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 …
In the Indian context, the utilisation of renewable energy resources for electricity generation is not new. Particularly the wind sector presents a success story where India is one of the global players. However, considering the technical and geographical potential of wind power, a vast amount of the resource still lies …
The following is a successful case study of Cold Storage unit situated at outskirts of Hyderabad. The unit needs both power and steam. The electrical power consumption is towards running refrigeration compressor and associated equipment like condenser pumps, chilled water pumps, cooling tower and lighting etc.
Could reviving the ancient technique of charcoal making really solve the global food crisis, halt deforestation and lock up carbon dioxide for good? Chris Goodall sifts fact from myth on biochar.
Although still accounting for a small segment of the global carbon market, the voluntary carbon market is a place for innovation where original solutions are proposed to deal with some challenges faced by the regulatory market, including efforts to value the occasional ancillary benefits of climate action, to simplify methodologies, …
The global climate change agreement should include actions on deforestation and forest degradation within the wider context of sustainable forest management. Current funding for sustainable forests management is far short of what is needed. Th e funding should be provided from various public and private sources including those mobilized through …
This paper focuses on the cross-cutting objective of advancing development goals throughout the Bali Action Plan in a sustainable way, making the case that there are strategic interests for developing countries in simultaneously addressing climate change and nationally-defined development priorities. The paper first frames the terms of discussion, arguing for …
Insurers have more incentives than any other industry to catalyze global action on climate change.This latest Ceres report outlines the insurance industry
Ministry of Environment has set a target of registering 100 Clean Development Mechanism (CDM) projects in the country to promote the business of carbon sequestration for reducing carbon emission to mitigate the climate change. This was announced by the Federal Minister for Environment Hameed Ullah Jan Afridi in a meeting …
The Engineering Development Board has advised the engineering sector to adopt the Clean Development Mechanism (CDM) to reduce cost and improve their competitiveness in the global market. Addressing the first workshop on CDM, organised by the EDB in collaboration with UN Industrial Development Organisation (Unido), EDB Chief Executive Asad Elahi …
The CEO, Engineering Development Board, Asad Elahi has called upon the industry to adopt Clean Development Mechanism (CDM) to reduce cost and improve their competitiveness in the global market. He was addressing the first roundtable workshop on CDM organised by the Board on Wednesday in collaboration with Unido for the …
A decline in industrial production in the European economies has led to a fall in carbon credit prices by more than 58 per cent in the last eight months. Despite traders
On mitigation commitments of developed countries The proposal is silent on historical emissions or current per capita emissions. The formula focuses on capacity, ignoring
India's first integrated solar housing project is complete. This is a milestone and trendsetter in present times as it revolves around a concern for extending the life span of natural resources while at the same time providing human comfort, safety and productivity Amid the depleting wilderness of an upcoming township …
The ongoing global economic downturn and a sharp fall in crude oil prices in the last few months have dampened the market for carbon credits. The prices of carbon credits dropped nearly 75 per cent in 2008, leaving those who had invested in them with huge losses. The reason: Companies …
A United Nations body working on climate change has rejected a Clean Development Mechanism (CDM) project proposal submitted by Tata Chemicals, a Tata Group firm. Meanwhile, data with multilateral agency shows that Indian entities withdrew as many as six applications for projects related to cutting carbon emission, in 2008. The …
Deepa Krishnan & Nidhi Sharma MUMBAI INDIAN companies are shelving green projects that would have earned them carbon credits under the Clean Development Mechanism (CDM) following a 50% fall in the prices of Carbon Emission Reduction (CER) credits due to the global downturn. CDM is an arrangement under the Kyoto …
