scx: heading to a local carbon market september 29th, 2011
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SCX: Heading to a local carbon market September 29th, 2011. Where we started ?. Chile is the largest CER per-capita generator globally. It was clear that aggregated reductions under the CDM will not meet the required scale. - PowerPoint PPT PresentationTRANSCRIPT
SCX: Heading to a local carbon marketSeptember 29th, 2011
Where we started?
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Chile is the largest CER per-capita generator globally.
It was clear that aggregated reductions under the CDM will not meet the required scale.
Our country itself faces a challenge of reducing our exports’ carbon footprint.
New approaches were needed and today we see “the pretty, not the weird lady in the picture”.
Stick and/or carrot?
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Fighting climate change should be addressed by the “traditional” way? Apparently not.
We –as George Soros- believe that if we free the private sector’s power entrepreneurship to solve the problem, the force will be in motion sooner and stronger.
Fear paralyzes. Hope mobilizes
We had to have a message generating hope and delivered it using private sector’s language
Our perspective
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SCX attracted key people within some of the leading companies in Chile, with Latam expansion potential, and seduce them to build an industry of emissions’ reductions in the region and for creating a domestic demand.
If the certificates are not exported, Chile would not need a regulation.
So, leadership, passion, innovation, entrepreneurship and a little luck have taken us to where SCX is today.
Where are we?
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Started transactions in August 2011
Developed and implement a “CO2 Neutral” standard, label included.
Companies started the journey… we have a quite fair sales pipeline developed
This motion has already spread to others… not only SCX’s partners are part of it
The market is moving: Example of Concha y Toro
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SCX: Heading to a local carbon marketSeptember 29th, 2011
The market is moving:
Corpbanca’s example
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