Climate Change

Andrew Gilder, senior associate, Edward Nathan Sonnenbergs

Introduction
“May you live in interesting times . . .” – or so the Chinese proverb is supposed to run. For those working in the climate change and carbon markets, the adage applies no less aptly to current dynamics than to the period of breathless anticipation that existed before the Kyoto Protocol came into operation in February 2005. In fact, the similarities between present circumstances and the turmoil and uncertainty that existed in the middle of the last decade, in relation to the (then) nascent carbon market and the conflicting messages emanating from the international climate change negotiations, are likely to give rise to strong feelings of déjà vu for those who have been watching the climate and carbon space for long enough. However, given that the prevailing market conditions are more complex, dynamic and layered than was the position prior to February 2005, this article attempts to shine a light into one of the murkier and more arcane recesses of the market, particularly as these recesses apply to South Africa.

A unique carbon credit project has been implemented by MTN at its office park in Johannesburg. The first of its kind in the South African telecoms industry, this initiative has also been registered as a Clean Development Mechanism (CDM) project with the United Nations (UN).

More than 40 000 people attended Rio+20. It was the biggest United Nations conference ever held. According to secretary-general Ban Ki-Moon, the event was a huge success as about 700 commitments from various authorities and industry leaders across all sectors were made towards sustainable developments.

Tuesday, 14 August 2012 09:49

Measuring sustainability in agriculture

BASF has a sound track record when it comes to providing innovative solutions to promote sustainable agriculture. At a recent press conference the company showcased some of its solutions that helped farmers in recent years to marry the economics of farming with sustainability.

BASF will expand their line of biodegradable plastic compounds for architectural films. With Ecovio® F Mulch it is no longer necessary for farmers to retrieve the film from the field for disposal or recycling after the harvest. Farmers can simply plow it under, along with what remains from the plants.

Tuesday, 19 June 2012 09:10

Waiting on the Durban platform

Andrew Gilder, IMBEWU Sustainability Legal Specialists (Pty) Ltd.

The impacts of climate change, whether they are physical or commercial in nature, have the potential to affect all aspects of a company’s operations. Camco suggests that to address the multiple challenges which climate change brings requires an integrated, systematic approach and implementing a comprehensive climate risk management framework.

Tuesday, 03 April 2012 10:09

South Africa ranked low on EPI

In the latest Environment Performance Index assessment done by Yale University, South Africa was listed among the bottom ten countries when it comes to environmental investments and management. This paints a dark future in terms of sustainability and South Africa’s position in the global goals set to move to greener approaches.

Tuesday, 03 April 2012 10:07

Find a smart solution to weather changes

The impact of climate change not only influences energy security and the availability of water resources, but it also has a dire impact on food security. Strong action needs to be taken to improve agricultural techniques as this sector is currently part of the problem. The World Bank and various other organisations urge farmers to adopt climate-smart agriculture to become part of the solution.

Simple changes to a company’s corporate culture can save 30% in carbon emissions. According to Davide Vassallo of Dupont Sustainable Solutions, these adjustments can reduce emissions as well as maximise carbon-efficiency, increase productivity and reduce the costs of energy spending.