Many of California's environmental initiatives outside of the cap-and-trade program have grabbed national headlines and even served as models for other states, regions and the federal government. This session will look at these initiatives, including energy efficiency and renewables, clean vehicles and transportation, and will include discussion of U.S. EPA actions to address climate change.
California is contemplating the crediting of REDD+ in other countries, including Mexico, as part of its cap-and-trade program. Successful REDD+ initiatives will require coordinated action from multiple actors responsible for the health of forests, including national and sub-national governments, private land owners and indigenous peoples. This session will highlight efforts being undertaken at multiple levels in Mexico to design REDD+ programs.
Over the next decade, California may play a unique role in helping to advance state-level REDD+ initiatives. In forums such as the Governor's Climate and Forest Task Force (GCF) and REDD Offsets Working Group (ROW), policymakers in California and around the world are grappling with a wide range of critical issues, including finance, safeguards, reference levels, monitoring, reporting and verification. Panelists in this session will discuss ongoing efforts to build sub-national REDD+ policies and programs linked to California and beyond.
Although regulated entities in California will be able to use carbon offsets to meet only eight percent of their compliance obligation under cap-and-trade, many observers are concerned that offsets will be in short supply, especially after 2014. Amid these concerns, there is much speculation around possible domestic project types that California and WCI may add to their programs to boost supply. This session will examine the prospects for including additional offset types in the California and WCI programs and their potential for addressing supply concerns.