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Combating climate change involves a variety of risks; from societal, to commercial, and technical issues. Understanding and managing risk is a prerequisite for making the right decisions. As a natural extension of the DNV purpose, “To Safeguard Life, Property and the Environment”, we work in a variety of fields to help governments and organisations to address the climate change challenge.
Taking a holistic view
Climate change is currently one of the most pressing environmental issues facing the international community, the business world, and individual citizens. Responding to the challenge requires efforts on many fronts. Based on our independent status, technology competence, risk management expertise, and industry knowledge, DNV provides climate change services within three main areas: Clean energy, emission reduction, and adaptation.
Clean Energy
The urgent need for a clean, low CO2 energy future creates a unique challenge to everybody. Most clean energy solutions suffer from a lack of maturity in terms of technology, economy, infrastructure and/or common acceptance criteria.
Emission Reduction
Switching to clean energy sources will not happen overnight. Energy supply will depend heavily on oil, gas and coal for many years to come. Emission reduction activities will therefore be important to mitigate climate change.
Adaptation to climate change
Due to past emissions, certain impacts of climate change are unavoidable, calling for adaptation measures, in addition to emission reductions.
Creating supply chain carbon harmony
The reduction of CO2 and other greenhouse gas (GHG) emissions is a global issue. The Kyoto agreement, EU and national regulations have been implemented in order to reduce the level of CO2.
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Growing up green
''From the word ‘go’ we were sort of international'' says Pedro Moura Costa, musing over his company’s humble beginnings. ''We’ve grown organically during the years.''
An innovative environment
Through the creation of their carbon bank in 2007, Morgan Stanley has aimed to bring the voluntary carbon credit market up to par with the regulated one.
DNV Climate Change Academy and Network
The considerable shortage of competence and competent people has become one of the major challenges for the carbon market and its players. A strategic response to the competence challenge is necessary to prevent the industry from undermining itself and lose credibility with regulators and investors. It is also vital in order to be able to capitalise on growth opportunities.