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 tackling climate change, policy makers often overlook the role of the natural world in regulating greenhouse gases in the atmosphere: specifically, the unique role that forests and peatlands have to play in the battle against rising emissions. Changing approach would significantly reduce the cost of tackling climate change and …
The Clean Development Mechanism (CDM) aims at a cost-effective reduction of GHG emissions and technology and capital transfer from industrialised to developing countries. The CDM has seen a true gold rush period, with thousands of projects being developed in a few years. More and more governments and companies bet on …
Sri Lanka sets up carbon fund to acquire marketing edge sri lanka launched a Carbon Fund in June under a public-private partnership to encourage companies to get into businesses that would earn them carbon credits. B M S Batagoda, chief executive officer of the Carbon Fund, said the fund would …
Indian cos big carbon credit hedgers The risk-taking ability of an Indian entrepreneur, coupled with his penchant for maximising returns has resulted in India having the largest number of unsold carbon credits among all carbon markets in the world. According to Green Ventures, India currently has over 46 million unsold …
CASHING IN ON NATURAL RESOURCES Investments in clean technologies are riding a green wave into India. In 2007, Green India Inc raised $1.4 billion through convertible bonds from the international market even as it picked up $628 million from the domestic stock market. Indian companies are at the forefront of …
Any understanding of global warming must consider the relative contribution to the problem by the richer countries and the rich, over the poorer countries and the poor who are the most affected due to the problem. The legal regime adopted to solve the issue should place the poor and human …
NEW DELHI: Australia and India are on the verge of entering into a "great economic' partnership said John McCarthy, the Australian High Commissioner to India. Addressing the second India Cleantech Forum organised by the Confederation of Indian Industry, he said that the success of the partnership "depends on how we …
Measuring the costs and benefits of projects intended to offset the emission of greenhouse gases is one of many thorny issues that the state of California must tackle as it begins drafting a cap-and-trade system of carbon credits.
The Asian brick industry is a huge economic sector employing many millions of people and consuming sizeable amounts of energy, mostly in the form of coal and firewood. It is a very conservative and change-resistant industry, especially in South Asia, but has a very interesting potential for change. If it …
It is now common knowledge that the Montreal Protocol in its effort to phase out the use of ozone depleting substances, especially CFCs, also alleviated the growing climate problem significantly. Some say the world was given a grace period of 10 years in which to react to the potentially cataclysmic …
It's In Line With International Commitments Nitin Sethi | TNN New Delhi: The National Action Plan on Climate Change has been finalised and would in all probability released by Prime Minister Manmohan Singh on Monday. After two rounds of to and fro between different lobbies in the climate change council …
Bishnu Dash To encourage micro, small and medium enterprises (MSMEs) in the state to adopt modern cutting edge technology, the draft MSME development policy of the Orissa government has proposed the launch of an
Hong Kong has joined the international carbon trading structure with a promise to slash emissions, but analysts say the move will fail to produce any serious reductions in greenhouse gases. "It is a bit of an impotent gesture and is about four years too late," said Shane Spurway, head of …
The government has raised the compensatory amount from Rs18 billion to Rs54 billion for disbursement among the people affected by the raising of the country's second biggest reservoir, Mangla Dam. This was disclosed by Commissioner Mangla Dam Affairs Engineer Chaudhry Ameer Afzal while talking to a delegation of Britain-based affected …
Agricultural scientists have asked Pakistan to stop its irrigation water from further wastage. Globally, agriculture consumes 70 per cent of water withdrawals, but, in Pakistan it goes up to 95 per cent. Speaking at a seminar on
India has emerged as the second-largest seller of carbon credits in the world, with a 6 per cent market share in 2007. China tops the list with a huge 73 per cent share, according to a recent World Bank report.
Rajiv Tikoo The Financial Express and Emergent Ventures India launch a survey to map the greening of businesses, highlight success stories and come up with recommendations for best practices It's set to become a symbol of green businesses in India. On World Environment Day, June 5, The Financial Express and …
Hong Kong companies that reduce their carbon dioxide emissions in the city can now sell those cutbacks in a $12.9bn global carbon credit market created under the Kyoto protocol. The new arrangements, announced by the Hong Kong government yesterday, are a step towards rectifying an anomaly created by China's "one …
A deal to be done between rich and poor countries on global warming is going begging If all goes well, in 2011, a year before the Kyoto protocol expires, a new opera will open at La Scala in Milan. It will be based on
The fight against climate change cannot succeed unless the people of India and China join the effort at a mass level Jotdeep Singh The Kyoto Protocol and the Clean Development Mechanism (CDM) are by now reasonably well known to the organisations and companies involved with the climate change space in …
