Global concern about climate change has risen only very slightly over the past two years, as consumers have focused on more immediate economic worries, according to an opinion poll published on Sun
The increasing importance of climate spending in European Union budget proposals could give the EU Commission more influence over talks for a deeper emissions cut target, which could help lift EU carbon permit prices, Barclays Capital analysts said in a research note on Monday.
"If, when and how this will happen is all unclear..., (but it) does at least provide some upside risk to prices - some
European Union countries have backed planned changes to emissions registry rules, aimed at increasing security after the theft of over 3 million carbon permits earlier this year, the EU Commission said on Friday.
"If the European Parliament and the Council do not raise objections, the Commission will adopt the proposed regulation after a three-month scrutiny period," the Commission said in a st
The United Nations said its Clean Development Mechanism (CDM) is growing steadily, having registered 3,000 carbon cutting energy projects to date.
Under the CDM, firms invest in projects that reduce climate-warming emissions in developing nations and receive credits called certified emissions reductions (CERs) in return.
The scheme began in 2005 and has clean energy projects in 71 countries.
Mechanisms to fight climate change need to be strengthened and made more transparent to reduce increasing risks of corruption, Transparency International (TI) said.
The watchdog group released a report on Saturday, entitled "Global Corruption: Climate Change," and based on contributions from more than 50 experts.
It found that stronger oversight is needed in the countries most affected by cl
A United Nations panel will give clean energy project auditors three weeks to study a proposal to make them liable for over-issuing Kyoto carbon offsets, according to a webcast of a panel meeting on Thursday.
An executive board meeting of the U.N.'s Clean Development Mechanism (CDM) draws to a close this Friday in Brazil, after which auditors have three weeks to consult on a proposal to force t
Britain must cut greenhouse gas emissions six times faster than at present and consider more aggressive intervention in energy markets if it is to meet its low carbon targets, the government's chief climate change adviser said on Monday.
Carbon fund assets have grown by a quarter to $16.1 billion since last year, despite several funds having failed due to the economic downturn, research by Environmental Finance Publications showed on Thursday.
The growth of carbon fund assets has slowed compared to the previous year, when they swelled by 65 percent to $13 billion.
The European Union's flagship emissions trading scheme has had no negative impact so far on business costs or competitiveness, a survey by non-governmental organization The Climate Group said on Thursday.
But costs could rise as the EU's ETS develops and free emissions permits are phased out for some emitters, the survey found.
People want to save the planet but are unwilling to make radical lifestyle changes like giving up air travel or red meat to reduce the effects of climate change, a straw poll by Reuters showed.
