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 paper discusses the scope for market mechanisms, already established for greenhouse gas mitigation in Annex 1 countries that ratified the Kyoto Protocol, for implementing "net mitigation," defined here as mitigation beyond Annex 1 countries' formal mitigation requirements under the Kyoto Protocol. Such market mechanisms could be useful for establishing …
The Clean Development Mechanism (CDM) has helped finance more than 2000 hydropower projects, representing the largest source of OECD bilateral funding for hydropower. Europe, through its European Union Emissions Trading Scheme, has been the major supporter. However, environment and sustainability regulations intending to ensure ‘respect’ for the World Commission on …
This study has calculated the additional profits that sectors and companies have made from the EU ETS from 2008 to 2014, distinguishing between three types of profits: Profits from over allocation of free emission allowances. In many sectors/countries, free allowances have been granted in excess of verified emissions, allowing industries …
The report Analysing the status quo of CDM projects concludes that under current market conditions, the Clean Development Mechanism (CDM) is currently not able to provide sufficient incentive for the continuation of mitigation activities and identifies a general risk of mitigation activities to discontinue. Due to their substantial mitigation potential …
Climate change is one of the greatest threats to human rights of our generation, posing a serious risk to the fundamental rights to life, health, food and an adequate standard of living of individuals and communities across the world. This report aims to support government and private decision makers by …
The Renewable Energy (RE) potential in India is 8,89,508 Mega Watt. The Government of India, in pursuit of energy security and for minimizing impact on environment, has been prioritizing the development of RE sector through its policies and programmes. In this context, the performance audit of the RE sector was …
This report traces the evolution of India's climate policy and its stance at climate negotiations over the last few decades. It also asks: how India has championed the cause of the developing world? It looks at the extent to which India's climate policy has evolved due to internal compulsions and …
A new website - http://www.ncdmaindia.gov.in has been launched by the National Clean Development Mechanism Authority (NCDMA) in the Ministry of Environment, Forests and Climate Change. The new website, launched last Friday, will capture the entire life cycle of CDM Projects. With step, the Ministry has taken another step in applying …
The following is the text of the Intervention made by Union Minister of Environment, Forest and Climate Change, Shri Prakash Javadekar, at the Second Meeting of the Business Dialogue for COP-21 held at UNFCCC in New York yesterday: The world must incentivize green growth activities as Green Credit instead of …
‘Polluters should not get away with paying for carbon emissions’ Union Minister of Environment, Forests and Climate Change Prakash Javadekar on Sunday emphasised the need to promote green credit, instead of carbon credit, so that polluters do not get away with paying for carbon emissions. Addressing the Second Meeting of …
The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and …
This is a summary of the in-session workshop on gender-responsive climate policy with a focus on mitigation action and technology development and transfer requested by decision 18/CP.20. The workshop was held in Bonn, Germany, on 8 and 9 June 2015, during the forty-second sessions of the subsidiary bodies. Discussions were …
This draft solar policy released by Delhi government's advisory body Delhi Dialogue Commission (DDC) recommends generation of 1,000 MW solar power for the national capital by 2020. It is proposed to double it to 2 GW during the next five years (by 2025) Delhi Power Minister released a Delhi Solar …
Financial support for developing countries is a core issue under the United Nations Framework Convention on Climate Change (UNFCCC). Industrialised countries strongly emphasise the potential role of carbon markets in mobilising the required finance. In the research project “Analysis of the Role Carbon Markets Can Play for Global Climate Finance …
At the end of November, governments will come together in Paris to hammer out agreements for a successor to the Kyoto Protocol. Under the KP, there are two greenhouse gas (GHG) emissions offsetting mechanisms: joint implementation (JI) and the Clean Development Mechanism (CDM). JI allows countries with emissions-reduction commitments under …
This study clarifies the definition of results-based financing (RBF) and in particular its role in the context of climate policy. The publication is aimed at readers from the carbon markets and climate finance communities alike. It facilitates a common understanding of what RBF as a financing modality involves and is …
Clean development mechanism (CDM) was included in the Kyoto protocol to support sustainable development in developing countries through technology transfer from developed countries along with the mitigation of greenhouse gas emissions. More than 1000 projects which were registered under CDM from India in the United Nations Framework Convention on Climate …
Carbon markets are considered a key policy tool to achieve cost-effective climate mitigation1, 2. Project-based carbon market mechanisms allow private sector entities to earn tradable emissions reduction credits from mitigation projects. The environmental integrity of project-based mechanisms has been subject to controversial debate and extensive research1, 3, 4, 5, 6, …
Question raised in Lok Sabha on Clean Development Mechanism, 11/08/2015. As on date, The National Clean Development Mechanism Authority (NCDMA) has accorded Host Country Approval (HCA) to 2940 projects. These projects are in the sectors of energy efficiency, fuel switching, industrial processes, municipal solid waste, renewable energy and forestry which …
This study systematically evaluates the environmental integrity of Joint Implementation (JI) in the first commitment period of the Kyoto Protocol. Analysis indicates that about three-quarters of JI offsets are unlikely to represent additional emissions reductions. This suggests that the use of JI offsets may have enabled global GHG emissions to …
