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Defining moments in climate change: hope and crisis in Copenhagen

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From ‘Hopenhagen’ to ‘suicide pact’ for developing nations, COP15 has gone down as a failure in international cooperation . . . → Read More: Defining moments in climate change: hope and crisis in Copenhagen

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Putting environmental impact on the balance sheet

Until now, “environmental externalities” have never made it onto the balance sheet, doing so would reveal many industries are generating huge net losses . . . → Read More: Putting environmental impact on the balance sheet

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Australian and EU carbon markets to be linked

Deal connecting two international markets from 2015 will create the world’s biggest emissions trading system . . . → Read More: Australian and EU carbon markets to be linked

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EU moves to shore up price of carbon emissions

Changes to emissions trading scheme are not the large-scale reforms that campaigners and green businesses had urged . . . → Read More: EU moves to shore up price of carbon emissions

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Global Investments in Green Energy Up Nearly a Third to USD 211 Billion

Wind farms in China and small-scale solar panels on rooftops in Europe were largely responsible for last year’s 32% rise in green energy investments worldwide, according to the latest annual report on renewable energy investment trends issued by the UNEP.

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3rd Africa Carbon Forum, Marrakesh

Event Date: July 4-6, 2011 Location: Nairobi Framework Partners Organized By: Marrakesh, Morocco

The 3rd Africa Carbon Forum is taking place in Marrakesh as a commemoration of the 10th Anniversary of Marrakesh Accords. The event is a trade fair and knowledge sharing platform for carbon investments in Africa – a place to discuss latest development on the carbon market and how the Clean Development Mechanism (CDM) can be successful in Africa. The Africa Carbon Forum includes match-making and deal facilitation sessions where carbon project developers can showcase their projects to investors and carbon buyers.

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European Commission Bans Use of Industrial Gas Credits in the ETS

The ban will apply to credits from projects which destroy two industrial gases: trifluoromethane (HFC-23), produced as a by-product of chlorodifluoromethane (HCFC-22) principally in air conditioners and refrigerators, and nitrous oxide (N2O) from adipic acid used in the manufacture of nylon. HFC-23 and N2O are both powerful greenhouse gases which contribute to climate change.

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Growth in Global Carbon Market Pauses amid Uncertainty

Barcelona – The World Bank’s annual review of the global carbon market shows that 2010 was a watershed year as the market ended five years of robust growth with a slight decline compared to 2009. The “State and Trends of the Carbon Market 2011”, released June 1 at CARBON EXPO 2011 in Barcelona, shows that the total value of the global carbon market was estimated to be US $ 142 billion last year.

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Financial Leaders Call for Investor-Friendly Forest-Carbon Market

London – Leading financial institutions upped the ante on their future role in mitigating climate change as they called for more effective forest-carbon regulations during a United Nations report launch in London Friday, May 6, just months ahead of an international climate change meeting to be held in South Africa.

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SBI Becomes Signatory to Carbon Disclosure Project

Mumbai – State Bank of India (SBI) has been undertaking several environmentally and socially sustainable initiatives through its 14000 plus branches spread across the length and breadth of the country, and was one of the few banks in the country to have enunciated a ‘Green Banking Policy’, as early as in 2007.

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