{"id":6019,"date":"2018-09-26T10:24:29","date_gmt":"2018-09-26T15:24:29","guid":{"rendered":"http:\/\/blogs.law.columbia.edu\/climatechange\/?p=6019"},"modified":"2023-02-16T12:56:44","modified_gmt":"2023-02-16T17:56:44","slug":"sports-organizations-buy-carbon-offsets-to-finance-cookstoves-in-low-income-african-countries","status":"publish","type":"post","link":"https:\/\/blogs.law.columbia.edu\/climatechange\/2018\/09\/26\/sports-organizations-buy-carbon-offsets-to-finance-cookstoves-in-low-income-african-countries\/","title":{"rendered":"Sports Organizations Buy Carbon Offsets to Finance Cookstoves in Low-Income African Countries"},"content":{"rendered":"

Five sports entities explained why they have become industry leaders by engaging with voluntary carbon offset markets at Friday\u2019s Sports and Climate Change Summit<\/a>.<\/p>\n

\"\"<\/a>
\u00a0 \u00a0Photo courtesy of South Pole<\/em><\/figcaption><\/figure>\n

The New York Yankees, New York Mets, NASCAR, U.S. Tennis Association (USTA), and Major League Soccer (MLS) are each purchasing carbon offsets from cookstove projects in low-income African countries in order to meet their own sustainability goals. The Yankees financed 4500 cookstoves in Mozambique, while NASCAR is offsetting all employee travel with carbon credits from cookstoves in Zimbabwe. Collectively, the five entities have reduced 39,443 metric tons of CO2\u00a0<\/sub>by purchasing carbon offsets from cookstove programs in low-income countries in Africa\u2014the equivalent of 8446 passenger vehicles driven for one year<\/a>.<\/p>\n

\u201cIt\u2019s the right thing to do and it\u2019s good business,\u201d said Yankees Senior Vice President Doug Behar. \u201cWhen we saw the impact on human life it made too much sense not to do it.\u201d<\/p>\n

Approximately 3 billion people worldwide<\/a> still cook on open fires or stoves fueled by charcoal, biomass and kerosene. Burning unsustainably harvested wood fuel<\/a> contributes to approximately 2% of global greenhouse gas emissions. Exposure to these cooking practices can also be deadly. The World Health Organization reports<\/a> that nearly 4 million premature deaths per year are \u201cattributable to household air pollution from inefficient cooking practices.\u201d Cooking on open fires and simple biomass and charcoal-fired stoves also disproportionately burdens women and children. They experience greater exposure to household air pollution<\/a> since they are typically responsible for household chores, and spend multiple hours per day collecting fuel. One study found that women in India spend 374 hours a year collecting firewood<\/a>.<\/p>\n

Cleaner cookstoves and fuels lead to positive environmental, health, and gender outcomes. Improved efficiency cookstoves can offset one to two tonnes of CO2<\/sub><\/a> emissions per year, while also improving health, quality of life, and livelihoods. A recent report by the Gold Standard Foundation found that a single clean cookstove \u00a0delivers USD$151 in additional social and economic benefits<\/a>. Nevertheless, financing for clean cooking initiatives has lagged<\/a>.<\/p>\n

Carbon offsets markets provide one stream of finance, and many cookstove programs have long been generating carbon credits<\/a>. For example, Envirofit, a social enterprise that has developed a range of clean cooking products, has been leveraging carbon finance since 2012, with Certified Emissions Reduction (CER) programs certified under the Clean Development Mechanism (CDM) and the Gold Standard Foundation (whose certification also captures sustainable development co-benefits).<\/p>\n

Yet both compliance and voluntary carbon markets present challenges for clean cookstove entities seeking finance. The current price for CERs is\u00a0$0.35<\/a>. But emissions reductions from improved cookstove projects costs $5-8\/tCO2<\/sub>e<\/a>, meaning that offset prices must hover around $10\/ tCO2<\/sub>e to make offsets a valuable source of funding for these projects<\/a>. Cookstove projects have fared slightly better in voluntary markets. Clean cookstove offsets from Africa sold at $5.1\/tCO2<\/sub>e<\/a> on average in 2016. But the voluntary market could be on the rise, with a record number of issuances and retirements in 2017<\/a>.<\/p>\n

As corporations, individuals and other non-government actors look to increase their climate engagement<\/a>, buying carbon offsets in the voluntary market presents one way to meet sustainability targets. This is not only true for sports entities. In April this year, Lyft went carbon neutral<\/a>, using carbon credits purchased from the sustainability firm 3 Degrees<\/a> to offset the carbon footprint from its rides. American University, which claims to be the first U.S. university to achieve carbon neutrality<\/a>, buys carbon credits from cookstove programs in Kenya<\/a> to offset greenhouse gas emissions it simply cannot eliminate. While reducing direct emissions remains a critical piece of the climate puzzle, and green projects must be attentive to social impacts on the ground<\/a>, there will likely be unavoidable emissions such as air travel. Offsetting these unavoidable emissions can help support clean cooking technology, and other ventures with sustainable development benefits.<\/p>\n

If NASCAR seeking to address climate change strikes you as ironic, you\u2019re not alone. But they have a clear rationale: \u201c80% of NASCAR fans believe in climate change,\u201d said director of Green Innovation at NASCAR, Catherine Kummer. \u201cWe can\u2019t minimize everything, but this aligns with our mission.\u201d<\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

Five sports entities explained why they have become industry leaders by engaging with voluntary carbon offset markets at Friday\u2019s Sports and Climate Change Summit. The New York Yankees, New York Mets, NASCAR, U.S. Tennis Association (USTA), and Major League Soccer (MLS) are each purchasing carbon offsets from cookstove projects in low-income African countries in order […]<\/p>\n","protected":false},"author":2196,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5680,9440,5705,137,4781,5671],"tags":[],"class_list":{"0":"post-6019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-clean-energy","7":"category-climate-finance","8":"category-energy-efficiency","9":"category-events","10":"category-human-rights","11":"category-international","12":"czr-hentry"},"yoast_head":"\nSports Organizations Buy Carbon Offsets to Finance Cookstoves in Low-Income African Countries - Climate Law Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.law.columbia.edu\/climatechange\/2018\/09\/26\/sports-organizations-buy-carbon-offsets-to-finance-cookstoves-in-low-income-african-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sports Organizations Buy Carbon Offsets to Finance Cookstoves in Low-Income African Countries - Climate Law Blog\" \/>\n<meta property=\"og:description\" content=\"Five sports entities explained why they have become industry leaders by engaging with voluntary carbon offset markets at Friday\u2019s Sports and Climate Change Summit. 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