Title: Leveraging Carbon Markets to Finance Refrigerant Recovery, Reclamation, and Destruction
Description: Even with full implementation of the Kigali Amendment, 67 gigatons CO2e of ozone-depleting substances (ODS) and hydrofluorocarbons (HFCs) are expected to enter the market between today and 2100, on top of the 24 gigatons CO2e of these gases already in existence. Unfortunately, refrigerant recovery rates remain near zero in most regions across the globe, in part because of inadequate incentives for refrigerant recovery and abatement.
This side event, hosted and coordinated by the Yale Carbon Containment Lab (CC Lab), will explore these issues, in collaboration with three voluntary carbon market project developers currently undertaking efforts to recover and reclaim or destroy ODS and HFCs. Presentations will cover:
- challenges and barriers to responsible refrigerant recovery;
- previous uses and future opportunities for the voluntary carbon market to finance refrigerant recovery, reclamation, and destruction efforts;
- challenges in developing and scaling abatement projects; and
- opportunities for collaboration between the public and private sector, and novel carbon market methodologies that can expand the scale of current abatement activities to meet the climate challenge.
Speakers include: Tilden Chao, Charlie Mayhew, and Dean Takahashi, Yale Carbon Containment Lab; Louise McCann and Elvira Nigido, A-Gas; María José Vargas, Tradewater; and Ning Jeng, Recoolit.
Contact:
Tilden Chao
tilden.chao@yale.edu