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 …
This discussion paper estimates the potential supply of certified emission reductions (CERs) from projects registered under the Clean Development Mechanism (CDM) for the period 2013 to 2020. The supply potential estimation considers the most recent information on the status of CDM projects and their ability to issue CERs, if sufficient …
This scoping study explores potential challenges and opportunities for the development and implementation of mitigation market mechanisms (MMM) under Articles 6.2 or 6.4 of the Paris Agreement, as well as the above-mentioned ABM under Art. 6.8 in Ethiopia. Moreover, the study compares the strengths and weaknesses of the MMM and …
This study forms part of a broader project, supported by the German Environment Agency (Umweltbundesamt, UBA), with the primary objective to analyse the current situation and development of the international carbon markets. This report investigates the current situation of existing project-based carbon market activities in the transitional period until a …
The CDM has by now become an established mechanism for crediting climate friendly projects. Projects involving displacement or saving of grid electricity must calculate their emission reductions based on a grid emission factor which needs to be determined in accordance with the rules set by the CDM Executive Board. Central …
This paper examines how best to use revenues from a carbon tax to achieve both climate and non-climate goals, identifying pitfalls and strategies to avoid them. As many governments around the world consider carbon taxes (and other forms of carbon pricing), a common question is what to do with the …
We summarize reasons for mandating independent monitoring of greenhouse gas emission reduction projects. In support of our policy recommendations, we describe a case study of a program designed to earn carbon credits by distributing almost one million drinking water filters in rural Kenya to avert the use of fuel for …
Countries in Asia, Africa and Latin America and the Caribbean urgently need financial support to green their power sectors and thereby implement their national climate action plans under the Paris Climate Change Agreement. This is a key finding of a survey conducted by the secretariat of the UN Framework Convention …
This Policy Brief outlines the “identity crisis” in which voluntary carbon standards find themselves after the adoption of the Paris Agreement. It describes how the new international legal framework threatens to undermine the legitimation and credibility of voluntary carbon standards and discusses first ideas how the arising challenges could be …
The Paris Agreement includes Article 6 with several provisions, which allow for the use of the international carbon market. In this paper, Cooperative Approaches (CA, Art. 6.2-3) and the Mechanism for Sustainable Development and Mitigation (MSDM, Art. 6.4-7) will be considered as the market mechanisms, which constitute the basis of …
The report “The impact of INDCs, NAMAs and LEDs on Ci-Dev operations and programs” provides recommendations on how to manage the delivery risks of emission reductions, and opportunities after 2020. While using Ci-Dev as an example, this report is relevant for stakeholders tasked with the transition of a portfolio of …
The report “A new approach for pre-financing ERPAs for household energy access programs” presents the concept for an innovative facility that provides financing ahead of the signing of an Emission Reduction Purchase Agreement (ERPA) and - if implemented – could substantially reduce the delivery risk of carbon credits and act …
This study proposes a Standardized Crediting Framework (SCF) as a new approach to crediting emission reductions for energy access, which goes beyond the current Clean Development Mechanism (CDM) Programme of Activities (PoA) model, has lower transaction costs and encourages private sector engagement in energy access investments. It is a concept …
Hydrofluorocarbons (HFCs) are often used as substitutes for ozone-depleting substances (ODSs) in various sectors, including refrigeration, air-conditioning, aerosols, fire extinguishers, and foam blowing. In addition, HFC-23 is generated as a by-product of chlorodifluoromethane (HCFC-22) production for feedstock use in industry and for emissive use. HFCs are the fastest-growing group of …
Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003. Power purchase costs constitute the largest cost element for distribution licensees. Competitive procurement of electricity by the distribution licensees is expected to reduce the overall cost of procurement of power …
Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003. Power purchase costs constitute the largest cost element for distribution licensees. Competitive procurement of electricity by the distribution licensees is expected to reduce the overall cost of procurement of power …
The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of …
International carbon offsetting can help reduce compliance costs in emissions trading schemes and at the same time support carbon mitigation projects in developing countries. A surprising observation from the European Union Emissions Trading System’s experience with offsetting is that companies do not fully utilise offsetting for compliance despite the cost …
Question raised in Lok Sabha on Carbon Trading, 03/05/2016. To support India’s active participating in Clean Development Mechanism (CDM), the Government of India has set up the National Clean Development Mechanism Authority (NCDMA) for according Host Country Approval (HCA) to eligible CDM projects in the country. As on date, the …
Some work has been done on regulatory policies (such as energy-efficiency standards, including under the Clean Development Mechanism [CDM] and with an aim to reforming the CDM beyond a project-level scope) both from the methodological side and through blueprinting of operational models. Similar approaches were developed for policies such as …
Promotion of competition in the electricity industry in India is one of the key objectives of the Electricity Act, 2003. Power purchase costs constitute the largest cost element for distribution licensees. Competitive procurement of electricity by the distribution licensees is expected to reduce the overall cost of procurement of power …
