors
clean technology development in developing countries
Asia has seen a steady increase in the amount of investment to clean energy in Asia has seen a steady increase in the amount of investment to clean energy in
recent years.
11
Contents
Introduction to Green Investment
Examples and South Pole's Experience
Introduction to South Pole Carbon
12
7
's effort of reducing its greenhouse gas emissions includes:
Green Investment and Carbon Offsetting
Examples
13
Example: Green Investment
Announced commitment towards carbon neutrality in 2007
$38.8 million in two North Dakota wind farms
$55 million to finance part of a 1,550 MW wind project enough to power 450,000 homes.
Cooperation with Citibank finance another 102 MW Alta IV project
1 6 MW of solar photovoltaic panels at Googles Mountain View campus 1.6 MW of solar photovoltaic panels at Google s Mountain View campus.
Plan to invest $350 million in green infrastructure projects
We believe that improving our
environmental practices is not only
our responsibility as a corporate
citizen, but good business planning
14
Robyn Beavers, Corporate Environmental
Programs Manager
8
Example: BP Alternative Energy
$5 billion investment since 2005,
in the biofuels, wind and solar
energies
15
Project examples: Current Projects Developed in Taiwan
Wind Farm Projects:
Total 300 MW Wind Farm Projects in Western Taiwan
Gold Standard VERs ca. 660000 tCO2e p.a.
Two among the projects have been successfully
registered as the first Gold Standard project in Taiwan
Hydro Power Projects:
Installed capacity 11.52 MW
16
Located in Tainan County
VCUs ca. 36,000 tCO
2
e p.a.
First renewable energy project in Taiwan that has
been verified against VCS
9
Example of offset with South Pole:
BEN & JERRY`S
BEN & JERRY`S (one of the largest ice cream company in the U.S.) buys
carbon credits from South Pole to achieve carbon neutrality for its
manufacturing sites of the ice cream manufacturing sites of the ice cream
BEN&JERRYs company purchased carbon credits from our General Starch
Waste Water Treatment in Thailand
17 Website: http://www.benjerry.com/activism/environmental/global-warming/
Example of offset: DP DHL
18 Website: http://www.dp-dhl.com/gogreen
10
Example: Peony Capital
Bill Gates funded Peony Capital
invests EUR 100 million seed capital
in CDM projects in China
Budget up to EUR 400
million for carbon
investments in China
Equity investments in SD
projects then trading the
19
carbon credits on global
market
Contents
Introduction to Green Investment
Examples and South Pole's Experience
Introduction to South Pole Carbon
20
11
STATUS DEC 1, 2009
South Pole enjoys a broad international presence South Pole enjoys a broad international presence
Head office [staff number]
Regional office [staff number]
Incorporated in July
2006
10 offices worldwide
Local presence [staff number]
Zurich [20]
Taiwan [3]
Beijing [12]
Mexico City [7]
Over 70 carbon
professionals
Projects in 18 countries
Specialized in high-
quality Gold Standard
projects
Develop both voluntary
Toronto [1]
California [1]
Istanbul [1]
Islamabad [1]
New Delhi [1]
Hanoi
Johannesburg [2]
Jakarta [8]
Bangkok [17]
e co C y [ ]
Develop both voluntary
and compliance credits
Caracas [1]
[ ]
South Pole provides the whole range of carbon asset
management solutions
22
12
We have more than 120
carbon projects under management around the globe
South Pole references rapidly growing portfolio of carbon
credit projects & extensive network of high quality buyers
Broad project
pipeline
>100 contracted projects with a total volume of more than 65 million tCO2e
until 2012
~50% are CDM projects
~40% are VCS projects
projects in advanced negotiations with roughly 30 million tCO2e until 2012
Extensive client
network
Top-rated compliance buyers, such as the Austrian Government, Climate
Cent Foundation (Switzerland), Italcementi, LUSO Carbon Fund
(P t l)
Most important
project types
Portfolio covers the main project types:
Renewable Energy (biomass,
hydro, wind)
Waste treatment (liquid and solid)
Energy efficiency
Reduction of waste gas (oil, gas
and chemical industries)
Forestry
Programmatic approach (PoAs)
network (Portugal),..
Well-known VER buyers (e.g. BP, Swiss Re, Unilever)
Unparalleled
carbon
market expertise
Participating in the UNFCCC meth panel
Involved in major climate change negotiations since 1997
Carbon advisory to international organizations (World Bank, European
Commission, World Economic Forum,..) and registered CDM projects with
a volume of 100 million tCO2e until 2012
13
Client References
Industries:
VeWong, Unilever, HSBC, Coop, PepsiCo, Boots, Tesco, Cadbury, Halifax, Coca Cola,
Kimberly Clark, The Co-operative Group, British Sugar, Danone, Continental Clothing
Company etc Company, etc.
Financial Institutions:
SwissRe, HSBC, Fortis, BP, Man Financial, World Bank, ADB, World Economic Forum, etc.
Organizations:
UNFCCC, UNEP, UNDP, CAF, Climate Cent Foundation, Point Carbon, WWF Switzerland,
etc etc.
Governmental Institutions:
DG-Environment of European Commission, Department of Trade & Industry of UK, Austrian
Government, German Post Office, Swiss Government, French Development Agency, National
Power Company of Indonesia, African Government, etc.
Interested in knowing more about offsetting?
Over 200 projects in more than 20 countries
The first, only, and largest international carbon developer
in Taiwan
World Leader in CSR projects development
26
taiwan@southpolecarbon.com
Tel. +886 4 2302 1592
www.southpolecarbon.com
2011/6/27
1

Recent Development and Policy Outlook of the carbon
market of mainland China
2011622
Agenda
Profile of National Profile of National
GHG Emissions and Energy Pattern
the National Policy and
Regional Initiatives Concerning GHG Emissions
the Gold Standard Foundation
27/06/2011
2011/6/27
2

Profile of National GHG Emissions and Energy Pattern


Rank Country 2007 GHG Emissions (Million Mt) Percentage of global total
1 P.R.C 6,534 22.3%
2 U.S. 5,833 20.0%
- EU 4,178 14.0%
3 Russia 1,729 5.5%
4 India 1,495 5.2%
5 JPN 1,215 4.3%

24 Taiwan 276 0.9%


wikipedia

Profile of National GHG Emissions and Energy Pattern


2011/6/27
3

Profile of National GHG Emissions and Energy Pattern


GHG emissions of
P.R.China doubled
from 2000 to 2007.
<Google public data
explorer>

Profile of National GHG Emissions and Energy Pattern


Capacity 2010 (GW) Percentage Capacity 2010 (GW) Percentage
Total 950 100%
Fossil Fuel
Thermal
700 73%
Hydropower 210 22%
Wind power 40 4%
Nuclear and
others
10 1%
2011/6/27
4
Agenda
Profile of National Profile of National
GHG Emissions and Energy Pattern
the National Policy and
Regional Initiatives Concerning GHG Emissions
the Gold Standard Foundation
27/06/2011
the National Policy
and Regional Initiatives
Is CDM playing a determining role in the development of renewable energy? p y g g p gy
CDM
1,424 Chinese CDM projects registered, accounting for 45% of registered CDM
projects. Annual estimated CERs are 307 MCERs, 63.94% of global total volume. 350
MCERs issued to Chinese projects, worthy of EUR 3 billions of total income from
trading.
CER income accounts for roughly 10% of the revenue of a wind farm.
In 2009, P.R.C invested $34.6 billions in clean energy
<UNEP RISOE>
2011/6/27
5
the National Policy
and Regional Initiatives
The national plan (the official pitch): The national plan (the official pitch):
As a developing country, P.R.C. is not to cap its GHG emissions.

P.R.C. voluntarily sets the target to reduce 40% - 45% GHG emissions per
GDP unit by 2020 from 2005 level. This has been defined in the 12th
national 5-year plan.
P.R.C. makes an ambitious plan in developing renewable energy. By 2020,
hydropower capacity is to reach 380 GW, twice of the capacity today;
l i t h 70 GW(GS N t N l i t ll bl nuclear is to reach 70 GW (GS Note: Nuclear is not really renewable
energy), seven times of the nuclear capacity today. Wind power is expected
to be 150 GW. Solar 20 GW and biomass 30 GW by 2020. Incremental of 40
million hectares forestation is expected by 2020.
the National Policy
and Regional Initiatives
The national plan (the official pitch): The national plan (the official pitch):
P.R.C. to take further research and actions in allocating the national carbon intensity
reduction target to various sectors and provinces.
P.R.C. to improve GHG statistics at various levels of the government. China is to
strengthen capacity building in GHG statistics, accounting and evaluating
(performance of regional government departments).
To invest in low-carbon technologies, especially industrial sectors, building sector and
transportation. P.R.C is to run pilot projects in five low carbon provinces and eight
low carbon cities.
To explore low carbon certification in certain products. And to kick off pilot projects in
low carbon certification. (As I understand it refers to certification of GHG emissions
from production processes, i.e. the carbon footprinting)
2011/6/27
6
the National Policy
and Regional Initiatives
The national plan (the official pitch): The national plan (the official pitch):
Law making and standards developing concerning GHG and climate change. China is
to build managing system in limiting GHG emissions and to start pilot projects in
certain sectors. (Here the standard refers to setting benchmark of GHG emissions in
certain sectors and products)
To research on feasibility and best timing and circumstance for introducing carbon tax.

To encourage carbon trading (mainly refers to CDM and regional initiatives). To


regulate voluntary carbon market (The national VER regulation is yet to be published).

To raise public awareness and to promote low-carbon life style. The government will
involve wide range of stakeholders in achieving the national targets.
the National Policy
and Regional Initiatives
The regional initiatives: The regional initiatives:
The Environmental Exchanges. Beijing EX, Tianjin EX, Shanghai EX etc.
Domestic VER standards. Panda Standard by CBEEX. VER
Provincial and inter-provincial cap-and-trade schemes?
Local corporations go for carbon offset.
2011/6/27
7
Agenda
the National GHG the National GHG
Profile and Energy Pattern
the National Policy and
Regional Initiatives Concerning GHG Emissions
the Gold Standard Foundation
27/06/2011
the Gold Standard Foundation

The purpose of the CDM shall be to assist Parties not included in Annex I in achieving
sustainable development and in contributing to the ultimate objective of the Convention and sustainable development and in contributing to the ultimate objective of the Convention, and
to assist Parties included in Annex I in achieving compliance with their quantified emission limitation
and reduction commitments...
-- Kyoto protocol, Article 12.2
2003WWF


27/06/2011


2011/6/27
8

Give the brand its value


65 NGOs

23 Permanent Staff
Daily Management of GS Activities
Project & Meth Reviews
Capacity Building
Registry Management

Budget Oversight
Ultimate Control Over GS Brand

Project & Meth Approval


Rule changes
9 experts of the carbon market 8 members
GS NGOs
APX

GS TAC

External Validation
DOE

S. Africa, China, India, Brazil



Voluntary Commitment to use majority GS
Assist with marketing and events
Registry Management
Marketing & Fund Raising
(REEEP funding)

Project & Meth Reviews


(to be formalised shortly)
RE
DOEs

Matt Spannagle,
UNDP MDG CF
Narendra Paruchuri,
Rutger de Witt Wijnen, DBBW
Shelagh Whitley, CAMCO
Jrg Grtter,
Grtter Consulting
Liam Salter,
Reset
Steve Thorne,
SouthSouthNorth
Rob Fowler,
RM(1)
RM (1)
Narendra Paruchuri,
EnrGHG
RM(1)
RM(2)
RM(2)
POC
POC
POC
Alexia Kelly, US State Dept, Clmt
change office
27/06/2011
Rob Fowler,
Booz & Company Ltd.
2011/6/27
9
GHG Offset with Gold Standard Credits

27/06/2011

Thank You
Leon Wang
Regional Manager China and East Asia
The Gold Standard Foundation
leon@cdmgoldstandard.org
http://www.cdmgoldstandard.org
The Gold Standard- Premium quality carbon credits
1

22 June 2011

2
3 Bureau Veritas Certification 2011

4 Bureau Veritas Certification 2011

(cost effectiveness)the
lowest cost

3
5 Bureau Veritas Certification 2011

630
(14)
(5 11)
(1218)
(1922)
(2328)
2930
6 Bureau Veritas Certification 2011

4
7 Bureau Veritas Certification 2011

(1213)



()

8 Bureau Veritas Certification 2011

(1415)
()
(
)

(14)

5
9 Bureau Veritas Certification 2011

(16)

10 Bureau Veritas Certification 2011

(1718)

12 Bureau Veritas Certification 2011

8911

()
()

7
13 Bureau Veritas Certification 2011

14 Bureau Veritas Certification 2011


()
() ()

()
()

() ()

() ()()
()
()
()
8
15 Bureau Veritas Certification 2011

1.
2.
3.

(1)
(2)
(3)
(4)
4.
5.
6. ()

1.
2. ()
3. ()
16 Bureau Veritas Certification 2011

0.325/
-0.082/
-
9
17 Bureau Veritas Certification 2011

()
()()

()
()

18 Bureau Veritas Certification 2011

()
1.
2.

(1)
(2)
(3)
(4)
3.

()
1.
2.
3.
10

20 Bureau Veritas Certification 2011

PDD

TAFTAF
TAF
11
21 Bureau Veritas Certification 2011

CDM

CDM

BV

12
23 Bureau Veritas Certification 2011
40()
UKASTAFANAB
IIOC
RvA UKAS ISO 14001
ISO 22000
QS 9000(QS9000TS16949)
IRCA AS 9100
SA 8000
VCS
IIOC(Independent International Organization Certificate)

BV
BV
BV
24 Bureau Veritas Certification 2011
BV

BVMr. Ian DayIIOC

BVIIOC IAFIAF
( IAF)
ISO/TC 176ISO/ TC 207
ISO 9001 ISO 14001

1995ISO 14001BVBSMI
BS7750
BV
BV
13
25 Bureau Veritas Certification 2011
Thanks for your attention!
Bureau Veritas Certification (Taiwan)

LTM
Joseph Chang
TEL: 02-25707655 ext. 205
Email: chei-fan.chang@tw.bureauveritas.com
www.bv-cert.com.tw
www.bureauveritas.com.tw/scs
26 Bureau Veritas Certification 2011

You might also like