Category Archives: News

Dialog help to deliver renewable energy with ClimateCare

Dialog-Semi-ConductorDialog Semiconductor has teamed up with ClimateCare to offset its operational emissions for the first time.  Corporate responsibility and a commitment to sustainable business practices are important to the Dialog business model and a central component of Dialog’s strategy to deliver long-term profitable growth.  The decision to offset with ClimateCare whose programmes not only cut carbon but also improve lives, is a simple extension of Dialog’s commitment to sustainability.

Dialog wanted to find a project which had resonance with its business and The Tajikistan Hydro project, which cuts CO2 emissions and provides reliable, renewable electricity to communities in a remote region of central Asia was the ideal candidate. The stunning Pamir Mountains of south-east Tajikistan and northern Afghanistan are known collectively as the Roof of the World. Today, residents of the region say that a light is being shone on the roof of their world, thanks to this complete overhaul of their electricity grid.

“Our product designs include a range of green IC solutions; we are actively working to minimise the carbon footprint of our business. Offsetting our residual footprint is a natural next step and we’re delighted to partner with ClimateCare to support the provision of renewable energy to remote communities in Tajikistan and over the border in Afghanistan.  It’s heartening to know that the Tajikistan Hydro project we’re supporting with our offset funds is providing hospitals, schools, homes and businesses in these remote regions with a reliable electricity supply.” Jean-Michel Richard, Chief Financial Officer.

Read all about Dialog’s approach to sustainability in their sustainability report.

If you’re interested in further information about how you can support this project please contact business@climatecare.org. You can read more about the Tajikistan Hydro project here

ClimateCare Wins Carbon Finance Transaction of the Year Award

PRESS RELEASE:logo-climatecare1.gif
Thursday 2 April 2015

 

ClimateCare is delighted to win Environmental Finance’s Carbon Finance Transaction of the Year award, for a project that is kick-starting a new market for clean burning ethanol cookers that save lives and help tackle climate change. The award acknowledges its pioneering Revolving Fund model, something ClimateCare believes will act as a blue print for financing sustainable development projects around the world.

Speaking of ClimateCare’s award win, Radha Muthiah, CEO UN Foundation’s Global Alliance for Clean Cookstoves said: “We’re delighted that ClimateCare’s work to develop innovative finance for clean cookstoves and fuels has been acknowledged with this award. Their work to kick-start a market for next generation ethanol cookstoves – which virtually eliminate household air pollution – has the potential to save many millions of lives. It’s exactly this kind of initiative that is needed to create a thriving global market for clean household cooking solutions that will save lives, improve livelihoods, empower women and protect the environment.”

Jonathon Porritt, Founder, Forum for the Future said: “ClimateCare’s revolving fund model and cookstoves programme exemplify the real value that can be achieved from businesses collaborating with government to deliver innovative financial models at scale. This award-winning ethanol stoves project and DFID partnership is a leading example of new ways to finance sustainable development programmes, which both improve lives and tackle climate change.”

 

A New Market for Ethanol Cookers Will Save Lives and Fight Climate Change

In Kenya, 68% of household, primary energy still comes from woody biomass. The majority of this is burnt on smoky open fires and inefficient cooking stoves leading to air pollution and contributing to climate change. Demand for wood fuel also leads to deforestation, devastates biodiversity, reduces habitat for endangered species and reduces carbon uptake by forests.

Toxic fumes from these traditional cooking methods also have an impact, killing approximately 14,300 people in Kenya every year, and damaging the health of many more.

The UN endorses the provision of modern, efficient stoves (which reduce fumes and particulate matter) to address this issue.

Ethanol fuel (made from molasses, a bi-product of Kenya’s sugar manufacturing industry) is a clean burning, renewable fuel that cuts out indoor air pollution, saving lives. Using ethanol fuel also lowers greenhouse gas emissions – one ethanol stove saving 5 tonnes of CO2 per year, helping tackle climate change.

Whilst production of ethanol fuel might seem an obvious solution to household energy needs, ethanol cookers are out of reach financially for many families. As a consequence, there is limited accessibility of cookers and no distribution network for fuel.

ClimateCare, which has developed innovative financing streams for sustainable development for more than a decade, set out to address this and kick start the market for ethanol cookers and fuel. This meant selling cookers and ethanol fuel in tandem, creating distribution channels and marketing and selling the concept on the ground.

At least 8,000 families will benefit from the initial project, and as the concept is rolled out with new partners and in new locations, ClimateCare expect 50,000 people to benefit by the end of 2015. “But the overall impact will be much greater than this” explains ClimateCare CEO Edward Hanrahan. “Like many new markets, this one needs some help to pump-prime at the beginning. We expect the market to grow exponentially over time, as more people see the benefits and convenience of switching from woody biomass to ethanol. This will help create a steady, financially viable source of demand for the fuel and from there the market begins to function in its own right, bringing positive health and climate benefits at scale. To us, this represents true sustainability and as a profit for purpose business focussed on reducing emissions and improving lives, that is our ultimate aim.”

 

Judith-Awino-PR

Photo caption: Judith Awino sells ethanol fuel in Kibera. This distribution chain for fuel creates jobs and as the market commercialises will be part of the value chain that makes the programme financially sustainable over the longer term.

 

What’s the Role of Carbon Finance?

Carbon finance provides a partial but vital part of the finance for this project, and Hanrahan sees this award as an acknowledgement that the role of carbon finance is changing; “Carbon finance still plays a vital role in these projects and represents the value placed on the abated emission. The Sustainable Development impacts are a separate output and their value should be considered as a separate element. However by blending these separate outputs we can provide more resilient finance for the project, whilst still monitoring and valuing the carbon reduction outputs. This project is prime example of this blended finance model and I’m delighted it has been acknowledged through this award.”

 

Revolving-Fund-Image

Picture Caption: ClimateCare’s Revolving Fund model.

The Revolving Fund was initiated using donor finance from UK AID. The fund is used to subsidise the price of ethanol stoves, making them affordable to communities. It also provides loans to assist purchase through local saving co-operatives, with a payback facility through the M-Pesa Pay Bill system. Sales of carbon credits top up the element of the fund that is reduced by providing the initial stove subsidy, allowing the fund to reach more and more people, and the project to grow. This Revolving Fund model is a blue print that ClimateCare is already rolling out across other projects.

ClimateCare has already had interest from several parties in purchasing the carbon credits from this project. The buyer will be playing an essential role in helping change the way people cook, for good – tackling poverty, improving health and protecting the environment.

 

Vote for this Project

This project has been nominated for a 2 degrees Champions Award under the Social Value category. Please show your support for this project by voting on the 2degrees website and help us demonstrate the potential for ethanol cookers to improve lives and tackle climate change.

-ENDS-

 

Press Enquiries and Image Requests

Please contact: Rhiannon Szmigielski, ClimateCare
Tel: +44 (0)1865 591008
Email: rhiannon.szmigielski@climatecare.org

 

Notes to Editors

ClimateCare
ClimateCare is a profit for purpose company. We believe that climate change, poverty and sustainable development cannot be tackled in isolation. And that we cannot rely solely on aid. Governments and business must work together to deliver the speed and scale of change required to secure a sustainable future.

That’s why, for the past 18 years, we have mobilised the power and scale of both private and public finance for integrated Climate+Care programmes, which deliver positive environmental and social impacts around the world.

We combine the vision of a social enterprise and the commercial experience of an investment bank. Leveraging mainstream funding, we profitably deliver some of the largest, most successful sustainability initiatives in the world. To date we have worked with hundreds of partners to cut over 16.5 million tonnes of CO2 and at the same time, improved the lives of 6 million people.

Businesses and Governments alike, see the value and sense in our integrated Climate+Care approach and we have set an ambitious vision for 2020. To cut a further 20 million tonnes of CO2 and improve the lives of another 20 million people.

Find out more at www.climatecare.org

Twitter: @ClimateCare

 

ClimateCare and Efficient Cookstoves
ClimateCare is a leader in the implementation of cookstove projects and was a signatory at the UN’s recent Global Alliance of Clean Cookstoves Summit.

Nearly 3 billion people still cook their food and heat their homes with traditional cookstoves or open fires and 4 million people die prematurely every year from exposure to smoke from these cooking methods – more than HIV, malaria and tuberculosis combined.

Improved cookstoves offer a simple solution, reducing indoor air pollution. They also cut fuel costs for families, create local jobs and help tackle climate change.

ClimateCare led the development of innovative funding for cookstoves. It wrote the first consolidated methodology that allowed carbon finance to be used to support clean cookstoves and was the first company in the world to fund an improved cookstove project through carbon finance. Through this mechanism to date, it has improved life for 6.5 million people through cookstove projects and cut 2.6 million tonnes of CO2.

Key supporters of cookstove projects include Jaguar Land Rover, who funded the first ever Gold Standard cookstove project through ClimateCare, and who have helped provide stoves to 832,000 families. The Co-operative and Aviva have also made significant contributions funding provision of stoves to 350,000 and 57,000 families respectively.

And if everyone already offsetting voluntary carbon emissions did so through a cookstove project, together they could help improve the lives of 432 million people, saving them £7 billion in fuel costs and generating £229 million of employment.

 

Partners in this Initial Ethanol Cooker Project

  • UK Department for International Development – The Department for International Development (DFID) is leading the UK Government’s fight against poverty. Through its Climate Change programme, it contributes to the overall UK International Climate Fund (ICF) objectives on low carbon and climate resilient development.
  • Safi International – a bioethanol stove and fuel company, designing, developing and manufacturing modern bioethanol cookers.
  • Umande Trust – a community trust in Kibera, specialising in both sanitation and micro finance, empowering members through access to new savings and credit facilities.

Associated Engineering – supporting families in Ghana with ClimateCare

Canadian engineering firm Associated Engineering has chosen ClimateCare to offset its unavoidable carbon emissions. Associated Engineering is fully committed to incorporating sustainability into its everyday operations as well as the projects it designs for clients. The company has adopted its Carbon Neutral Policy as a visible measure of its commitment to the environment since 2007 and working with ClimateCare helps to mitigate its environmental impacts. This year the company has chosen to offset through ClimateCare’s efficient cookstoves programme which not only reduces indoor air pollution, but also cuts fuel costs for families, creates local jobs and helps tackle climate change.

Associated Engineering CEO Kerry Rudd said “As a consulting engineering firm we are involved in building communities; but we take it beyond the ‘bricks and mortar’ to address community needs and support those who are less fortunate than us. Projects like the Gyapa Stoves programme not only reduce emissions but also create jobs in the efficient cookstoves market in Ghana.”

Find out more about Associated Engineering’s commitment to sustainability on its website.

If you too would like to offset your unavoidable carbon emissions and support projects that protect the environment and improve lives, use our online calculator or contact a member of the team today on +44 (0)1865 591000.

Companies who offset lead the way in carbon management says new report

If you offset your carbon emissions with ClimateCare, then you are in good company.

A new report: The Bottom Line: Taking Stock of the Role of Offsets in Corporate Carbon Strategies, shows that organisations who offset emissions are more likely to:

  • Have a comprehensive carbon management strategy in place
  • Establish an emissions reduction target
  • Engage customers and employees with sustainable behaviour change
  • Switch to cleaner transportation
  • Design more sustainable products
  • Install low carbon energy
  • Make buildings and processes more energy efficient.

The typical offset buyer cut almost 17% of their scope 1 (direct) emissions in 2013, while the typical non offset buyer reduced scope 1 emissions by less than 5% in the same year.

The report highlights that companies offset for two main reasons. Some ‘use offsetting as a last resort, squeezing every last tonne of carbon dioxide out of their own operations before investing externally’. Others use offsets as a bridge to buy time, while they work out how to reduce emissions directly. Either way, the report explains that offsetting is ‘an indicator that a carbon management strategy is in place‘.

Whilst not everyone shouts about their offsetting activity, 265 leading businesses reported that they offset their carbon emissions, based in 32 countries and across every continent. Four out of five of these offset buyers are voluntary rather than driven by regulatory obligations – the top 100 companies are listed in the report.

Read the full report here.

You might also be interest in reading about the positive economic, environmental and social impacts offsetting delivers here

Find out how your organisation can benefit from offsetting carbon emissions by contacting business@climatecare.org or calling +44(0)1865 591000. 

 

Shortlisted for 2 degrees Social Value Award

ClimateCare is helping to create a new market for clean burning ethanol cookers in Kenya. As well as cutting carbon emissions, this will help entire communities leapfrog traditional development pathways, by making ethanol cookers affordable.

This work has been shortlisted for a 2 degrees Social Value Award. Read more about how ethanol stoves have the potential to save lives and protect the environment.

And, if you like what you read, please show your support by voting for this project!

Tackling climate change and ending poverty must go hand in hand, says Lord Stern

In a new paper, released ahead of global conferences on financing sustainable development and tackling climate change, Lord Stern highlights the need for integrated action to tackle climate change and alleviate poverty. He argues that climate finance could act as a catalyst for trillions of dollars of low-carbon investment – read more in this article in Business Green

It’s great to see growing support for the integrated Climate+Care approach that has been central to our business model for 18 years. In his latest blog, 5 ways to care for the climate and people, Edward Hanrahan highlights some of the synergies that are possible when you tackle these issues together.

Empowering Women on International Women’s Day

This Sunday it is International Women’s Day and the theme this year is Making It Happen.

ClimateCare partners, from businesses to NGOs and governments are already doing just that – helping to empower women across the globe through integrated Climate+Care programmes that improve lives and tackle climate change.

Many ClimateCare partners support safe water projects, meaning women and girls no longer need to spend hours every day, collecting firewood to boil water and make it safe to drink.

While the provision of treadle pumps can increase crop yields helping to create greater prosperity which in turn helps to pay for children’s food, education and health care.

Modern, efficient stoves cut indoor air pollution meaning women and girls are less likely to suffer from respiratory disease. They also cook food more quickly and require less fuel and   saving money that can be put to better use.

Read more about how Climate+Care programmes are empowering women around the world and read our latest blog to find out why empowering women is such a central part of sustainable development.

 

ClimateCare helps to put sustainable business on the map!

At today’s Supply Chain Summit in London, the 2degrees network launches its Global Collaboration Map – a unique tool that aims to help corporates tackle the major sustainable supply chain issues through collaboration.

Since its formation 18 years ago, ClimateCare has specialised in projects that protect the environment, improve people’s lives and deliver measurable return on investment. These integrated Climate+Care programmes, delivered within supply chains,  are exactly the kind of collaborative projects that  feature on the map.

When the Co-operative identified a lack of access to safe water as a key issue for their Fairtrade tea pickers, they worked with ClimateCare to develop a bespoke insetting project to provide safe water to 14,000 people within  their supply chain. As well as improving lives, increasing productivity and strengthening relations with communities the business relies on, this project is also delivering measurable emission reductions.

Similarly, ClimateCare developed a project within the UK supermarket supply chain. Using funds from the UK’s Department for International Development (DFID) Finance Innovation for Climate Change Fund (FICCF) programme – this programme  provides efficient cookstoves to 11,000 farm workers in Kenya, who  supply flowers and vegetables to major supermarket chains in the UK and European markets. These stoves cut toxic fumes that kill 15,000 people in Kenya every year,  improving the health of Finlays’ supply chain workers as well as cutting around 10,000 tonnes of CO2 per year.

To learn more about how ClimateCare can  create similar  projects in your supply chain then contact our team today on +44 (0)1865 591000.

New Video: What our partners think of Climate+Care

At a recent event to celebrate our Queen’s award, we launched our new vision for 2020. We also took the opportunity to ask some of our partners what they thought of our integrated Climate+Care approach. Here’s what they have to say:

If you would like to protect people and the environment through our Climate+Care programmes then contact us today: +44 (0)1865 591000

New Report Ranks Water as Top Global Risk for 2015

Access to safe water supplies, flooding, drought and water pollution have now been ranked as the most serious threat to business and society in 2015. The World Economic Forum’s 10th Global Risks report surveys nearly 900 senior leaders in politics, business and civic life about the world’s most critical threats and Water Crises has been ranked as the most significant risk in terms of its potential impact.

ClimateCare partners such as Jaguar Land Rover and The Co-operative are taking action to help mitigate such water risks by supporting integrated Climate and Development programmes.

Jaguar Land Rover has been a long-time supporter of the Lifestraw Carbon for Water project. This project provides families with simple water filters, meaning they no longer need to boil water on wood fires in order to make it safe. Last year Jaguar Land Rover supported this project across the entire Busia region of Western Kenya, helping to provide more than 700,000 people with safe water to drink, and reducing their exposure to waterborne diseases. At the same time, this activity cut enough carbon to offset the company’s entire UK manufacturing operations.

The Co-operative has taken steps to tackle climate change while supporting the communities within its own Fairtrade supply chain. Having identified a lack of access to safe water as a key issue facing workers in their supply chain, The Co-operative, in partnership with ClimateCare, set about extending the AquaClara project to communities in Kericho, Kenya. It is expected that this extension will cut 6,462 tonnes of carbon and provide safe water to 14,000 people.

And it’s not just about having safe water to drink and wash with. Managing water flows in a changing climate is becoming increasingly important. For example, India despite being water rich for the most part, lacks the necessary water related infrastructure to support its growing population. Projects such as the award winning Treadle Pumps project help address this by providing a reliable and affordable means of irrigation to rural farmers. This project is helping to reduce soil erosion and cut CO2 while empowering farmers and tackling rural poverty.

If you would like to support water projects that help tackle climate change whilst mitigating the risks of potential water crises then contact a member of our team today: +44(0)1865 591000