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 …
The share of greenhouse gas emissions covered by domestic carbon pricing initiatives increased significantly over the past year, led by the launch of six carbon markets in China. Today, 39 national and 23 sub-national jurisdictions – responsible for almost a quarter of the global greenhouse gas emissions – have implemented …
Forest Trends’ Ecosystem Marketplace released the executive summary of the State of the Voluntary Carbon Markets 2014 report, now in its eighth year of publication. In a bid to reduce their impact on greenhouse gas emissions, corporate leaders like Chevrolet, Marks & Spencer, and Allianz continued to voluntarily purchase carbon …
The British Columbia government is considering a requirement to force liquefied natural gas terminals to have a carbon footprint at least one-third below global standards, said two people familiar with the talks. The government of Canada’s Pacific Coast province is discussing the proposal with energy companies as it seeks to …
CGN Wind Energy Ltd. plans to introduce China’s first structured notes linked to the price of carbon offsets in a move that may increase participation in the country’s fledgling emissions-trading market. The Beijing-based company plans to sell 1 billion yuan ($161 million) of five-year notes on May 8, according to …
China will launch its first carbon-linked financial product on Thursday, a debt note linked to the performance of carbon offsets on the Shenzhen Emissions Exchange, issued by a unit of China General Nuclear Power Group (CGN). The launch will be a first test of financial market confidence in China's emerging …
Individuals who score tickets for the 2014 World Cup in Brazil but worried that the jet travel required to get to matches will contribute to global warming can rest easy. FIFA, soccer's governing body, on Wednesday said it will cover the cost of programs to neutralize carbon emissions related to …
During the first Kyoto commitment period, the Clean Development Mechanism (CDM) emerged to be a global standard for the global carbon market. Linking developing and industrialized countries in an international cooperation mechanism, it provided a governance and accounting framework for emission reduction efforts around the world. Not without its own …
Brazil, looking to offset the carbon emissions generated by construction, travel and other activities related to hosting the 2014 Soccer World Cup, said on Tuesday it wants holders of United Nations-backed carbon credits to swap them for publicity during the games. The World Cup begins June 12 and Brazil's Environment …
The terrestrial ecosystems of North America have been identified as a sink of atmospheric CO2 though there is no consensus on the magnitude. However, the emissions of non-CO2 greenhouse gases (CH4 and N2O) may offset or even overturn the climate cooling effect induced by the CO2 sink. Using a coupled …
Peshawar—The spring tree plantation campaign on Wednesday started across Khyber Pakthunkhwa wherein 10 million saplings of different species would be planted with assistance of different stakeholders to offset effects of global warming and climatic change. Officials in KP Forest Department told APP that spring tree plantation campaign was started throughout …
What would fill the void if the EU Emissions Trading System (EU ETS) were allowed to collapse? This briefing shows that ending the ETS would not leave a climate policy void. Emissions trading has awarded huge subsidies to some of the EU’s most polluting industries while at the same time …
The United Nations Framework Convention on Climate Change’s (UNFCCC) success at storing atmospheric carbon in forests in Latin America depends on the long-term maintenance of forests. Forest maintenance in Latin America in turn largely depends on community forestry – the direct control and management of forests by men and women …
Scientific and business communities increasingly recognize that climate change is causing weather extremes and precipitating natural disasters, such as the European heat wave of 2003, the drought in East Africa in 2011, and in 2012 the worst drought in the US since 1956. In one report, which examined a number …
The U.N.'s carbon offset market is likely to remain "in a coma" for years, project developers said, after countries failed to agree on measures to encourage demand at last week's climate talks in Warsaw. Investment under the U.N.'s $315 billion Clean Development Mechanism (CDM) has ground to a halt as …
The Sri Lankan Hub of the Commonwealth Environmental Investment Platform [CEIP] was launched recently in Colombo. CEIP an alliance between the Royal Commonwealth Society and the Forbury Investment Network associated with the UK law firm Clarkslegal and is managed in London by Forbury. It has affiliated hubs in other countries, …
Since the talks began last week, the two blocs have clashed over the historical responsibility for causing global warming and a demand by the developing world for compensation for the losses and damage they’re facing as a result -- a topic put in the spotlight by the devastation wrought in …
International negotiations on how to set up new carbon markets to cut greenhouse gas levels broke down over the weekend in Warsaw, sources said, after developing nations refused to progress the issue before rich nations increase efforts to cut their own emissions. More than 9,000 delegates from almost 200 countries …
Indonesia, one of the world's biggest emitters of greenhouse gases, is planning to launch a voluntary carbon trading scheme that could link to other countries if successful, a senior government official said on Tuesday. The South East Asian nation is lining up carbon trading as one of several policies to …
The Environmental Audit Committee says the Government's biodiversity offsetting proposals could give developers "carte blanche to concrete over important habitats" Government proposals to introduce a system of 'biodiversity offsetting' must be improved to properly protect Britain's wildlife and woodlands, according to the Environmental Audit Committee. In September, the Government set …
Lotus Greens, a promising real estate developer in India set to create a difference in the perception of the real estate sector, has become the first real estate company in India to make its office environment completely ‘Carbon Neutral’. The company has recently been awarded a certificate by a leading …
