Carbon Markets

The global carbon market was born in 2005 with entry into force of the 1997 Kyoto Protocol. This group is dedicated to CDM, JI and AAU mechanisms of the Kyoto Protocol and trading of related instruments like CERs, AAUs and ERUs. Other topics of interest include voluntary and forestry carbon markets.

World Bank issues first green bond for Australian market worth $280 mn

Climate Connect News, 17 April 2014, London: The World Bank issued its first green bond for the Australian market. The A$300 million five-year green bond will support its lending to eligible development programs that are designed to address the challenges of climate change.

Japan reports 2.8% rise in GHG emissions in FY2012, meets Kyoto I targets

Climate Connect News, 16 April 2014, London: Japan managed to fulfill its emission reduction commitments under the first phase of Kyoto Protocol and reported a fall of 8.4% in five-year average emissions from 1990 levels.

IPCC recommends increasing global clean energy investment to almost $500 bn per year

Climate Connect, 14 April 14, 2014, London: In order to limit CO2 levels within 450-530 ppm by 2100, global investments must increase by nearly $500

Japan, Cambodia sign agreement on Joint Crediting Mechanism

Climate Connect News, 14 April 2014, London: Japan and Cambodia have agreed to a Memorandum of Cooperation for establishing a Joint Crediting Mechanism (JCM) which will help both the countries to head towards a low-carbon infrastructure.

New Zealand’s GHG emissions increased 25% in 2012 from 1990 levels; meets Kyoto target

Climate Connect News, 11 April 2014, London: New Zealand’s greenhouse gas (GHG) emissions have risen by 25% in 2012 compared to 1990 levels.

  • 47718 reads
Syndicate content

News From Web