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. …

Indicators for the promotion of sustainable development in carbon market mechanisms

This report assesses options for the effective implementation of sustainable development impact assessment, in the context of climate change mitigation mechanisms such as those of Article 6 of the Paris Agreement. To ensure that these mechanisms contribute to sustainable development in the host country, it is necessary to measure this …

Future role for voluntary carbon markets in the Paris era: executive summary

The end of 2020 marks a fundamental change in the global governance of greenhouse gas emissions with the shift from the Kyoto Protocol era to that of the Paris Agreement. This also has implications for the future role and the feasible models of the voluntary carbon market. A critical focus …

Climate change analysis in the investment process

This report aims to help improve knowledge and understanding about how climate risk can be applied to financial analysis and portfolio management. It then informs practitioners how best to incorporate these analyses into their investment processes, based on case studies of firms that are currently integrating climate-related analysis into their …

Pricing carbon during the economic recovery from the COVID-19 pandemic

Careful implementation of carbon pricing with reductions in fossil fuel subsidies can raise revenues to support the COVID-19 recovery and make society less vulnerable to future climate, ecological or public health risks, according to a new policy brief published today (May 15th) by the Grantham Research Institute on Climate Change …

Ways to Achieve Green Asia

This book provides a comprehensive analysis of the environment and climate change in Asia. It first gives an overview of the environmental challenges facing the region and summarizes the economic impacts of climate change. It also offers in-depth discussions of environmental regulations, environmental governance, environmental evaluation, and the growth of …

Ways to achieve green Asia

Escalating environmental degradation and the risk of climate change are attracting growing attention from both policy makers and the public. For Asian countries, decades of remarkable economic growth have had mixed results in terms of environmental implications. This book provides a comprehensive analysis of various aspects of the environment and …

2020 State of Green Business Report

The 13th annual edition of the State of Green Business to access the key data and trends to watch in the world of sustainable business. The first half of the report shares the 10 trends sustainable business professionals should be tracking in 2020 — the emerging arenas and technologies that …

Net-zero energy housing virtual Article 6 pilot

Article 6 of the Paris Agreement provides the framework for a new generation of carbon markets in a context where all countries are supposed to formulate and implement ambitious Nationally Determined Contributions (NDC) towards a temperature target and ratchet their contribution on a regular basis. Under this new regime, carbon …

Strategic spending: how the EU Emissions Trading System can fund fair climate action

EU Member States are spending billions of Euros less on climate action through the Emissions Trading System (ETS) than they could, WWF analysis reveals. According to EU Member States’ reporting, of the €13.9 billion total ETS revenues in 2018, one-third - €4.6 billion - was not spent on climate actions …

Financing emissions reductions for the future: State of the Voluntary Carbon Markets 2019

Airlines, oil companies, and individuals are using voluntary carbon markets to achieve net reductions in greenhouse gas emissions at levels not seen in seven years, according to Financing Emissions Reductions for the Future: State of the Voluntary Carbon Markets 2019, which was published by Forest Trends’ Ecosystem Marketplace initiative at …

Carbon Markets

Carbon markets are dealt with under Article 6 of the Paris Agreement. Two important parts of Article 6 are: o Article 6.2—Internationally Transferred Mitigation Outcomes o Article 6.4—Sustainable Development Mechanism. Rules and guidelines under Article 6 were supposed to be finalized by 2018 Conference of the Parties (COP24) in Katowice, …

Balancing the budget: why deflating the carbon bubble requires oil & gas companies to shrink

To deflate the carbon bubble and protect investors, oil & gas companies must shrink. The world’s listed oil and gas majors must cut combined production by more than a third by 2040 to keep emissions within international climate targets and protect shareholder value. The current requirements under the Paris Agreement …

The EU Emissions Trading System in 2019: trends and projections

The European Union (EU) Emissions Trading System (ETS) governs about 40 % of total EU greenhouse gas emissions. It sets a cap on emissions from industrial activities (e.g. power and heat production, cement production, iron and steel production and oil refining), as well as aviation. Based on the latest available …

The role of international carbon markets in a decarbonising world

A growing number of countries have started to set longer-term climate targets and develop decarbonisation strategies in addition to their shorter-term commitments under the Paris Agreement. Depending on the country, offsets in the form of emission reductions or emission removals from abroad play various roles in how countries sketch out …

Report of the High-Level Commission on carbon pricing and competitiveness

The potentially adverse impact of carbon pricing on the competitiveness of businesses and economies has been a matter of concern to industry and policymakers. It has also been a barrier to progress on carbon pricing. The Carbon Pricing Leadership Coalition launched the High-Level Commission on Carbon Pricing and Competitiveness at …

Putting a price on carbon: evaluating a carbon price and complementary policies for a 1.5° world

To achieve the Paris Agreement goals and limit global temperature rise this century to 1.5°C, the global economy must be rapidly transformed. A carbon price is needed to incorporate climate change costs into economic decision-making to significantly reduce U.S. greenhouse gas emissions, particularly in the electricity sector. However, a carbon …

Synergizing action on the environment and climate: good practice in China and around the globe

Air pollution affects us all to some degree. Whether live in highly polluted cities or the countryside, there is no escaping the impact dirty air has on our bodies and—as is now becoming apparent—our minds. Seven million people die every year from breathing unclean air. The good news is that …

Using carbon revenues

Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives. How carbon revenues are used and how these uses are communicated are also critical for public and stakeholder acceptability of …

The growth of carbon markets in Asia: the potential challenges for future development

This paper is designed to provide comprehensive details on the carbon markets across the major Asian economies and with specific attention to the Chinese carbon market. Particularly discuss the carbon markets across the major northeast (the People’s Republic of China [PRC], Japan, and the Republic of Korea) Asian economies. Further, …

Beyond the emission gap

This policy brief presents insights that can be derived from the gap indicators in the ‘global stocktake’ dynamic web tool. Know that there is a global emissions gap, as current policies on the national level are insufficient to accomplish the objective of the Paris Agreement to keep temperature increase to …

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