Companies and governments around the world committed US$705 million in new finance in 2014 to enhance the role of forests in combating climate change, according to a report released by Forest Trends’ Ecosystem Marketplace, Converging at the Crossroads: State of Forest Carbon Finance in 2015.
The National Treasury publishes the Draft Carbon Tax Bill for public comment, following on the announcement made by the Minister of Finance in the 2015 Budget.
China, the world's biggest source of heat-trapping greenhouse gases, will impose tougher penalties on firms that fail to comply with emission targets, according to draft market regulations seen by
Support for carbon pricing is growing around the world. Governments, businesses and investors are recognising that nationally-appropriate taxes and trading schemes, as part of
The United Nations is making it easier for companies and people to "offset" their carbon dioxide emissions by investing in clean energy projects in developing countries.
The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities.
Existing carbon offset protocols for improved cookstoves do not require emissions testing. They are based only on estimated reductions in the use of non-renewable biomass generated by a given stove, and use simplistic calculations to convert those fuel savings to imputed emissions of carbon dioxide (CO2). Yet recent research has shown that different cookstoves vary tremendously in their combustion quality, and thus in their emissions profiles of both CO2 and other products of incomplete combustion.
