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	Environment Management Newsletter December 11, 2008

This Week´s Featured News Stories

Carbon price to plummet, warns Carbon Trust
The high uptake in developing countries of projects which gain funding through carbon trading schemes will flood the market with credits in 2009 leading to a collapse in the price of carbon credits, according to a report out this week by the Carbon Trust. Initiatives such as the Clean Development Mechanism (CDM) and Joint Implementation (JI) were set up by the Kyoto protocol to allow developed countries to buy in carbon credits to meet emissions targets from emission reduction projects in developing countries. But according to the Carbon Trust high uptake of the system means the supply ...

Green high-tech champions slow to take up China opportunities
Developed world countries with the reputation of being green technology leaders are falling behind in the huge new market for green goods and services opening up in China. Prepared to ride the Green Dragon?, a new report from WWF, estimates that companies with environment friendly solutions are looking at market possibilities ranging from between US$1.5 (EUR 1.1) and US$1.9 (EUR 1.4) trillion to be invested in China in the period up to 2020. The massive investments planned in environmental technology will make China a hub for development of the low cost environmental solutions necessary in a 21st ...

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Banks go cold on most polluting firms
It is not just small businesses and cash-strapped first-time buyers who are struggling to get bank loans at the moment. Some of the world`s most polluting ...
NRDC exposes health and environmental programs slashed under Bush Administration
Millions of Americans have been left in the dark about hazardous pollutants being released into their communities, according to a new report by the Natural ...
New beginnings for a sustainable future in Canada
Encouraging signals came from Canadian Environment Minister Jim Prentice last week when he outlined his government’s strategy for energy, the environment ...
Business pushes for global climate deal
Close to 200 senior leaders from business, government, civil society and policy-making met in Poznan this week at a day-long event to discuss how to formulate ...
The environment in your pocket 2008
The twelfth edition of `The environment in your pocket` has been published this week by Defra. This is an annual publication containing material on various ...
Public participation in the GM debate: the case for sustainability reporting
Use of genetically modified organisms (GMOs) in agriculture remains controversial, particularly in the European Union. Researchers suggest that all members ...
ADB granted US$100m to commence future carbon fund
The Asian Development Bank (ADB) has received financing commitments of over US$100 million for a new post-2012 carbon fund and will commence its operations ...
Number of hungry people rises to 963 million - FAO
Another 40 million people have been pushed into hunger this year primarily due to higher food prices, according to preliminary estimates published by ...

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