It is expected that the rapidly increasing concentration of green house gases (GHGs) will increase the global mean surface temperature by 1.4 – 5.8o C over the next 100 years. The repercussions of this will be severe particularly for developing countries, as their lack of resources makes them vulnerable to emergencies on a large scale.
Under the Kyoto Protocol, Annex I countries of UNFCCC have taken binding commitments to reduce GHG emissions. The Kyoto Protocol provides for project based mechanisms, Clean Development Mechanism in particular, that allow a non Annex - I country like India to participate by developing projects that reduce GHG emissions below the "business as usual" scenario and contribute to sustainable development. The emission reductions from eligible project activities can be used by Annex I countries or entities authorized by Annex I countries to meet their commitments to reduce GHG emissions.
If this is your situation:
You are a private sector or a government company or a non government organization situated in a developing country:
- That is currently using fossil fuel as its primary energy source and wants to switch to cleaner fuels to meet your energy requirement
- That currently has industrial processes which let off waste heat and gases that are not being captured and put to use
- That is engaged in power generation from renewable sources such as biomass, solar, wind, hydro
- That has scope to reduce its overall energy requirement by improving its energy efficiency
- That is engaged in capturing or avoiding methane from waste
- That has industrial processes or products which emit specific waste gases including hydrofluorocarbons, perfluorocarbons, nitrous oxide and sulphurhexafluoride which are captured or avoided
- That is engaged in forestry activities
How PwC can help:
If you are engaged in any of the activities above, PwC Carbon Finance can help you realize the benefits of emission reductions. We provide comprehensive assistance to our clients starting from identifying opportunities for GHG emission reductions, steps leading to registration with the CDM Executive Board and transacting emission reductions.
Our Services:
- Identifying cost-effective emission reduction projects
- CDM project documentation and regulatory approvals
- Development /application of baseline methodologies
- Marketing of GHG emission reductions
- Managing transactions of GHG emission reductions
- Raising finance for CDM project activities
