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Carbon Disclosure Project CDPTHE CITY OF ~ Dubuque DUB E a~ Masterpiece on the Mississippi 2007 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Carbon Disclosure Project and ICLEI partnership DATE: June 11, 2008 Assistant City Manager Cindy Steinhauser is recommending that the City accept an invitation to participate in the Carbon Disclosure Project (CDP) through the International Council for Local Environmental Initiatives (ICLEI). This is a program that originated in Europe that is considered the gold standard for reporting corporate greenhouse gas (GHG) emissions and climate change related risk. The Carbon Disclosure Project currently has over 385 institutional investors and 1,300 of the world's largest publicly traded companies who have committed to measuring GHG emissions through this program. Recently ICLEI announced a partnership with the Carbon Disclosure Project to launch this program in the U.S. and to identify 30 communities to serve as pilot communities for this project. The city of Dubuque has been selected as one of the 30 communities to serve in the pilot program. The aim of the pilot program will be to develop learning for ICLEI and the CDP while also enabling cities to understand their own operations more in depth and the impact on Green House Gas Emissions. The analysis portion of the pilot program will take place July-October 2008 and will conclude in December 2008 with a report on the findings developed by the 30 pilot communities. ICLEI requests a $1,000 donation to defray the costs of the program, and sufficient funds are available. The City's participation will further the City Council's focus on sustainability. I concur with the recommendation and respectfully request Mayor and City Council approval. (~ /2~ „'L Mic ael C. Van Milligen MCVM/Iw Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager zoos TO: Michael C. Van Milligen, City Manager FROM: Cindy Steinhauser, Assistant City Manager ,, SUBJECT: Carbon Disclosure Project and ICLEI partnershi DATE: June 10, 2008 Introduction The purpose of this memorandum is to request City Council approval for the city of Dubuque to participate in a pilot Carbon Disclosure Project. Discussion As part of the city of Dubuque membership with the International Council for Local Environmental Initiatives (ICLEI) I attended their conference to learn ways in which sustainable initiatives could be incorporated into the city of Dubuque's sustainability efforts. As part of this conference, I attended a presentation by Tom Carnac from the Cities and Towns Carbon Disclosure Project (CDP) located in London, United Kingdom. also had the opportunity to visit with Mr. Carnac about this project. This is a program that originated in Europe that is considered the gold standard for reporting corporate greenhouse gas (GHG) emissions and climate change related risk. The Carbon Disclosure Project currently has over 385 institutional investors and 1,300 of the world's largest publicly traded companies who have committed to measuring GHG emissions through this program. Attached is information on the CDP. Recently ICLEI announced a partnership with the Carbon Disclosure Project to launch this program in the U.S. and to identify 30 communities to serve as pilot communities for this project. The city of Dubuque has been selected as one of the 30 communities to serve in the pilot program. The aim of the pilot program will be to develop learning for ICLEI and the CDP while also enabling cities to understand their own operations more in depth and the impact on Green House Gas Emissions. The analysis portion of the pilot program will take place July -October 2008 and will conclude in December 2008 with a report on the findings developed by the 30 pilot communities. Based upon the results of the pilot U.S. program, ICLEI and CDP will be expanding the program to all U.S. ICLEI members in 2009. While there is no cost to participate as a pilot community, CDP is anot-for-profit entity and as such are asking each of the pilot communities to consider contributing $1,000 to help defray costs for developing the U.S. model. I have reviewed this request with Budget Director Jenny Larson and she has indicated that there are sufficient funds in the City Manager's budget to cover the $1,000 contribution. Request The requested action is for City Council to approve the participation of the city of Dubuque in the U.S. ICLEI Carbon Disclosure Project pilot program. Cc: Jenny Larson, Budget Director Cities and Towns Disclosure Project Introduction The Carbon Disclosure Project (CDP) is the gold standard for reporting corporate greenhouse gas (GHG) emissions and climate change related risk. CDP represents investors with combined assets of $57 trillion and on their behalf approaches the world's corporations for disclosure. The website www.cdproject.net hosts the largest registry of corporate GHG data in existence. This process has been highly valuable for investors seeking to assess climate change related risks and also for companies as a tool to evaluate their internal processes. Cities and Towns Disclosure Project Using the experience of working in the private sector since 2000, CDP has now developed a parallel program to assist cities and towns in disclosing their GHG emissions and climate change associated risk. CDP is pleased to be working on this project in partnership with ICLEI USA whose leadership and experience in this area greatly strengthen the project team Disclosure Request Content The Cities and Towns Disclosure request will contain questions relating to the following areas, which are analogous to the investor CDP process. 1. Analysis of the risks and opportunities from climate change including regulation, physical risks from extreme weather events, changes in technology and shifts in consumer attitude and demand 2. Strategy to respond to the risks and opportunities that climate change represents. 3. GHG emissions accounting 4. GHG emissions management, reduction and cost implications 5. Climate change governance Methodology Cities and Towns will be asked to complete the disclosure request using the ICLEI GHG Protocol. This will enable the tools that have been developed by ICLEI to be used in calculating emissions. In the UK, cities and towns that have already calculated their emissions using tools supplied by DEFRA to meet their National Indicator commitments can submit this data along with a clear indication of how it was calculated. Boundaries 2. Publication of Disclosure Submission CDP has established itself as the platform on which investors and corporations can dialogue on issues related to climate change. Cities and towns can now also use this platform to communicate to these groups and more widely their approach to climate change. Climate change is a permanently disruptive phenomenon that will change the way that humans use energy on the planet. Cities and towns that become involved early and communicate to companies, investors and the media that they have understood risk and are developing or have developed strategy will be in a strong position to establish competitive advantage in a low carbon future. "The Carbon Disclosure Project is vital. We have to get everyone to participate in it and they can't be afraid" Bill Clinton, September 2007 Timeline June 2008 Establishment of total pilot project membership July Online response system log-ins issued to participants July to October Response period 31St October Deadline for responses December Report produced on findings 1St February 2009 Expansion to all ICLEI USA members and other cities worldwide Funding CDP is a registered charity in the UK and USA. In line with charitable aims of furthering understanding and action in the response to climate change, CDP is offering this project with no formal fee structure. However, there will be costs. for running the project and participants are invited to consider making a voluntary donation to CDP. The costs for running the project are approximate to a fee of US$1,000 per participant. There are also opportunities for cities and towns to become Lead Sponsors to the project. This includes various high profile options including sponsoring the report and hosting the launch. Previous CDP launches have been addressed by high profile figures including Bill Clinton, Rupert Murdoch, AI Gore and Angela Merkel. Contact Tom Carnac Programme Director -Cities and Towns Disclosure Project tom.carnacCc~cdproject. net Office: +44 (0)207 415 7109 Mobile: +44 (0)782 3770689