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 Government of Haryana has formulated Haryana Solar Power Policy 2014 to promote the generation of power from solar energy. The objective of this policy is to create conditions conducive for the involvement of private sector or public private sector participation in setting up and promoting Biomass, Cogeneration, Small Hydro, …
Plans to set up over 80 MW of wind and solar energy projects As part of its entry into green energy generation, lignite-based power producer Neyveli Lignite Corporation has lined up renewable energy projects worth Rs 500 crore to set up wind and solar energy projects of 80 Mw. The …
This handbook provides local policy makers and other interested readers with an overview of climate and carbon finance mechanisms, both existing and in development, and their relevance to the urban context. It has been prepared in response to a recognised need for a user-friendly guide to such mechanisms, their potential …
The Indian solar industry has been maturing at a rapid clip, growing more than a hundredfold in four years to reach over 2.6 gigawatts (GW) of installed capacity in 2014. Coupled with successful state-level policies in Gujarat and Rajasthan, the Jawaharlal Nehru National Solar Mission (Mission or NSM) has played …
India is struggling with skyrocketing energy demands, declining energy supplies, and peak load blackouts and shortages that limit energy access. The country’s recent economic growth has depended largely on fossil fuels, resulting in greater energy security concerns, higher electricity pricing, and increased pollution. At the same time, the Indian government …
These regulations may be called the Assam Electricity Regulatory Commission (Co-generation and Generation of Electricity from Renewable Sources of Energy) Regulations, 2014. These regulations shall extend to the whole of the state of Assam.
Japan and Mexico have signed a deal for Japanese companies to earn carbon credits by investing in technology to cut greenhouse gas emissions in Mexico - in Japan's 12th bilateral carbon agreement. The programme, known as the Joint Crediting Mechanism (JCM), lets companies in Japan, the world's fifth-biggest greenhouse gas …
Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices, if plans to allow them to exit are implemented. At a meeting last week, members of the board overseeing the …
(Reuters) - Norway will buy 21 million U.N. backed certified emission reductions (CERs) for an average price of 2.28 euros each in its international tender to purchase carbon offsets, said the financial institution in charge of the deal on Monday. The Nordic Environment Finance Corporation (NEFCO), which manages the tender …
Environment minister rejects Ross Garnaut’s call to preserve ETS with floating price and allow use of international credits The Abbott government is continuing to resist entreaties to keep some of Labor’s carbon pricing architecture, with the environment minister, Greg Hunt, declaring repeal will more than likely proceed after the new …
The Asian Development Bank (ADB) announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of 1.8 billion (about $17.65 million) from the Government of Japan. The Minister of the Environment of Japan Nobuteru …
The use of carbon markets to curb rising greenhouse gas emissions was dealt a blow on Sunday after two weeks of United Nations talks on designing and reforming the mechanisms ended in deadlock. The negotiations, held as part of U.N. climate negotiations in Bonn, Germany, made scant progress as envoys …
A man takes a photograph standing in front of a structure covered with an image of the Hong Kong island skyline at the waterfront in the Tsim Sha Tsui area on Aug. 22, 2013. United Nations carbon regulators will consider new rules next month to make it easier for China …
Tata Power has crossed the 500 MW mark in renewable energy capacity with the commissioning of a solar plant at Palaswadi, Maharashtra. This is in line with the company’s commitment to have 20-25 per cent contribution in clean energy generated from hydro, solar, wind, geothermal, and waste gas. Currently, Tata …
United Nations carbon regulators will consider new rules next month to make it easier for China to switch emission-reduction projects from the Clean Development Mechanism to a new domestic offset program. China’s National Development and Reform Commission, the chief regulator, has so far approved 16 projects designed to cut annual …
The share of greenhouse gas emissions covered by domestic carbon pricing initiatives increased significantly over the past year, led by the launch of six carbon markets in China. Today, 39 national and 23 sub-national jurisdictions – responsible for almost a quarter of the global greenhouse gas emissions – have implemented …
The government will propose to join the International Renewable Energy Agency (IRENA) in the upcoming National Assembly session that begins tomorrow. The cabinet decided, on May 6, the country should become a member. The agency’s mandate is to promote and adopt sustainable use of all forms of renewable energy. The …
Hydropower is back in the spotlight. Many large dams are now being built after a lull at the end of the last century. And some are being built in the name of climate change mitigation and adaptation. New sources of finance – from China and private banks internationally – and …
During the first Kyoto commitment period, the Clean Development Mechanism (CDM) emerged to be a global standard for the global carbon market. Linking developing and industrialized countries in an international cooperation mechanism, it provided a governance and accounting framework for emission reduction efforts around the world. Not without its own …
