The project demonstrates
financial additionality according to UNFCCC definitions because the revenues from the offset / REC purchases contribute a critical portion of the overall project funding.
The project demonstrates
financial additionality according to UNFCCC definitions because the revenues from the offset purchases contribute a necessary portion of the overall project funding.
For each new carbon reduction project, the NativeEnergy supply team conducts an extensive check, calculates the emissions that will be reduced, evaluates
financial additionality, and establishes a relationship with the project via site visits and meetings with project participants.
We calculate the emissions that will be reduced, evaluate
financial additionality, and establish a relationship with the project through site visits and discussions with project participants.
Not exact matches
As a preliminary test of this theory, I compare the latest data on the magnitude, distribution and
financial «
additionality» of climate funds and carbon markets.
As a firm believer in the concept of
additionality - basically, would the proposed renewable energy project have happened under «business as usual» conditions - he explained that offsets would only gain the upper hand through: «public perception (from closer press scrutiny of REC
financial figures); possible consumer fraud lawsuits testing deceptive marketing statutes; and perhaps most importantly a thriving domestic offset market built around regional climate schemes such as the Regional Greenhouse Gas Initiative, AB 32 in California, the Western Climate Initiative, and possibly a national cap - and - trade scheme down the road.»