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. …

Norway Opens Major Facility To Test Carbon Capture

Norway on Monday launched the world's largest facility of its kind to develop carbon capture and storage (CCS), the so-far commercially unproven technology that would allow greenhouse gases from power plants to be buried safely underground. A 5.8 million Norwegian crown ($1.00 billion) government-funded centre will test two post-combustion carbon …

Club of Rome sees 2 degree Celsius rise in 40 years

Rising carbon dioxide emissions will cause a global average temperature rise of 2 degrees Celsius by 2052 and a 2.8 degree rise by 2080, as governments and markets are unlikely to do enough against climate change, the Club of Rome think tank said. Failing to tackle climate change in the …

South Korea Approves Carbon Trading Scheme

South Korea's lawmakers approved a national emissions trading scheme on Wednesday to tackle its growing greenhouse gas emissions, overcoming strong industry opposition and joining a growing number of nations to put a price on carbon. Of the 151 lawmakers who voted, 148 approved the scheme, underscoring bipartisan support for a …

Fossil fuel subsidies, climate, and the UNFCCC

Recent estimates of global fossil fuel subsidies for production and consumption are staggering, putting the total near US$730 billion annually or higher. In a time of economic hardship, dangerous climate change, and growing demand for reliable and cleaner sources of energy, these fossil fuel subsidies are a reckless and irrational …

Blue carbon policy framework

Blue Carbon activities refer to a suite of sustainable policy, management and planning activities in coastal ecosystems to reduce emissions from conversion and degradation and to conserve and sustainably manage coastal carbon sinks. The updated framework set out in this document describes a coordinated program to support the development and …

Climate change and agriculture: can market governance mechanisms reduce emissions from the food system fairly and effectively?

The agricultural sector is a major contributor to greenhouse gas (GHG) emissions, accounting for up to 30 per cent of the global total. Agriculture is itself also affected by climate change, with overall impacts predicted to be negative, particularly in poor countries. These are likely to have serious consequences, both …

Britain picks ICE Futures Europe to host CO2 permit sales

Britain has awarded ICE Futures Europe a contract to host auctions to sell carbon permits in the third phase (2013-2020) of the European Union emissions trading scheme, the UK government said on Monday. An auction platform will enable the UK, one of Europe's biggest emitters of carbon dioxide (CO2), to …

Forests and climate change after Durban: an Asia-Pacific perspective

Over the past two years, the FAO and RECOFTC – The Center for People and Forests have brought together regional experts to reflect on the outcomes of the 15th and 16th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC). The resulting booklets Forests …

Who's winning the clean energy race?

Companies and countries have experienced ups and downs in the worldwide clean energy race in recent years, and 2011 was no exception. For consumers, however, the clean energy race has been consistently positive, driving down prices and interjecting new renewable energy choices into a marketplace dominated by century-old technologies. Price …

China’s carbon emission trading: an overview of current development

China has embarked on one of the largest endeavours in climate economics ever, to establish a national carbon emission trading system by 2015. As a first step, carbon-trading pilots have been initiated in seven provinces and cities. The success or failure of those experiments will to a large extent determine …

Governments Embrace Carbon Voluntary Market: Report

A growing number of national and regional governments are likely to use voluntary carbon credits to meet mandatory climate targets, a report by U.S. research company Ecosystem Marketplace said on Thursday. The report said about 20 government programs had engaged with the voluntary carbon market, despite doubts by some companies, …

Towards policies for climate change mitigation: incentives and benefits for smallholder farmers

Climate finance provides an opportunity to facilitate the adoption of agricultural practices that support climate mitigation and adaptation. This report evaluates how governments can use climate finance to lift barriers for the adoption of sustainable agricultural practices or the promotion of policies that alter the economic incentives for smallholder farmers. …

Climate change, forests, and you: grassroots capacity building for REDD+ in the Asia-Pacific region

This publication serves as a resource for community level facilitators to provide explanations about the basics of climate change and the role of forests. It aims to raise the awareness of grassroots stakeholders for Reducing Emissions from Deforestation and Forest Degradation (REDD+) through answering nine frequently asked questions. The questions …

World Bank Issues SOS For Oceans, Backs Alliance

The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank President Robert Zoellick told a conference on ocean conservation in …

BSE-GREENEX

BSE Ltd launched ‘BSE-Greenex’, the first environmentally-friendly equity index, which will enable investors take more informed decisions in the green theme of India. Inaugurated by the Corporate Affairs Minister, Mr Veerappa Moily on 22 Feb 2012. The BSE in association with gTrade (supported by GIZ promoted by Germany, Observer Research …

Taking the heat out of farming

The World Agroforestry Center (ICRAF) has released a report on its “Taking the Heat Out of Farming” project that helps Indian smallholders to join the global carbon market in Andhra Pradesh and Rajasthan. The project is based on the SMART-CDM approach, which introduces specific, measurable, achievable, realistic and tangible practices …

Rethinking REDD+ benefitting the environment and forest people

The second annual Asia REDD+ Working Group facilitated by Community Forestry International was held in Kathmandu, Nepal. Members from government, NGOs, field project representatives, international donors, and technical & financial resource persons attended from ten countries: Nepal, India, Indonesia, Bangladesh, Philippines, USA, UK, France, Germany, and Japan. The Asia REDD+ …

World Bank Sees Carbon Finance Role For Years

The World Bank's carbon finance initiatives will likely be needed for at least five years, as the United Nations struggles to create a self-sufficient, international carbon market, the manager of the bank's carbon finance unit told Reuters. Negotiators at December's U.N. climate talks in South Africa agreed to extend the …

EU Carbon Too Cheap, No Mention Of Intervention: Draft

European Union carbon allowances are far too cheap to encourage increased environmental investment, a leaked EU draft seen by Reuters said, but it stopped short of calling for the market intervention politicians and energy companies argue is urgently needed. Pressure has built from industry and lawmakers across the political divide …

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