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 …
This report discusses the role of the voluntary carbon offset market and provides an overview and guide to the most important currently available voluntary carbon offset standards using the Clean Development Mechanism (CDM) as a benchmark .The report compares the standards side-by-side and outlines the most pertinent aspects of each.
The Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) and the Parties to the Kyoto Protocol met in Bali in December 2007. 1 After some high-stakes poker about emission reduction frameworks and the role of emerging economies, participants settled on a road map for negotiating …
ONGC is collaborating with Norway's StatoilHydro on carbon management projects WHILE MOST OIL companies avoid speaking of climate change, India's ONGC has taken the issue head on. The oil and gas giant has signed an agreement with Norway's StatoilHydro to explore carbon capture and sequestration (CCS), clean development mechanism (CDM) …
The potential of CDM projects to attract foreign capital and technology and fetch foreign exchange is enormous... Sanjay Kapadia & Kailash Anerao INDIA and China are dominant players in the global carbon market today. As far as India is concerned, one-third of the total Clean Development Mechanism (CDM) projects registered …
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has launched a clean development mechanism (CDM) project at its manufacturing plant in Taloja. The project will address concerns on global warming, by reducing green house gas emission. The project will be implemented within six months. - Our Bureau
For better or worse, free-market environmentalism is gaining credence in the country. And the latest singing hosannas to the idea is one of India's largest conglomerates, the Tata group. It is putting into place a plan to measure its carbon footprint, reduce greenhouse gas (GHG) emissions and figure out how …
Global carbon trading has gained momentum. The Worldwatch Institute, drawing from various studies, places the total value of the trade in 2007 at $59.2 billion, an 80 per cent increase over 2006. As the 2012 deadline for reducing emission levels approaches, the volume of carbon trading will be enormous. Asian …
This report presents a summary of what has been learnt through the third round of consultations, interviews and questionnaire surveys with policymakers and climate policy researchers across the Asia-Pacific region. It considers how sectoral approaches can be integrated in the future climate regime by looking at institutional and operational issues …
Perhaps genetic engineering could help to increase the efficiency with which crops absorb nitrate from soil (5 January, p 28). However, the claim by Arcadia Biosciences that this will substantially cut agricultural emissions of the greenhouse gas nitrous oxide appears Utopian rather than Arcadian. (Letters)
The Bali meet offered the following to developing countries: Adaptation Fund: The fund to help developing countries adapt to climate change has been there for two years. But it has not been operational.ing India feel that this is too little. Currently the fund amounts to about US$ 67 million. Participants …
Market mechanisms are increasingly being considered as a tool for allocating somewhat scarce but unpriced rights and resources, such as air and water. Tradable permits have emerged as the most cost--effective measure leading to the emergence of both nationwide (SO2) and supranational (CO2) emission permits markets. By means of the …
This report assesses the contribution of the CDM to meeting its environmental and sustainable development objectives and provides recommendations for improving the mechanism. The report discusses selected areas which are deemed particularly important for achieving its environmental and sustainable development objectives, including: the role and performance of designated operational entities …
This paper presents three case studies of Ukrainian Joint Implementation (JI) projects. The analysis is based on interviews with project stakeholders and public presentations of the case projects. The main questions in focus are: what are the typical JI projects in Ukraine?; what similarities and differences are there between the …
This handbook is based on the results an EU Asia Pro Eco co-funded project "CURB-AIR: CDM and urban air pollution: partnerships enhancing synergies in urban air and health in Kyoto mechanisms'. The CURB-AIR project intends to pave the way for projects that both improve air quality and reduce greenhouse gases …
This report look at why the clean development mechanism is failing to reduce climate pollution, and outline a fair, effective framework for addressing the climate crisis.
Removing investment barriers and developing markets for renewable energy and energy efficiency is the core focus of UNEP's sustainable energy and climate finance work. Creating the climate for change details UNEP's sustainable energy finance activities as part of an overall approach to strengthening the progression of finance needed to carry …
The only tool under the Kyoto Protocol to pay for the transition to clean-energy technologies in developing countries is the Clean Development Mechanism ( cdm). This was designed with two explicit purposes: to assist developing countries achieve sustainable development and to assist industrialized countries meet emission reduction targets. Therefore, in …
Carbon dioxide capture and storage (CCS) technologies are increasingly recognised for their capacity to provide a large contribution to the mitigation of greenhouse gas emissions in the coming decades. This paper assesses the policy questions as highlighted in the relevant COP/MOP 2 decision, particularly leaks and permanence for geological storage, …
The Netherlands' Fortis Bank has won a bid to emit carbon dioxide in an auction that marks a new phase in the global "carbon market'. The bank paid more than euros 13 million (US $18 million) for the rights to emit 800,000 tonnes of carbon dioxide. This is the first …
Greenhouse gas emissions from transport are a key contributor to global climate change. In addressing the impacts of climate change through sustainable transport instruments, cities are also able to benefit from a range of co-benefits, including improved air quality, reduced noise from traffic, increased road safety, and a range of …
