renewable energy project News
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Carbon Credit Market: Driving Sustainable Change through Market Mechanisms
Welcome, esteemed readers, to the captivating realm of the carbon credit market. Prepare to delve into the intricacies of this transformative market mechanism that offers both environmental benefits and economic opportunities. Join us as we explore the foundations, mechanisms, and success stories of the carbon credit market, presenting a compelling case for its pivotal role in driving sustainable ...
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`Urgent action` needed on Clean Development Mechanism
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 gas emissions, such as renewable energy production. These credits, known as Certified ...
By SciDev.Net
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The CarbonNeutral Company Delivers Carbon Neutral Programmes for M&S and Bain & Company
Major retailer M&S and global strategic consultant Bain & Company have both announced the achievement of carbon neutrality this week, after reducing their footprints to net zero through a combination of internal reductions and the contribution of carbon finance to enable renewable energy and resource conservation projects. Having reduced its footprint by 22%, M&S appointed The Carbon ...
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Companies Missing Opportunities to See Green With Sustainability Efforts
NEW YORK, March 19, 2012 /PRNewswire/ -- There's a lot of talk about the other green of sustainability – financial savings. However, a recent survey from Ernst & Young LLP found that many companies might be missing opportunities, as tax departments and sustainability programs lack integration. Only 16% of companies that either have or are developing an environmental ...
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National and Regional Commitments Drive Carbon Trading in Gap Left by Kyoto
In its annual review, CCBJ brings readers up to date on the global carbon trading market and talks to U.S. companies positioning to deliver the carbon-related products and services that will be demanded in ever greater quantities in the United States over the next decade. After five consecutive years of robust growth, the total value of the global carbon market has stalled at around $142 billion ...
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Largest ever investor group representing over $15 trillion calls for determined policy action on climate change
The world's largest global investors have a powerful message for governments and policy-makers around the world as well as climate negotiators in Cancún: take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis. Citing potential climate-related GDP losses of up to 20 percent by 2050 and the economic benefits of ...
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Investors representing over $15 trillion call for U.S., international action on climate change
The world's largest global investors have a powerful message for climate negotiators in Cancun and the new U.S. Congress: take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis. Citing potential climate-related GDP losses of up to 20 percent by 2050 and the economic benefits of shifting to low-carbon and ...
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10-year global summit aims to Accelerate Business & Finance Solutions to climate change
The most important and influential global industry, finance and government associations in the climate change sector, The UNEP Finance Initiative, The UN Global Compact, The Prince of Wales's Corporate Leaders Group, The Climate Group, The World Bank, Sir Richard Branson's Carbon War Room, ICLEI - Local Governments for Sustainability, Carbon Disclosure Project, Bright Green, Club of Beijing, ...
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NativeEnergy celebrates 10 years of innovation
NativeEnergy, an innovator in the United States carbon market, today launched its year-long 10-Year Anniversary program. The company was formed in August 2000 and soon began working with the Rosebud Sioux Tribe to develop and help finance the first tribally owned large scale wind turbine in the country. NativeEnergy's newest project, posted on the company's website today, is the Laurelbrook (CT) ...
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Jeff Bernicke named president of NativeEnergy
Jeff Bernicke has been promoted to President and Chief Operating Officer of NativeEnergy. In his new position, Mr. Bernicke will oversee all operating and administrative areas of the Company. In announcing the appointment, Tom Boucher, NativeEnergy"s Founder and CEO, said, "Jeff is an uncommon talent, bright, energetic, and charismatic. It became obvious to me and others at the Company that Jeff ...
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Deloitte publishes carbon accounting report
The accountancy firm Deloitte has issued a report on the challenges of carbon accounting, reports Envido. The development of carbon markets worldwide has created a host of challenges for companies. Of all these challenges, carbon accounting is among the least understood.What is carbon accounting?Carbon accounting is the accounting undertaken to measure the amount of carbon dioxide equivalents ...
By Vital Energi
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First-ever survey shows emerging market banks growing interest in climate change
Amid growing pressure on developing countries to join an international climate treaty later this year, a new Ceres report released shows that emerging market banks are beginning to integrate climate change considerations into lending and other business decision-making, but that significantly more attention is needed. The report, commissioned by the German development finance institution DEG — ...
By Ceres
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Geomembrane Technologies Inc. participates in UNFCCC CDM project
Geomembrane Technologies Inc. Participates in United Nations Climate Change Project (Fredericton, NB, August 28, 2009) Geomembrane Technologies Inc. (GTI) has participated in a project that qualified for the carbon credit market under the United Nations Framework Convention on Climate Change (UNFCCC). Environmental benefits of the project include: • Reduction in Green House Gas (GHG) emissions,• ...
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Challenges & opportunities in GCC`s carbon reduction initiatives shared by top EcoSecurities executives
To make sense of trends in the region's emerging market, and pinpoint opportunities that can't be missed, the CarbonWorld Doha 2009 team interviewed Mr. Souheil H. Abboud and Dr. Charbel Moussa, two top executives at Ecosecurities Middle East for the inaugural episode of the CarbonWorld Interview series. An interactive discussion on the Middle East's vast potential for participation in the global ...
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The Gold Standard introduces new rules for increased rigor and clarity in carbon market
The Gold Standard launched an upgraded version of its certification scheme this week, which better enforces the principles of additionality and sustainable development in the carbon market. The upgrade responds to increasing market demand for a faster pipeline for premium carbon offset projects. The Gold Standard is the world's most rigorous certification scheme for voluntary and compliance ...
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Developing world greenhouse gas projects face carbon market bottlenecks
As climate change concerns rose globally in 2007, a pioneering market-based effort to regulate and reduce greenhouse gases had its best year ever – some US$64 billion in trades. But this success masked a looming challenge: how to ensure developing countries as well as wealthy ones benefit from the carbon market? “At a time that global cooperation to reduce the risk of climate change is more ...
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State and trends of the carbon market 2008
The global carbon market grew to a whopping US$64 billion (EUR 47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank highlighting the state and trends of the global carbon market. The European Union Emission Trading Scheme (EU ETS) also saw a doubling of both value and number of allowances transacted to the tune of US$50 billion (EUR 37 billion). The ...
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European banks establish EUR 125m carbon credit fund
The EUR 125 million Post 2012 Carbon Credit Fund established by five leading European public financing institutions; the European Investment Bank-EIB (initiator and principal investor with EUR 50 million), Caisse des Dépôts (EUR 25 million), Instituto de Crédito Oficial-ICO (EUR 10 million), KfW Bankengruppe (EUR 25 million) and the Nordic Investment Bank-NIB (EUR 15 million), is beginning its ...
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UNDP and Fortis announce greenhouse-gas reduction projects
The United Nations Development Programme (UNDP) and Dutch-Belgian finance group Fortis have announced the first project agreements of the new MDG Carbon Facility, a joint effort to support greenhouse-gas-reducing development projects through the carbon-trading mechanisms of the Kyoto Protocol. The projects, located in Uzbekistan, Macedonia, Yemen and Rwanda, aspire to use financing from carbon ...
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REEEP Introduces Quality Benchmark for Carbon Offset Markets
Vienna - Protecting the climate has become more sophisticated in recent years, with a plethora of options available to make a company, airline ticket or conference ‘carbon neutral.’ Governments, companies and individuals all have the opportunity to calculate the carbon emissions generated by their activities and then to purchase “offsets” from an emissions reduction project in the developing ...
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