We are convinced that the use of economical tools targeting GHG reductions is relevant, whether it is cooperative, regional, provincial/state, national or international. These community approach projects democratize the access to carbon market for SFE because it groups thousand of facilities/companies into a cluster that structures reduction activities, while pooling costs to access carbon credit buyers in regulated or voluntary market.
We are convinced that the use of economical tools targeting GHG reductions is relevant, whether it is cooperative, regional, provincial/state, national or international. These community approach projects democratize the access to carbon market for SFE because it groups thousand of facilities/companies into a cluster that structures reduction activities, while pooling costs to access carbon credit buyers in regulated or voluntary market.
Albeit somewhat educational, our first pages position our sustainable projects dedicated to SFE. The hundred of thousand even millions of facilities/companies throughout the world that can be group together in several clusters based on a regulatory, geographic, economic, social and environmental homogeneity. Today’s blog principally target companies, municipalities and governments who want to get involved in these projects activities. It is also aimed to motivate buyers (corporate, governmental or Carbon Funds) that support GHG reduction efforts originating from SFE, whether it is for considerations such as corporate social responsibility, regulatory compliance or other motivations. We do presume that our readers have a minimal knowledge of the climate changes issues and emission trading. Otherwise, we will refer appropriately.
Let’s start with the carbon credit. A carbon credit is a tradable certificate representing the right to emit one ton of carbon dioxide equivalent (tCO2e). This financial title is marketed on the carbon market, whether it is voluntary of regulated. A small final emitter of GHG is a facility/building emitting ≤ 25 000 TM of eCO2/year.
For illustrative purposes, for 2009 and as per the GHG Quebec inventory, about 70% of the GHG Quebec emissions originated from SFE . It represents hundred of thousand even millions of companies group together in thousand of buildings, all located in Quebec.
The ideal carbon project will be dedicated to SFE group together in a cluster and made of a community of companies (banners operating through hundreds or thousands of GHG emission’s site), or sites members of this Community on an individual basis. This is what Will Solutions inc. promotes through its Sustainable Community project.
These facilities are grouped together into the same territory and are motivated to get involved in the climate change issues, while being able to “monetarize” their GHG reduction efforts, as small as it is, and then securing the credits supply in the emerging regulated and voluntary market.
Martin Clermont, CEO of Will Solutions