There has been a spurt in Indian companies rushing to get clean development mechanism (CDM) projects registered with the United Nations Framework Convention on Climate Change ahead of December 2012
This report aims to propose ideas for CDM reform, targeting international negotiators of the CDM. The Market Mechanism Group of IGES has been implementing IGES CDM capacity building activities in Asia as well as developing IGES CDM databases for quantitative analysis.
Reliance Power aims to earn . 5,000 crore from carbon credit from the three ultra mega power projects of 4,000 MW that it is developing.
The company seeks to earn almost .
International carbon offsets fell below 10 euros per metric ton for the first time since March 2009 early on Monday morning, but traders were unsure whether carbon prices were poised to drift lower or stage a rally.
A combination of slim buying and continued jitters over the economic outlook have seen carbon prices lose a third of their value in the past four weeks.
This technical paper presents an overview of the quantified economy-wide emission reduction targets to be implemented by developed country Parties, as well as assumptions and conditions related to the attainment of these targets, and discusses comparison of the emission reduction efforts. This paper is intended to facilitate understanding of these assumptions and conditions.
During the Carbon Expo taking place in Barcelona, Spain, the World Bank released the 2011 edition of its State and Trends of the Carbon Market Report, which indicates a slight decline in carbon markets compared to 2009.
A 310 megawatt (MW) Kenyan wind power project has received approval to earn carbon emissions credits under the United Nations' Clean Development Mechanism, a senior company executive said on Tuesday.
Construction on the 617 million euro ($873.7 million) Lake Turkana Wind Power (LTWP) project is expected to start by December and will be the fourth project in Kenya to get approval under the CDM.
