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State and trends of the carbon market 2012 [1]

The annual report on State and Trends of the Carbon Market 2012 presents an optimistic view of the carbon market, which despite adverse conditions, still grew by 11% in 2011, amounting to US$176 billion with US$10.3 billion tons of carbon dioxide equivalent (CO2e) traded during 2011. The report was launched by the World Bank during the Carbon Expo 2012, taking place from 30 May - 1 June 2012, in Cologne, Germany. It shows that despite the financial crisis and the related oversupply of carbon credits within the EU Emissions Trading Scheme (EU ETS) as a result of economic downturn, as well as plummeting carbon prices and uncertainty about the post 2020 framework, financially motivated transactions continued to grow within the carbon market.

Publication Date: 
30/05/2012
The World Bank [2]
Tags:
Carbon Market [3], EU-ETS [4], European Union (EU) [5], India [6], Global [7], Green House Gases [8], Emissions Trading [9], Certified Emission Reduction [10], Climate Change [11], UNFCCC [12], Clean Development Mechanism (CDM) [13], Nationally Appropriate Mitigation Actions (NAMAs) [14], Low Carbon Economy [15]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/state-and-trends-carbon-market-2012

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/state-and-trends-carbon-market-2012
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/world-bank
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-market
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/eu-ets
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/green-house-gases
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/certified-emission-reduction
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/unfccc
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/clean-development-mechanism-cdm
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nationally-appropriate-mitigation-actions-namas
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/low-carbon-economy