London Climate Change Services
London Climate Change Services
 
London Climate Change Services
 
London Climate Change Services - Introduction
 

 

LCCS is a forum to promote the shared interests of the member service providers in the climate change and emissions trading sectors.

LCCS members exist to help international firms adjust to the European and Kyoto Regulations effectively and efficiently by providing expertise across all the wide range of necessary disciplines.
   
 
 

“The City of London is well-placed to become one of the world centres for the emerging carbon market. Neither Governments nor businesses can afford to let these opportunities pass them by”

Environment Minister Elliot Morley at the LCCS launch

London and the UK are at the heart of the world's financial and commodity markets. Here there is a unique concentration of international expertise and capital, with a supportive legal and regulatory system, an advanced communications and IT infrastructure and an unrivalled concentration of professional services.

Over the centuries London has continued to advance its reputation for financial innovation, openness, versatility, efficiency and professionalism. Straddling the world's time zones between Asia and America, it is unique as a centre where international issues and international markets dominate.

The UK Emissions Trading Scheme (ETS), launched in April 2002, is the world's first economy-wide national-level greenhouse gas trading scheme. This groundbreaking experiment was designed to give the government, business sectors and City of London early experience of emissions trading and a first-mover advantage in nascent international emission markets. The European ETS benefits from the important pool of expertise that has developed in the UK after several years of active industry, government and service sector consultation.

London is one of the world's most active centres of commerce and houses the most important trading houses of the world as well as many renowned exchanges. London has also built up a massive expertise in project finance, management, legal and technical services and has become the natural home to many international project developers.

As international legislation evolves and environmental financial products develop, London brings together the most powerful combination of skills in financial services, emissions trading and project development that can now be made available to governments and industry the world over. image
 
LCCS
 

LCCS promotes the shared interests of leading UK businesses. Supporting organisations include academic institutions, engineering firms, consultancies, legal firms, accountants, verification bodies, market traders, commodity brokers, and information technology providers. These companies offer services to the growing global market for the management of climate change responsibilities. Members of the LCCS provide highly skilled jobs and value added to the British economy.

The London Climate Change Services Group has been established with three principal aims, namely:

  1. To support the development of an effective carbon market as a weapon against climate change
  2. To provide UK expertise to the development of carbon markets
  3. To promote London as the International Centre of the Climate Change Services Industry
 
Achievements to date
 
  • LCCS Launch Event in the City of London with Elliot Morley, 20 journalists and over 100 policy makers and industry officials. The event was widely publicised and stimulated debate in the media including on BBC Radio 4's Today program.
  • LCCS is a recognised point of contact for policy makers and other government actors including the Cabinet Office, the Treasury, DEFRA and the DTI. Meetings have been held to gain a business perspective on policy developments and we have been invited to make these meetings regular and recurring.
  • LCCS has produced a brochure with a very wide circulation, both UK and overseas, describing the climate change services industry and all the players involved. The information is also on our website at www.londonclimatechange.com. Membership of LCCS includes advertising of member's details on the LCCS website and brochure.
  • LCCS has negotiated with key suppliers to the industry for member discounts e.g. Carbon Expo 2005, IPE/CEAG emissions training courses, CEAG book.
 
The agenda for 2005
 

Phase II of the EU ETS
LCCS will contribute to discussions on the priorities for Phase II, complementing expertise available from the ETG, but with a unique perspective reflecting a business need to make the market work.

Post-2012
With Kyoto in force the policy agenda has rapidly moved on to the international framework beyond 2012. LCCS has a role to play in ensuring that the new landscape will meet climate change policy objectives while preserving continuity, confidence and consistency in today's nascent GHG markets.

Market Functionality
As the GHG market develops, LCCS will work to ensure that the institutions, infrastructure and role of incumbent market actors evolve to create a competitive and robust market environment.

 
London Climate Change Services (LCCS) is a company limited by guarantee incorporated in England & Wales.
Company registration number 5516083. Registered Office: 4th Floor, 35-37 Grosvenor Gardens, London SW1 OBS