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Marine Insetting: A Game-Changer for Green Shipping
Have you ever reflected on the vital role the maritime industry plays in transporting 90% of the world’s trade? While the industry is undeniably crucial, the question remains pressing: how can it become more environmentally sustainable? An innovative solution, known as maritime insetting, has the potential to significantly reduce or eliminate the additional costs associated…
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Managing Price Risk To Accomplish Net Zero Commitments
As corporations work to decarbonize, procuring environmental commodities and managing price risk is increasingly challenging and complex. On one hand, environmental commodities are becoming more differentiated regarding quality, function, geography, usability, and integrity. Conversely, a growing consensus about the need for- and inevitability of- carbon price growth threatens the durability and affordability of decarbonization commitments.…
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Unlocking APAC’s Climate Potential
The Asia Pacific region plays a pivotal role in the battle against climate change due to its extensive population, significant economic sway, and substantial carbon emissions. With nearly 60% of the world’s population, APAC contributes a 45% to the global GDP and carries approximately 50% of worldwide corporate emissions. The region is poised to play…
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How do CELs and I-RECs Coexist in Mexico?
Dive into Mexico’s Renewable Energy Market Mexico’s energy regulation has allowed two different EACs, or Energy Attribute Certificates, to coexist and complement each other in the market: Clean Energy Certificates (CEL) and International Renewable Energy Certificates (I-REC). CLEAN ENERGY CERTIFICATE (CEL) With the implementation of the Electricity Industry Law, in 2014, the Wholesale Electricity Market…
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¿Cómo conviven los CELs y los I-RECs en México?
Análisis del mercado mexicano de energías renovables La regulación energética de México ha permitido que coexistan y se complementen en el mercado dos EAC diferentes, o Certificados de Atributo Energético: Los Certificados de Energías Limpias (CELs) y los Certificados Internacionales de Energías Renovables (I-REC). Con este artículo, descubra cómo coexisten los CELs con los I-RECs…
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Ensuring Additionality
Carbon offset projects are initiatives or activities designed to reduce or remove greenhouse gas (GHG) emissions from the atmosphere. It is a way for companies to offset their emissions in the short term as they work towards their emissions reduction targets, as well as to offset emissions that cannot (yet) be eliminated. WHY IS ADDITIONALITY…
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Klimaschutzverträge
Angesichts der sich abzeichnenden globalen Klimakrise suchen Nationen auf der ganzen Welt aktiv nach innovativen Strategien zur Reduzierung der Treibhausgasemissionen und zur Bekämpfung des Klimawandels. Deutschland, das für sein Engagement für erneuerbare Energien und nachhaltige Praktiken bekannt ist, hat ein ehrgeiziges Finanzierungsprogramm namens Klimaschutzverträge (CCfD) eingeführt. WAS IST DAS ZIEL? Das Ziel der Klimaschutzverträge besteht…
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Klimaschutzverträge: Germany’s ambitious funding program
As the global climate crisis continues to loom large, nations around the world are actively seeking innovative strategies to reduce greenhouse gas emissions and combat climate change. Germany, known for its commitment to renewable energy and sustainable practices, has introduced an ambitious funding program called Klimaschutzverträge, or Carbon Contracts for Difference (CCfD). WHAT IS THE…
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Comparing EU CSRD vs. US SEC
WHY DO THESE REGULATED SUSTAINABILITY DISCLOSURES EXIST? For private companies, climate disclosures are currently done on a voluntary basis, often driven by stakeholder pressure. Though there are standard frameworks available through organizations such as CDP, GRI, and B Corp, a significant number of global companies still do not disclose or do so inconsistently. Both the…
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8 things every CFO should know about the financial impact of climate change
Climate change has become a critical financial issue for corporations worldwide. The adverse effects of climate change pose significant risks to the profitability and sustainability of businesses across industries. Therefore, it has become evident that investing in climate change mitigation and adaptation strategies is necessary for business to survive. In this blog post, we will…