Climate Change Mitigation | IRG-P - International Resources Group - IRG Philippines | Energy and Environmental Consulting Business | Manila, Philippines

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Climate Change Mitigation

Climate change is one of the most pressing problems facing the world's environment. And despite apparent differences in opinion as to the nature, extent, and speed of the changes associated with climate change, there have been significant efforts worldwide to combat global warming, both in developed and developing countries, across a wide range of sectors including energy and agriculture. For developing countries, the challenge to achieving sustained, environmentally-sound economic growth, is particularly formidable as a balance needs to be struck between the development process and responding to growing concerns over the environment.

As a developing country with significant potential to be a major participant in ongoing GHG reduction efforts in the energy sector, Philippine project developers and policymakers are well-positioned to participate in this emerging area through the enhancement of their understanding as to the nature of climate change, how the various flexible mechanisms (particularly the Clean Development Mechanism or CDM) under the Kyoto Protocol work, and what specific opportunities exist to participate in this area - the ultimate goal being to develop projects that mitigate greenhouse gas releases to the atmosphere. IRG Philippines provides project planning for entities that wish to do these.

Working closely with its US-based partner, International Resources Group, IRG Philippines offers services in project development, international standards for carbon credit accounting, and carbon markets.

• Project development - baseline analysis, project emissions reductions (ER) calculations, monitoring and verification protocol, coordination of interaction with third party entities, project documentation, project processing by relevant authorities.
• Project finance and marketing - financial analysis, demand and pricing research, buyer/investor identification and engagement, carbon purchase agreements/transaction negotiations.
• Project implementation - baseline and project ER review and adjustments.
• Due diligence services - due diligence services for carbon transactions, including baseline analysis, ER calculations, technology assessment, legal and regulatory approvals and other necessary services.
• Training and Advisory Services - for government agencies and corporations wishing to establish relevant carbon monitoring entities, become proficient in financial or technological assessments, utilize the carbon trading system, and other topics relevant to climate change.

Our climate change mitigation practice is founded on the following key factors:

• Technology - International Resources Group Philippines is experienced in GHG reduction activities through renewable energy, energy efficiency, and 'clean' fossil energy.
• People - International Resources Group Philippines has a wide network of local and international experts, economists, engineers, and policy specialists.
• Clients - International Resources Group Philippines has carried out work in this emerging area with clients such as the United Nations Development Program, the Development Bank of the Philippines and private sector companies such as Smith Bell RESCO Corporation in the areas of capacity-building and project development.