China’s introduction of a national ETS, scheduled for 2017, is an important development in the expanding carbon market landscape. As countries move towards implementation of the recently-adopted Paris Agreement, this sends a powerful signal about China’s mitigation commitment and support for carbon markets.
Carbon offsets are increasingly seen as a tool to support Sustainable Development Goals (SDGs), as well as mitigate climate change, according to a new report from Forest Trends’ Ecosystem Marketplace (EM), Not So Niche: Co-benefits at the Intersection of Forest Carbon and Sustainable Development.
As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions (NDCs)—to crucial questions about how these emissions reductions are to be delivered and reported within the future international accounting fram
China plans to set up a market for renewable energy certificates to try to increase the use of cleaner energy as the world's largest greenhouse gas producer tries to reduce its reliance on coal.
This study has calculated the additional profits that sectors and companies have made from the EU ETS from 2008 to 2014, distinguishing between three types of profits: Profits from over allocation of free emission allowances.
The Clean Development Mechanism (CDM) has helped finance more than 2000 hydropower projects, representing the largest source of OECD bilateral funding for hydropower. Europe, through its European Union Emissions Trading Scheme, has been the major supporter.
The International Carbon Action Partnership’s Status Report 2016 shows emissions trading is gaining ever more importance in the fight against climate change.
Trading volumes on China’s seven emissions exchanges increased by 86.5% last year, but the financial value of the transactions rose by just 50% due to falling prices, an annual report on China’s carbon markets said.
The report Analysing the status quo of CDM projects concludes that under current market conditions, the Clean Development Mechanism (CDM) is currently not able to provide sufficient incentive for the continuation of mitigation activities and identifies a general risk of mitigation activities to discontinue.
After over 20 years of international climate change negotiations, talks continue to move further away from identifying the root causes of the climate crisis. These short, sharp articles highlight years of struggle, passion and commitment towards environmental, social and climate justice.
