Evolving Carbon Markets and Climate Policy Instruments
Climate change is an international challenge alarming not only scientists, but also being recognised by all major countries and economies worldwide. Policy makers in the EU, Japan, Australia, North America and most emerging and developing economies are dedicated to tackle climate change and minimise its negative effects.
The Kyoto Protocol and the numerous national climate policies that have been implemented until today can only be the beginning of a more ambitious system. On the international level, politicians are working intensively to install an effective and efficient successor of the Kyoto Protocol, with more demanding emission targets and new carbon market mechanism than today. On national levels, existing climate policy programmes are being developed and expanded further, considering practical experiences with past and current programmes.
Perspectives’ Business Unit Climate Policy Advice offers its support both to policy makers in analysing existing systems and developing them further, and to industry and private players in adapting to new legislative frameworks and in optimising corporate responses. Doing so, Perspectives benefits from its sustained experience in this field. Our staff has followed the complex decision-making processes in climate policy since 1994 from the scientific point of view as well as from the corporate perspective.
Many of our team members worked in the Research Programme “International Climate Policy” at the Hamburg Institute for International Economics (HWWA) before joining Perspectives. In addition, some staff has worked for the German Environment Ministry (BMU), where it gained an in-depth understanding of the policy making process and its drivers. Besides that, Perspectives has consulted private players on numerous topics and supported them in preparing for the implementation of the EU Emissions Trading Scheme. Hence, Perspectives’ staff learned extensively about the needs and decision-making processes in industry.
Perspectives’ Business Unit Climate Policy Advice offers inter alia:
References
| Project Name | Client | Project Description | Location | Duration |
|---|---|---|---|---|
| Study on Mobilizing NAMAs and new market mechanisms to harness mitigation in RCREEE member states | Regional Centre for Renewable Energies and Energy Efficiency (RCREEE) | Overview of NAMAs and new market mechanisms; EU policy regarding bilateral agreements on sectoral crediting and pros and cons for RCREEE member states | RCREEE member states | 2011 |
| CDM project finance training course | UNFCCC | Conduction of two training workshops on CDM project finance and additionality assessment | international | 2011 |
| Design study for Fuel Security Certificate market mechanism | ADB | Study on design features of a Fuel Security Certificate system in the Asian region and conceptualisation of a market mechanism system for the same | Asian region | 2011 |
| Economic assessment of CDM potentials in the Oil and Gas sector | Saudi Aramco | Comprehensive study on long term carbon market and CDM potential, including project cycle costs and revenues for prominent CDM project types for the host country | Saudi Arabia | 2011-2012 |
| CDM post 2012: review of UNFCCC regulations | Ministry for Petroleum and Natural Resources Saudi Arabia | Review and analysis of any successor agreement of the Kyoto Protocol and implications for CDM host countries. Development of post-2012 strategy | Saudi Arabia | 2011-2012 |
| Guidelines on carbon emission factors of fuel | DNA Saudi Arabia | Elaboration of guidelines on how to determine carbon content and emission factors of fuels in KSA for publication on DNA website | Saudi Arabia | 2011-2012 |
| Benchmarking study N2O projects | Rhodia Energy | Study on the future of adipic acid emission credits under consideration of various potential future market mechanisms, including benchmarking potential | EU | 2011 |
| Support of the German Emissions Trading Group | Adelphi Research | Support of the German Emissions Trading Group on an Co-Chair of its subworking group "project based mechanisms" | Germany | 2011 |
| CDM Highlights | GIZ | Monthly CDM Newsletter for the German Gesellschaft für Internationale Zusammenarbeit | Germany | 2011-2012 |
| IEA-REDT Renewable Energy Promotion policies | IEA | Scoping Study: linking renewable Energy Promotion Policies with international Carbon Trade | International | 2011 |
| Economic instruments for adaptation | EU Commission | Study on economic instruments such as risk sharing instruments (e.g. insurance), market based instruments and public private partnerships for adaptation within the EU | EU | 2010-2011 |
| Bilateral crediting mechanism | JETRO/METI | Analysis of design options for a bilateral crediting mechanism and preconditions for international recognition and linking | Japan | 2010-2011 |
| NAMA concept development Mexico for EE in housing | German Federal Environment Ministry Mexican Federal Environment Ministry Mexican National Housing Commission | The aim of the assignment was to review the ongoing and planned Mexican GHG reduction programmes in the national housing sector and to develop a concept for a Nationally Appropriate Mitigation Action (NAMA) that builds upon these programmes and develops them further in such a way that the NAMA is practically implementable and can attract donors to support its practical implementation. The NAMA concept has been showcased at the COP16 in December 2010 as one of a very few NAMA pilots that had advanced to such level of detail at that point in time. The project was conducted jointly with Point Carbon Global Advisory Services (lead). | Mexico | 2010-2011 |
| Economics of adaptation | DEZA | Ellaboration of an approach to quantify the adaptive effects of adaption projects/programmes; consultancy and advice on project assessment and questions related the Adaption Fund under the Kyoto Protocol and the SCCF under the UNFCCC | international | 2010-2011 |
| German Emissions Trading Group 2010 | Adelphi Research | Supporting & consulting the German Emissions Trading Group ("Arbeitsgruppe Emissionshandel, AGE") with a focus on CDM/JI | Germany | 2010 |
| Strategy development for post - 2012 climate policy | MASDAR | Analysis of relevant post-2012 negotiation issues an UN-level, and support with preparation and review of COP 15. | United Arab Emirates | 2009-2010 |
| GTZ CDM Highlights | GTZ | Writing of GTZ' monthly newsletter "CDM Highlights" | international | 2010 |
| DNA capacity building workshop Algeria | GTZ | Conduction of a introductory CDM training workshop for DNA members of Algerian DNA | Algeria | 2010 |
| Potential and challenges of benchmarking in the CDM | Department for International Development (DFID) | Analysis of the potential of benchmarking approaches under the CDM with a view to reduced its transaction costs and simplifying additionality analysis. Case studies on selected sectors and industries. | international | 2009-2010 |
| Support in DNA set up | Saudi Arabia | Supporting the Kingdom of Saudi Arabia in establishing an efficient and effective DNA. Establishment of draft rules and procedures, DNA organisation and support in national and international promotion activities. | Saudi Arabia | 2009-2011 |
| Additionality Study | international utility (confidential) | Establishing a confidential report of additionality determination in the CDM, including case studies | international | 2009 |
| PoA Blueprint II | KfW Bankengruppe | Update of the PoA blueprint book established in 2008 expansion with case studies | international | 2009-2010 |
| Review of World Future Council`s proposal on a REP- Fund | World Future Council | Review of a proposal of the WFC to establish a REP-Fund for supporting renewable energy projects beyond the CDM | international | 2009 |
| Climat policy in Indonesia | EcoPerspectives | Analysis of policy and sectoral CDM - opportunities for Indonesia | Indonesia | 2009 |
| Sectoral approaches in the post-2012 regime | Bundesumwelt- Ministerium | Study on the potential and implementation options of sectoral approaches in the post-2012 climate policy regime | international | 2009-2010 |
| Vattenfall Seller's Handbook | Grue Hornstrup | Contribution to Vattenfall's Handbook for CER-Sellers: chapters on CDM-Market Trends and ERPAs | international | 2009 |
| PoA Blueprint | KfW Banken- gruppe | Analysis of chances for PoAdevelopment in the sectors lighting, household stoves, industrial boilers, solar water heating, domestic biogas and building refurbishment | international | 2008 |
| CDM Plattform Latin America | German Environment Ministry | Continuation and further enhancement of the CDM Plattform Latin America | Germany, Latin America | 2008 - 2009 |
| GTZ CDM Highlights | GTZ | Writing of GTZ´s monthly newsletter "CDM Highlights" | international | 2008 - 2009 |
| German Emissions Trading Group 2009 | Adelphi Research | Supporting and consulting the German Emissions Trading Group ("Arbeitsgruppe Emissionshandel, AGE") with a focus on CDM/JI | Germany | 2005 - 2009 |
| Future CDM: how to design the CDM to achieve global GHG reductions | German Environmental Protetion Agency | Study on CER- discounting, ambitious baselines, shortening of crediting periods, and voluntary retirement of CERs as options to establish a CDM with effective GHG reductions | international | 2008 - 2010 |
| CDM and the waste sector | German Environment Ministry / BIFA | Study on the role of the waste sector in the CDM, current approaches and rules, as well as potential for optimization | international | 2008 - 2009 |
| CDM Post 2012 Study | DEFRA | Study on the CDM Post 2012 - regulative framework and market developments. | international | 2008 |
| CDM in the building sector | GTZ | Presentation of status of CDM projects in the building sector. | Tunisia | 2008 |
| CDM in China - Study | World Bank | Contribution to World Bank's Study on CDM in China - chapter on current status of CDM market. | China | 2007 - 2008 |
| CDM Information Services | Point Carbon | Information Services on the status quo of the CDM framework, including analysis of decisions of the CDM EB and other relevant bodies. | International | 2008 |
| CDM in China | World Bank | Contribution to the World Bank's CDM-China-Study: writing chapter on "International Carbon Market and CDM-supply and -demand". | China | 2007 |
| CDM Guide Book 2007 | DEFRA | Development of a CDM guide book that summarises relevant CDM rules and explains approved methodologies. | International | 2007- 2008 |
| UNFCCC - 2007 | German Environment Ministry | Support with UNFCCC-negotiations during German EU-Presidency. Focus at SB-26: Demonstrable Progress Reports, Art. 6 of the Convention, Mitigation Workshops | international | 2007 |
| Economic chances of climate policy | German Ministry for the Environment | Analysis of economic chances and risks to German business due to climate change policy | Germany | 2006 - 2007 |
| CDM plattform Latin America | German Ministry for the Environment | Development and improvement of communication channels between relevant CDM actors. Design of an internet platform to facilitate information exchange among German and Latin American stakeholders. | Latin America | 2006 - 2007 |
| CRIEPI II | Central Research Institute of the Electric Power Industry| Hamburg Institute of International Economics | Evaluation of the submission and approval process of energy efficiency CDM methodologies. | international | 2005 - 2006 |
| CCS in the CDM | Confidential | Analysis of eligibility of carbon capture and sequestration (CCS) projects in the CDM | international | 2005 - 2006 |
| Munich Climate Insurance Initiative* | Germanwatch | Options for insuring climate-related damages in developing countries (www.climate-insurance.org) | international | 2005 - 2006 |
| Effects of climate change on Alps | Germanwatch | Knowledge synthesis on climate change effects in the European Alps | EU | 2004 - 2005 |
| Adaptation to increasing sea levels | Germanwatch | Case studies on adaption to climate-change: sea level-rise in the Netherlands and in Bangladesh | The Netherlands| Bangladesh | 2004 - 2005 |
| Development of CDM project database* | German Ministry for the Environment | Development of criteria to evaluate quality of German JI/CDM projects | international | 2003 - 2005 |
| Bhutan technical assistance | Institute for Environmental Studies (IVM), The Netherlands | Technical assistance to climate change studies in Bhutan in particular support in domestic vulnerability assessments. | Bhutan | 2003 - 2004 |
| Point Carbon - Information Services | Point Carbon | CDM market and policy analysis. | international | 2003- ongoing |
| CDM Guide | International food processing company | Establishment of guidelines for in-house CDM and JI project identification and development for one of the largest international food processing companies (in cooperation with EUtech) | international | 2006 |
| HEW - cooperation* | Hamburg Electricity Company (now: Vattenfall Europe) and HWWA | Consulting on German and international climate policies with a focus on emissions trading and the Kyoto Mechanisms and implications on energy industries. | Germany | 2000 - 2003 |
| PROBASE* | EU Commission, DG Environment | PROBASE (Procedures for accounting and baselines for projects under Joint Implementation and the Clean Development Mechanism) provided recommendations to policy makers on how to operationalise and standardise baseline determination for JI and CDM projects. | international | 2001 - 2002 |
| Potential of Kyoto Mechanisms* | Volkswagen AG | Analysis of different options for the use of the Kyoto Mechanisms in German climate policy and identification of new business segments and products for VW. | Germany | 2000 |
| Kyoto Mechanisms Expert Network (KEEN)* | EU Commission, DG Research | Establishment of an international network of specialists in the area of the Kyoto Mechanisms (private sector, governments, universities, NGOs and supra-national organisations) | EU | 2000 - 2002 |
| National Strategy Study (NSS) on CDM* | Gesellschaft für Technische Zusammenarbeit (GTZ) | Assistance to Indonesian writing team in evaluation of international CDM rules, assessment of market potential of Indonesia and its marginal abatement costs as well as institutional requirements for CDM. | Indonesia | 2000 - 2001 |
| Linking development aid and CDM projects* | Kreditanstalt für Wiederaufbau (KfW) | Study on interpretation of ?diversion? of development assistance through CDM projects | international | 2000 |
| National criteria and institutions for CDM projects* | Gesellschaft für Technische Zusammenarbeit (GTZ) | Study on national criteria and institutions for CDM projects in Morocco. | Morocco | 2000 |