The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
With companies cutting production globally, carbon emissions are down, and so is the demand for certified emission reductions (CERs) or carbon credits. This has led to the price of carbon credits crashing from E25 in September to E15 last week. But according to many carbon market traders, the supply of …
The Climate Change Performance Index 2009, presented by Germanwatch and CAN-Europe, shows that not a single country is to be judged as satisfactory with regard to protecting the climate. The specific criterion for this judgment is that, compared with 1990, no country is yet on the path that would be …
Despite an enormous amount of work done to persuade the world of the dangers of climate change and the need for quick corrective action, there is little progress toward a global compact for managing climate change. In fact, there are some basic differences of perspectives on climate change policies between …
This study assesses the long-term economic and environmental effects of introducing price caps and price floors in hypothetical climate change mitigation architecture, which aims to reduce global energy-related CO2 emissions by 50% by 2050. Based on abatement costs in IPCC and IEA reports, this quantitative analysis confirms what qualitative analyses …
Health savings of up to 25 billion euro could be achieved every year in the European Union if stronger climate policies were implemented, says a new study.
Deforestation and forest ecosystem degradation are significant causes of the global warming recorded in the past century. The Fourth Assessment Report of the IPCC concluded that
The second report on Carbon Disclosure Project in India by WWF-India, CII- ITC CESD and CDP provides global and domestic investors with an analysis of how India's 200 largest companies are responding to climate change. Climate Change has emerged as an important issue on the business agenda with increasing responsibility …
Considering the costs and risks of inaction, ambitious action to reduce greenhouse gas emissions is economically rational. However, success in abating world emissions will ultimately require a least-cost set of policy instruments that is applied as widely as possible across all emission sources (countries, sectors and greenhouse gases). The main …
The European Union is running the largest multi-country, multi-sector greenhouse gas emission trading scheme (ETS) world-wide. This report presents the experiences from Member States on the implementation of the trading system. The report for reporting year 2008 covers both specific information on the trading year 2007 as well as some …
This Strategic Framework serves to guide and support the operational response of the World Bank Group (WBG) to new development challenges posed by global climate change. The WBG recognizes the very complex political process toward long-term cooperative action within the UN Framework Convention on Climate Change (UNFCCC). The Framework will …
Germany is one of the leading countries in Europe, as well as globally, in terms of its renewable energy and climate change policies. The multiple levels of government within the European Union (EU) mean that the German government must interact both with EU institutions (e.g., the Commission, Council, and Parliament) …
Getting a clear understanding of national and international climate policy is difficult, as the numerous states which need to be taken stock of have various initial positions and interests. To untangle the knot of differentiated responsibilities, held and broken promises, and encouraging steps towards an effective international climate policy, Germanwatch …