At Bluesource, we’re honored to align strategically with a variety of entities. From innovating in project development to engaging in marketplace and government policy conversations or providing project financing, our alliances help more strongly position us to be effective partners for our clients.
In 2008, Och-Ziff became a strategic partner with Bluesource for the financing and development of new greenhouse gas reduction projects organized through our management team. Och-Ziff is a global institutional asset management firm listed on the New York Stock Exchange (NYSE: OZM) with assets under management of approximately $45.5 billion as of year-end 2015. Established in 1994 by Daniel Och, Och-Ziff has grown into a global company with over 400 employees worldwide and offices in New York, London, Hong Kong, Tokyo, Bangalore and Beijing.
Working with the Nature Conservancy, we have created an innovative forest carbon offering for private landowners to advance forest conservation that puts the power of the market to work to protect forests and fight climate change.
In December, 2009, the Nature Conservancy launched Working Woodlands, a model forest conservation program that aims to protect forests and fight climate change. Through an alliance with Bluesource, the Working Woodlands program allows joint development of market-based incentives that reward landowners who demonstrate exceptional forest management practices.
Building on the Conservancy and Bluesource’s combined experience with land protection, forest certification and carbon finance, Working Woodlands uses an innovative combination of long-term working forest conservation agreements, Forest Stewardship Council (FSC) forest management certification, and carbon market payments to make conservation a more attractive proposition for landowners with no out-of-pocket costs.
Bluesource is a longstanding member of the International Emissions Trading Association (IETA). IETA works to meet the objectives of the United Nations Framework Convention on Climate Change and ultimately climate protection to establish an effective market-based trading system for GHG emissions by businesses that are demonstrably fair, open, efficient, accountable and consistent across national boundaries. The IETA has a goal of developing an active, global GHG market, consistent across national boundaries and involving all flexibility mechanisms as well as creating the Clean Development Mechanism, Joint Implementation and Emissions Trading.
Bluesource is a founding member of the North American Carbon Capture and Storage Association (NACCSA). This association is dedicated to informing individuals, corporations and government parties about the practice of CCS, reviewing and responding to regulatory and legislative actions involving CCS and developing expert support for legislative actions involving CCS.
The Compliance Offset Developers Association (CODA) is an association of member organizations providing carbon offsets for use in the California Greenhouse Gas Cap-and-Trade Program adopted by the California Air Resources Board. Member organizations have a track-record of developing compliance eligible carbon offset projects and believe a functioning, environmentally secure offset market is vital for the effective operation of market-based policies to reduce greenhouse gas emissions at least cost.
CODA aims to use its members’ knowledge and experience to inform policymakers, regulators and other market stakeholders on the effective design and operation of a compliance offset system, focusing on the technical and procedural aspects of the system.
Bluesource has created a strategic alliance with Pacific Forest Trust to assist land trusts and private landowners in bringing high quality forest carbon projects to market.
Since 1993, the Pacific Forest Trust (PFT) has been dedicated to conserving and sustaining America’s vital, productive forest landscapes. Working with forest owners, communities and an array of partners, PFT advances innovative, incentive-based strategies to safeguard our nation’s diverse forests. In so doing, PFT is ensuring forests continue to provide people everywhere — from rural communities to urban centers— with a wealth of benefits, including clean water, sustainably harvested wood, green jobs, wildlife habitat and a livable climate.
The mission of the Texas Carbon Capture and Storage Association (TXCCSA) is to represent the interest of members in the business of CCS and influence the development of CCS policy in Texas. TXCCSA advocates for market-based laws, regulations (where appropriate,) program designs and incentives that promote clean energy and energy independence by increasing environmentally responsible domestic fuel production in Texas. Bluesource is a founding member of TXCCSA.