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 …
Global Warming as we all know is one of the serious environmental issues resulting from Green House Effect. Out of all Green House Gases (GHGs), carbon dioxide is the most significant one as its concentration in the atmosphere is increasing at an alarming rate. The most interesting aspect of the …
India has established herself as the most encouraging host party in the carbon market, with the largest global share in registered CDM projects at UNFCCC Amrita Ganguly Ajeya Bandyopadhyay & Subrata Ray Population growth, accelerating consumption demand and rapid industrialisation are leading to all round concern about the cataclysmic effects …
ONGC's good work in combating climate change has won it an international recognition. An eminent jury, under the chairmanship of Justice PN Bhagwati, former Chief Justice of India and Member of UN Human Rights Commission, adjudged ONGC the winner of '2008 Golden Peacock' award for an impeccable record in the …
As the state is working on bringing out its first-ever environment policy, environmentalists working in Himachal have expressed concern over increasing activities of hydro-power production, cement industries and indiscriminate mining and have asked the state for a serious review while framing the policy. Activists have suggested to the government to …
The brokering of deals between international carbon trading brokers and Indian government bodies to reduce energy consumption and earn carbon credits has gained momentum in recent weeks. Not many people noticed the surprise, albeit non-political, move sprung by Mayawati's Uttar Pradesh government late last month through its electricity body, Uttar …
The high aspirations that the Indian green energy-based companies had nurtured for generating additional resources through carbon trading have begun to fade. Their Chinese counterparts have out-smarted them by wooing away customers, largely from the European Union (EU), and forcing them to search for new buyers and even opt for …
ADATS, along with Velcan Energy, France, undertook to construct 5,500 Biogas Units for as many Coolie women under a CDM (Clean Development Mechanism) Project of the UNFCCC from October 2005. This CDM Project is well under way and even the first Verification (process by which the generation of CERs is …
The role envisioned for liquid biofuels for transport has come under increased scrutiny in the past year or two, due to the potential social and environmental impacts associated with scaling up biofuels production and use from its low level
Climate change will have a disproportionate impact on poor developing countries - compared to the expected net effects in developed regions - due to a combination of more severe climatic impacts in areas that are already vulnerable today, coupled with inadequate resources, technology and organizational capacity to adapt to them. …
The project costing Rs 1.4 billion for the development of the forestry sector in Fata has been prepared whereas mega forestry sector projects have also been initiated at a cost of Rs 12 billion in all four provinces, including AJK. The environment ministry is also executing Rs 400 million projects …
The need for a reduction in carbon emissions was debated at the United Nations Conference on Environment & Development (The Earth Summit) in Rio de Janeiro in 1992, resulting in the adoption of United Nations Framework Convention on Climate Change (UNFCCC), an international treaty on environment. The Kyoto Protocol, 1998, …
India has emerged as the second largest seller of carbon credits in the global market with six per cent share in 2007, while China tops the list with a huge 73 per cent, a World Bank report said. "India and Brazil, at 6 per cent market share each, transacted the …
CERs to rise 75% this year; India accounts for 43% of emission reductions issued by global body. In the backdrop of an increasing threat of global climate change, the worldwide carbon credit market is expected to grow by nearly 75 per cent in 2008. "The carbon market size, which was …
Furnishes letter by Union MOS saying no deal has been signed with World Bank by any state or Centre Even as Chief Minister Prem Kumar Dhumal and his Congress predecessor Virbhadra Singh have already locked horns on the carbon credits issue, a sitting Lok Sabha member, Chander Kumar, today gave …
Make-or-break for an idea that is meant to help the poor grow and be green Reuters It's not just the market that's drying up FOR the system that is supposed to make it easier for people in the rich world to cut the greenhouse emissions of the poor, a "binary …
The global carbon market more than doubled in value in 2007 to $64 billion, but that masked slow growth in actual greenhouse gas emissions cuts, the World Bank's carbon finance unit said on Wednesday. Climate change policies which limit the production of planet-heating gases in rich countries are driving booming …
Market-based incentives for additional greenhouse gas emission reductions for project activities offer new opportunities in developing countries. The revenue from Clean Development Mechanism (CDM) projects can ensure financial viability of energy conservation and cost reduction measures in many industries. Carbon credits generation activity is growing at 80% in India. Though …
This report explains the failure of the world's biggest carbon offsets program to make a dent in greenhouse-gas emissions. It also maps the world of rivers and dams for the past year and pinpoints hotspots for the coming year. Efforts to solve the climate crisis are stumbling over poorly designed …
Although wind energy is a rapidly growing technology its use remains geographically concentrated, with more than 75 percent of global installed capacity found in just five countries. These countries, and others wishing to develop wind energy have implemented various supportive policies covering areas as diverse as tariffs, technical R&D;, administrative …
