Steering a carbon offset project all the way from project initiation through to the issuance of carbon credits can be a long and rocky journey. Managing a project portfolio in line with an investor’s business objectives requires an understanding of the unique risk profile produced by the different carbon offset trading schemes.
A number of obstacles contribute to increasing risk for potential carbon offset projects. New guidance from the Clean Development Mechanism (CDM) Executive Board or changes in requirements for Designated Operational Entities may delay the registration and in some cases even make the project ineligible under the scheme.
Lack of documentation or misinterpretation of requirements may prevent the successful validation and registration of the project. Furthermore, incomplete monitoring or changes in the operation of a project could jeopardize the issuance of carbon credits.
This course provides the participants with a framework within which to analyse and manage the regulatory risks as well as the operational risk of carbon offset projects, from a portfolio perspective.
What are the benefits?
After the course, participants will be able to make informed decisions on the composition of carbon offset project portfolios.
The progress of the course modules follows each step of the project development and implementation, with examples and cases gathered by DNV through many years of experience as a Designated Operational Entity with a central role in the CDM, JI and voluntary schemes.
For whom is this relevant?
The course is intended for portfolio managers in investment funds, project developers and corporate emitters, and assumes that investing in offset projects has been defined as part of the company’s carbon strategy.
What will you learn?
After completing the course, the participants will be able to:
• Understand the characteristics of a carbon offset project portfolio
• Identifying and manage key regulatory and operational risks related to carbon offset projects.
The main focus will be on project portfolios dominated by CDM projects.
Requirements
General knowledge of the CDM regulatory system is recommended.
Duration
2 days (can be adapted to a 1-day schedule).