The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The report is an effort to inform project developers and policy-makers about the main lessons learned by the BioCarbon Fund while accompanying the development of more than 20 A/R CDM forest projects in 16 countries since it started operations in 2004. It sheds light on opportunities the CDM offers to …
They are registered as clean development mechanism projects, eligible for carbon credits. On October 15, 2010, the regional officer of Chhattisgarh Environment Conservation Board (CECB), R K Sharma, visited Tilda industrial area in Raipur unannounced. He noticed thick smoke rising from the premises of a renewable energy project. On paper …
Mumbai: There is panic among Indian companies holding carbon credits as prices have crashed by about 50% globally, in the last couple of months, due to a drop in demand fuelled mainly by the Eurozone crisis. Prices of certified emission reductions (CERs) or carbon credits have fallen to about euro …
This document contains the presentation delivered by Dr Subrata Bose, Project Co-ordinator (CDM), Ministry of Environment and Forests, New Delhi on CDM –Subsidy to Fossils or Leapfrog to Technology during the South Asian Media Briefing Workshop on Climate Change 2011 organized by CSE, held on 16-17 Nov 2011. for full …
This document contains the presentation delivered by Raj Kumar Kapoor, Adll. Pr. Chief Conservator of Forests cum Chief Project Director, Mid Himalayan Watershed Project, Himachal Pradesh on "Improving Watersheds & Community Livelihoods Through CDM Carbon Revenue – Case Study from Himachal Pradesh, India" during the South Asian Media Briefing Workshop …
With the Kyoto Protocol unlikely to produce a new set of targets, Carbon Forum Asia 2011 which concluded in Singapore last week, released IETA’s Greenhouse Gas Market Report for the first time in Asia Pacific, lending credence to the region’s increasing importance in the global emissions trading market. President of …
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 …
Lending credence to the Asia Pacific region’s importance in global emission trading market, the International Emissions Trading Association (IETA) launched the Annual Greenhouse Gas Market report for the first time at the Carbon Forum Asia 2011 in Singapore. Featuring strategic white papers describing the policy developments and current emissions abatement …
Cutting carbon dioxide emissions seems more difficult than ever as global carbon markets have stalled after five years of consecutive growth. The World Bank has given the sombre note, but said the global market had already touched $142 billion last year, a long way from the initial year of 2005. …
As uncertainty looms over the future of the Kyoto Protocol, the delegates of the Carbon Forum Asia 2011 met at Singapore in an attempt to iron out differences and arrive at new solutions. The sombre note was provided by the World Bank assessment that global carbon markets have stalled after …
Kenya Electricity Generating Company (KenGen) said on Tuesday it will sign a contract next week with a consortium to build its 280 megawatt (MW) Olkaria IV geothermal plant meant to be operational in 2014, as it pushes to diversify its power sources. At the same time, KenGen Managing director Eddy …
To prevent trees from being cut down for firewood, attempts have been underway to introduce fuel-efficient cooking stoves in Nigeria for decades. Today, the Clean Development Mechanism (CDM) provides an opportunity to lower the purchase price of such stoves. Bureaucratic challenges are tough, however, and it remains unclear whether stove …
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 …
This paper examines several issues that arise in awarding emission reduction credits to coal projects in the Clean Development Mechanism (CDM). It identifies systematic weaknesses in the coal methodology's (ACM0013) design and application. The authors estimate that shortcomings lead to significant over-crediting of Certified Emission Reductions and discuss why a …
Modern bioenergy sources are often viewed as important components of a low-carbon, energy-secure future. By reducing dependence on imported fuel and providing new employment opportunities, bioenergy production has the potential to stimulate local economies in developing countries. And yet, given the diversity of biomass resources, options, markets and scales, a …
The UNEP Risoe Centre has released its annual Perspectives Series, titled “Progressing Towards Post-2012 Carbon Markets.” The publication explores ways in which national, regional and global level carbon markets can be developed and up-scaled to sustain the involvement of the private sector in leveraging finance and innovative solutions to reduce …
The UNEP has released a collection of capacity building success stories titled "Ready, Willing and Able: Empowering Countries to Meet the Climate Challenge." According to UNEP, the publication aims to illustrate that important local climate change activities are possible and are happening. The publication highlights efforts including: boosting the uptake …
This paper reviews the trend of biofuel development and performance of biofuel projects under CDM as well as provides insights on how biofuel projects could transition to NAMAs. The author emphasizes that ensuring the sustainability of biofuel production and utilization is the key to overcome the difficulty of biofuels under …
This paper examines the effectiveness of additionality and sustainability criteria being applied to hydropower projects applying for carbon crediting under the Kyoto Protocol’s Clean Development Mechanism (CDM). It examine the conditions under which hydropower development decisions are commonly made, with a focus on China and India where the majority of …
Private-sector finance has been widely embraced as an important part of efforts to scale up resources for developing countries to respond to climate change. Yet there has been very little analysis of what private finance means for developing countries, and whether it will really deliver what is intended. This paper …
