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 Norwegian government has selected a total of five projects in Brazil and South Africa under its second tender to purchase carbon credits to meet its emission targets, helping prop up ailing demand for carbon-cutting projects. The U.N.'s Clean Development Mechanism (CDM) allows investors in emission reduction projects located in …
Africa lags dangerously behind on climate adaptation strategies and implementation. Scattered and incoherent climate related policies exist but are not sufficient to give the continent a survival chance under adverse climate change impacts. In a business as usual Africa; adverse effects of climate related disasters will far outweigh the capacity …
Himachal Pradesh has successfully sold its sequestered carbon through plantations and has earned a financial incentive of Rs 1.93 crores as first installment from the government of Spain for implementing climate change mitigation project under Kyoto Protocol. Chief minister Virbhadra Singh informed this today while chairing the meeting of the …
Shimla, June 15: The benefits of greening the degraded land in 10 districts of the state under the World Bank-funded climate change mitigation project under Kyoto Protocol have yielding results with Himachal selling its carbon credits for the first time for Rs 1.93 crore to Spain, with an assured amount …
The paper uses the case of the waste sector to illustrate the co-benefits associated with certain typologies of climate change mitigation projects, provide suggestions for their quantification and monetization, and draw recommendations for the design of Nationally Appropriate Mitigation Actions (NAMAs), including the role of government. The CDM has been …
When the international negotiations take center stage in Paris this December in the hopes of reaching an agreement to rein in climate change beginning in 2020, negotiators will be able to draw on the lessons learned in the voluntary carbon markets, according to a new report from Forest Trends’ Ecosystem …
The end of 2015 is the target date for the Millennium Development Goals. Governments across Asia and the Pacific have been striving to meet the Goals, particularly on reducing income poverty. Some subregions and countries have made faster progress than others, but it is clear that the MDGs have prompted …
Policy documents and academic literature suggest that Clean Development Mechanism (CDM) finance could complement traditional ‘energy access’ (EA) funding in developing countries, including the Least Developed Countries (LDCs). Yet these propositions have not been empirically tested. This study helps fill this gap by examining constraints to CDM project passage through …
The Kerala State Electricity Regulatory Commission hereby publishes under sub-section (3) of Section 181 of the Electricity Act, 2003, the following draft of the Kerala State Electricity Regulatory Commission (Renewable Energy) Regulations, 2015.
This Technical Note provides a summary of the key elements and design features of 11 different carbon offset programs. It discusses the essential differences and similarities between programs, and discusses how these programs address key issues, such as: efficiency, environmental integrity, applicability, and transaction costs. It does not evaluate the …
The Delhi Metro Rail Corporation (DMRC) has been registered as the world's first transport sector project under the Programme of Activities (PoA) of the United Nations Framework Convention on Climate Change (UNFCCC), enabling it to quantify climate change benefit from all Metro operations in India, a statement said today. The …
In India, institutional arrangements around climate finance have mostly followed national policy responses to climate change. This paper maps the emergence of climate change policy in India and subsequently traces the evolution of arrangements around climate finance. An early assessment of the climate finance landscape in India suggests that it …
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 discusses the potential co-benefits, such as additional local air quality and improved public health, from climate change policies implemented in Asia. Following a discussion of different findings on co-benefits, the paper looks at national policies and international support mechanisms that promote the implementation of measures which promote co-benefits.
Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: a global taxonomy of the economic and financial incentives provided by renewable support schemes …
Bankers have been urged to invest in projects that help to reduce the effects of drastic weather changes such as drought and floods, especially now that the hype about climate change appears to be going quiet. About 40 bankers recently met at Protea hotel in Kampala for the Climate Finance …
There is a growing quest for synergy between mitigation and adaptation due to concerns of inefficiency and ineffectiveness of the compartmentalized approaches to climate change. However, little has been done to explore the necessary enabling conditions for synergistic design and implementation. This paper proposes an analytical framework to assess enabling …
This paper provides key messages for climate change negotiators and policy makers on the potential contribution of the land transport sector to global climate change mitigation strategies. The report summarises key facts on the mitigation potential in the land transport sector for both passenger and freight, institutional and global governance …
On SEPTEMBER 23rd 120-odd presidents and prime ministers will gather in New York for a UN meeting on climate change. It is the first time the subject has brought so many leaders together since the ill-fated Copenhagen summit of 2009. Now, as then, they will assert that reining in global …
A planned World Bank fund will employ options to spur climate-protection investment using rules created by carbon markets. The Pilot Auction Facility for Methane and Climate Change Mitigation will use auctions “to maximize the use of limited public resources,” the Washington-based bank said today in an e-mailed statement. Investors will …
