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Private Sector Roles in Low Carbon Energy Solutions to the Climate Challenge

Private Sector Roles in Low Carbon Energy Solutions to the Climate Challenge. Jeremy Woods UKCDS , Wellcome Trust, Euston Road, London, 24th and 25th June 2013 24 th June 2013. The 3 rd LCEDN International Workshop. 3 rd Workshop

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Private Sector Roles in Low Carbon Energy Solutions to the Climate Challenge

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  1. Private Sector Roles in Low Carbon Energy Solutions to the Climate Challenge Jeremy WoodsUKCDS, Wellcome Trust, Euston Road, London, 24th and 25th June 201324th June 2013

  2. The 3rd LCEDN International Workshop • 3rd Workshop • ‘Private Sector Roles in Low Carbon Energy Solutions to the Climate Challenge’ • 2nd Workshop- SPRU, 10th & 11th September 2012 • ‘Transitions to low carbon energy systems: which pathways to energy access for all?’ • 1st Workshop- Loughborough, 4th & 5th April 2012 • ‘Low Carbon Energy For Development: Past Experiences And Future Challenges’

  3. 400 parts per million- what’s gone wrong with climate change policy? • 1958, annual average was atmospheric carbon dioxide as measured on Mauna Loa, was 315 parts per million (ppm). • This month it has just passed 400ppm and now increasing at 2.1 ppm/yr • In 1960s was increasing by 0.7ppm/yr • Primarily due to fossil fuel use (29 GtCO2/yr in 2009) • Land / vegetation remains a net sink but land use change is resulting in major emissions The Economist. 11th May 2013

  4. Source: F. Birol, (IEA, 2011) Based on World Energy Outlook (2010)

  5. Energy system transformation… [van Vuuren et al. CoSust, 2012]

  6. We have failed to understand the complexity, scale and rate of global change Steffen et al. The history of the Anthropocene. Phil. Trans. R. Soc. A-2011-842-67

  7. Where will the investments come from?

  8. Estimating the scale of impact(s)

  9. Global human appropriation of NPP doubled in the 20thC (Krausmann, Erb, Haberl, Searchinger et al, PNAS 2013) A 250 EJ/y bioenergy scenario by 2050 would increase HANPP from 27-29% to 44% and caution against a further increase. Conclude that: • Bioenergy at levels contemplated by the International Energy Agency and in IPCC-SRREN would have a transformative effect on the planet. As the world faces large new demands for food and timber products, that experience suggests caution in refocusing the energy economy on bioenergy, and stresses the  importance of developing improved practices for sustainable intensification of land use.

  10. Development Options - scale matters • Small Scale • Sweet Sorghum – micro-distillery • Woodlot gasification elec. (Hosahali) Integration & transition • Large Scale • Sugarcane to EtOH • Palm / Soy Biodiesel Small-holder led Higher cost base Less globally competitive Multi-product cropping e.g. sweet sorghum Economics Uncertain Mill-owned estate Very competitive globally Single Bioenergy Product e.g. multi-species woodlot Little Value Added to Local Communities Export potential High Value Added to Local Communities Export potential Community-level winners and losers Complex- Value Added to Local Communities High risk Local Markets Social Issues Crop not well characterised Value Added to Local Communities High Risk Complex food-fuel-cash-crop interactions

  11. Basis for sampling

  12. Workshop objectives • Provide an arena for the stakeholders and decision makers in low carbon energy for development to evaluate how to deliver safe and cost effective low carbon energy access. • Identify and assess different investments types/sources for low carbon energy projects. • Improve engagement between Private sector and Government Agencies. • Understanding barriers to implementation (eg. global energy markets, policy evaluation, etc) and opportunities. • Understanding the role of international public funding (eg. ICF) in stimulating innovation and widespread implementation. • Improve engagement between Academic and Private Sectors • Providing evidence base on effective implementation through case studies. • Highlighting social impacts of low carbon energy and developing good practise standards. • Understanding the importance of scale and Identifying new models for development, sensitive to local social contexts.

  13. Workshop outcomes • Session1 – Bioenergy within the bioeconomy • Session 2 - Solar • World Café 1 – embedding sustainability • Session 3: Finance, Investment and Innovation • World café 2 – enabling closer academic and private sector interaction • Session 4: Policy, Science and Implementation • Synthesis, recommendations and closing • Poster presentations – lunch time today! & prize – at dinner this evening • Twitter fountain – Ed help! • Dinner (Hilton Euston, Woburn Restaurant) • HILTON LONDON EUSTON, 17 - 18 Upper Woburn Place I  London WC1H 0HT

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