Carbon Trust Ca SPr Jan 07 Brendan Reid

Carbon Trust Ca. SPr Jan 07 Brendan Reid brendan. reid@carbontrust. co. uk 07725 413 970

Our climate is changing !! Royal Commission on Environmental Pollution 2000 • That we should seek to stabilise upper atmosphere CO 2 concentrations at 550 ppm • That to play its part would require the UK to reduce CO 2 emissions by 60% by 2050

Long term CO 2 concentrations and global temperatures

Northern hemisphere temperatures

Mission Statement Our mission is to accelerate the transition to a low carbon economy by helping businesses and the public sector reduce their carbon emissions and develop commercial low carbon technologies

Carbon Trust • Independent company backed by government (Scottish Executive and DEFRA) • Established in 2001 • Offer a range of financial and non-financial support according to business needs, eg feasibility studies, loans, equity • We have 100 staff across the UK and our budget for 2006/7 is £ 100 m • We have a Scottish office at East Kilbride, employing 7. 5 people

Energy consumption in Scotland Services and Public Sector 27 TWh Emissions 7. 7 Mt. CO 2 Cost £ 1 B Source – Scottish Energy Study

The Carbon Trust allocates resources to maximise carbon savings now and in the future Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, Local Authorities and Higher Education - On site energy efficiency advice - Buildings Design Advice - Advice lines, publications and training events - Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority financing (Salix) Enterprises (Private £ with public sector seed funding) Development of new businesses - Connective Energy (Joint Venture between Triodos, Mitsui Babcock and Carbon Trust) - Partnerships for Renewables - Waste 4 Energy Innovations (Public £ with private sector in-kind support) Early stage research support - Carbon Vision (EPSRC JV) - Applied research grants Technology demonstration - Marine Energy Challenge and EMEC - Micro-CHP & smart metering trials - Low Carbon Buildings - Biomass for heat Business incubation - 4 dedicated low carbon incubators (Imperial College, Sheffield Life IC, Rowan and Angle Technology) Investments (Private £ with public sector seed funding) Early stage investing - In-house investment portfolio - Venture capital fund creation - 3 rd party investment funds Insights For Investors, policy makers, researchers and businesses… - Low Carbon Technology Assessment, Dec ’ 02 - EU ETS: Implications for Industrial Competitiveness, April ‘ 04 - Brand Value at Risk from Climate Change, March ’ 05 - Biomass Sector Review, October ’ 05 - Carbon Management – A Managers Guide, April ’ 06 - Policy Frameworks for Renewables, July ’ 06

The Carbon Trust - Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, LAs and Higher Education On site energy efficiency advice (site surveys) Low Carbon Building Design Advice lines, publications and training events Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority & HE financing (Salix)

Carbon Management for HE sector § 9 month programme § Fully funded by Carbon Trust § Requires significant time input by a HE project leader (2 days per week) § Aims are to – Establish current carbon footprint – Change knowledge and attitude about energy and carbon issues across the organisation – Get different departments working together to achieve change – Create a costed and prioritised Strategic Action Plan for the way forward.

The Carbon Trust - Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, LAs and Higher Education On site energy efficiency advice (site surveys) Low Carbon Building Design Advice lines, publications and training events Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority & HE financing (Salix)

On site energy efficiency advice § Carbon Trust and client agree project scope and expertise required. § Onsite survey and reporting completed by a specialist energy consultant appointed by the Carbon Trust § A particular survey can be fully funded or part funded depending on – The carbon prize – Energy bill of your organisation – What other surveys are planned for the same FY

The Carbon Trust - Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, LAs and Higher Education On site energy efficiency advice (site surveys) Low Carbon Building Design Advice lines, publications and training events Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority & HE financing (Salix)

Low Carbon Building Design Advice § 40% of energy use is in buildings § Buildings we design now will be around til 2050 (IPCC target is -60% by 2050 in order to stabilise CO 2 in the atmosphere) § New buildings are a “not to be missed” opportunity § Recent experience shows that public sector buildings can reduce carbon emissions by up to 2/3 by careful attention especially at design stage for minimal increased cost.

The Carbon Trust - Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, LAs and Higher Education On site energy efficiency advice (site surveys) Low Carbon Building Design Advice lines, publications and training events Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority & HE financing (Salix)

Advice lines, publications and training events § Advice line 0800 085 2005 – Technical questions – Sign posting to services available § Publications – Best practice, case studies, posters – PDF from the Carbon Trust Website or hard copy sent to you via the telephone no above – List of all publications is available on our website § Training Events – Carbon Trust runs 12 Training Events each year – Announced 1 Q in advance via our newsletter and events section on the website

The Carbon Trust - Solutions (Public £ with some co-funding) Advisory services - Carbon Management for corporates, LAs and Higher Education On site energy efficiency advice (site surveys) Low Carbon Building Design Advice lines, publications and training events Raising awareness of climate change as a business issue Financial products - SME interest-free loans - Local Authority & HE financing (Salix)

Salix – help to finance energy efficiency § www. salixfinance. co. uk – Revolving credit fund – Salix joint funds initial ring fenced fund with HE – Salix withdraws its initial investment over time (3 yrs) as savings are collected § Competitive bid i. e. HE organisations with lowest payback portfolio of energy efficiency projects are most likely to get funding.

Making Business Sense of Climate Change 0800 085 2005 www. carbontrust. co. uk