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 …
Two summits on global warming lay bare a yawning gap over who needs to do what, as well as the ghost of a deal AS WORLD leaders met to discuss cli-Liriate change at the United Nations this week, protesters outside seemed unconvinced that drowning islands and expanding deserts were the …
This paper identifies structural limitations within the current configuration of the CDM; puts forward a set of innovative proposals for addressing those shortcomings in the near term; and outlines a new market-based framework that can, in the medium term, strengthen and ultimately succeed the CDM.
The contemporary trend of global warming is aptly highlighted in the IPCC report 2007. There is a strong consensus amongst scientists and planners today that the earth's climate is entering a warm episode, nudged primarily by human activities of fossil fuel burning and land use changes that inject steadily increasing …
Sustainable transport projects in general reduce GHG emissions. Such projects could thus qualify for the CDM and benefit from the sale of GHG offsets. This makes good projects economically more attractive and reduces barriers towards their successful implementation. The CDM can constitute an important additional revenue source for sustainable transport …
Renewable energy contributed 7% of India's electricity generation in 2006, with about 9.1 GW of capacity. Nearly two-thirds of this contribution was from wind sources, 1.8 GW from small hydro, and 1 GW from biomass derived energy. The total generation potential from renewables is estimated at 172 GW. Meanwhile, the …
Indira Hiriway of the Centre for Development Alternatives in Ahmedabad has recently produced a working paper on the valuation of mangroves in Gujarat. It provides a comprehensive analysis of the uses and potential of mangroves, their value and the cost of their replacement. She explains they have importance at the …
On December 12, 2006, the Brazilian ministry of science and technology unveiled a us $37-million scheme to fund initiatives aimed at reducing carbon emissions. The scheme would help Brazil benefit from Kyoto Protocol's clean development mechanism (cdm). It has been estimated that between 2006 and 2012 the total carbon credit …
A sample of 52 Indian CDM projects registered until May, 20, 2006 is analyzed with respect to the testing of additionality. While almost all projects do additionality testing, only half of them identify alternatives. Barrier testing is almost universal but only a third of the projects do an investment analysis. …
The objective of this article is to review how this remarkable turn of events unfolded, to examine whether and to what extent the CDM has overcome the structural difficulties highlighted above, and to discuss the future of the CDM in the context of global climate mitigation in the medium and …
A global carbon market has evolved in the wake of negotiations for the United Nations Kyoto Protocol. A number of distinct markets are encompassed within its remit, including a voluntary retail arm. Although the voluntary retail market is very small in comparison to other segments, it has large growth potential …
Under the World Bank's Sustainable Development Network Integration "Challenge Fund Initiative,' a joint "ESMAP - Carbon Finance Unit' team examined the synergies and possibilities of scaling up implementation of dispersed, demand-side EE efforts using the emerging programmatic CDM (pCDM) concept. This paper focuses on the key recommendations of this analysis, …
This paper is based on a review of the effectiveness of solar home systems (SHS) in Africa in meeting users expectations on a service based analytical approach. Various projects have deployed SHS on the promise that they are cost-effective, can meet end-user demands, have ability to alleviate poverty, can save …
the South African branch of PriceWaterhouseCoopers has been made a designated operational entity for clean development mechanism (cdm) projects. But the move has raised questions. Under cdm, developed countries can invest in projects in developing nations to meet their Kyoto Protocol targets. The United Nations Framework Convention on Climate Change, …
almost 16 years after the Municipal Corporation of Delhi (mcd) shut down its waste-to-energy power plant at Timarpur, the Timarpur Waste Management Company Private Limited (twmcpl), a subsidiary of the Infrastructure Leasing and Financial Services (il&fs), is now busy reviving it. But environmentalists are sceptical: they say twmpcl and mcd …
the list of Indian companies inappropriately claiming benefits of clean development mechanism (cdm) seems to be endless, the latest addition being the Raigarh-based Jindal Steel and Power Limited (jspl). The company is claiming cdm benefits for an activity that it would have undertaken with or without the cdm benefits. This …
Like any fledgling business, the carbon credit market too has teething troubles. But that should not stop it from growing In 2004, Roop Salotra undertook a project at srf's (Sri-ram Fibres) refrigerant plant in Bhiwadi, Rajasthan, that cost about Rsl2.5 crore. Under a scheme that generates 'carbon credits', it significantly …
the project design document (pdd) of a clean development mechanism (cdm) project of itc Limited has been put up on the website of the United Nations Framework Convention on Climate Change (unfccc) for comments from interested parties. Experts say the project is another example of cdm's criteria circumvented . The …
EcoSecurities, a uk -based company dealing with carbon credit projects, recently announced its plans to assist Indian project developers enter the market of clean development mechanism (cdm), a tool for the developing countries to meet their Kyoto Protocol targets. It plans to assist in areas of assessment, documentation, approval processes …
Since entry into force of the UN Framework Convention on Climate Change (UNFCCC) in 1994, negotiations on controlling future greenhouse gas emissions have turned into one of the largest development issues of our time. In February 2005, the Kyoto Protocol entered into force and 9 months later a historical first …
the first-ever meeting of the Asia-Pacific Partnership on Clean Development and Climate was held recently to tackle the issue of climate change outside the purview of the United Nations. The six participating nations
