April has been a great month for climate change awareness in India. On 21 April, HSBC and the Indian government

National Commodity and Derivatives Exchange (NCDEX) has recorded total volumes of Rs 174.66 crore in the first fortnight of trading in certified emission reduction (CER). The total number of CERs traded contracts was 3,396 during this period, making the exchange one of the largest in the world in CERs . The CERs contracts launched on April 10 has witnessed significant trading interest since then, exchange release said.

In four sessions, CER volumes touch 6.2 lakh, three times more than expected. Trade mechanism does not allow global firms to buy CERs directly from domestic cos. Priyanka Vyas

Like any fledgling business, the carbon credit market too has teething troubles. But that should not stop it from growing

Trade clean air for green-house gases. What do you get? Pollution? Not necessarily. Money?

09 Oct 2012

Extreme caution needs to be taken while mulling of linking different carbon markets

27 Aug 2012

The new climate regime will lead to commitments only for developing countries, because the United States, which did not ratify the legally binding commitments under the Kyoto Protocol, continues to insist on a framework with nationally determined emissions reductions monitored at the global level. The unresolved issue is multilateral agreement, on the basis of a political decision, when one criterion does not suit all countries.

A bigger role must be found for improving energy efficiency in any new U.N. deal aimed at reducing greenhouse gas emissions, a leading China-based project developer said on Thursday.