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 …
A United Nations panel has delayed key decisions on a scheme meant to reward projects that cut carbon emissions in developing countries, including whether to approve a modern coal plant for such incentives. The U.N.'s clean development mechanism (CDM) allows rich countries to meet caps on carbon emissions by paying …
A United Nations panel will give clean energy project auditors three weeks to study a proposal to make them liable for over-issuing Kyoto carbon offsets, according to a webcast of a panel meeting on Thursday. An executive board meeting of the U.N.'s Clean Development Mechanism (CDM) draws to a close …
A new guide on the sustainable use of woodfuel resources and sustainable production of charcoal published by FAO. It outlines global woodfuel use and supply, reviews existing criteria & indicators systems and highlights institutional frameworks needed to ensure sustainable woodfuel use.
In this paper, we aim to examine how voluntary carbon markets can provide a valuable contribution to strengthening domestic and international climate policies. Voluntary markets are defined as small and unregulated segments of an established carbon market that are driven by voluntary offsetting of GHG emissions.
In recent years, businesses, local governments and individuals have set goals for reducing their emissions of greenhouse gases. In addition to directly reducing their own emissions, many of these entities have purchased carbon offsets to help achieve their mitigation goals. Yet establishing offset quality can be difficult, due to issues …
U.S. policymakers have relied on offsets from developing countries as a primary form of cost containment in proposed cap-and-trade legislation. These legislative proposals allow for emitters to use up to 1.5 billion tons CO2e of offsets from developing countries to meet their annual compliance obligations. This paper review estimates of …
This paper outlines a climate finance framework to assist developing countries to move to low-emissions, climate-resilient growth paths. UNDP is proposing a country-driven, multi-stakeholder climate finance framework to assist developing countries to scale up efforts to address climate change in a way that strengthens and advances national development priorities.
Singapore/New Delhi: Developers of Indian clean-energy projects have winnowed down a stockpile of UN-backed carbon offsets, but are in no rush to sell the remainder as they hold out for higher prices. Industry sources put the outstanding stockpile at up to 10 million tonne, equivalent to about a month’s issuance …
Santiago was one of the first cities outside the OECD to implement a tradable permit program to control air pollution. This article looks closely at the program
State Minister for Environment and Forest Hasan Mahmud called on the world community to set up an International Climate Change Adaptation Centre in Dhaka to offset the impacts of global climate change. He made the call while speaking at an international conference on 'Petersburg Climate dialogue-building Momentum to Mexico' in …
Interests in obtaining carbon offsets in host countries for Clean Development Mechanism projects may serve as an obstacle to implementing more stringent general environmental policies in the same countries. A relatively lax environmental policy, whereby carbon emissions remain high, can be advantageous for such countries as it leaves them with …
This guidebook addresses forestry projects' standing in carbon markets, anticipated trends, as well as the financing of these projects and sale of carbon credits. It provides insight into the issues that have limited the forest carbon market, and uses case studies to highlight best practices and success stories that developers …
The World Bank released its annual State and Trends of the Carbon Market report at Carbon Expo in Cologne, Germany, on 26 May. The report indicates that the value of the global carbon market grew six percent, to US$144 billion, in 2009 despite being its most challenging year to date. …
Local governments play an important role in promoting low-carbon development; however their role could be significantly enhanced by greater international co-operation between cities. There are already a few networks or platforms for Asia-focused co-operation operated by Japanese cities. However, further consideration is still needed regarding the kinds of activities to …
A new analysis of perceptions and opinions of offset buyers towards forestry as an option for corporate offsetting. It finds that there has been less interest in forest carbon offsets from India and China despite the large potential for afforestation and reforestation activities in these countries. A great deal happened …
