In 2019, the illegal wildlife trade reached staggering levels. Pangolin scales and ivory were being trafficked in massive quantities from Africa to Asia, exposing a network of crime syndicates operating at an industrial scale. The sheer volume of these shipments marked a disturbing milestone, one that revealed the global reach …
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 …
This report develops a roadmap on the consideration of establishment and operation of an emissions trading scheme (ETS) for Turkey. It is the first in a series of analytical reports, prepared for the World Bank Partnership for Market Readiness (PMR). The report was prepared by a consortium led by Ecofys, …
Basic materials such as steel, cement or aluminium are important inputs to our economies. However their production is responsible for the dominant share of industrial emissions and 16% of European greenhouse gas emissions (GHGs). This report illustrates the portfolio of options available to reduce these emissions with climate friendly production, …
The reform of the EU Emissions Trading System could hand more than €230 billion in subsidies to energy intensive industries, a new report from Corporate Europe Observatory shows. The Emissions Trading System (ETS) is at the centre of EU climate policy, and a Directive currently passing through the European Parliament …
2015 saw a historic double success for sustainability and climate policy. The 2030 Agenda for Sustainable Development, with its Sustainable Development Goals (SDGs), and the Paris Agreement on climate protection establish a system of ambitious policy goals for the world. The group of twenty major industrialized and emerging economies (G20) …
China risks wasting $490 billion on new coal plants that will be unneeded as structural changes to its economy, increased non-coal capacity targets, power sector reforms and carbon pricing slashes coal-fired generation, analysis by the Carbon Tracker Initiative. The study shows that as of July this year China has 895 …
About two-thirds of the national pledges made under the Paris Agreement refer to carbon pricing as one of the measures to reduce greenhouse gas (GHG) emissions. Carbon pricing internalises the costs of climate change, making it part of the economic decision-making process. Carbon pricing thus has the potential to facilitate …
The 2016 edition of the annual EEA report, Trends and projections in Europe, provides an updated assessment of the progress of the EU and European countries towards their climate mitigation and energy targets. The report confirms that the European Union (EU) is well on track to meet its greenhouse gas …
This guideline document is prepared to assist both industries and regulators in successful implementation of CEMS through self-regulation. This document provides information on CEMS equipment and the pollutants that are monitored on real time basis and to develop a system to satisfy the data quality objectives to implement more transparent …
Greater cooperation through carbon trading could reduce the cost of climate change mitigation by 32 percent by 2030, according to a new World Bank report released at an international carbon event in Vietnam. New modelling analysis undertaken for the State and Trends of Carbon Pricing 2016 report shows that increased …
The report provides an analysis of past, present and future emissions trends under the EU ETS, based on the latest data and information available from the European Commission and Member States. It also analyses the balance between supply and demand of allowances in the market. The report's annexes provide extensive …
The relationship between trade policy and climate policy needs to improve in the future, in particular with a view towards implementing the Paris Agreement. With the aim of making trade policy supportive of climate action, this working paper discusses the relationship between the regimes established by the World Trade Organization …
Canada will impose a carbon price on provinces that do not adequately regulate emissions by themselves, Environment Minister Catherine McKenna said on Sunday without giving details on how the Liberal government will do so. Speaking on the CTV broadcaster's "Question Period," a national politics talk show, McKenna said the new …
The Climate Change Authority has advised the Australian government to institute two emissions trading schemes and strengthen regulations in order to meet Australia’s 2030 emission reduction targets and to allow it to lift those targets in line with international climate change obligations. The move is expected to put pressure on …
Steady growth endures in developing Asia despite external slack. Half-year results prompt this Update to affirm overall growth projections published in March in Asian Development Outlook 2016. External weakness is offset by resilient domestic demand in large regional economies led by the People’s Republic of China, where policy regulates growth …
A new global deal on curbing aviation emissions will likely give states the right to opt out of its initial voluntary phases, according to sources familiar with the matter, in a concession to developing countries like aviation powerhouses China and India. Allowing countries to join but then later opt out …
The California Assembly on Tuesday passed a bill to extend the state's ambitious program to fight climate change beyond 2020, but minutes later it posted disappointing results from an auction of carbon permits that is key to the plan. California's program to cap emissions and trade carbon permits is a …
Mexico will launch a year-long simulation of a cap-and-trade program in November, Mexican officials said on Monday, in a test run for a national carbon market expected to launch in 2018. The pilot program will involve the voluntary participation of up to 60 companies, giving them a chance to adapt …
This paper looks at existing and future climate clubs or club-like arrangements, which bring together groups of national Governments, cities and other sub-national jurisdictions, and business organisations, in pursuit of joint plans for climate change mitigation, and also adaptation. It considers how these climate clubs might adopt emissions trading or …
Meeting Britain's carbon emissions reduction target for 2050 will cost an additional 30 billion pounds ($40 billion) without large-scale deployment of carbon capture and storage (CCS) technology, a report by the National Audit Office shows. The British government decided to withdraw 1 billion pounds of funding to help commercialize CCS …
