The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …
A growing number of businesses around the world are turning to internal carbon pricing as a tool to manage climate-related risks and transition to a low-carbon economy. There are early signs that internal carbon pricing is making inroads into progressive Indian businesses as well. But the early movers have reported …
Reflecting the growing momentum for carbon pricing worldwide, the 2017 edition of the State and Trends of Carbon Pricing targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation. This report also provides critical input for negotiators involved in the implementation of the Paris …
No continent will suffer more from global warming than Africa. In a race against time, the African Climate Reality Project is scrambling to educate leaders and the general populace about what they can do. This past spring, Cape Town residents were hit with a harsh climate reality check when the …
A new report by CDP, shows that a growing number of companies are stepping up their response to climate change by embedding low-carbon goals into their long-term business plans, with many companies intending to ramp up ambition over the next couple of years. The report puts the spotlight on the …
According to a new study published by Yale scientists in Environmental Research Letters, Americans are willing to pay a carbon tax that would increase their household energy bills by $15 per month, or about 15%, on average. This result is consistent with a survey from last year that also found …
Carbon price policies deliver cost-efficient mitigation across sectors, but can result in tradeoffs with food security and other sustainable development goals. Scenarios for a 1.5 °C world based on carbon prices could increase the undernourished population by 80 - 300 million in 2050. Applying a uniform carbon price across geographic …
This report explores the introduction of carbon taxes with a national offset component and their interactions with other policy areas, and makes recommendations on this topic. In this task, the study focuses on the approaches Chile, Mexico and South Africa have chosen for elaborating their carbon taxes. By allowing the …
After twenty-five years of failure, climate negotiations continue to use a “pledge and review” approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the …
Emissions trading is now a well-established tool for reducing greenhouse gas (GHG) emissions in an effort to mitigate the impacts of global climate change. By the end of 2017, Emissions Trading Systems (ETSs) will regulate more than seven billion tons of CO2e, with 19 systems operating worldwide. This paper is …
The purpose of this Commission is to explore explicit carbon-pricing options and levels that would induce the change in behaviors—particularly in those driving the investments in infrastructure, technology, and equipment—needed to deliver on the temperature objective of the Paris Agreement, in a way that fosters economic growth and development, as …
Bangladesh is set to impose its own carbon tax on fuel next month – despite the hugely climate-vulnerable country producing relatively tiny per capita emissions. The tax is expected to be put in place on June 1 as part of the country's annual budget and will be part of a …
The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. There is a continued momentum for carbon pricing. As of 2017, over 40 national and 25 subnational jurisdictions representing almost a quarter of global greenhouse gas emissions are putting a …
Canada said on Thursday it planned to impose a cap on pollution in provinces that refuse to adopt a national price on carbon, setting up a potential fight with the country's powerful energy-rich west. Last December the Liberal government of Prime Minister Justin Trudeau reached a deal with eight of …
With money for action on climate change already in short supply, an estimated $300 billion a year needed to help countries deal with unavoidable climate losses will have to come from innovative new sources, such as a financial transaction tax or carbon tax, researchers say. Funding for such climate "loss …
This Climate Scorecard Report provides descriptions of climate change policies that have been put in place by the leading greenhouse gas emitting countries. These policies provide important insights on what each country is doing to reduce emissions and implement the Paris Agreement.
This paper examines how best to use revenues from a carbon tax to achieve both climate and non-climate goals, identifying pitfalls and strategies to avoid them. As many governments around the world consider carbon taxes (and other forms of carbon pricing), a common question is what to do with the …
Is a carbon tax effective in reducing emissions of greenhouse gases, and thereby mitigating climate change? This paper is one of the first empirical analyses of this question and the first to find a significant causal effect on emissions, using a quasi-experimental study of the implementation of a carbon tax …
Recent years have seen renewed and growing interest in policy instruments that put a price on greenhouse gas (GHG) emissions through the adoption of carbon taxes. While up until 2008 only a handful of European countries had adopted explicit taxes on GHG emissions, by February 2017 some 24 countries and …
This new report explores the potential of seven innovative climate finance options to meet the financing needs of the Adaptation Fund. It concludes that if implemented in a collective manner, these can provide a steady and predictable stream of finance for the Fund. However, the Adaptation Fund Board needs to …
The International Carbon Action Partnership’s (ICAP) Status Report 2017, provides a testament to the evolution of emissions trading from textbook assumptions to the real world. With the launch of China’s national emissions trading system (ETS) later this year, ETS will operate in economies generating close to half of the world’s …
