This book concentrates on transactions involving forward carbon credits, in other words transactions where the parties to a contract agree to buy or sell carbon credits to be generated and delivered in the future. As a result, it does not deal either with transactions involving carbon credits already issued for immediate delivery on the spot market or with derivatives in the form of option contracts or future contracts through the developing exchange markets.

This report presents the results of a survey on "Reporting the Business Implications of Climate Change in Sustainability Reports". This is a survey to catalogue types of reporting on climate change and was conducted by the Global Reporting Initiative (GRI) and KPMG's Global Sustainability Services. The survey found that while almost all companies reported on climate change in their sustainability reports, on closer examination companies reported far more on potential opportunities rather than financial risks for their companies from climate change.

The 12th Conference of Parties to the UN climate convention saw the setting up of an adaptation fund to help poor countries. Ritu Gupta reports from Nairobi

Climate Change

as the trustee of the Community Development Carbon Fund, the World Bank has agreed to buy carbon credits from two Indian companies ostensibly to promote projects with better technologies in the

new South Wales (nsw) premier Morris Iemma, South Australian premier Mike Rann and Victorian environment minister John Thwaites have recently issued a paper that suggests a possible design for a

The ministry says it received a positive response from prospective investors in India and abroad and states like Tamil Nadu and Maharashtra, had also shown interest. The proposed On June 27, 2006,

www.offsetters.com Naive operators Hadi Dowlatabadi, one of the founders of this site under review calls himself a reformed carbon emitter. The Canada-based scientist used to travel more than

EU s carbon market slumps

UK s flawed carbon pricing

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