CWR Publications
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Creating Climate Wealth - Singapore Pre-Read 2013Executive SummaryWelcome to the Creating Climate Wealth 2013 Singapore Summit. Climate change presents one of the greatest challenges in human history – a challenge that transcends national boundaries, income, ideology, race, or ethnicity. Overcoming that challenge will not be easy, but proven clean technologies enable us to face climate change profitably, meaning that overcoming the challenge can result in one of the greatest wealth creation opportunities ever – a modern industrial revolution that could radically reshape society and our planet. The world can no longer afford to be intimidated by the magnitude of the climate crisis, nor into believing that we must choose between economic prosperity and environmental security. Creating Climate Wealth Summits are a pillar of the Carbon War Room’s work. These unique, outcome-oriented workshop series are model after our organization’s sector-based approach to solving challenges. This exclusive event will convene executives, investors, academics, entrepreneurs, and public sector representatives into sector-specific ‘working tracks’ – roundtable discussions facilitated by our staff and chaired by sector leaders. Singapore is the ideal location for this event, the first ever Creating Climate Wealth (CCW) Summit to be held in Asia. With a commitment to reduce emissions by 16% by 2022, Singapore has a strong track-record of addressing climate change while supporting business development. For the last two decades, Singapore’s economy has grown while its energy- and carbon-intensity has fallen substantially – a model for our work around the world. Singapore also faces challenges that resonate in many cities – limited resources such as land and water that must support a booming population of ever-growing affluence. Therefore CCW Singapore will largely address questions of global trade and urban management. Over the course of two days, attendees of CCW Singapore will collaborate within their elected working track groups to identify opportunities and develop strategies for accelerating the deployment of clean technology in their sectors, overcoming market barriers and driving growth in the low carbon economy. Those strategies will then be published and pursued, serving as concrete pathways for all stakeholders invested in achieving substantial low-carbon growth in these sectors. |
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Machine to Machine Technologies: Unlocking the Potential of a $1 Trillion IndustryExecutive SummaryBreaking the Barriers of a $1 Trillion Industry: New Insights on Machine to Machine Technologies [M2M] Carbon War Room proposes strategies for M2M technologies industry to transform key sectors, and reduce greenhouse gas emissions by 9 billion tons Machine to machine (M2M) communication – whereby sensors and networks allow all the parts of a physical system to communicate directly with each other – will radically change the way we work, live and travel. M2M will allow us to do more with less, but only if the industry can overcome current market barriers. The potential for M2M technologies to drastically change the way we do business, streamline operations and curb our environmental impacts is evident, but there are significant market barriers that must be addressed to realize the full scalability of these technologies. The report identifies the challenges that threaten the industry from reaching its full potential, and offers solutions for overcoming them. |
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Pathways to Efficiency in the South Asia Brick-Making IndustryExecutive SummaryAsia produces approximately 1.2 trillion bricks per year (Heierli & Maithel, 2008). The global brick industry is a major source of carbon dioxide (CO 2) emissions. This does not include any of the other inputs used during the brick production process or the diesel required to transport the bricks. Just from the coal consumed, the brick industry in the top five Asian brick-producing countries emits 1.2% of total global anthropogenic CO 2 emissions.1 Brick kilns are significant emitters of black carbon, which is known to contribute to climate change and local health problems. Black carbon and suspended particulate matter (SPM) are the second-largest contributors to global Significant emissions reductions can be achieved through a portfolio of solutions, specifically kiln switching, improved firing processes and dissemination of resource efficient bricks (REBs). Despite the challenges of scaling-up emissions-reducing technology, this report identifies a series of opportunities for energy investment, knowledge sharing and potential partnerships in the brick industry. Brickmaking Process Emissions Profile Market Analysis Reducing Emissions Investment Opportunities Challenges and Solutions to Reducing Emissions |
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Road Transport: Unlocking Fuel-Saving Technologies in Trucking and FleetsExecutive SummaryThe Carbon War Room is considering the potential for achieving growth-positive and gigaton-scale greenhouse gas (GHG) emissions reductions in the operation of ground freight trucks and other commercial vehicles. At present, the global trucking and commercial vehicle sector is incredibly diverse in terms of the vehicles being used, as well as the purposes for which they are used and the conditions under which they are used. There is an almost equally wide range of proven technologies currently on the market that can increase the fuel efficiency of these vehicles. Confronted with a lack of globally-applicable hard data, the Carbon War Room has assessed a slice of Notwithstanding our limited scope, our findings are substantial. If the tractor-trailer fleet of the United States alone were to adopt just seven efficiency technologies, the trucking sector would save 624 million tons of CO2 emissions by 2022. Though the sector’s diversity made the generation of more comprehensive figures difficult, the relative simplicity of the technologies in question allows us to confidently conclude that there is enormous potential for emissions reductions to be found in scaling the adoption of money-saving fuel efficiency technologies throughout the trucking and commercial vehicle sector worldwide. Key Findings
Key Barriers |
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Improving Building Performance: A Guide to Energy Efficiency TechnologiesExecutive SummaryThis white paper is intended to give building owners and operators a roadmap on reducing the energy consumption of their buildings. In many cases, knowing where to start is part of the challenge, and sometimes the allure of renewables, retrofits and even conservation efforts deflect attention from simply optimizing the existing building first. The pages that follow will outline an ordered approach to getting started and set the stage for deeper research on defining building performance goals and prioritizing implementation measures that achieve those objectives. This white paper will begin in Section 1: Getting Started with a discussion about why building owners interested in maximizing internal rate of return (IRR), should care about energy efficiency. In Section 2: A Plan for Implementation we provide a systematic order of intervention measures that can achieve the highest return for the lowest cost. In Section 3: The Deep Retrofit: Using Capital Wisely we highlight how to go from energy efficiency measures that reduce consumption from 5-20% to deeper retrofits that can improve efficiencies by up to 75% but require finance. |
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Gigaton Analysis of the Cement IndustryExecutive SummaryPotential for Gigaton Scale Reduction of CO2 in Cement Industry Aggressive pursuit of proven carbon intensity reduction measures has the potential to reduce emissions by 0.9 Gt to 3.4 Gt annually before 2020. Upgrades to existing cement plants and the construction of new buildings using efficient technologies translates to at least a 0.9 Gt emissions savings. The largest potential source of reductions with proven technology is the accelerated use of alternative fuel (370 Mt), followed by clinker substitution with alternative materials (300 Mt), thermal energy efficiency improvements (140 Mt), and electricity efficiency improvements (90 Mt). Emerging technologies have the potential to further reduce emissions significantly. Since calcination is the primary source of emission in the cement industry, the most promising technologies going forward are binders that are adequate alternatives to clinker. These include alkali-activated, magnesia, and sulfo-aluminate cements. Another promising class of technologies – those with the potential to sequester CO2 from flue gas and process it to produce building materials – is fast emerging, but is unlikely to scale within the time frame of interest. The potential for scaling traditional methods of carbon capture and storage (CCS) is remote, owing to high estimated capital costs for using such technology – $592.9 billion according to the IEA BLUE scenario, with little expected return without a price on carbon. |
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Gigaton Analysis of the Livestock IndustryExecutive SummaryGlobal emissions from livestock production account for 7.5 gigatons (Gt) of carbon dioxide equivalent (CO2e) per year, representing 18 percent of manmade greenhouse gas (GHG) emissions. The main sources and types of greenhouse gases from livestock systems are CO2 from land use and its changes (feed production, deforestation), which accounts for 32 percent of emissions from livestock; nitrous oxide (N2O) from manure and slurry management, which accounts for 31 percent; and methane (CH4) production from ruminants, which accounts for 25 percent of emissions and is a GHG that is 21 times more potent than CO2. Strategies for Reducing Emissions from Livestock Production Deforestation in Brazil Presents the Greatest Threat and Opportunity This dramatic increase in cattle production stands to increase deforestation and drive up the associated environmental degradation. The primary cause of this is the current cattle management practice in Brazil, which suggests one cow per ha. Therefore, in an effort to obtain more useable land through deforestation, the impact of doubling cattle exports would be to double the CO2e emissions from Brazil by 2018.6 The deforestation component of cattle ranching in the Amazon produces 10 times more CO2e per kg of meat than the industrial intensive, concentrated animal feeding operations used in the United States. However, there are options to deter this increase in deforestation and green house gas emissions. For instance, agricultural residues and silage can be included in cattle diets, and grazing densities can be increased to up to six Barriers to Implementation |
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Shipping Efficiency ReportExecutive SummaryShipping Fleet Transformation is a Compelling Investment Opportunity for the Next Decade |
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CCW 2012 Pre & Post Summit Reports
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Creating Climate Wealth - Germany, Berlin 2012 Summary & Action PlanExecutive SummaryOn 13-14 September 2012, the Carbon War Room convened leading executives, investors, academics, entrepreneurs, and select public sector representatives in Berlin, Germany for the first German Creating Climate Wealth (CCW) summit. The Creating Climate Wealth summit is a unique, outcome-oriented workshop with a sector-based approach to solving problems. In the aptly chosen former mansion of Friedrich Christian Correns, entrepreneur and founder of battery-maker Varta, today’s clean technology leaders put their heads together to create opportunities for profitable carbon reductions. With the splendid turn-of-the-century surroundings nurturing innovative, cutting-edge ideas, attendees applied their expertise in one of six working tracks:
For all of these sectors, Carbon War Room finds that mature technologies exist which have the potential to reduce greenhouse gas emissions (GHGs) while providing strong returns on investment. So why are these technologies not already enjoying widespread adoption? Major market barriers are standing in their way, jeopardizing the world’s chance of meeting critical climate stabilization targets and constraining wealth creation. Within their working tracks, attendees identified and analyzed the most pressing barriers to green market growth, and then developed solutions for overcoming those barriers and accelerating the deployment of clean technology. Working Selection Process Results |
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Creating Climate Wealth Germany - Berlin 2012 PRE-READExecutive SummaryWelcome to the Creating Climate Wealth Workshops, Germany 2012 Accelerating capital to profitable, scalable clean technology has never been more timely, as political paralysis in the world’s largest clean energy markets seriously impacts investment in clean energy. In the second quarter of 2012, project finance, mergers & acquisitions, and venture capital and private equity deal volumes all hit new lows. Germany – the third largest exporter worldwide – has been the first big industrial country to shift towards renewables. Facilitated by feed-in tariffs and the German Renewable Energy Act, the country now enjoys over 25 gigawatts of domestic solar generation (despite relatively low sunlight levels), complemented by over 22,664 wind turbines generating 30,000 megawatts of power. With local small and medium-sized enterprises leading the world Creating Climate Wealth Germany 2012 is a workshop-driven convening, comprising a unique mix of 200 motivated executives, investors, entrepreneurs and other leaders from both private and public sectors. The workshops aim to fast track the amazing wealth creation opportunity found in deploying profitable clean technologies at scale across industrial sectors. Over the course of two days attendees will collaborate within their elected working track groups to identify opportunities and develop strategies, overcoming market barriers and driving growth in the low-carbon economy. These strategies will then be published, serving as concrete operational pathways for all stakeholders invested in achieving profitable, substantial emissions reductions in these sectors. The seven working tracks are laid out on the page opposite. Across industrial sectors, Carbon War Room finds that mature technologies exist that have the potential to reduce greenhouse gas emissions while providing strong returns on investment. Yet we also find that major market barriers are preventing those technologies from achieving widespread adoption, jeopardizing the world’s chance of meeting critical climate stabilisation targets and constraining wealth creation. Year round, the Carbon War Room builds on the insights generated by Creating Climate Wealth attendees, with many becoming fully active operations (for more details, please visit www.carbonwarroom.com). The workshops also facilitate networking among attendees – much of its enduring value comes from the relationships and partnerships developed there. We hope that the strategies and solutions that come out of this summit will lead to concerted action by all summit attendees in these sectors going forward. We hope you enjoy CCW Workshops Germany, Berlin and would like to thank our partner TRIAD Berlin; presenter VW Think Blue; sponsors AT & T, Avesco and Younicos; our media partner Pipeline Clean Energy; and a large number of supporters for their generosity. |
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Creating Climate Wealth - North America 2012 Summary & Action PlanExecutive SummaryOn 27 and 28 March 2012, the Carbon War Room convened executives, investors, academics, entrepreneurs and select public sector representatives in Washington, DC for the third North American Creating Climate Wealth (CCW) summit. Attendees focused their expertise within one of six ‘working tracks’, composed of roundtable discussions facilitated by Carbon War Room staff. The topics considered were: Aviation & Renewable Fuels; The Carbon Negative Economy; Energy Access; Energy Efficiency: Built Environment; Sustainable Agriculture: Livestock; and Trucking. For all of these sectors, Carbon War Room research finds that mature technologies exist which have the potential to reduce greenhouse gas emissions (GHGs) while providing strong returns on investment. However, major market barriers are preventing these technologies from achieving widespread adoption, jeopardizing the world’s chance of meeting critical climate stabilisation targets and constraining wealth creation. Within their working tracks, attendees identified and analysed the most pressing barriers to green market growth, and then developed a set of solutions for overcoming those barriers and accelerating the deployment of clean technology. At the end of their two-day discussions, each of the six working track groups presented its most promising strategy to a plenary session chaired by a panel of major investors and change-makers. This publicly available report summarizes the working tracks’ discussions and strategies in the hope that they may serve as operational pathways for all stakeholders invested in achieving substantial emissions reductions in these sectors. Though the working tracks considered complex issues, the solutions presented here are concrete and actionable. They address specific barriers, provide near-term benchmarks for success, and identify relevant actors along with the roles they can play. The CCW summit is a unique, outcome-oriented workshop, with a sector-based approach to solving problems. It opens doors, building knowledge, confidence and information sharing. Much of its enduring value comes from the relationships and partnerships developed at the summit – relationships which then facilitate the successful implementation of the summit’s catalytic solution strategies. Furthermore, the summit’s findings form part of the basis of the work of the Carbon War Room and our partners over the following year in a given sector. Two of the working tracks summarized here – Aviation & Renewable Fuels and Energy Efficiency: Built Environment – are active Carbon War Room operations already, pursuing strategies developed at previous summits. At this meeting we sought to refine and build upon them while bringing more stakeholders into the discussion. The other four tracks – The Carbon Negative Economy, Energy Access, Sustainable Agriculture: Livestock and Trucking – are currently in the research and scoping phase, as the Carbon War Room gathers more information about barriers and opportunities in these sectors. In addition to using the Creating Climate Wealth summit to guide our own operations, the Carbon War Room charges all attendees to ask themselves certain questions: How do I participate in this solution? What can I do to move this forward? These solutions require the concerted co-operation of multiple stakeholders. But with work comes reward, as each of the emission reduction strategies presented here are structured to provide profitable returns on investment and catalyse economic growth in their sectors. |
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Creating Climate Wealth - North America 2012 PRE-READExecutive SummaryWelcome to Creating Climate Wealth Summit (CCW) | North America 2012, presented by the Carbon War Room The Carbon War Room is passionate about eliminating market failures and moving capital to entrepreneurs in clean technology. Our active projects have all been started through solutions suggested at previous Creating Climate Wealth Summits, and all our future ones will start here. Over the last 12 months, we have been putting the solutions and outputs from last year’s CCW North America Summit to work. In September we launched the PACE Commercial Consortium, a solution recommended in the energy efficiency track, which included Barclays Capital, Lockheed Martin, Energi, and Ygrene. The Consortium has already unlocked $650 million of private capital for energy efficiency retrofits in Sacramento, California and Miami-Dade County, Florida. This year, we hope to accelerate these efforts as well as facilitate new consortia in a bid to reach our $1.5 billion target of deployed private capital in energy efficiency retrofits by the 2012 London Olympics. December saw the launch of RenewableJetFuels.org, the world’s first online market information service analysing the leading companies set to supply commercial-scale renewable fuel for aviation. Launched by the Carbon War Room and powered by Elsevier Biofuel TechSelectTM beta, this new information solution also came directly out of last year’s Washington event. We are currently promoting the tool to investors, engineers, operators, and fuel buyers so that they can use this data to compare suppliers on technical performance, economic viability, and carbon footprint. At this year’s Summit, we are excited to continue our work in energy efficiency and aviation, as well as to offer four new working tracks to identify specific pathways to accelerating deployment of renewable energy and clean-tech solutions: Carbon Negative Economy, Energy Access, Fleets & Trucking Efficiency, Sustainable Agriculture – Livestock. Of the emerging ideas this year, we at Carbon War Room are genuinely excited. We intend to commit budget for a project manager to take the strongest idea from one of these tracks and explore its potential. We want one of those tracks to be the next operation – whether it’s a partnership around a new plan or a completely new idea, we’re ready to move. Either way, Creating Climate Wealth is where it all starts for us with our partners. We hope you enjoy the third CCW Summit North America and would like to thank our partners and sponsors: Iowa State |
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CCW 2011 Pre & Post Summit Reports
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Creating Climate Wealth - North America 2011 PRE-READExecutive SummaryWelcome to Creating Climate Wealth | North America 2011. In the US alone, the green economy is valued at $500 billion and is poised for growth – there could be between 1.8 million and 2.4 million green jobs in energy conservation, resource conservation and pollution control. Since the |
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Creating Climate Wealth - North America POST SUMMIT REPORTExecutive SummaryOn May 3-4, 2011, the Carbon War Room convened executives, investors, academics, entrepreneurs, and select leaders from the public sector for the 2nd annual Creating Climate Wealth Summit. The premise of the Summit was that growth rates in the cleantech sector are not yet substantial enough to provide sufficient climate change mitigation needed to achieve stabilization targets and also needed to support sustainable economic development. The specific goal of the Summit was to identify the critical market barriers inhibiting industries from achieving large-scale emissions reduction and to develop strategies for overcoming barriers in these seven working tracks. Each group identified: This report contains the results of those working track discussions. The following sections contain brief summaries of key themes and major findings for each working track, followed by detailed tables representing the raw workshop results: barriers, potential solutions, and preliminary action plans for select solutions. |
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Creating Climate Wealth - UK 2011 PRE- READExecutive SummaryWelcome to the Creating Climate Wealth | UK 2011 (CCW), jointly presented by the Carbon War Room and The Long Run Venture. The Carbon War Room is delighted to be co-presenting the first CCW Summit in Europe with The Long Run Venture (TLRV)- who equip businesses to deliver faster commercial returns from sustainability. The Long Run Venture Creating Climate Wealth is a great demonstration of this in action. The combined team is convening the most dynamic group of thinkers and doers in their fields and designed a facilitation process which aims to get the best out The team worked closely with the Technology Strategy Board to shape some of the key themes for CCW, in particular exploring the major role cities are playing in the acceleration of climate wealth solutions. With rapid rates The purpose of the Creating Climate Wealth (CCW) Summit is to identify specific pathways to accelerate deployment of renewable energy and clean-tech solutions in: • Aviation and Renewable Fuels We look forward to working with you to create innovative ideas for overcoming some the toughest challenges faced by clean-tech and renewable energy businesses of all sizes – and bringing you into our global Carbon War Room |
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Creating Climate Wealth - Australia 2011 PRE-READExecutive SummaryWelcome to Creating Climate Wealth | Australia 2011. For several decades, billions of dollars have been invested in technology development in the areas of energy efficiency, low-carbon energy, efficient transportation, renewable fuels, and other areas. This investment has led to hundreds of breakthroughs that are cost effective today. Yet full commercial utilization of these innovations and their financial rewards still eludes us. In some respects Australia is on the cutting edge of efforts to shift towards a low-carbon economy. While efforts to enact a scheme to cut emissions by 5 percent over ten years have consistently failed, the government plans to introduce a fixed price on carbon in 2012 and a full trading scheme by 2015. While these efforts are promising, lack of private investment in renewable energy and clean-tech remains the bottleneck to significant reductions in GHG emissions. Increases in renewable energy capacity and clean-tech adoption have been low compared with other countries (Australia added 190 MW of Solar PV in 2010 – slightly less than Greece).1 In addition, the government estimates that total emissions will increase by 24 percent from 2000 levels by 2020. The purpose of the Summit is to identify specific pathways to accelerate deployment of renewable energy and clean-tech solutions in the face of low expectations and weak mandates. This invitation-only event provides a unique workshop-driven convening of executives, investors, entrepreneurs, and leaders from the private and public sector to further operations and programs in: |
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Creating Climate Wealth Australia - POST SUMMIT REPORTExecutive SummarySir Richard Branson’s words to open up the Creating Climate Wealth Summit challenged delegates to step up to the plate and solve our energy crisis: “This will be the most challenging and exciting opportunity of our lifetimes. Business has to step up and take responsibility for solutions.” Hosted in Sydney, Australia, July 7th and 8th in a joint partnership with Carbon War Room, co-founded by Richard Branson, and Future Journeys the Created Climate Wealth Australia Summit brought together global experts — corporate, financiers, entrepreneurs, and investors. They worked together to develop new income streams, create scale and limit risk for financiers, and generate the best wealth-creating ideas in Australia and the Asia-Pacific region. The event focused around a two-day workshop included: Janine Cahill, CEO Future Journeys and co-presenter of Creating Climate Wealth Australia commented on the inaugural southern hemisphere event: “This really is the 21st Century opportunity: collaborating to co-create low-carbon economies across the globe. Future Journeys is very excited to bring Creating Climate Wealth to Australia and enlist corporations and entrepreneurs across the continent into the War Room”. |
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