clean development mechanism News

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H.E. President Kenyatta of Kenya and UN Secretary-General Ban Ki-moon Witness Adoption of New Plan to Set in Motion Africas Sustainable Transport Transition

by United Nations Environment Programme (UNEP)  (Oct. 30, 2014)

President of the Republic of Kenya, H.E Uhuru Kenyatta and UN Secretary-General Ban Ki-moon witnessed Thursday the adoption of a new historic framework that will set in motion Africa's sustainable transport transition, benefiting health, the environment and overall sustainable development across the continent. Over 42 African countries, ...

`Urgent action` needed on Clean Development Mechanism

by SciDev.Net  (Sep. 14, 2012)

A high-level panel has called for "urgent action" to safeguard the UN's Clean Development Mechanism (CDM) by providing extra support to under-represented developing countries and focusing on sustainable development priorities. CDM allows developing economies to earn credits for projects that reduce greenhouse ...

Uganda to become Clean Development Mechanism Hub

by SciDev.Net  (Mar. 2, 2012)

Uganda is set to become a Clean Development Mechanism (CDM) Hub over the next three years, with financial assistance from Belgium. The Belgian Development Agency is investing US$2.6 million in the scheme, which will be overseen by the designated national authority — the Climate Change Unit (CCU) at the Ugandan Ministry of Water and ...

New Field Laboratories and Related Research To Help Promote Environmentally Prudent Development of Unconventional Resources

by US Department of Energy  (Nov. 6, 2014)

Today (Nov 6, 2014), the Department of Energy announced the selection of three multiyear, field laboratories and six other multiyear research projects for continued research to promote environmentally prudent development of unconventional oil and natural gas (UOG) resources. As part of a July, 2014 Executive Order and a multiagency effort ...

UNEP Joins UN Carbon-Offsetting Programme for Second Year Running

by US Department of Energy  (Jun. 5, 2014)

For the second year in a row, the United Nations Environment Programme (UNEP) - which has been climate neutral since 2008 - has purchased certified emission reduction (CER) units through a joint procurement initiative with the United Nations Office for Project Services (UNOPS) and several other UN Common System agencies. These units will offset ...

Clean Development Mechanism (CDM) carbon offsets top 500 million mark

by BusinessGreen  (Jan. 11, 2011)

The new year passed its first carbon market milestone this week, as the UN announced it has issued 500 million offset credits under its Clean Development Mechanism (CDM). Under the CDM, emission reduction projects earn an offset credit, termed certified emission reduction (CER) credits, for each tonne of CO2 saved. CERs are sold to companies or ...

More fraud within the clean development mechanism

by GLOBE Foundation  (Jun. 29, 2010)

A consortium of North American and European activists have demanded sweeping changes to the Clean Development Mechanism (CDM) after charging that up to one-third of all CERs ever sold may have been illegitimate. The groups are demanding an investigation to determine whether a number of coolant firms have manipulated the marketplace since ...

LatAm investors, advisors seek climate finance options post-CDM

by Advanced Global Trading | AGT Alternative Investments  (Sep. 12, 2013)

Government-backed sector-wide emission reduction projects, as well as corporate-funded initiatives that slow deforestation, are replacing the U.N. Clean Development Mechanism (CDM) as the main vehicles to cut emissions in Latin America. Delegates speaking at a 3-day industry meeting in Brazil this week said a collapse in the price of carbon ...

Quick start and challenges for UN’s tech transfer body

by SciDev.Net  (Apr. 10, 2014)

The “lightning speed” with which a UN-led initiative to transfer technologies for tackling climate change to developing nations has been set up is impressive, but remaining challenges could prevent its success, a member of its advisory board says. ...

New rules to open up Clean Development Mechanism to poorer nations

by BusinessGreen  (Jul. 18, 2011)

Efforts to open the UN-backed Clean Development Mechanism (CDM) offsetting scheme up to poorer nations took a major step forward last week as the board tasked with managing the scheme agreed new guidelines designed to make it easier for some of the world's least  developed countries to deploy emission reduction projects. To date over 3,200 ...

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