Taskforce on Scaling Voluntary Carbon Markets

Total Page:16

File Type:pdf, Size:1020Kb

Taskforce on Scaling Voluntary Carbon Markets JANUARY 2021 TASKFORCE ON SCALING VOLUNTARY CARBON MARKETS FINAL REPORT ABOUT THE TASKFORCE The Taskforce on Scaling Voluntary Carbon Markets is a private sector-led initiative working to scale an effective and efficient voluntary carbon market to help meet the goals of the Paris Agreement. The Taskforce was initiated by Mark Carney, UN Special Envoy for Climate Action and Finance Advisor to UK Prime Minister Boris Johnson for the 26th UN Climate Change Conference of the Parties (COP26); is chaired by Bill Winters, Group Chief Executive, Standard Chartered; and is sponsored by the Institute of International Finance (IIF) under the leadership of IIF President and CEO, Tim Adams. Annette Nazareth, senior counsel at Davis Polk and former Commissioner of the US Securities and Exchange Commission, serves as the Operating Lead for the Taskforce. McKinsey & Company provides knowledge and advisory support. The Taskforce’s more than 50 members represent buyers and sellers of carbon credits, standard setters, the financial sector and market infrastructure providers. The Taskforce’s unique value proposition has been to bring all parts of the value chain to work intensively together and to provide recommended actions for the most pressing pain-points facing voluntary carbon markets. The Taskforce is also supported by a highly engaged Consultation Group, composed of subject- matter experts from approximately 120 institutions, who contribute additional perspective to the recommendations. ABOUT THE REPORT This report was developed by the Taskforce on Scaling Voluntary Carbon Markets, drawing on multiple sources, including a research collaboration with McKinsey & Company, which is providing knowledge and advisory support to the IIF. The Taskforce is responsible for the conclusions and recommendations of the research. Members of the Taskforce on Scaling Voluntary Carbon Markets provided insights across their particular fields of expertise. The findings in this report do not necessarily reflect the views of individual Taskforce members or contributors. ACKNOWLEDGEMENTS We would like to thank all Taskforce members and Consultation Group members that contributed their time, insights and perspectives. We would like to express our special thanks to the philanthropic entities who have supported this project as donors, including the High Tide Foundation, which has served as the lead donor with the Children’s Investment Fund Foundation and Quadrature serving as supporting donors. We would also like to express our special thanks to Bloomberg Philanthropies and ClimateWorks Foundation for their assistance coordinating our funding. The work of the Taskforce would not have been possible without the generous support and thoughtful engagement of all of these supporting institutions. TASKFORCE LEADERSHIP TIM ADAMS PRESIDENT AND CEO THE INSTITUTE OF INTERNATIONAL FINANCE BILL WINTERS CEO STANDARD CHARTERED ANNETTE NAZARETH SENIOR COUNSEL AT DAVIS POLK FORMER SEC COMMISSIONER SUPPORTER MARK CARNEY UN SPECIAL ENVOY FOR CLIMATE ACTION AND FINANCE FINANCE ADVISOR TO UK PRIME MINISTER BORIS JOHNSON FOR COP26 PREFACE: A WORD FROM THE TASKFORCE LEADERSHIP The need for climate action, and tools to carbon market, one that promotes genuine mobilize finance for the low-carbon and action of high environmental integrity. We resilient transition, grows more urgent by the sincerely want to thank the voluntary market day. To achieve the Paris goals to limit global participants for their trailblazing efforts in warming to 1.5 degrees Celsius, the global developing the current well-functioning and community needs to reach net-zero emissions credible market, which is now in a position to by no later than 2050. This will require a further improve and scale. whole-economy transition—every company, Along with the carbon avoided, reduced, or every bank, every insurer and investor removed, the scaling up of markets has the will have to adjust their business models, further potential to help support financial develop credible plans for the transition, and flows to the Global South, as activities and implement them. projects in these countries can provide a cost- Stakeholders across the global economy effective source of these carbon-emission are stepping up to this challenge. Investors, reductions. Voluntary carbon markets can executives, policymakers, and consumers also play a critical role in scaling down cost have realized the role they can play and have curves for emerging climate technologies, promoted or committed to strategies to bringing these technologies to market earlier, achieve net-zero or net-negative emissions. and allowing them to be used in direct To identify the risks and opportunities decarbonization efforts. arising from this transition, investors are The Taskforce on Scaling Voluntary Carbon demanding transition plans and granular Markets was convened in September, information about how companies plan to bringing together experts from across the reach these targets. Concrete climate action carbon markets value-chain, from more than by corporations, including appropriate use of 20 sectors of the economy and six continents, offsetting, cannot wait until 2050, but needs and with experience of the full history of to start now. these markets. Supported by a Consultation Many companies, especially in hard-to- Group covering an even broader set of abate sectors, will need to offset emissions experts and observers, it has worked at pace as they achieve their decarbonization goals, to draw up a blueprint and roadmap to build creating a surge in demand for credible the market infrastructure needed for a fully offsets. The credibility of voluntary carbon functional voluntary market. credits in transition plans will be open to The Taskforce’s recommendations aim to increased scrutiny. To facilitate this global identify the infrastructure solutions necessary decarbonization there is a need for a large, to scale voluntary carbon markets. These transparent, verifiable and robust voluntary are recommendations for the private sector developed by both current and potential Group for their continued engagement. market users to ensure this market can This report is the beginning of a longer deliver to the needs of its participants process. Going forward, the Taskforce and without compromising the integrity of Consultation Group will continue to move decarbonization. The Taskforce has found with deliberation, at pace, and with inclusivity six key areas where efforts are required to drive real change in the market. While the to achieve a large, transparent, verifiable, majority of the required work will be driven by and robust voluntary carbon market; individual market participants, the Taskforce these themes are establishing core carbon and Consultation Group will support four principles, core carbon reference contracts, topics: i) Stakeholder engagement, ii) infrastructure, offset legitimacy, market Governance, iii) Legal principles & contracts, integrity, and demand signaling. iv) Credit level market integrity. We would like to thank the Taskforce This is truly an historic opportunity to members for their extensive contributions contribute to getting the world to net-zero, and dedication to this effort, as well as all and we encourage continued participation respondents to the public consultation on the from across the economic value chain to Taskforce’s initial findings. We also thank the ensure that the blueprint and future initiatives wide range of public and private institutions set out a pathway toward real growth of participating in the Taskforce’s Consultation these markets. FOREWORD BY BILL GATES Every year, the world emits approximately 51 billion tons of greenhouse gases into the atmosphere. To avoid the worst impacts of climate change, we need to reduce that number to zero—and we need to do it in the next 30 years. This will be one of the hardest challenges humanity has ever faced, but we can meet it if we act boldly to reduce emissions worldwide. The private sector has an essential role to play in this effort. Companies and industries must work to decarbonize their production, distribution, and supply chains. They must make big investments in the innovative new technologies that can accelerate decarbonization across the global economy. And they need to develop and scale markets for carbon that encourage partners and competitors to reduce their emissions, too. We need to think differently about how we finance the physical economy so we can bring reliable, affordable, and carbon-free solutions to the whole world. A robust voluntary carbon market is one important tool the private sector can use to address climate change and reach net-zero emissions by 2050. While this market is important for a number of reasons, I am most excited because I believe it has the potential to drive early investment in green technologies, especially those that are difficult to commercialize. To take just one example, the third largest contributor to global emissions is manufacturing, so the world needs to find ways to produce carbon-free materials like steel and cement. To do so, we need new technologies such as carbon capture, the electrification of manufacturing processes, and green hydrogen. If carbon credits help make these emerging climate technologies more affordable now, they can eventually be used more widely and cost-effectively to reduce direct emissions. By orders of magnitude, this will enhance the positive impact of the carbon credits themselves. An increasing number of voluntary
Recommended publications
  • Middle East Oil Pricing Systems in Flux Introduction
    May 2021: ISSUE 128 MIDDLE EAST OIL PRICING SYSTEMS IN FLUX INTRODUCTION ........................................................................................................................................................................ 2 THE GULF/ASIA BENCHMARKS: SETTING THE SCENE...................................................................................................... 5 Adi Imsirovic THE SHIFT IN CRUDE AND PRODUCT FLOWS ..................................................................................................................... 8 Reid l'Anson and Kevin Wright THE DUBAI BENCHMARK: EVOLUTION AND RESILIENCE ............................................................................................... 12 Dave Ernsberger MIDDLE EAST AND ASIA OIL PRICING—BENCHMARKS AND TRADING OPPORTUNITIES......................................... 15 Paul Young THE PROSPECTS OF MURBAN AS A BENCHMARK .......................................................................................................... 18 Michael Wittner IFAD: A LURCHING START IN A SANDY ROAD .................................................................................................................. 22 Jorge Montepeque THE SECOND SPLIT: BASRAH MEDIUM AND THE CHALLENGE OF IRAQI CRUDE QUALITY...................................... 29 Ahmed Mehdi CHINA’S SHANGHAI INE CRUDE FUTURES: HAPPY ACCIDENT VERSUS OVERDESIGN ............................................. 33 Tom Reed FUJAIRAH’S RISE TO PROMINENCE ..................................................................................................................................
    [Show full text]
  • Working with System Frameworks in Python and Objective-C
    Working with System Frameworks in Python and Objective-C by James Barclay Feedback :) j.mp/psumac2015-62 2 Dude, Where’s My Source Code? CODE https://github.com/futureimperfect/psu-pyobjc-demo https://github.com/futureimperfect/PSUDemo SLIDES https://github.com/futureimperfect/slides 3 Dude, Where’s My Source Code? CODE https://github.com/futureimperfect/psu-pyobjc-demo https://github.com/futureimperfect/PSUDemo SLIDES https://github.com/futureimperfect/slides 3 Dude, Where’s My Source Code? CODE https://github.com/futureimperfect/psu-pyobjc-demo https://github.com/futureimperfect/PSUDemo SLIDES https://github.com/futureimperfect/slides 3 Agenda 1. What are system frameworks, and why should you care? 2. Brief overview of the frameworks, classes, and APIs that will be demonstrated. 3. Demo 1: PyObjC 4. Demo 2: Objective-C 5. Wrap up and questions. 4 What’s a System Framework? …and why should you care? (OS X) system frameworks provide interfaces you need to write software for the Mac. Many of these are useful for Mac admins creating: • scripts • GUI applications • command-line tools Learning about system frameworks will teach you more about OS X, which will probably make you a better admin. 5 Frameworks, Classes, and APIs oh my! Cocoa CoreFoundation • Foundation • CFPreferences - NSFileManager CoreGraphics - NSTask • Quartz - NSURLSession - NSUserDefaults • AppKit - NSApplication 6 CoreFoundation CoreFoundation is a C framework that knows about Objective-C objects. Some parts of CoreFoundation are written in Objective-C. • Other parts are written in C. CoreFoundation uses the CF class prefix, and it provides CFString, CFDictionary, CFPreferences, and the like. Some Objective-C objects are really CF types behind the scenes.
    [Show full text]
  • Sustainable Food Systems Concept and Framework
    Sustainable food systems Concept and framework WHAT IS A SUSTAINABLE FOOD SYSTEM? Food systems (FS) encompass the entire range of actors and their interlinked value-adding activities involved in the production, aggregation, processing, distribution, consumption and disposal of food products that originate from agriculture, forestry or fisheries, and parts of the broader economic, societal and natural environments in which they are embedded. The food system is composed of sub-systems (e.g. farming system, waste management system, input supply system, etc.) and interacts with other key systems (e.g. energy system, trade system, health system, etc.). Therefore, a structural change in the food system might originate from a change in another system; for example, a policy promoting more biofuel in the energy system will have a significant impact on the food system. A sustainable food system (SFS) is a food system that delivers food security and nutrition for all in such a way that the economic, social and environmental bases to generate food security and nutrition for future generations are not compromised. This means that: – It is profitable throughout (economic sustainability); – It has broad-based benefits for society (social sustainability); and – It has a positive or neutral impact on the natural environment (environmental sustainability). A sustainable food system lies at the heart of the United Nations’ Sustainable Development Goals (SDGs). Adopted in 2015, the SDGs call for major transformations in agriculture and food systems in order to end hunger, achieve food security and improve nutrition by 2030. To realize the SDGs, the global food system needs to be reshaped to be more productive, more inclusive of poor and marginalized populations, environmentally sustainable and resilient, and able to deliver healthy and nutritious diets to all.
    [Show full text]
  • "First, Do No Harm.” March 28, 2007
    "First, do no harm.” March 28, 2007 Table of Contents Executive Summary & Recommendations ................................................................................................5 Introduction .............................................................................................................................................11 1. Protecting Children and Family Preservation .............................................................................15 2. 51A Reports and Mandated reporters ........................................................................................20 3. DSS Investigations.....................................................................................................................25 4. DSS Staffing...............................................................................................................................27 5. DSS Records Management........................................................................................................34 6. DSS Critiques.............................................................................................................................37 7. Law Enforcement Involvement...................................................................................................39 8. Private Providers........................................................................................................................40 9. Risk Assessment........................................................................................................................43
    [Show full text]
  • Vitol-Brochure-2019 FINAL-1.Pdf
    02 VITOL | Contents Vitol 04 VLC Renewables 14 Vitol at a glance 05 Our investments 16 Operating Globally 08 VTTI 17 Trading portfolio 10 Vitol Aviation 17 Crude oil 10 Viva Energy 18 Middle distillates 10 Vivo Energy 18 Gasoline 10 Petrol Ofisi 19 Biofuel 11 OVH Energy 19 Fuel oil 11 VARO 20 Naphtha 12 Rodoil 20 Bitumen 12 Hascol 20 Coal 13 Cockett Marine Oil 20 Liquid petroleum gas (LPG) 13 VPI Immingham 21 Liquefied natural gas (LNG) 13 VLC Renewables 21 Natural gas 13 Exploration and production 24 Power 14 Vitol Foundation 25 Renewables 14 Our worldwide capabilities 26 Shipping 14 VITOL VITOL | 03 Vitol Vitol is at the For over 50 years Vitol has served the Responsibility heart of the world’s world’s energy markets, trading over We are mindful of the risks associated seven million barrels of crude oil and with handling energy. Our assets energy flows. Every products a day and delivering energy operate to international HSE standards day we use our products to countries worldwide. and we expect the same of our partners expertise and throughout the energy chain. We seek logistical networks Our customers include national oil to conduct our business in line with to distribute energy companies, multinationals, leading the ten principles of the UN Global industrial and chemical companies and Compact and to work with partners around the world, the world’s largest airlines. We deliver who share our commitment to high efficiently and the products they need on time and to standards of operation. responsibly. specification by sourcing and managing the movement of energy through the relevant infrastructures.
    [Show full text]
  • 1 the Background for Carbon Finance and Carbon Credits
    CHAPTER 1 THE BACKGROUND FOR CARBON FINANCE AND CARBON CREDITS THE LINK BETWEEN CLIMATE CHANGE, GHG EMISSIONS, AGRICULTURE AND FORESTRY Climate change is one of the biggest threats we face. Everyday activities like driving a car or a motorbike, using air conditioning and/or heating and lighting houses consume energy and produce emissions of greenhouse gases (GHG), which contribute to climate change. When the emissions of GHGs are rising, the Earth’s climate is affected, the average weather changes and average temperatures increase. FIGURE 1 Sources of agricultural GHGs in megatons (Mt) CO2-eq 2128 1792 672 616 369 158 410 CO2 CO2 CH 413 CH4+ N2O 4 CO2 + N2O Irrigation N02 Farm Rice machinery Biomass production CH4 N0 +CH burning 2 4 Fertiliser production Nitrous oxide from fertilised soils + land conversion Manure to agriculture 5900 Mt CO2-eq Methane from cattle enteric fermentation Source: Greenpeace International, 2008. In agriculture and forestry different sources and sinks release, take up and store three types of GHGs: carbon dioxide (CO2), methane (CH4) and nitrous oxide (N2O). Many agricultural and forestry practices emit GHGs to the atmosphere. Figure 1 shows the main sources of agricultural GHGs: for example, by using fertilizers N2O is released from the soil and by burning agricultural residues CO2 levels rise. CH4 is set free in the digestion 1 ] process of livestock, as well as if rice is grown under flooded conditions. When land is converted to cropland and trees are felled, a source of CO2 emissions is created. Agriculture is an important contributor to climate change, but it also provides a sink and has the potential to lessen climate change.
    [Show full text]
  • Ecological Restoration for Protected Areas Principles, Guidelines and Best Practices
    Ecological Restoration for Protected Areas Principles, Guidelines and Best Practices Prepared by the IUCN WCPA Ecological Restoration Taskforce Karen Keenleyside, Nigel Dudley, Stephanie Cairns, Carol Hall and Sue Stolton, Editors Peter Valentine, Series Editor Developing capacity for a protected planet Best Practice Protected Area Guidelines Series No.18 IUCN WCPA’s BEST PRACTICE PROTECTED AREA GUIDELINES SERIES IUCN-WCPA’s Best Practice Protected Area Guidelines are the world’s authoritative resource for protected area managers. Involving collaboration among specialist practitioners dedicated to supporting better implementation in the field, they distil learning and advice drawn from across IUCN. Applied in the field, they are building institutional and individual capacity to manage protected area systems effectively, equitably and sustainably, and to cope with the myriad of challenges faced in practice. They also assist national governments, protected area agencies, non- governmental organisations, communities and private sector partners to meet their commitments and goals, and especially the Convention on Biological Diversity’s Programme of Work on Protected Areas. A full set of guidelines is available at: www.iucn.org/pa_guidelines Complementary resources are available at: www.cbd.int/protected/tools/ Contribute to developing capacity for a Protected Planet at: www.protectedplanet.net/ IUCN PROTECTED AREA DEFINITION, MANAGEMENT CATEGORIES AND GOVERNANCE TYPES IUCN defines a protected area as: A clearly defined geographical space,
    [Show full text]
  • Tyndall Working Paper 132, March 2009
    Carbon Capability: what does it mean, how prevalent is it, and how can we promote it? Lorraine Whitmarsh, Saffron J. O’Neill, Gill Seyfang and Irene Lorenzoni April 2009 Tyndall Centre for Climate Change Research Working Paper 132 Carbon Capability: what does it mean, how prevalent is it, and how can we promote it? Lorraine Whitmarsh1, Saffron J. O’Neill1, Gill Seyfang2 Irene Lorenzoni1 1 Tyndall Centre for Climate Change Research, School of Environmental Sciences, University of East Anglia 2Centre for Social and Economic Research on the Global Environment, School of Environmental Sciences, University of East Anglia Tyndall Working Paper 132, March 2009 Please note that Tyndall working papers are "work in progress". Whilst they are commented on by Tyndall researchers, they have not been subject to a full peer review. The accuracy of this work and the conclusions reached are the responsibility of the author(s) alone and not the Tyndall Centre. Carbon Capability: what does it mean, how prevalent is it, and how can we promote it? Lorraine Whitmarsh1, Saffron J. O’Neill1, Gill Seyfang2 Irene Lorenzoni1 1 Tyndall Centre for Climate Change Research, School of Environmental Sciences, University of East Anglia 2Centre for Social and Economic Research on the Global Environment, School of Environmental Sciences, University of East Anglia Abstract This Working Paper introduces the concept of ‘carbon capability’, provides initial empirical evidence of levels of carbon capability amongst the UK public, and suggests ways in which carbon capability might be promoted. ‘Carbon capability’ captures the contextual meanings associated with carbon, whilst also referring to an individual’s ability and motivation to reduce emissions within the broader institutional and social context.
    [Show full text]
  • ENGLISH 2810: Television As Literature (V
    ENGLISH 2810: Television as Literature (v. 1.0) 9:00 – 10:15 T/Th | EH 229 Dr. Scott Rogers | [email protected] | EH 448 http://faculty.weber.edu/srogers The Course The average American watches about 5 hours of television a day. We are told that this is bad. We are told that television is bad for us, that it is bad for our families, and that it is wasting our time. But not all television is that way. Some television shows have what we might call “literary pretensions.” Shows such as Twin Peaks, Homicide: Life on the Street, The Wire, Buffy the Vampire Slayer, Firefly, Veronica Mars, Battlestar Galactica, and LOST have been both critically acclaimed and the subject of much academic study. In this course, we shall examine a select few of these shows, watching complete seasons as if they were self-contained literary texts. In other words, in this course, you will watch TV and get credit for it. You will also learn to view television in an active and critical fashion, paying attention to the standard literary techniques (e.g. character, theme, symbol, plot) as well as televisual issues such as lighting, music, and camerawork. Texts Students will be expected to own, or have access to, the following: Firefly ($18 on amazon.com; free on hulu.com) and Serenity ($4 used on amazon.com) LOST season one ($25 on amazon.com; free on hulu.com or abc.com) Battlestar Galactica season one ($30 on amazon.com) It is in your best interest to buy or borrow these, if only to make it easier for you to go back and re-watch episodes for your assignments.
    [Show full text]
  • Jay-Z: in Tha’ Mix
    ASC 1138--JAY-Z: IN THA’ MIX JAY-Z: IN THA’ MIX CREDIT HOURS Leta Hendricks [email protected] Tel: 614-688-7478 Classroom – Room 150A Thompson Library Class Meeting – Fridays – 1:30 – 2:18 p.m. January 11 – April 19, 2013 Office Hours – Tuesday – 9:00 – 11:00 a.m. and by appointment WEB Site – Twitter – Second Life- Hip Hop Underground http://slurl.com/secondlife/Cybrary%20City%20II/77/198/8 SYLLABUS COURSE DESCRIPTION JAY-Z is an entrepreneurial phenomenon of the last the twenty years. This seminar examines JAY-Z from different perspectives as an artist and as a businessman. The seminar will discuss perspectives and beliefs about rap music and popular culture. JAY-Z is currently one of the most influential iconic figures of Global Pop Culture. His music embodies the quintessentially “African American” genre of music, we will study his musical roots, trace the development of his career and connect JAY-Z with his culture. An analysis of his business empire will include his drug-marked youth, musical achievements, and urban-informed business savvy. The Seminar will discuss his lyrics and their meanings which reveal JAY-Z’s art and life. JAY-Z heavily borrows from American musical and literary traditions through an examination of select recordings, autobiography, film, essays and criticism, this Seminar will provide students the opportunity to discover the significance of JAY-Z’s contributions to lyric writing, popular music, and beyond. The following resources will facilitate students learning development by using multiple content formats. DJ Hero will engage students through gameplay, simulating DJ turntablism (mixing styles and techniques) connecting gaming activities to assignments, discussions, and projects on JAY-Z and current Rap artists.
    [Show full text]
  • Vmware Fusion 12 Vmware Fusion Pro 12 Using Vmware Fusion
    Using VMware Fusion 8 SEP 2020 VMware Fusion 12 VMware Fusion Pro 12 Using VMware Fusion You can find the most up-to-date technical documentation on the VMware website at: https://docs.vmware.com/ VMware, Inc. 3401 Hillview Ave. Palo Alto, CA 94304 www.vmware.com © Copyright 2020 VMware, Inc. All rights reserved. Copyright and trademark information. VMware, Inc. 2 Contents Using VMware Fusion 9 1 Getting Started with Fusion 10 About VMware Fusion 10 About VMware Fusion Pro 11 System Requirements for Fusion 11 Install Fusion 12 Start Fusion 13 How-To Videos 13 Take Advantage of Fusion Online Resources 13 2 Understanding Fusion 15 Virtual Machines and What Fusion Can Do 15 What Is a Virtual Machine? 15 Fusion Capabilities 16 Supported Guest Operating Systems 16 Virtual Hardware Specifications 16 Navigating and Taking Action by Using the Fusion Interface 21 VMware Fusion Toolbar 21 Use the Fusion Toolbar to Access the Virtual-Machine Path 21 Default File Location of a Virtual Machine 22 Change the File Location of a Virtual Machine 22 Perform Actions on Your Virtual Machines from the Virtual Machine Library Window 23 Using the Home Pane to Create a Virtual Machine or Obtain One from Another Source 24 Using the Fusion Applications Menus 25 Using Different Views in the Fusion Interface 29 Resize the Virtual Machine Display to Fit 35 Using Multiple Displays 35 3 Configuring Fusion 37 Setting Fusion Preferences 37 Set General Preferences 37 Select a Keyboard and Mouse Profile 38 Set Key Mappings on the Keyboard and Mouse Preferences Pane 39 Set Mouse Shortcuts on the Keyboard and Mouse Preference Pane 40 Enable or Disable Mac Host Shortcuts on the Keyboard and Mouse Preference Pane 40 Enable Fusion Shortcuts on the Keyboard and Mouse Preference Pane 41 Set Fusion Display Resolution Preferences 41 VMware, Inc.
    [Show full text]
  • The Life & Rhymes of Jay-Z, an Historical Biography
    ABSTRACT Title of Dissertation: THE LIFE & RHYMES OF JAY-Z, AN HISTORICAL BIOGRAPHY: 1969-2004 Omékongo Dibinga, Doctor of Philosophy, 2015 Dissertation directed by: Dr. Barbara Finkelstein, Professor Emerita, University of Maryland College of Education. Department of Teaching and Learning, Policy and Leadership. The purpose of this dissertation is to explore the life and ideas of Jay-Z. It is an effort to illuminate the ways in which he managed the vicissitudes of life as they were inscribed in the political, economic cultural, social contexts and message systems of the worlds which he inhabited: the social ideas of class struggle, the fact of black youth disempowerment, educational disenfranchisement, entrepreneurial possibility, and the struggle of families to buffer their children from the horrors of life on the streets. Jay-Z was born into a society in flux in 1969. By the time Jay-Z reached his 20s, he saw the art form he came to love at the age of 9—hip hop— become a vehicle for upward mobility and the acquisition of great wealth through the sale of multiplatinum albums, massive record deal signings, and the omnipresence of hip-hop culture on radio and television. In short, Jay-Z lived at a time where, if he could survive his turbulent environment, he could take advantage of new terrains of possibility. This dissertation seeks to shed light on the life and development of Jay-Z during a time of great challenge and change in America and beyond. THE LIFE & RHYMES OF JAY-Z, AN HISTORICAL BIOGRAPHY: 1969-2004 An historical biography: 1969-2004 by Omékongo Dibinga Dissertation submitted to the Faculty of the Graduate School of the University of Maryland, College Park, in partial fulfillment of the requirements for the degree of Doctor of Philosophy 2015 Advisory Committee: Professor Barbara Finkelstein, Chair Professor Steve Klees Professor Robert Croninger Professor Derrick Alridge Professor Hoda Mahmoudi © Copyright by Omékongo Dibinga 2015 Acknowledgments I would first like to thank God for making life possible and bringing me to this point in my life.
    [Show full text]