Canada’s Climate Fund John Drexhage, Director Climate Change and Energy International Institute for Sustainable Development. An Offsets Approach for Canada. Appendix 2.1. GHG Emissions By Province. + 38%. + 16%. + 7%. + 43%. + 38%. + 23%. + 24%. Appendix 2.2. GHG Emissions By Sector.
Canada’sClimate FundJohn Drexhage, Director Climate Change and EnergyInternational Institute for Sustainable Development
An Offsets Approach for Canada
Business as Usual
2010 Emissions 850 Mt
Mt CO2 equivalent
1990 Emissions 607 Mt
BAU Gap 280 Mt,
Kyoto Target 571 Mt
6% below 1990
A focus on market-based innovation to reduce emissions
Driving Canada towards a low emissions future
Partnering with key Canadian and International stakeholders will
Investments will be undertaken that advance
Canada’s domestic and international sustainability objectives
The Fund will promote the development of the carbon market
and stimulate innovation
The Fund will provide short term, verifiable, emission reductions
and longer-term, systemic, societal change
The Climate Fund is open for business and will be moving forward with a variety of emission reduction purchasing strategies in 2006.
We are interested in discussing potential partnering opportunities for emission reduction projects.
The first challenge will be to develop the ‘sellers’ side of the market. A strong, initial marketing and outreach campaign is critical.