The government will receive more then $9 million from the World Bank through carbon trading under the efficient lighting initiative for distributing free compact fluorescent lamps across the country.

Infrastructure Development Company Ltd (IDCOL) has recently signed a deal with the World Bank and will monitor the fund as a representative of the Bangladesh government.

Earlier, the government

Last year tied for the hottest year on record, confirming a long-term warming trend which will continue unless greenhouse gas emissions are cut, the World Meteorological Organization (WMO) said on Thursday.

The first 10 years of the millennium proved to be the hottest decade since records began in the 19th century, it said.

"The main signal is that the warming trend continues and is being st

Japan has no objection to buying more carbon emissions rights from Ukraine as its checks have shown that money Tokyo previously paid for permits has been properly accounted for, a government official said Thursday.

Ukraine's current government has accused the former prime minister of misusing the funds.

"We sent people to Ukraine twice last year and in November confirmed the full amount of m

The climate conference failed to deliver an effective and equitable agreement on reducing emissions and will aggravate global warming.
SO low were the expectations from the global climate negotiations after last year's disastrous Copenhagen summit that nobody thought its successor conference would be a thundering game-changing success.

India