Carbon Market

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …

Potential for international offsets to provide a net decrease of GHG emissions

At COP 17 in Durban, the Parties called for new market mechanisms, and more broadly, “various approaches, including markets” to “achieve a net decrease and/or avoidance of greenhouse gas emissions”. This paper explores what a net decrease might mean in practice, how it might be achieved, and the potential scale …

Reference document for REDD+ in India

An Expert Committee constituted under the Chairmanship of Shri Jagdish Kishwan, former ADG (W&L;) has prepared the Reference Document for REDD+ in India to provide greater clarity and guidance on the emerging REDD+ issues.

EU votes to prop up carbon prices on emissions trading system

Carbon market businesses breathed a sigh of relief on Wednesday after the European parliament voted to prop up prices on the EU’s emissions trading system. MEPs voted 344 to 311 in favour of a measure to bolster the system, the EU’s flagship policy to tackle climate change, by temporarily reducing …

EU emissions trading scheme 'set to cancel out renewable energy gains'

Huge oversupply of carbon pollution permits will cancel out efforts made in other areas to cut carbon, study finds Deep problems in Europe's carbon trading scheme – its flagship climate change policy – are set to cancel out over 700m tonnes of emissions saved through renewable energy and energy efficiency …

State of the voluntary carbon markets 2013

Forest Trends’ Ecosystem Marketplace released State of the Voluntary Carbon Markets 2013 report in Barcelona, Spain. According to the report, corporate buyers are flocking to voluntary carbon markets despite the lack of a global agreement to reduce greenhouse-gas emissions, funneling millions of dollars into projects that save endangered forests and …

Redrawing the energy-climate map

This new IEA report maps out the out the current status and expectations of global climate and energy policy - what is happening and what (more) is needed? The energy sector is the single largest source of climate-changing greenhouse-gas emissions and limiting these is an essential focus of action. The …

Elements of a new climate agreement by 2015

This year’s Perspectives from UNEP and its UNEP Risø Centre in collaboration with the Global Green Growth Institute (GGGI) focuses on the elements of a new climate agreement by 2015 that will contribute to achieve the 2°C limit for global warming. The first paper frames the global mitigation challenge based …

Mapping carbon pricing initiatives 2013: developments and prospects

The Mapping Carbon Pricing Initiatives report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis. The development of national and subnational carbon pricing initiatives …

Welspun Energy collaborates with ICFRE for increasing India’s forest cover

The Indian Council of Forestry Research and Education (ICFRE) and Forest Research Institute Dehradun (FRI) in collaboration with Welspun Energy Ltd. (WEL), India’s foremost renewable energy generator, organized a workshop titled ‘Innovation for Forest Carbon Finance in India’ on 28th May 2013 at FRI’s Dehradun campus. Keeping the role of …

EU officials set new date to revive ailing carbon market

Climate experts from European Union governments will next discuss a proposal to bolster prices in the bloc’s carbon market on May 27, an EU official said. The meeting in Brussels will aim to give governments an opportunity to quickly respond to any potential action on the proposal in the European …

Carbon Falls as EU Rejects Fix

After the vote to prop up the carbon market failed, prices dropped 40% to €2.63 a tonne European Union politicians rejected a plan to prop up the world’s biggest carbon market on Tuesday, sending it plunging to a new record low and raising questions about its survival. After months of …

China zone sets date for carbon trading start

Shenzhen, a Special Economic Zone designed to promote market policies in China, will start emissions trading on June 17, the first announced start date among the country's regional carbon exchanges. Mayor Qin Xu announced the schedule in an interview with the Shenzhen Daily newspaper. While Beijing and Shanghai may also …

EU capped carbon emissions fell 1.4 percent in 2012

Emissions from power plants and factories covered by the European Union's carbon market fell by 1.4 percent last year, preliminary like-for-like data showed on Tuesday, helping keep the EU on track to reach its 2020 emissions reduction target. Around 10,000 installations out of some 13,000 firms operating under the EU's …

Environmental groups pressure U.N. body for carbon aviation deal

Environmental groups have urged the United States to back a global deal to curb carbon emissions produced by planes, noting that global aviation emits more of the greenhouse gas than all but six of the world's nations. The groups, alarmed at scant progress toward an agreement within a United Nations …

Alternative Renewable Energy Policy 2013: Government of Bhutan

This Alternative Renewable Energy Policy aims to promote the following clean RE technologies: solar (both PV and thermal), wind, bio-energy, geo-thermal, pico/micro/mini/small hydro and waste to energy (WTE). This Policy shall cover, inter alia, the following areas of RE interventions: Stand-alone systems, Decentralized Distributed Generation (DDG) systems, Grid-connected RE systems, …

Environmental groups pressure U.N. body for carbon aviation deal

Environmental groups have urged the United States to back a global deal to curb carbon emissions produced by planes, noting that global aviation emits more of the greenhouse gas than all but six of the world's nations. The groups, alarmed at scant progress toward an agreement within a United Nations …

Chinese climate finance gap to exceed 1t yuan by 2015

An international climate report issued on Thursday said China will have to attract nearly 2 trillion yuan ($322 billion) in investment by 2015 in order to honor its commitment to fight climate change. "By 2015, China's climate change financing will reach 1.96 trillion yuan and there will be an estimated …

Lanka could cut carbon emissions by 19% via green power

Sri Lanka could slash its greenhouse gas (GHG) emissions by 19 percent of projected levels in 2020 at little or no long-term cost using an array of green power options, a new study from the Asian Development Bank (ADB) showed. “Sri Lanka has the potential to avoid emissions of over …

Sri Lanka could slash 2020 carbon emissions by a fifth

Sri Lanka could slash its greenhouse gas (GHG) emissions by 19% of projected levels in 2020 at little or no long-term cost using an array of green power options, says a new study from the Asian Development Bank (ADB). "Sri Lanka has the potential to avoid emissions of over 5.6 …

Switch to emissions trading now, industry group says

Australia should end its bickering over a carbon price and move to an emissions trading scheme (ETS), the head of a manufacturing lobby group says. Australian Industry (Ai) Group chief executive Innes Willox says the fixed carbon tax should be scrapped, with the policy changed to an internationally linked ETS …

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