The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …
The aviation and shipping sectors would be included in global carbon-cutting measures for the first time under a European Union proposal to be tabled at December
Preventing risks of severe damage from climate change not only requires deep cuts in developed country greenhouse gas emissions, but enormous amounts of public and private investment to limit emissions while promoting green growth in developing countries. While attention has focused on emissions limitations commitments and architectures, the crucial issue …
Pact To Include OECD Countries, China Reuters NEW YORK THE European Union and the United States are holding talks on forging a pact with OECD countries and China to eliminate duties on green goods as part of incentives to Beijing in a potential global climate deal. EU diplomats said that …
EUROPEAN ministers warned that December's landmark UN climate talks could fail, as the EU Commission urged rich nations to stump up tens of billions of euros to help the developing world combat global warming. "The Copenhagen deal is hanging in the balance," British Foreign Secretary David Miliband told reporters. "It's …
A global trading scheme is the most effective means of cutting carbon emissions in the shipping sector, five shipping industry associations said in a study on Wednesday. Shipping and aviation are the only industry sectors not regulated under the Kyoto Protocol, which sets targets for greenhouse gas emissions by rich …
Ecuador, a member of OPEC, is willing to preserve a tropical forest with reserves of 900 million barrels of oil if rich countries pay it about $360 million a year to keep the petroleum in the ground. Under the proposal, the international community would pay Ecuador an annual fee equal …
Japan's new prime minister, Yukio Hatoyama, has pledged to target a 25 percent cut in greenhouse gas emissions from 1990 levels by 2020, despite opposition from industry, which says the goal will hurt the economy. The target, more ambitious than the previous government's, is premised on a deal on goals …
UNFCCC warns of delays the latest round of consultations on climate change held in the German city Bonn between August 10 and 14 ended in disappointment. The 199-page negotiating text with more than 2,500 brackets was the only highlight of the meet. The lack of progress has raised concerns that …
Nicolas Sarkozy, the French president, renewed his call for a European carbon tax on imports to the bloc on Thursday as he unveiled details of a new charge on fossil fuel products in France. Nicolas Sarkozy tours a factory in eastern France: he told workers his proposal was
Economists have long seen a carbon tax as a good idea because of its simplicity: Polluters pay at a level that is set by decree. But the idea never caught on widely in the United States or Europe, where governments jealously guard their autonomy on taxes. Industries lobbied for a …
France plans to set a proposed carbon tax at 14 euros ($19.9) per tonne of carbon dioxide starting from next year, Prime Minister Francois Fillon said in an interview to be published by Figaro magazine. A special advisory panel, headed by former Socialist Prime Minister Michel Rocard, had recommended billing …
This article explores the critical role of labour market imperfections in climate stabilisation costs formation. It shows that the degree of rigidity of the labour markets is a central parameter and we conduct a systematic sensitivity analysis of the model results to this parameter. When labour markets are represented as …
The Trade and Development Report 2009 presents a gloomy global economic outlook in the context of the ongoing global financial and economic crisis. It looks at the channels through which this deep crisis, which originated in developed countries, is spreading to developing and transition economies: through financial flows, international trade …