Transcript Tod Delaney - The Challenge and Opportunity of Private Sector

Standards Development for Climate
Change

Consensus reached between
UNFCCC & ISO that internationally
accepted standards will be promoted
globally

Include processes for inventories, 3rd
party verification, competency, etc. to
ensure accurate emission reductions
(i.e., carbon offsets, green climate
bonds, and renewable energy)
 Establish best management practices
for climate adaptation planning
 Create common guide for
jurisdictions worldwide to meet
country commitments
Source: The Lab Book (2016), http://www.climate-lab-book.ac.uk/author/ed/
International Development Bank
May 2016
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CCCC Mandate
1. Review existing standards and guidance related to climate change
Mitigation – reducing greenhouse gas emissions
Adaptation – adjusting to the effects of global climate change
2. Review and assess needs and identify gaps for climate change standards
and guidance
3. Develop proposals for further studies
4. Collaborate with key international organizations on climate change (i.e.,
UNFCCC)
International Development Bank
May 2016
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Next Steps for 2016

Collaborate with UNFCCC to advance common goals in meeting future climate
change challenges

Work closely with ISO to advance and harmonize standards development related
to adaptation and mitigation, consistent with ISO’s strategic plan

Prioritize internal coordination between ISO committees on standards relating to
climate change

Increase acceptance and utilization of ISO climate change standards globally

Support communication between ISO/CS and the UNFCCC Secretariat, as well as
other international standards setting bodies

Complete review of outcomes of Paris COP 21 and resulting International
Negotiations with UNFCCC Secretariat and produce strategic plan to guide ISO
toward incorporation of the political landscape in future standards product;

Develop new guide that addresses aspects of climate change in all ISO Standards.
Guide should complement Guide 82 and CEN Guide 64
International Development Bank
May 2016
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From COP21
Mitigation
•
Based on Nationally
Determined Contributions
•
With legal commitment to
submit Nationally Determined
Contributions every five years
•
Public registry of Nationally
Determined Contributions
•
Principle of progressive
increase in levels of ambition
Adaptation
• Global challenge of adaptation linked to
mitigation ambition levels
• Recognition of adaptation as a global
contribution
• “Should” strengthen adaptation cooperation
• National adaptation plans and communicate
these internationally
• Public registry for adaptation contributions
• Report internationally
Finance
• Developed countries “shall” provide
finance for mitigation and adaptation
• All sources
• Biennial communication of finance
contributions
International Development Bank
May 2016
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ISO/UNFCCC → Civil Society
ISO
ISO TMB Climate Change Coordinating Committee
Standards
Development
Organizations
Climate
Change
Industry
Standards
Developers
Standards
Users (e.g.
Organization)
Stakeholder
Community
ISO High Level Climate Change Strategy
Technical Committees
Sector Standards
TC207 Environmental
Management
Guide 82 for
ISO Standards
Developers on
Sustainability
TC207 SC7 Mitigation and Adaptation Standards
Strategy, Engagement, Communications Group
Mitigation Standards
Adaptation Standards
Organization GHG Inventory Q&R
GHG Project Q&R Product
CFP Quantification V&V of
GHG Assertions Competency
And Accreditation
High-level Framework Standard
Pre-planning (vulnerability, data)
Context-specific Planning
Context-specific Implementation
Monitoring and Evaluation (M&E)
Competency and Accreditation
Combined Mitigation and Adaptation Standards (e.g. Project, Management)
ISO 14080 Framework Standard
International Development Bank
May 2016
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Green/Climate Bonds
 Investors willing to fund green
projects to support international
efforts
 Emergence of Green Bond Principles
and Climate Bonds Standard in
2015
– Private sector realizing opportunities
– New mechanisms to expand on
funds
 Green bond market growing quickly
 For first time, investors have project
eligibility and technical
specifications defining certified
Climate Bonds
ISO
Technical Area
Standard
Environmental
Finance
Communicating
Environmental
ISO 14063 of environmental
Assertions to Investors
attributes
measurement,
verification, &
ISO 14064 reporting
(environmental
attributes)
Verification of
Environmental
Financial Instruments
(Carbon Offsets,
Green Bonds, etc.)
Environmental
attributes
ISO 14065 verification
accreditation
(currently GHGs)
International
accreditation of
Environmental
Verification Bodies
Competency
Required technical
ISO 14066 requirements for competencies for
verifiers
environmental verifiers
Environmental
ISO 17065 attribute
certification
International Development Bank
May 2016
International
accreditation of
environmental
certification programs
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