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 National Action Plan on Climate Change (NAPCC) has opened up new vistas for Renewable Energy Certificate (REC) trading in India. Internationally, RECs are essentially used as a facilitating mechanism for meeting the Renewable Purchase Obligation (RPO) in the compliance market under a supportive policy and regulatory regime.
This paper examines key features of the global carbon market. It first highlights the infrastructure for global trading of carbon credits, and then examines the functioning of the regulated market segment covered by the Kyoto Protocol. The voluntary segment of the carbon market though small is a growing one, but …
China's Ningxia Federal Intertrade Company has submitted Clean Development Mechanism (CDM) proposals to disseminate 34,000 solar cookers in Ningxia Hui Autonomous Region, aimed at reducing the amount of CO2 released from coal-fired stoves.
This report contains separate assessments of climate policy in twelve of the major GHG emitting countries, covering government policy on mitigation, adaptation, technology transfer, and land use policies. The assessments cover the policy developments between 1st November 2008 and 20thFebruary 2009. Apart from describing the various policy initiatives being developed …
The base document prepared by Ministry of New and Renewable Energy aimed at developing a framework for undertaking programmatic CDM projects in the renewable energy sector. Comments and feedbacks on the report are accepted till March 24, 2009. The Ministry of New & Renewable Energy commissioned a study to understand …
This paper constructs a framework for understanding and explaining the governance of clean development in order to generate insights about who is governing clean development, by what means, for whom and how effectively. Understanding key governance dimensions is critical to appreciating the extent to which and the ways in which …
Article 12.5 of the Kyoto Protocol specifies that emission reductions are only to be certified under the Clean Development Mechanism (CDM) if they are additional to any that would occur in the absence of the certified project activity. The primary question to be pursued in this discussion paper is simply: …
This report by Greenpeace shows that 35% of the country's electricity demands can be met from renewable energy by 2030 and 50% of the projected energy requirements from smart and efficient production, distribution and use of energy. Energy [R]evolution: A sustainable India Energy Outlook is a blueprint for curbing carbon …
Different Strokes: They might sit at the same table, but they are certainly not equals on competitiveness Remember the competing bids from states to attract Tata Motors
Pending Plans Can Produce Carbon Credits Equivalent Of 224-mt CO2 Sushmi Dey NEW DELHI DOMESTIC companies such as Mahindra & Mahindra, Suzlon Energy, Tata Steel, Reliance Industries, Oil & Natural Gas Corp (ONGC), National Thermal Power Corp (NTPC) and DLF are waiting for the UN-led clean development mechanism (CDM) executive …
A volatile carbon credit market means companies will be less likely to invest in clean energy projects as the incentives are hard to predict. For the first time in more than four years, growth is slowing in India
The Clean Development Mechanism (CDM) of the Kyoto Protocol is designed to allow the industrialised countries to earn credits by investing in greenhouse gas (GHG) emission reduction projects in developing countries, which contribute to sustainable development in the host countries. This research empirically investigates the long-run impacts of CDM projects …
The Clean Development Mechanism (CDM) of the Kyoto Protocol is designed to allow the industrialised countries to earn credits by investing in greenhouse gas (GHG) emission reduction projects in developing countries, which contribute to sustainable development in the host countries. This research empirically investigates the long-run impacts of CDM projects …
There's a new market growing in the United States, but unlike others trading in tangible commodities, this one trades in the absence of something that no one wants: greenhouse gases in the atmosphere. According to industry figures, the global markets for both voluntary offsets and those sold to meet compliance …
In developing countries, the progress of large populations is held up because of a lack of access to the energy required for long-term economic and social development. This past year has seen dramatic volatility in oil prices. Volatile energy prices are impacting energy security, balance of payments, inflation, and economic …
This IGES brief is based on the outcomes of the consultations on post-2012 climate regime and pertinent literature review. The brief suggests that the future climate regime should create incentives to promote only those biofuel projects and programs that provide net positive energy, environment, and developmental benefits; institute necessary safeguards …
To achieve efficacy in scale up efforts, different approaches are likely to be appropriate for different countries and interventions. These approaches could include a combination of interventions such as taxes, efficiency standards and labels, market-based cap and trade schemes and could be defined by host countries in relation to the …
