More detailed recommendations from the Review
(i) CCPO will remain the primary contact for businesses wishing to find out about the Kyoto Mechanisms (Clean Development Mechanism, Joint Implementation, and International Emissions Trading). CCPO will provide advice to companies interested in these issues, and also provide advice to those involved in the voluntary market as to how they can participate and benefit from the regulated market, e.g. giving guidance on how compliance credits can be used in offsetting.
(ii) CCPO will continue to organise climate change trade missions, both inward (companies from abroad visiting the UK) and outward (UK delegations travelling abroad) in cooperation with UKTI in London and overseas. Emerging markets will be targeted in order to add value in places where UK companies find it more difficult to do business without additional support. Destinations for 2008-09 will be: Western Asia (tbc), Africa, Gulf States, Russia, Eastern Europe, China.
Joint missions with UKTI to USA, Canada and Australia will also be considered. There will be inward missions from India and Latin America.
(iii) CCPO will continue to have direct links with business, both through individual companies and through trade associations as well as with the Lord Mayor and the Corporation of London. CCPO will help to highlight business’ practical experience with climate change projects to the rest of government and disseminate and be an advocate for HMG’s policies on climate change – both domestic and international. CCPO will hold an annual stakeholder meeting and publish an annual report to inform business of its activities, and seek feedback.
(iv) CCPO will extend capacity building activities on trade missions and elsewhere to improve the capacity of host countries to undertake climate change projects, thereby making them more attractive for investment by UK companies. These activities will have clear aims for the private sector, and be focussed in low income countries, e.g. Africa.