china is set to establish the developing world's first carbon-credit exchange in Beijing later this year. The move is part of the Chinese government's new programme,

At the Oscars, apart from Martin Scorsese, among those most feted was Al Gore for his documentary feature titled An Inconvenient Truth that focussed on the dangers of global warming. Deservedly so and no one would grudge Gore if he uses the adulation to take another shot at the US Presidency.

Now that the jury is out on the very real threat of climate change, we must focus on what needs to be done. The recent report of the Intergovernmental Panel on Climate Change ipcc should make

on february 2, the Intergovernmental Panel on Climate Change (ipcc) released its much awaited Fourth Assessment Report. With an unprecedented confidence of 90 per cent, it asserted that climate

A us official denied a British newspaper report that President George W Bush was preparing to announce a dramatic policy shift on global warming in his State of the Union speech. The Observer

On December 12, 2006, the Brazilian ministry of science and technology unveiled a us $37-million scheme to fund initiatives aimed at reducing carbon emissions. The scheme would help Brazil benefit

in what can be called a positive step towards fighting climate change, the European Commission has demanded sweeping cuts in emission rights from its member states. The commission announced an

Irrespective of the necessity to show in this article, the enormous shortcomings of the Kyoto Protocol and of the proposals of its

The objective of this article is to review how this remarkable turn of events unfolded, to examine whether and to what extent the CDM has overcome the structural difficulties highlighted above, and to discuss the future of the CDM in the context of global climate mitigation in the medium and long run. The article is structured as follows. It first reviews the history of the CDMfrom Kyoto to the present day. Then it describes the current status of the CDM. Next it assesses the relationship between the CDM and sustainable development.

This report represents an important contribution to the overall discussion on climate change and a post-2012 climate regime. It provides important insights regarding the history of the climate convention and various negotiating positions. It defines the major barriers for an effective post-2012 agreement and suggests possible action to overcome those barriers.

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