SlideShare una empresa de Scribd logo
1 de 38
Sustainability Metrics & Capital Markets
1
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics
and
Capital Markets
Dr. Andreas Georgoulias
Harvard University
Sustainability Metrics & Capital Markets
2
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
 Private companies disclosing ESG data
 Investors subscribing to responsible & sustainable investing
 Market indices tracking sustainable performance
 Do capital markets reward sustainability?
Sustainability - from Metrics to Markets
Sustainability Metrics & Capital Markets
3
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
4
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
5
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainable Companies – Sustainable Profits?
Sustainability Metrics & Capital Markets
6
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainable Companies – Sustainable Profits?
Sustainability Metrics & Capital Markets
7
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainable Companies – Sustainable Profits?
Sustainability Metrics & Capital Markets
8
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability - from Strategy to Metrics
 Why sustainability doesn’t always correlate with above-average
returns?
- externalities (carbon etc) not priced in?
- not a viable business model?
- markets don’t care?
- markets don’t know how to measure and assess it?
 How can we connect sustainability to capital markets?
 Risk and reward balance.
 Project Performance Metrics
Sustainability Metrics & Capital Markets
9
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
THE ENVISION RATING SYSTEM™
Sustainability Metrics & Capital Markets
10
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
ENVISION & SUSTAINABLE INFRASTRUCTURE
Envision™ is the product of a joint
collaboration between the :
Zofnass Program for Sustainable
Infrastructure
at
Harvard University Graduate
School of Design
and the
ISI Institute for Sustainable
Infrastructure.
Sustainability Metrics & Capital Markets
11
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
A holistic, integrated approach using metrics, criteria and guidelines
Preserve and enhance the ecological systems
Optimal allocation and use of resources
Address long-term climate change
Enhance health and quality of life
Plan Long-Term Maintenance and Monitoring
Sustainability Metrics & Capital Markets
12
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
5 Major Categories - 60 Measurable Credits
Sustainability Metrics & Capital Markets
13
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Online
application
Sustainability Metrics & Capital Markets
14
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
60 SUBMISSIONS
26 SHORT-
LISTED
BILLION USD
TOTAL INVESTMENT
45 ELIGIBLE
PROJECTS
44
18 COUNTRIES
Sustainability Metrics & Capital Markets
15
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
B. APPLICATION OF ENVISION
Mariscal Sucre
International Airport
Quito, Ecuador
1500 hectares
2400 m above sea level
4100 m long landing strip
41 m high control tower
38,000 m2 of passenger terminal
14,000 m2 cargo terminal
45 gates
US $ 700 million investment
5 million passengers expected in
the first year
Sustainability Metrics & Capital Markets
16
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Baltra Ecological
Airport
Galápagos, Ecuador
6000 m2 of new constructed
terminal
2400 m long runway
new control tower
23000 m2 new platform to be
constructed
US $ 35 million investment
LEED Gold certification
solicitation
Sustainability Metrics & Capital Markets
17
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Xingú And Macapá
High Tension Lines
Amazon, Brazil
1,192 Km extension
6 substations (4 of 500kv, 2 of
230kv)
1,300,000 tons of CO2 reduction
per year
2,400 MW transmission capacity
30 years operation and
maintenance
US $ 2000 million total investment
Sustainability Metrics & Capital Markets
18
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Aura Solar I
Photovoltaic Plant
La Paz, Mexico
100 ha
131,800 one-axis tracked
polycrystalline modules
30 MW
30-year lifespan
82 GWh per year generation
(60% of La Paz households)
US $ 100 million total investment
Sustainability Metrics & Capital Markets
19
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Pozo Almonte
Photovoltaic Plant
Atacama Desert, Chile
100 ha
2,400 meters above sea level
25 MW
US $ 80 million investment
13% of the yearly energy demand
of the mining company
Sustainability Metrics & Capital Markets
20
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Necaxa – Àvila
Camacho Highway,
Sierra Oriental, State
of Puebla, Mexico36.64 km long stretch
6 double tunnels, 12 bridges, four-
lane roads
2.5 hours (5.3 hours before) travel
time from DF to Tuxpán
16,400,000 m3 soil removed
36.6 km toll-free highway
US $ 75 million investment
Sustainability Metrics & Capital Markets
21
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Vias Nuevas de Lima
Lima, Peru
115 km
US $ 21.76 million projected
revenue in 2013
US $ 590 million investment
30-year concession
Integration of 23 districts
Sustainability Metrics & Capital Markets
22
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Los Hierros
Hydroelectric Power
Stations
Melado River Basin,
Chile
19.85 MW installed capacity
110 GWh per year
2 Francis-type turbines
60-years operation
110 kV 17 km long electric
transmission Line
US $ 50 million investment
Sustainability Metrics & Capital Markets
23
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Santo Antônio do Jari
Hydropower Plant
Amazon, Brazil
373.4 MW capacity
196.1 MW of assured energy
3 Francis-type turbines
1 Bulb-type generating unit
100% Energias do Brasil
US $ 360 million investment
31.7 km2 reservoir in Jari River
352,648 tons of CO2 reduction per
year
Sustainability Metrics & Capital Markets
24
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Lima Metro Line 1
Lima, Peru
30-year concession
34 km long
26 stations in 51 minutes
132,000 commuters per day
(250,000 in 2014)
.54 USD per ride
US $ 270 million investment
32,000 tons of CO2 emissions
reduction in the city per year
Sustainability Metrics & Capital Markets
25
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Wastewater Treatment
Plant and Marine
Outfall La Chira, Lima,
Peru
100-year lifespan
11.3 m³/s wastewater treatment
capacity
21.87 hectares of public land
25-year public-private partnership
US $ 161 million investment
Treats wastewater from 2.6
million people in 18 districts of
Lima
Sustainability Metrics & Capital Markets
26
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Los Cocos Windfarm
Pedernales Region,
Dominican Republic
77 MW
200,000 MWH annually
40 Vespa V80 wind turbine
generators
160,000 tons of CO2 reduction
per year
US $ 180 million investment
Sustainability Metrics & Capital Markets
27
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
28
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
29
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Pre-Assessment
Checklist
Recognition
Assessment
Phase Toolkits
Companion
Tools
Sustainability Metrics & Capital Markets
30
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
31
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
32
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
ZOFNASS PROGRAM FOR SUSTAINABLE 32
Sustainability Metrics & Capital Markets
33
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
34
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
35
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainability Metrics & Capital Markets
36
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Sustainable Return on Investment
Source: Williams et al, “Economic Assessments of the Value of Sustainability”,
in “Infrastructure Sustainability and Design”, Routledge: London, 2012.
Sustainability Metrics & Capital Markets
37
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
Source: Williams et al, “Economic Assessments of the Value of Sustainability”,
in “Infrastructure Sustainability and Design”, Routledge: London, 2012.
Sustainability Metrics & Capital Markets
38
May 22, 2014
Prof. Andreas Georgoulias, Harvard University
economictool.zofnass.org

Más contenido relacionado

Destacado

PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
Global Infrastructure Basel Foundation
 

Destacado (19)

REEEP - Infrastructure Finance for Bottom of the Pyramid by Martin Hiller at ...
REEEP - Infrastructure Finance for Bottom of the Pyramid by Martin Hiller at ...REEEP - Infrastructure Finance for Bottom of the Pyramid by Martin Hiller at ...
REEEP - Infrastructure Finance for Bottom of the Pyramid by Martin Hiller at ...
 
SUSI - Energy Learnings from Energy Savings by Patrick Fankhauser at GIB Summit
SUSI - Energy Learnings from Energy Savings by Patrick Fankhauser at GIB SummitSUSI - Energy Learnings from Energy Savings by Patrick Fankhauser at GIB Summit
SUSI - Energy Learnings from Energy Savings by Patrick Fankhauser at GIB Summit
 
ITDP - Advancing Low Carbon Transport by Michael Replogle at GIB Summit
ITDP - Advancing Low Carbon Transport by Michael Replogle at GIB SummitITDP - Advancing Low Carbon Transport by Michael Replogle at GIB Summit
ITDP - Advancing Low Carbon Transport by Michael Replogle at GIB Summit
 
WWF - Enabling Long Term Sustainable Investments by Timothy Hassett at GIB Su...
WWF - Enabling Long Term Sustainable Investments by Timothy Hassett at GIB Su...WWF - Enabling Long Term Sustainable Investments by Timothy Hassett at GIB Su...
WWF - Enabling Long Term Sustainable Investments by Timothy Hassett at GIB Su...
 
Gib global infrastructure basel daniel wiener
Gib global infrastructure basel daniel wienerGib global infrastructure basel daniel wiener
Gib global infrastructure basel daniel wiener
 
Kota - Mobilizing Large Scale Capital by Mayor Ratna Jain at GIB Summit
 Kota - Mobilizing Large Scale Capital by Mayor Ratna Jain at GIB Summit Kota - Mobilizing Large Scale Capital by Mayor Ratna Jain at GIB Summit
Kota - Mobilizing Large Scale Capital by Mayor Ratna Jain at GIB Summit
 
CSCP - City for one Planet Living by Michael Kuhndt
CSCP - City for one Planet Living by Michael KuhndtCSCP - City for one Planet Living by Michael Kuhndt
CSCP - City for one Planet Living by Michael Kuhndt
 
The Gold Standard - GIB Summit 2014 by Adrian Rimmer at GIB Summit
The Gold Standard - GIB Summit 2014 by Adrian Rimmer at GIB SummitThe Gold Standard - GIB Summit 2014 by Adrian Rimmer at GIB Summit
The Gold Standard - GIB Summit 2014 by Adrian Rimmer at GIB Summit
 
GIB Foundation - Financing Infrastructure Projects in Cities by André Schneid...
GIB Foundation - Financing Infrastructure Projects in Cities by André Schneid...GIB Foundation - Financing Infrastructure Projects in Cities by André Schneid...
GIB Foundation - Financing Infrastructure Projects in Cities by André Schneid...
 
CDIA - City Creditworthiness by Yu Zhang at GIB Summit
CDIA - City Creditworthiness by Yu Zhang at GIB SummitCDIA - City Creditworthiness by Yu Zhang at GIB Summit
CDIA - City Creditworthiness by Yu Zhang at GIB Summit
 
IFC - Advisory and Financial Instruments by Nebojsa Arsenijevic at GIB Summit
IFC - Advisory and Financial Instruments by Nebojsa Arsenijevic at GIB SummitIFC - Advisory and Financial Instruments by Nebojsa Arsenijevic at GIB Summit
IFC - Advisory and Financial Instruments by Nebojsa Arsenijevic at GIB Summit
 
ABB - Sustainable Procurement by Philip Juneau at GIB Summit
ABB - Sustainable Procurement by Philip Juneau at GIB SummitABB - Sustainable Procurement by Philip Juneau at GIB Summit
ABB - Sustainable Procurement by Philip Juneau at GIB Summit
 
Climate Bonds Initiative - Creditworthiness by Sean Kidney at GIB Summit
Climate Bonds Initiative - Creditworthiness by Sean Kidney at GIB SummitClimate Bonds Initiative - Creditworthiness by Sean Kidney at GIB Summit
Climate Bonds Initiative - Creditworthiness by Sean Kidney at GIB Summit
 
London - London Greenfunds by Matthew Pencharz at GIB Summit
London - London Greenfunds by Matthew Pencharz at GIB SummitLondon - London Greenfunds by Matthew Pencharz at GIB Summit
London - London Greenfunds by Matthew Pencharz at GIB Summit
 
MIGA - How Political Risk Insurance by Keiko Honda at GIB Summit
MIGA - How Political Risk Insurance by Keiko Honda at GIB SummitMIGA - How Political Risk Insurance by Keiko Honda at GIB Summit
MIGA - How Political Risk Insurance by Keiko Honda at GIB Summit
 
PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
PWC - Catalysing Institutional Investment in Climate-Resilient Infrastructure...
 
Harvard Busniess School - Financing Infrastructure Projects in Cities by Prof...
Harvard Busniess School - Financing Infrastructure Projects in Cities by Prof...Harvard Busniess School - Financing Infrastructure Projects in Cities by Prof...
Harvard Busniess School - Financing Infrastructure Projects in Cities by Prof...
 
UNEP - Investing In Sustainable Infrastructure by Yuki Yasui at GIB Summit
UNEP - Investing In Sustainable Infrastructure by Yuki Yasui at GIB SummitUNEP - Investing In Sustainable Infrastructure by Yuki Yasui at GIB Summit
UNEP - Investing In Sustainable Infrastructure by Yuki Yasui at GIB Summit
 
Alstom - Innovative Infrastructure Finance by Giles Dickson at GIB Summit
Alstom - Innovative Infrastructure Finance by Giles Dickson at GIB SummitAlstom - Innovative Infrastructure Finance by Giles Dickson at GIB Summit
Alstom - Innovative Infrastructure Finance by Giles Dickson at GIB Summit
 

Similar a Harvard University - GIB Summit 2014 by Andreas Georgoulias at GIB Summit

Brief On Sustainable Agriculture Precious Final
Brief On Sustainable Agriculture Precious FinalBrief On Sustainable Agriculture Precious Final
Brief On Sustainable Agriculture Precious Final
guest502056
 

Similar a Harvard University - GIB Summit 2014 by Andreas Georgoulias at GIB Summit (20)

Solar – powered micro – irrigation demonstrations for food security, youth an...
Solar – powered micro – irrigation demonstrations for food security, youth an...Solar – powered micro – irrigation demonstrations for food security, youth an...
Solar – powered micro – irrigation demonstrations for food security, youth an...
 
How to make tomorrow love today- meeting society’s needs sustainably in the 2...
How to make tomorrow love today- meeting society’s needs sustainably in the 2...How to make tomorrow love today- meeting society’s needs sustainably in the 2...
How to make tomorrow love today- meeting society’s needs sustainably in the 2...
 
climate smart agriculture concept and its application in India
climate smart agriculture concept and its application in Indiaclimate smart agriculture concept and its application in India
climate smart agriculture concept and its application in India
 
West Virginia Gardening & Climate Change Adaption
West Virginia Gardening & Climate Change Adaption West Virginia Gardening & Climate Change Adaption
West Virginia Gardening & Climate Change Adaption
 
CGIAR Research Program on Dryland Systems, Value for Money
CGIAR Research Program on Dryland Systems, Value for MoneyCGIAR Research Program on Dryland Systems, Value for Money
CGIAR Research Program on Dryland Systems, Value for Money
 
The UK N8 AgriFood Programme
The UK N8 AgriFood ProgrammeThe UK N8 AgriFood Programme
The UK N8 AgriFood Programme
 
CGIAR research initiatives: One Health and Resilient Cities
CGIAR research initiatives: One Health and Resilient CitiesCGIAR research initiatives: One Health and Resilient Cities
CGIAR research initiatives: One Health and Resilient Cities
 
Facilitating behaviour change for the adoption of non treatment options for t...
Facilitating behaviour change for the adoption of non treatment options for t...Facilitating behaviour change for the adoption of non treatment options for t...
Facilitating behaviour change for the adoption of non treatment options for t...
 
Cucurbitaceae 2018 promo_slides_current_one
Cucurbitaceae 2018 promo_slides_current_oneCucurbitaceae 2018 promo_slides_current_one
Cucurbitaceae 2018 promo_slides_current_one
 
Qualitative prioritization - Tim Kelley
Qualitative prioritization - Tim KelleyQualitative prioritization - Tim Kelley
Qualitative prioritization - Tim Kelley
 
ICRISAT Global Planning Meeting 2019:Research Program - Innovation Systems fo...
ICRISAT Global Planning Meeting 2019:Research Program - Innovation Systems fo...ICRISAT Global Planning Meeting 2019:Research Program - Innovation Systems fo...
ICRISAT Global Planning Meeting 2019:Research Program - Innovation Systems fo...
 
IWMI in Action
IWMI in ActionIWMI in Action
IWMI in Action
 
Ola Network
Ola NetworkOla Network
Ola Network
 
Dr. Marty Matlock - Aligning Aquaculture KPI Metrics with Other Livestock Sec...
Dr. Marty Matlock - Aligning Aquaculture KPI Metrics with Other Livestock Sec...Dr. Marty Matlock - Aligning Aquaculture KPI Metrics with Other Livestock Sec...
Dr. Marty Matlock - Aligning Aquaculture KPI Metrics with Other Livestock Sec...
 
SWIG programme brochure 2017-18
SWIG programme brochure   2017-18SWIG programme brochure   2017-18
SWIG programme brochure 2017-18
 
The Windsor Consulting Group Center for OSH Sustainability
The Windsor Consulting Group Center for OSH SustainabilityThe Windsor Consulting Group Center for OSH Sustainability
The Windsor Consulting Group Center for OSH Sustainability
 
Brief On Sustainable Agriculture Precious Final
Brief On Sustainable Agriculture Precious FinalBrief On Sustainable Agriculture Precious Final
Brief On Sustainable Agriculture Precious Final
 
Solar si alte info pm2098
Solar si alte info pm2098Solar si alte info pm2098
Solar si alte info pm2098
 
Solar si alte info pm2098
Solar si alte info pm2098Solar si alte info pm2098
Solar si alte info pm2098
 
Vf v4
Vf v4Vf v4
Vf v4
 

Más de Global Infrastructure Basel Foundation

Más de Global Infrastructure Basel Foundation (20)

GIB2015_Structuring Sustainable Infrastructure Projects_IISD Panel
GIB2015_Structuring Sustainable Infrastructure Projects_IISD PanelGIB2015_Structuring Sustainable Infrastructure Projects_IISD Panel
GIB2015_Structuring Sustainable Infrastructure Projects_IISD Panel
 
GIB2015_Solid Standards and Ratings_Schneider_Roos
GIB2015_Solid Standards and Ratings_Schneider_RoosGIB2015_Solid Standards and Ratings_Schneider_Roos
GIB2015_Solid Standards and Ratings_Schneider_Roos
 
GIB2015_Solid Standards and Ratings_Ruijie
GIB2015_Solid Standards and Ratings_RuijieGIB2015_Solid Standards and Ratings_Ruijie
GIB2015_Solid Standards and Ratings_Ruijie
 
GIB20115_Solid Standards and Ratings-Kornmann
GIB20115_Solid Standards and Ratings-KornmannGIB20115_Solid Standards and Ratings-Kornmann
GIB20115_Solid Standards and Ratings-Kornmann
 
GIB2015_Solid Standards and Ratings_Georgoulias
GIB2015_Solid Standards and Ratings_GeorgouliasGIB2015_Solid Standards and Ratings_Georgoulias
GIB2015_Solid Standards and Ratings_Georgoulias
 
GIB2015_Solid Standards and Ratings_Baillon
GIB2015_Solid Standards and Ratings_BaillonGIB2015_Solid Standards and Ratings_Baillon
GIB2015_Solid Standards and Ratings_Baillon
 
GIB2015_Public and Private Sector Transit Development_Hughes
GIB2015_Public and Private Sector Transit Development_HughesGIB2015_Public and Private Sector Transit Development_Hughes
GIB2015_Public and Private Sector Transit Development_Hughes
 
GIB2015_Public and Private Sector Transit Development_Grant
GIB2015_Public and Private Sector Transit Development_GrantGIB2015_Public and Private Sector Transit Development_Grant
GIB2015_Public and Private Sector Transit Development_Grant
 
GIB2015_Public and Private sector Transit Development_Gonzalez
GIB2015_Public and Private sector Transit Development_GonzalezGIB2015_Public and Private sector Transit Development_Gonzalez
GIB2015_Public and Private sector Transit Development_Gonzalez
 
GIB2015_Public and Private Sector Transit Development_Bustinduy
GIB2015_Public and Private Sector Transit Development_BustinduyGIB2015_Public and Private Sector Transit Development_Bustinduy
GIB2015_Public and Private Sector Transit Development_Bustinduy
 
GIB2015_Investors Approach to Sustainable Infrastructure_Valahu
GIB2015_Investors Approach to Sustainable Infrastructure_ValahuGIB2015_Investors Approach to Sustainable Infrastructure_Valahu
GIB2015_Investors Approach to Sustainable Infrastructure_Valahu
 
GIB2015_Investors Approach to Sustainable Infrastructure_Barben
GIB2015_Investors Approach to Sustainable Infrastructure_BarbenGIB2015_Investors Approach to Sustainable Infrastructure_Barben
GIB2015_Investors Approach to Sustainable Infrastructure_Barben
 
GIB2015_Instruments for Increasing Capital Flows_Zhang
GIB2015_Instruments for Increasing Capital Flows_ZhangGIB2015_Instruments for Increasing Capital Flows_Zhang
GIB2015_Instruments for Increasing Capital Flows_Zhang
 
GIB2015_Instruments for Increasing Capital Flows_von Gunten
GIB2015_Instruments for Increasing Capital Flows_von GuntenGIB2015_Instruments for Increasing Capital Flows_von Gunten
GIB2015_Instruments for Increasing Capital Flows_von Gunten
 
GIB2015_Instruments for Increasing Capital Flows_Fischer
GIB2015_Instruments for Increasing Capital Flows_FischerGIB2015_Instruments for Increasing Capital Flows_Fischer
GIB2015_Instruments for Increasing Capital Flows_Fischer
 
GIB2015_Instruments for Increasing Capital Flows_Alexander
GIB2015_Instruments for Increasing Capital Flows_AlexanderGIB2015_Instruments for Increasing Capital Flows_Alexander
GIB2015_Instruments for Increasing Capital Flows_Alexander
 
GIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_ChangshengGIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
GIB2015_Increasing Efficiency of Sustainable Infrastructure_Changsheng
 
GIB2015_Increase Investment in Sustainable Infrasructure_Jianzhong
GIB2015_Increase Investment in Sustainable Infrasructure_JianzhongGIB2015_Increase Investment in Sustainable Infrasructure_Jianzhong
GIB2015_Increase Investment in Sustainable Infrasructure_Jianzhong
 
GIB2015_Closing Financing Gap in Resilient Infrastructure_Pretel
GIB2015_Closing Financing Gap in Resilient Infrastructure_PretelGIB2015_Closing Financing Gap in Resilient Infrastructure_Pretel
GIB2015_Closing Financing Gap in Resilient Infrastructure_Pretel
 
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_BreschGIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
GIB2015_Closing Financing Gap in Resilient Infrastructure_Bresch
 

Último

Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
mriyagarg453
 
B2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxcccccccccccccccB2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxccccccccccccccc
MollyBrown86
 
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our EscortsVIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
sonatiwari757
 
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts PodanurTop Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
dharasingh5698
 
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Call Girls In Delhi Whatsup 9873940964 Enjoy Unlimited Pleasure
 
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
Call Girls In Delhi Whatsup 9873940964 Enjoy Unlimited Pleasure
 
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
anilsa9823
 

Último (20)

Collective Mining | Corporate Presentation - April 2024
Collective Mining | Corporate Presentation - April 2024Collective Mining | Corporate Presentation - April 2024
Collective Mining | Corporate Presentation - April 2024
 
Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
Ambala Escorts Service ☎️ 6378878445 ( Sakshi Sinha ) High Profile Call Girls...
 
B2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxcccccccccccccccB2 Interpret the brief.docxccccccccccccccc
B2 Interpret the brief.docxccccccccccccccc
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call GirlVIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
VIP 7001035870 Find & Meet Hyderabad Call Girls Abids high-profile Call Girl
 
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...Vijayawada ( Call Girls ) Pune  6297143586  Hot Model With Sexy Bhabi Ready F...
Vijayawada ( Call Girls ) Pune 6297143586 Hot Model With Sexy Bhabi Ready F...
 
Call Girls 🫤 Hauz Khas ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ENJOY
Call Girls 🫤 Hauz Khas ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ENJOYCall Girls 🫤 Hauz Khas ➡️ 9999965857  ➡️ Delhi 🫦  Russian Escorts FULL ENJOY
Call Girls 🫤 Hauz Khas ➡️ 9999965857 ➡️ Delhi 🫦 Russian Escorts FULL ENJOY
 
Nicola Mining Inc. Corporate Presentation May 2024
Nicola Mining Inc. Corporate Presentation May 2024Nicola Mining Inc. Corporate Presentation May 2024
Nicola Mining Inc. Corporate Presentation May 2024
 
Enjoy Night⚡Call Girls Udyog Vihar Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Udyog Vihar Gurgaon >༒8448380779 Escort ServiceEnjoy Night⚡Call Girls Udyog Vihar Gurgaon >༒8448380779 Escort Service
Enjoy Night⚡Call Girls Udyog Vihar Gurgaon >༒8448380779 Escort Service
 
(‿ˠ‿) Independent Call Girls Laxmi Nagar 👉 9999965857 👈 Delhi : 9999 Cash Pa...
(‿ˠ‿) Independent Call Girls Laxmi Nagar 👉 9999965857 👈 Delhi  : 9999 Cash Pa...(‿ˠ‿) Independent Call Girls Laxmi Nagar 👉 9999965857 👈 Delhi  : 9999 Cash Pa...
(‿ˠ‿) Independent Call Girls Laxmi Nagar 👉 9999965857 👈 Delhi : 9999 Cash Pa...
 
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our EscortsVIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
VIP Call Girl Amritsar 7001035870 Enjoy Call Girls With Our Escorts
 
VVIP Pune Call Girls Sopan Baug WhatSapp Number 8005736733 With Elite Staff A...
VVIP Pune Call Girls Sopan Baug WhatSapp Number 8005736733 With Elite Staff A...VVIP Pune Call Girls Sopan Baug WhatSapp Number 8005736733 With Elite Staff A...
VVIP Pune Call Girls Sopan Baug WhatSapp Number 8005736733 With Elite Staff A...
 
(👉゚9999965857 ゚)👉 VIP Call Girls Friends Colony 👉 Delhi 👈 : 9999 Cash Payment...
(👉゚9999965857 ゚)👉 VIP Call Girls Friends Colony 👉 Delhi 👈 : 9999 Cash Payment...(👉゚9999965857 ゚)👉 VIP Call Girls Friends Colony 👉 Delhi 👈 : 9999 Cash Payment...
(👉゚9999965857 ゚)👉 VIP Call Girls Friends Colony 👉 Delhi 👈 : 9999 Cash Payment...
 
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts PodanurTop Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
Top Rated Call Girls In Podanur 📱 {7001035870} VIP Escorts Podanur
 
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 3 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
 
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
Russian Call Girls Rohini Sector 22 💓 Delhi 9999965857 @Sabina Modi VVIP MODE...
 
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
VVIP Pune Call Girls Handewadi WhatSapp Number 8005736733 With Elite Staff An...
 
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
@9999965857 🫦 Sexy Desi Call Girls Karol Bagh 💓 High Profile Escorts Delhi 🫶
 
BDSM⚡Call Girls in Hari Nagar Delhi >༒8448380779 Escort Service
BDSM⚡Call Girls in Hari Nagar Delhi >༒8448380779 Escort ServiceBDSM⚡Call Girls in Hari Nagar Delhi >༒8448380779 Escort Service
BDSM⚡Call Girls in Hari Nagar Delhi >༒8448380779 Escort Service
 
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual serviceCALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
CALL ON ➥8923113531 🔝Call Girls Fazullaganj Lucknow best sexual service
 
Vip Call Girls Vasant Kunj ➡️ Delhi ➡️ 9999965857 No Advance 24HRS Live
Vip Call Girls Vasant Kunj ➡️ Delhi ➡️ 9999965857 No Advance 24HRS LiveVip Call Girls Vasant Kunj ➡️ Delhi ➡️ 9999965857 No Advance 24HRS Live
Vip Call Girls Vasant Kunj ➡️ Delhi ➡️ 9999965857 No Advance 24HRS Live
 

Harvard University - GIB Summit 2014 by Andreas Georgoulias at GIB Summit

  • 1. Sustainability Metrics & Capital Markets 1 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainability Metrics and Capital Markets Dr. Andreas Georgoulias Harvard University
  • 2. Sustainability Metrics & Capital Markets 2 May 22, 2014 Prof. Andreas Georgoulias, Harvard University  Private companies disclosing ESG data  Investors subscribing to responsible & sustainable investing  Market indices tracking sustainable performance  Do capital markets reward sustainability? Sustainability - from Metrics to Markets
  • 3. Sustainability Metrics & Capital Markets 3 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 4. Sustainability Metrics & Capital Markets 4 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 5. Sustainability Metrics & Capital Markets 5 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainable Companies – Sustainable Profits?
  • 6. Sustainability Metrics & Capital Markets 6 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainable Companies – Sustainable Profits?
  • 7. Sustainability Metrics & Capital Markets 7 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainable Companies – Sustainable Profits?
  • 8. Sustainability Metrics & Capital Markets 8 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainability - from Strategy to Metrics  Why sustainability doesn’t always correlate with above-average returns? - externalities (carbon etc) not priced in? - not a viable business model? - markets don’t care? - markets don’t know how to measure and assess it?  How can we connect sustainability to capital markets?  Risk and reward balance.  Project Performance Metrics
  • 9. Sustainability Metrics & Capital Markets 9 May 22, 2014 Prof. Andreas Georgoulias, Harvard University THE ENVISION RATING SYSTEM™
  • 10. Sustainability Metrics & Capital Markets 10 May 22, 2014 Prof. Andreas Georgoulias, Harvard University ENVISION & SUSTAINABLE INFRASTRUCTURE Envision™ is the product of a joint collaboration between the : Zofnass Program for Sustainable Infrastructure at Harvard University Graduate School of Design and the ISI Institute for Sustainable Infrastructure.
  • 11. Sustainability Metrics & Capital Markets 11 May 22, 2014 Prof. Andreas Georgoulias, Harvard University A holistic, integrated approach using metrics, criteria and guidelines Preserve and enhance the ecological systems Optimal allocation and use of resources Address long-term climate change Enhance health and quality of life Plan Long-Term Maintenance and Monitoring
  • 12. Sustainability Metrics & Capital Markets 12 May 22, 2014 Prof. Andreas Georgoulias, Harvard University 5 Major Categories - 60 Measurable Credits
  • 13. Sustainability Metrics & Capital Markets 13 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Online application
  • 14. Sustainability Metrics & Capital Markets 14 May 22, 2014 Prof. Andreas Georgoulias, Harvard University 60 SUBMISSIONS 26 SHORT- LISTED BILLION USD TOTAL INVESTMENT 45 ELIGIBLE PROJECTS 44 18 COUNTRIES
  • 15. Sustainability Metrics & Capital Markets 15 May 22, 2014 Prof. Andreas Georgoulias, Harvard University B. APPLICATION OF ENVISION Mariscal Sucre International Airport Quito, Ecuador 1500 hectares 2400 m above sea level 4100 m long landing strip 41 m high control tower 38,000 m2 of passenger terminal 14,000 m2 cargo terminal 45 gates US $ 700 million investment 5 million passengers expected in the first year
  • 16. Sustainability Metrics & Capital Markets 16 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Baltra Ecological Airport Galápagos, Ecuador 6000 m2 of new constructed terminal 2400 m long runway new control tower 23000 m2 new platform to be constructed US $ 35 million investment LEED Gold certification solicitation
  • 17. Sustainability Metrics & Capital Markets 17 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Xingú And Macapá High Tension Lines Amazon, Brazil 1,192 Km extension 6 substations (4 of 500kv, 2 of 230kv) 1,300,000 tons of CO2 reduction per year 2,400 MW transmission capacity 30 years operation and maintenance US $ 2000 million total investment
  • 18. Sustainability Metrics & Capital Markets 18 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Aura Solar I Photovoltaic Plant La Paz, Mexico 100 ha 131,800 one-axis tracked polycrystalline modules 30 MW 30-year lifespan 82 GWh per year generation (60% of La Paz households) US $ 100 million total investment
  • 19. Sustainability Metrics & Capital Markets 19 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Pozo Almonte Photovoltaic Plant Atacama Desert, Chile 100 ha 2,400 meters above sea level 25 MW US $ 80 million investment 13% of the yearly energy demand of the mining company
  • 20. Sustainability Metrics & Capital Markets 20 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Necaxa – Àvila Camacho Highway, Sierra Oriental, State of Puebla, Mexico36.64 km long stretch 6 double tunnels, 12 bridges, four- lane roads 2.5 hours (5.3 hours before) travel time from DF to Tuxpán 16,400,000 m3 soil removed 36.6 km toll-free highway US $ 75 million investment
  • 21. Sustainability Metrics & Capital Markets 21 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Vias Nuevas de Lima Lima, Peru 115 km US $ 21.76 million projected revenue in 2013 US $ 590 million investment 30-year concession Integration of 23 districts
  • 22. Sustainability Metrics & Capital Markets 22 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Los Hierros Hydroelectric Power Stations Melado River Basin, Chile 19.85 MW installed capacity 110 GWh per year 2 Francis-type turbines 60-years operation 110 kV 17 km long electric transmission Line US $ 50 million investment
  • 23. Sustainability Metrics & Capital Markets 23 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Santo Antônio do Jari Hydropower Plant Amazon, Brazil 373.4 MW capacity 196.1 MW of assured energy 3 Francis-type turbines 1 Bulb-type generating unit 100% Energias do Brasil US $ 360 million investment 31.7 km2 reservoir in Jari River 352,648 tons of CO2 reduction per year
  • 24. Sustainability Metrics & Capital Markets 24 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Lima Metro Line 1 Lima, Peru 30-year concession 34 km long 26 stations in 51 minutes 132,000 commuters per day (250,000 in 2014) .54 USD per ride US $ 270 million investment 32,000 tons of CO2 emissions reduction in the city per year
  • 25. Sustainability Metrics & Capital Markets 25 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Wastewater Treatment Plant and Marine Outfall La Chira, Lima, Peru 100-year lifespan 11.3 m³/s wastewater treatment capacity 21.87 hectares of public land 25-year public-private partnership US $ 161 million investment Treats wastewater from 2.6 million people in 18 districts of Lima
  • 26. Sustainability Metrics & Capital Markets 26 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Los Cocos Windfarm Pedernales Region, Dominican Republic 77 MW 200,000 MWH annually 40 Vespa V80 wind turbine generators 160,000 tons of CO2 reduction per year US $ 180 million investment
  • 27. Sustainability Metrics & Capital Markets 27 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 28. Sustainability Metrics & Capital Markets 28 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 29. Sustainability Metrics & Capital Markets 29 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Pre-Assessment Checklist Recognition Assessment Phase Toolkits Companion Tools
  • 30. Sustainability Metrics & Capital Markets 30 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 31. Sustainability Metrics & Capital Markets 31 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 32. Sustainability Metrics & Capital Markets 32 May 22, 2014 Prof. Andreas Georgoulias, Harvard University ZOFNASS PROGRAM FOR SUSTAINABLE 32
  • 33. Sustainability Metrics & Capital Markets 33 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 34. Sustainability Metrics & Capital Markets 34 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 35. Sustainability Metrics & Capital Markets 35 May 22, 2014 Prof. Andreas Georgoulias, Harvard University
  • 36. Sustainability Metrics & Capital Markets 36 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Sustainable Return on Investment Source: Williams et al, “Economic Assessments of the Value of Sustainability”, in “Infrastructure Sustainability and Design”, Routledge: London, 2012.
  • 37. Sustainability Metrics & Capital Markets 37 May 22, 2014 Prof. Andreas Georgoulias, Harvard University Source: Williams et al, “Economic Assessments of the Value of Sustainability”, in “Infrastructure Sustainability and Design”, Routledge: London, 2012.
  • 38. Sustainability Metrics & Capital Markets 38 May 22, 2014 Prof. Andreas Georgoulias, Harvard University economictool.zofnass.org