Weak consumption in the People’s Republic of China will partly offset robust domestic demand in South Asia. Disinflation is expected to continue, driven by lower food and energy prices, along with the lagged effects of previous monetary policy tightening. The region’s high-income technology exporters remain a bright spot, benefiting from …
Maosheng Duan of China was on Monday named chairman of the executive board for the Clean Development Mechanism, becoming the first person from the world's top polluter to oversee the UN-backed carbon market for developing nations. Duan succeeds Britain's Martin Hession, who will now serve as vice-chair of the CDM …
The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank President Robert Zoellick told a conference on ocean conservation in …
The World Bank's carbon finance initiatives will likely be needed for at least five years, as the United Nations struggles to create a self-sufficient, international carbon market, the manager of the bank's carbon finance unit told Reuters. Negotiators at December's U.N. climate talks in South Africa agreed to extend the …
Adjusting to shifts in the economy, states in the cap-and-trade system known as the Regional Greenhouse Gas Initiative have slashed the number of allowances that electric power companies can buy to offset their emissions. The decision, made last week, was intended to shore up the pioneering program as it undergoes …
The Obama administration is laying the groundwork for possible retaliation in response to a European law requiring airlines to pay for carbon emissions. Discussions between key agencies have ramped up recently, although there is no consensus yet on what, if anything, the U.S. government should do unilaterally or in concert …
China's airlines will refuse to pay any charges under the European Union's new carbon trading scheme, while other Asia Pacific carriers, already battling a weak travel market, are likely to pass on the extra cost to passengers. The EU's Emissions Trading Scheme (ETS) was launched in 2005 as one of …
Mexico City's sleek new public bus system is attracting significant international funding in carbon credit sales, part of the capital's ongoing effort to reduce pollution and green up its smoggy image. The government of this sprawling metropolis of 9 million recently announced that the first phase of its rapid transit …
Mexico City's sleek new public bus system is attracting significant international funding in carbon credit sales, part of the capital's ongoing effort to reduce pollution and green up its smoggy image. The government of this sprawling metropolis of 9 million recently announced that the first phase of its rapid transit …
China and Brazil have warned that one of the world’s biggest carbon markets will be under threat if wealthy countries reject their demands for a new phase of the Kyoto protocol. It is “inconceivable” that the $20bn UN-backed carbon offset market can continue unless countries agree to a second round …
Carbon offsetting projects are one of the economic tools available to reduce agricultural emissions by paying for metric tons of avoided CO2e emissions. A summary of the emission reductions enabled by agricultural projects to date is provided in this report. It covers most projects certified by quality assurance standards, including …
Japan's emissions of carbon dioxide (CO2) from burning fuel rose 4.4 percent in the year that ended in March from the previous year to 1.122 billion tonnes, the trade ministry said Friday, as a recovery in the economy and an unusually hot summer boosted the use of energy. It was …
Australia's parliament passed landmark laws to impose a price on carbon emissions on Tuesday in one of the biggest economic reforms in a decade, giving new impetus to December's global climate talks in South Africa. The scheme's impact will be felt right across the economy, from miners to LNG producers, …
Mexico will earn a royalty on carbon credits generated from energy-saving light bulbs through a world-first deal that could pave the way for other developing countries to fund emissions cuts, the investor said on Monday. Under the project, an Australian company, Cool nrg International, advised by Bank of America Merrill …
This year, the International Emissions Trading Association (IETA)’s annual Greenhouse Gas Market Report is focussed on Asia, and is released at Carbon Forum Asia in Singapore. Its title “Asia and Beyond on the roadmap to Global Carbon & Energy Markets”, recognises the shifting focus of the world’s engagement with climate …
The expansion of the world's only national carbon trading scheme outside Europe should be slowed to minimize the costs to business and households, according to a New Zealand government review which also recommended urgent scrutiny of disputed HFC carbon offsets. The energy, transport and industrial sectors would have until 2015, …
Big fuel users such as airlines, miners and rail transport firms may opt-in to Australia's carbon pricing scheme to help manage their carbon costs, the government said on Wednesday. The rule change, included in a suite of carbon pricing laws introduced into the lower house of parliament on Tuesday, was …
Nitrogen (N) limits the productivity of many ecosystems worldwide, thereby restricting the ability of terrestrial ecosystems to offset the effects of rising atmospheric CO2 emissions naturally. Understanding input pathways of bioavailable N is therefore paramount for predicting carbon (C) storage on land, particularly in temperate and boreal forests. Paradigms of …
Nitrogen (N) limits the productivity of many ecosystems worldwide, thereby restricting the ability of terrestrial ecosystems to offset the effects of rising atmospheric CO2 emissions naturally. Understanding input pathways of bioavailable N is therefore paramount for predicting carbon (C) storage on land, particularly in temperate and boreal forests. Paradigms of …
Meeting the enormous challenge of decarbonising world energy systems will require a rapid expansion of investment in clean technologies on a global scale. Mobilising these resources will be a daunting task, and it is important to undertake the transition at the lowest cost possible. This paper seeks to provide some …
This second annual State of the Forest Carbon Markets tracks, reports, and analyzes trends in global transactions of emissions reductions generated from forest carbon projects. The data and analysis that follow cover forest carbon activity in compliance carbon markets as well as voluntary carbon markets—such as the voluntary Over-the-Counter (OTC) …
