| |
Welcome to the April edition of the Climate Action newsletter.
In this edition, we shall focus on the issues and events surrounding carbon markets worldwide due to the global recession.
Carbon markets are a result of the buying and selling of emissions allowances and reduction credits in order to enable countries under the Kyoto Protocol and companies under CCX to meet their GHG emission targets. In early 2008, this type of commodities trading resulted in a boom from larger nations purchasing offsets to counterbalance the rise in national carbon dioxide pollution above set targets. However with many nations creating their own markets and the impact of the global recession stemming from the near-collapse of the banking industry, investors and purchasers are seeking more cost-effective and competitive methods of achieving emissions targets resulting in value fluctuations and calls for a global agreement on trading. |
|
| In this bulletin |
| |
| Spotlight: Carbon Markets |
| Announcements |
| CN Net News |
| News Round-Up |
| Highlighted Upcoming Events |
| About Climate Action |
| |
| Spotlight: Carbon Markets |
| |
 All eyes on U.S. carbon market in hopes of foretelling good fortune of carbon markets worldwide
As the United States continues to develop and implement carbon regulation policies in time for the United Nations climate change conference in Copenhagen in December, all eyes are intently watching how the ever-growing U.S. carbon market will widen as a precursor to markets worldwide, claim experts within the carbon finance and climate legislation camp.
Read more >> |
| |
 Green spending may shrink as government C02 market grows
Increased visibility in a government-level emissions trading scheme under Kyoto Protocol coupled with the recent downturn in global economics may result in a loss of carbon offset buyers of clean energy projects, according to Societe Generale.Certified Emissions Reductions (CERs) - purchasable offsets for nations with greenhouse gas emissions that have risen above target levels – can be acquired as a result of clean energy projects in developing countries under the Kyoto climate change pact.
Read more >> |
| |
 Carbon markets could rupture from forest credits, claims Greenpeace
At the premier meeting of UN climate talks in Bonn on Monday, Greenpeace advisors warned world leaders of a potential collapse in the world's carbon markets if an inclusion of forest protection credits amongst international emissions trading occurred.The inclusion of forest offset credits would diminish the cost of carbon units by up to 75% by 2020 from €16.05 per tonne of carbon to €3.9 if current reduction targets are adhered to, with devaluation by 60% a possibility even with the number of credits limited, according to a new report launched by the concerned NGO.
Read more >> |
| |
| Announcements |
| |
 2Future raises the bar in quality sustainability software
Sustainability software has been on the market for 10 years, developed closely with leading European multinational companies and in line with the GRI process as it has evolved since the late1990's.Sustainability software has been thoroughly road-tested, and successfully implemented by many clients in different industries such as energy, retail, forestry and manufacturing.
Read more >>
|
| |
Planet Positive and Climate Action: Helping to reduce carbon emissions one step at a time
 Climate Action is currently working towards Planet Positive accreditation. This means that we are calculating, reducing where feasible and offsetting the unavoidable related emissions by 110 per cent.Our expert partner on climate solutions is Planet Positive, a global environmental mark that presents a new way of thinking about how we conduct business and consume.
Read more >> |
|
|
| CN Net News |
| |
 DHL Express Demonstrates Green Commitment with Special Shipment for UNEP
In an effort to support global initiatives that seek to reduce the impact of business on the environment, DHL Express, the world's leading express delivery company, sent its first carbon neutral express shipments from Africa on the occasion of the first anniversary of the Climate Neutral Network (CN Net) of the United Nations Environment Program (UNEP).
The trophies, which are made of recycled glass, with recycled metal stands, were shipped from Nairobi, Kenya, to the 86 cities, associations and companies around the world that currently form UNEP's CN NET - www.unep.org/climateneutral. Read more >>
|
| |
Copenhagen aims for a zero
The host city of the UN climate conference in December and 100th participant of UNEP's Climate Neutral Network (CN Net) has launched a plan to become the first carbon neutral capital in the world by 2025. By 2015 the CO2 emissions from the capital of Denmark will according to the plan be reduced by 20 percent, leading to a carbon neutral capital ten years later.
The city suggests several ways to reach its goal: Streets are to be humming with electric and hydrogen-powered cars which park for free and recharge on street corners, roofs are to be covered by plants, wind power capacity will grow, schools will teach climate end private enterprises will be offered counselling on CO2 reductions.
Read more >> |
| |
| News Round-up |
| |
| Obama climate plans face long route for passage |
| Business ready to work on building the low-carbon economy |
| First in series of major UN climate change negotiating sessions in 2009 kicks off in Germany |
| New global coalition call G20 to rescue in green |
| Development marketplace grant competition launched for innovative climate adaptation solutions |
| 5th World Water Forum in Istanbul: Summary |
| US rolls out first clean energy loan guarantee |
| India joins international renewable energy agency |
| Businesses highlight link between climate, energy and water pressures |
| Insurers Must Reveal Climate Change Risks |
| |
| Highlighted Upcoming Events |
| |
Carbon Footprint Sustainable Supply Chain Summit
This year's carbon footprint summit has an explicit focus. It aims to demonstrate how carbon management and sustainable development creates competitive advantage across every part of the FMCG and retail supply chain. Read more >> |
| |
Carbon Reduction Commitment conference
Held in London, UK from 30 April 2009, The Carbon Reduction Commitment Summit will help prepare organisations for CRC compliance in a timely and cost-efficient manner.
Read more >> |
| |
Sustainable Supply Chain Construction Summit 2009
This key 2-day global summit at the Business Design Centre, London, UK aims to develop win-win strategies throughout the construction industry, to improve profit, enhance competitiveness and manage environmental risk.Read more >> |
| |
Largest energy debate in Europe to be held in Spain
Held in association with Masdar, the Abu Dhabi Future Energy Company, the European Future Energy Forum is being staged in Bilbao, Spain between 9-11 June 2009.
Read more >> |
| |
Guardian Climate Change Summit 15 June 2009 : Moving from awareness to action in tough economic times
In today's economic crisis businesses' commitment to climate change is under threat, as corporations struggle to be both cost and carbon efficient. Join leading thinkers at the Guardian 2009 Climate Change Summit to explore solutions and review practical strategies which will ensure your business keeps climate change on the current agenda, whilst also delivering on a bottom line that is under severe pressure. Read more >> |
| |
| About Climate Action |
 Climate Action is an international communications platform, produced by Sustainable Development International in partnership with the United Nations Environment Programme (UNEP) it is specifically designed to assist the private and public sectors towards carbon neutrality, as well as providing practical actions to reduce our global carbon footprint. Climate Action was launched in December 2007 at the UN climate change conference in Bali and the next publication will be published for the Climate Change Conference in Copenhagen in December 2009. |
| |
No comments:
Post a Comment