press releases | carbonfund.org

The theme for CA World ’13 is "Go big. IT with impact." However, as they put it, in one very important way, CA World will go big with zero impact. 

CA Technologies, one of the world’s leading providers of IT management systems and energy management solutions, and sponsor of its annual CA World event, is committed to lead by example in order to advance the triple bottom line of people, planet and profit.  This focus made the decision to host CA World ’13 as a CarbonFree® Event an easy choice. 

What does this mean exactly? CA Technologies partnered with the Carbonfund.org Foundation to calculate all estimated carbon emissions associated with CA World based on attendee travel, lodging and meals, and the venue’s electricity and heating fuel consumption. Then, CA Technologies chose to neutralize the resulting event emissions by supporting two projects that mitigate an equal amount of greenhouse gases:

“At CA Technologies we take our commitment to sustainability seriously. We believe it is simply smart business," said Cynthia Curtis, Chief Sustainability Officer, CA Technologies. "CA World is our largest event -- bringing together thousands of attendees from around the world to showcase our solutions. At an event of this magnitude, it was important that we highlight our commitment to sustainability. By working with Carbonfund.org, we are offsetting our greenhouse gas emissions through meaningful projects that help mitigate our environmental impact and create local jobs."

“This is one of the largest events of its kind to fulfill the commitment to become truly CarbonFree®,” explains Eric Carlson, president of Carbonfund.org.  “CA Technologies donation for the CarbonFree® Event program is quite a significant action by a leader in IT service solutions and a company clearly committed to sustainability in all aspects of its operations.”

CA World is the flagship event for CA Technologies, providing the opportunity to share and showcase innovation and best practices—from CA and from their customers and partners.  This year, those best practices include leadership in the area of event emissions neutralization through the CarbonFree® Event program for CA World ’13. 

Published in carbonfree blog

As Carbonfund.org is greatly excited about the validation of our Purus Project, the first ever REDD+ project in the State of Acre, to achieve dual-validation to the Verified Carbon Standard (VCS) and the Climate, Community and Biodiversity Standard (CCBS) with Gold Distinction, it is important to also understand the potential broader implications of the Purus Project as it attempts to set the framework for potential REDD+ project inclusion into Phase 2 of the California Emissions Trading Scheme (ETS) providing a confidence boost for the development of broader REDD+ projects around the globe.

Back in November, the State of California launched its first auction for Phase 1 of their ETS from 2013 to 2014.

California’s AB-32, also known as the Global Warming Solutions Act, regulates more than 300 facilities emitting over 25,000 metric tonnes of CO2 each year with a plan to reduce GHG emissions to 427 million metric tonnes of carbon dioxide equivalent emissions (MMTCO2e) by 2020 from the baseline of 507 MMTCO2e. 

The State of California plans to allow emitters to cover a portion of their compliance obligations with offset credits. In Phase 1 of the program, these credits could come from projects in the United States that reduce emissions in the following sectors of: national forestry, urban forestry, ozone depleting substances and agricultural methane. 

However, in Phase 2, commencing in 2015, we are hopeful that the scheme will allow offsets from REDD+ projects in Acre, Brazil, as the State of Acre has a signed memoranda of understanding (MOU) with the State of California, attempting to work this out. At this time, it is still unclear how the program will work.

 If California accepts REDD+projects into the marketplace, it is possible for the Purus Project to be the first project leading the way for broader investment being placed into this forest protection and payment for ecosystem service projects.

Though there are still several prominent steps toward REDD+ inclusion into the California ETS, we will continue to create the best possible projects we can to protect these rainforests and its biodiversity while enhancing the lives of local communities. 

Published in press releases

As Carbonfund.org is greatly excited about the validation of our Purus Project, the first ever REDD+ project in the State of Acre, to achieve dual-validation to the Verified Carbon Standard (VCS) and the Climate, Community and Biodiversity Standard (CCBS) with Gold Distinction, it is important to also understand the potential broader implications of the Purus Project as it attempts to set the framework for potential REDD+ project inclusion into Phase 2 of the California Emissions Trading Scheme (ETS) providing a confidence boost for the development of broader REDD+ projects around the globe.

Back in November, the State of California launched its first auction for Phase 1 of their ETS from 2013 to 2014.

California’s AB-32, also known as the Global Warming Solutions Act, regulates more than 300 facilities emitting over 25,000 metric tonnes of CO2 each year with a plan to reduce GHG emissions to 427 million metric tonnes of carbon dioxide equivalent emissions (MMTCO2e) by 2020 from the baseline of 507 MMTCO2e. 

The State of California plans to allow emitters to cover a portion of their compliance obligations with offset credits. In Phase 1 of the program, these credits could come from projects in the United States that reduce emissions in the following sectors of: national forestry, urban forestry, ozone depleting substances and agricultural methane. 

However, in Phase 2, commencing in 2015, we are hopeful that the scheme will allow offsets from REDD+ projects in Acre, Brazil, as the State of Acre has a signed memoranda of understanding (MOU) with the State of California, attempting to work this out. At this time, it is still unclear how the program will work.

 If California accepts REDD+projects into the marketplace, it is possible for the Purus Project to be the first project leading the way for broader investment being placed into this forest protection and payment for ecosystem service projects.

Though there are still several prominent steps toward REDD+ inclusion into the California ETS, we will continue to create the best possible projects we can to protect these rainforests and its biodiversity while enhancing the lives of local communities. 

Published in carbonfree blog