ALLCOT has been accredited by ICROA, the most important leading voice in the voluntary carbon market.
In the annual independent audit to assure compliance to the ICROA (International Carbon Reduction & Offset Alliance) Code of Best Practice, ALLCOT has been accredited, during the 2021 compliance period, for its commitment to fight climate change across the voluntary carbon market.
ICROA is a non-profit membership organization housed within the International Emissions Trading Association (IETA). Through time, ICROA has become one of the most important leading voices worldwide in the promotion of sustainable voluntary high-quality carbon credits.
The importance of the ICROA accreditation programme relies on the achievement of smart goal criteria related to carbon markets, which are an important mechanism to help accelerate the transition towards decarbonisation by 2050. Members of this organization advocate rigorous standards and innovative methodologies for the implementation of voluntary carbon markets. By doing this, they align to a strict code of best practices and criteria that assure the emission reductions are real, measurable and verifiable.
ALLCOT, for its part, with this important accreditation by ICROA, will continue providing strategic and innovative solutions to lead environmental projects and help other companies to achieve their climate goals. But most importantly, it will put their efforts into actively combating the climate crisis under the Article 6 of the Paris Agreement.
BAIA BELLA, an eco-friendly beach club in France, has focused their initiatives and efforts on the contribution of a sustainable business.
BAIA BELLA with the support of ALLCOT has calculated its carbon footprint for their season 2021. This analysis was made taking into account their business model, the difficulty of reaching the goals, and the importance for the planet and society. It was found that some of the SDGs deserve more attention. This, due to the potential of their business model to generate positive or negative impacts. These SDGs are:
- 6 Clean water and sanitation,
- 7 Affordable and clean energy,
- 8 Decent work and economic growth,
- 12 Responsible production and consumption, and
- 13 Climate action.
An important aspect to highlight from BAIA BELLA’s sustainability performance relies on the efforts to be aligned with their business model. Current initiatives such as minimizing water usage (intelligent water purification and detectors), vegetate the club with endemic plants, applying water recycling systems, using solar panels, rain collections systems and supporting local artists and food producers, and use of coconuts as bowls, represent those efforts towards material SDGs. The attempts, responding to material SDGs, represent the largest possible contribution to sustainable development. Additionally, it can be even transformed into a competitive advantage.
By enhancing sustainability performance, BAIA BELLA inspires other competitors and stakeholders to adopt a sustainable approach. As a result, this approach can have a domino effect and at the same time, generate pressure across supply chains
New Study Shows Produce Growers’ Carbon-Smart Practices Hold Great Potential for A More Profitable and Sustainable Agricultural Sector
LOS ANGELES – July 19, 2022 – ProducePay has partnered with ALLCOT to create a carbon offset program developed specifically for growers of primary crops. ProducePay’s new program is a first-of-its-kind program tailored for produce growers, who until now have not had the tools to participate in the growing voluntary carbon market – which is estimated to reach $50 billion by 2030. The carbon offset program is the first component of ProducePay’s groundbreaking Sustainably Sourced™ initiative which, when launched later this year, will be the first ever worldwide sustainable produce supply chain standard created to establish an efficient, profitable, responsible and sustainable fresh produce ecosystem.
A recent feasibility study ProducePay conducted in consultation with ALLCOT to assess the carbon market potential of five produce growers revealed that each grower was well poised to be a future participant in the global carbon market. While voluntary carbon markets have been created for the forestry sector and large securitized crops like wheat and soy in the U.S., until now there has never been an understanding of the potential role of the $1.3 trillion global produce sector in helping to limit global warming below 1.5 degrees Celsius.
The study, which examined farms in the U.S. and Mexico growing asparagus, grapes and strawberries, saw that the growers were already performing many of the sustainable agricultural practices needed for decarbonization and ultimately selling verifiable carbon credits in the international market.
“Too often produce growers are left behind when it comes to the innovation and modernization of the agricultural industry,” said Pablo Borquez Schwarzbeck, CEO and founder of ProducePay. “These growers are sitting on a lucrative opportunity to make thousands, if not millions, of dollars in residual income that will not only help the world mitigate climate change but also create a more resilient future for them—as these growers are often the most impacted by climate change. We want to empower produce farmers to be on the frontlines of carbon markets, not on the sidelines.”
Recognized as a world-leader in carbon offsetting and sustainability initiatives, ALLCOT has provided ProducePay with recommendations for helping its small-to-medium growers develop a roadmap for adopting additional infrastructure and carbon-smart practices, such as pressurized irrigation systems, alternative farming inputs and implementing water desalination technology, to become fully compliant with carbon market practices. ProducePay expects its carbon offset program to be a new service offered to growers in its marketplace later this year. ALLCOT has also ensured that ProducePay’s carbon offset program will meet the rigorous international standards of their carbon verification.
“It’s been an honor to join ProducePay in this transformational initiative for the agricultural sector. We are excited to lend our expertise and rigor in the climate markets space to establish ProducePay’s carbon offset program,” said Natalia Rodrigo Vega, Chief Business Development from ALLCOT. “Our efforts will equip growers to harness the power of carbon-smart practices to build their businesses, protect the environment and provide community benefits.”
Despite international efforts to reduce GHG emissions, they have more than doubled since the UN Climate Change Convention in 1994. This increase has raised the stakes and given urgency to ProducePay’s feasibility study, which was funded by IDB Invest, the private sector arm of the IDB Group. This funding supports ProducePay’s work to develop and implement internal strategies aligned with the objectives of sustainable development and environmental and social best practices at the international level.
ProducePay’s Sustainably Sourced™ initiative – beginning with the carbon offset program – will be a vital contribution to the global effort to reduce greenhouse gas emissions. By helping global growers access tangible economic benefits, ProducePay remains committed to creating sustainability for the produce industry as well as sustainable outcomes for the environment. The carbon offset program will be a vital contribution to the global effort to reduce greenhouse gas emissions.
Founded by Pablo Borquez Schwarzbeck, a fourth-generation farmer, ProducePay is transforming the fragmented produce industry into a more connected and sustainable movement. ProducePay gives farmers unprecedented access to the market, financial solutions, and trade protection they need. Buyers and consumers receive fresher produce more efficiently, knowing it is grown and delivered in responsible ways. This simplified and empowering approach is helping to eliminate over 50% of economic and food waste, while creating value for everyone involved. To learn more about ProducePay, please visit https://producepay.com/.
Since 2009, ALLCOT provides innovative solutions to combat climate change and promote sustainability through project development, carbon markets and advisory services. ALLCOT’s vision is to lead and accelerate the global transition towards a climate neutral society by 2050. ALLCOT’s unique approach is based on using Article 6 of the Paris Agreement, its linkage to the SDGs, non-market approaches and other market mechanisms
ALLCOT has the pleasure to announce the extension of its partnership with Extreme E, the electric off-road racing series. This partnership will allow Extreme E to continue to offset for the inevitable emissions, selecting environment credits from ALLCOT’s Carbon Projects portfolio. Extreme E measures, monitors, and manages its carbon footprint and achieved its target of Net Zero carbon status at the end of its first Season.
ALLCOT and Extreme E agreed to extend their joint commitment to drive the sustainability agenda and continue to ensure the Net Zero goal remains at the center of Extreme E’s mission in this second season.
Alexis L. Leroy, Founder and CEO of ALLCOT, commented: “This new agreement between ALLCOT & Extreme E is driven by higher ambitions and leadership. We are thrilled to accompany Extreme E in this journey, and determined to create together a new paradigm towards the 2030 Agenda and the race to Net Zero”.
Ali Russell, Chief Marketing Officer, at Extreme E, commented: “Our zero emission sustainability strategy is at the heart of what we do here at Extreme E, so we’re delighted to be working with ALLCOT for Season 2. Together, we will ensure Extreme E continues to have a zero net carbon output at the end of each racing Season.”
“Extreme E achieved its goal of a zero-net carbon footprint by minimizing its impact wherever possible, measuring our overall carbon footprint, and offsetting for what could not be avoided the end of its first season with the help of ALLCOT. By delivering impactful projects that empower local communities to reduce emissions and implement sustainable solutions, we are making a difference – and this is just the start of what we can achieve.”
Working together with ALLCOT, Extreme E ensures their support and investment in the right projects with the biggest impact on the environment and its local communities.
Having got underway in February this year in Neom, Saudi Arabia, Extreme E visits environments damaged or affected by climate and environmental issues around the world, including desert, ocean, island wildfire and deforestation. Inspiring its global audience to take action now, and leaving a lasting positive impact is a key element of the series.
ALLCOT participates in the adaptation and mitigation of climate change around the world by developing projects in a variety of regions. ALLCOT offers knowledge, experience, and management across 59 projects in 16 countries to actively combat the climate crisis under Article 6 of the Paris Agreement in alignment with the 2030 Agenda and its 17 Sustainable Development Goals (SDGs).
The REDD+ Sur del Meta Project, which aims to reduce deforestation in the department of Meta, in Colombia, is a great example of an ALLCOT project that contributes to the mitigation of climate change while also benefiting more than 1.200 farmers by promoting sustainable development actions. The Senegal West Africa Mangrove Programme aims the restoration and conservation of the mangroves in two deltas in Senegal currently degraded in order to use these ecosystems to adapt the coastline of Senegal to the climate change. Blue carbon initiatives such as the projects developed by ALLCOT provide sustainable development by providing permanent and temporary employment to local populations as well as economic and social benefits.
ALLCOT is aligned with the United Nations program Sport for Climate for Action, of which Extreme E is a signatory, which supports and guides sports actors in achieving global climate change goals. ALLCOT supports Extreme E in advancing their Net Zero programme towards carbon neutrality, based on the three pillars of measuring, reducing, and offsetting their carbon footprint. Through environmental credits, ALLCOT drives a leading climate agenda, creating strong alliances and engagement in the carbon neutral journey.
To learn more about Extreme E, visit – www.Extreme-E.com
ALLCOT and Klik Foundation meet in Dakar to agree on strategies in favor of sustainable development in the country
Last May 10th, ALLCOT held a meeting in Dakar together with the Klik Foundation and local authorities to further advance the collaboration between Senegal and Switzerland for the reduction of CO₂ emissions. Both countries are among the first to make use of this possibility of cooperation, enshrined in Article 6 of the Paris Agreement.
The meeting was attended by Amadou Lamine Guissé, Secretary General of the Ministry of Environment of Senegal, Andrea Semadeni, Ambassador of Switzerland, and Ousmane Fall Sarr, Business Developer Advisor West Africa at ALLCOT, who presented two of the projects currently underway, on the production and use of ITMOs in the waste management and renewable energy sector.
ALLCOT contributes with national agencies in Senegal, such as UGC and ANER, for the development and implementation of a set of strategies. First, it is oriented to the sustainable management of municipal solid waste, through the implementation of composting plants. In addition, ALLCOT participates in the design of a road lighting project using solar energy obtained through solar panels.
Building on the support of international cooperation between Senegal and Switzerland, ALLCOT wants to boost Senegal’s ambition to further contribute to sustainable development and increase the participation of the public and private sectors to achieve the targets set in the Nationally Determined Contributions (NDCs).
The Foundation for Climate Protection and Carbon Offsetting (KliK) supports and finances climate protection programs that contribute to sustainable development. The foundation, which has a mission to reduce around 40 million tons of CO2 by 2030, partners with state and private organizations and relies on international and local participation. The KliK Foundation supports climate mitigation activities in Senegal and other countries that have signed a bilateral climate protection agreement with Switzerland.
TAXI CLASS has made a commitment to the environment by measuring its carbon footprint, with which it can know its direct and indirect impact on the environment and society.
In this way, TAXI CLASS has been able to identify its sources of emissions and is able to orient its business strategy towards a sustainable and carbon neutral business model, in line with current market trends and the preferences of consumers in premium segments in Barcelona.
Following the quantification of its 2021 corporate carbon footprint, TAXI CLASS has been able to identify opportunities that contribute to the management and reduction of its greenhouse gas inventory.
Fulfilling its commitment to the environment, TAXI CLASS joins the neutrality offsetting its carbon footprint by contributing to two projects with the help and support of ALLCOT:
- Durango project – EcoMethane Project in Mexico, which contributes to the management of approximately 850,000 tons of waste, favoring the implementation of sustainable energy systems through the use of clean and efficient technologies and the conservation of natural resources; efficient generation of electricity from landfill gas throughout the country; increase employment opportunities in the area where the project is located; among other benefits.
- Maísa REDD+ project in the State of Pará in Brazil, which collaborates with the conservation and protection of the forest, providing protection for 128 species of flora and 350 species of fauna, as well as contributing to the protection of endangered species of both groups. Through sustainable agricultural activities, it helps eight communities in the area.
ALLCOT looks forward to supporting TAXI CLASS’ efforts in implementing effective emission reduction strategies, and assisting them in their 2030 bid to have a fleet of ECO and zero-emission vehicles.
TAXI CLASS and the environment
With more than 20 years of experience in the transportation sector TAXI CLASS provides exclusive mobility services with a fleet of 175 luxury vehicles from brand like Mercedes and Tesla.
TAXI CLASS has initiated a transformation process aiming to meet sustainability and environmental standards and in line with European environmental requirements for the future. So, it is working on a progressive transformation of its fleet to ECO vehicles; so far it has opted for a neutral policy in terms of emissions of polluting gases from its activity.
In this context, and committed to the fight against climate change and the path to sustainability, TAXI CLASS will perform its carbon footprint through which they can identify and analyze their environmental and social impact with the help of ALLCOT, their ally in this framework. ALLCOT will help them define concrete actions to make your business sustainable, promoting the reasonable use of natural resources and their consumption.
TAXI CLASS Web page
Tel.: 93 307 07 07
BAIA BELLA has quantified its corporate carbon footprint for the year 2021, in order to identify opportunities that contribute to the management and reduction of its inventory of greenhouse gases (GHG).
Fulfilling its commitment to the environment, BAIA BELLA became the first carbon-negative beach club of France, offsetting its carbon footprint with the assistance of ALLCOT Group.
BAIA BELLA has contributed to the Durango – EcoMethane project in Mexico that generates energy from landfill gases (LFG) and implements clean and efficient technologies, promoting less dependence on the electricity grid and implementing generation of local employment in the project area.
In addition, it is committed with conservation of ecosystems and has also contributed to the Maísa REDD+ project in the Pará State of Brazil collaborating with the conservation and protection of the forest, providing protection to endangered species that live in the area, plus promoting sustainable agricultural activities thus helping the communities that inhabit the area.
BAIA BELLA’s objective is to continue improving and ALLCOT hopes to support their efforts in the implementation of effective emission reduction strategies.
Mahindra Racing, together with ALLCOT Group, has positioned itself as one of the most sustainable motorsport
Mahindra Racing, the first Formula E team to be certified Net Zero Carbon Footprint from inception by ALLCOT Group, keeps the leadership on sustainability to retain the title of Greenest Team in Motorsports.
For Season 7 of the FIA Formula E World Championship, Mahindra Racing compensated its carbon footprint by contributing to the Renewable Energy Program in Karnataka, India supplied by ALLCOT Group. The program is designed to help increase the power supply through wind generation and helps improve the grid infrastructure.
Focused on its pledge to greater ROCE – Return On Climate and Environment – Mahindra Racing team speeds things up and commits to the ambitious targets set by the United Nation Sports for Climate Action.
With a mid-term target to reduce GHG emissions by 50% by 2030 – based on its 2019 baseline – ALLCOT Group is looking forward to support Mahindra Racing’s efforts in their implementation of effective emission reduction strategies.
ALLCOT Group will provide Mahindra Racing team with energy efficiency and waste reduction solutions, as well as access to impactful programs selection to offset their remaining greenhouse gas emissions.
- ALLCOT will provide technical expertise in the planting process and the community will prepare the site and maintain the planted trees.
- The Ministry of the Environment has been delivering 1,400,000 native trees to different communities to restore degraded areas throughout the country.
Bogotá, Colombia, May 18th, 2022.
Thirteen partner families of the REDD+ Conservation project, led by ALLCOT Group, received 12,000 trees of native species to restore forests and morichales, in the Laguna de Lomalinda Regional Natural Park, located in the Chinata village, municipality of Puerto Lleras (Meta).
This event took place within the framework of the program Un Árbol Para Mi País, through which the Ministry of Environment and Sustainable Development has been delivering 1,400,000 native trees to different communities to restore degraded areas throughout Colombia.
Likewise, the delivery was made thanks to the community’s interest in restoring the areas affected by a forest fire that occurred in the Lomalinda lagoon sector, where about 30 hectares of natural forest were lost, including tropical rainforest and morichal.
ALLCOT will provide technical expertise in the planting process and the community will prepare the site and maintain the planting. These initiatives demonstrate how private enterprise, the community and the national government can work together to care for and restore ecosystems.
“I am very grateful for these trees, because after the tragedy that occurred, together with the community we are going to plant trees again and give life to this place and oxygen to the world,” said Alonso Suárez, a resident of the Chinata neighborhood.
The tree species delivered are cassia fistula, algarrobo, cajeto, arrayán blanco, guayacán rosado, yopo, bucaro and igua, which will capture carbon, maintain water supply in quantity and quality, and help control erosion in the affected areas.
Carlos Eduardo Correa, Minister of Environment and Sustainable Development, stated: “This initiative contributes to the National Government’s goal of planting 180 million trees, of which almost 124 million have already been planted, with the support of public, private, non-governmental and independent organizations, and through ongoing projects co-financed by the National Government. This goal is implemented through the Respira 2030 program, whose main pillars are to educate, conserve, restore and not deforest. We are grateful for the great effort that private enterprise is making in this regard, undoubtedly an ally of enormous value in our path towards the restoration and conservation of biodiversity, which belongs to all Colombians and is a source of pride abroad”.
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Tourism employs approximately 255 million workers worldwide and accounts for around 13% of consumer spending, the largest amount after food. This is due to an improving economy and, with it, increased income and leisure time combined with lower airfares have facilitated further development of the tourism sector. But it has both positive and negative effects.
Positive factors include job creation, increased economic income, allowing greater investment in the protection of natural spaces, avoiding the migration of the local population and raising economic and cultural levels Socialisation of the local population, commercialization of local products, ideas, habits and lifestyles Communication and environment awareness of tourists and residents.
The tourist flow contributes to climate change, acid rain and the formation of ozone in the troposphere due to air and road transport which are one of the main causes of direct and indirect emissions of carbon dioxide, nitrogen oxides and other pollutants, and the loss of biodiversity. It affects ecosystems that range from coastlines ravaged by concrete walls to mountains that host ski resorts or are invaded by millions of tourists like the Alps.
Taking into account that this sector is an important source of consumption of environmental resources (water, energy, raw materials…), it is therefore not surprising that actions are needed to significantly reduce its impact on the environment. Environmental impacts can be minimised through good management and control of environmental impacts and comprehensive control of environmental regulations.
The concept of sustainable development explains the close and unavoidable relationship between natural systems and development. It refers to the iterative process of changing the development of natural resources, the direction of investment, and technological progress together with institutional changes to meet current and future social needs. This concept does not refer to a state of stability and harmony, but to a process in which conditions are constantly changing.
Tourism development must be sustainable in the long term, ethically and socially fair to the local community, and economically viable. Tourism is a mass phenomenon that meets real needs and is created, and due to the increase in income and leisure time, as well as the increase in the number of consumers, the benefits will become increasingly important. Sources of income and employment are essential and must be targeted and regulated to reduce global emissions (emissions from air and land transport) and local emissions (biodiversity loss, degradation) and ensure their sustainability.
The commitment to sustainable development is not only necessary but also a great opportunity and a sure bet for the future.
There are three approaches to sustainable development: environmental, sociocultural, and economic. The ecological environment approach reflects the trend of ecologically sustainable development, focusing on the ecological conditions necessary to support human life in the future. The social approach itself is closely related to the economic approach, since the benefits of this economic result are distributed equitably, while the local economy and society create jobs.
BAIA BELLA and the environment
BAIA BELLA is an eco-friendly beach club located in Beaulieu-sur-Mer (France) which uses locally sourced materials. It is respectful of nature and has enforced strict design rules and work processes to make sure that nature is preserved. They already integrate saving practices in electricity and water consumption, efficient waste management and quantifies their impact.
In this context and committed to the fight against climate change and the path to sustainability, BAIA BELLA through its carbon footprint will be able to identify and analyse its environmental and social impact with the help of ALLCOT, its ally in this frame. ALLCOT will help BAIA BELLA to define concrete actions to make the business sustainable, promoting the reasonable use of natural resources and their consumption.
The Carbon Footprint is a fundamental step for BAIA BELLA to know the direct and indirect impact on the environment and society. This strengthens its business strategy towards a sustainable and carbon-neutral business model in line with current market trends:
- Strengthen its leadership position in the tourist sector on the path to sustainability.
- Compliance with legal and future restrictions.
- Promotion of good practices in terms of sustainability and physical and mental well-being.
- Improvements in positioning, competitiveness and media impact.
- Active integration of all stakeholders in decision-making processes.
Sustainability and neutrality are not intended to eliminate the options of BAIA BELLA’s service portfolio, but rather to integrate efficient strategies for continuity and adaptation to new market demands.
The results showed that BAIA BELLA is the first Beach Club that will be carbon negative and it anticipates the regulations of the new Government based on sustainability and climate change commitments
For more information, please check BAIA BELLA website.