EU Trying to Link Up With Federal Rather Than Local U.S. Emissions Trading
The European Union will keep trying to link its carbon market, the world’s biggest, with any U.S. program at the federal level rather than regional systems.
Climate change mitigation support to emerging or developing countries should be given by western industrialized (so called ANNEX I) countries. In Copenhagen leaders of the world have agreed to start some financing activities in the fields of climate change aid. Our bosses had been in the opinion that it would make sense to immediately start these financing activities and therefore called it “fast start funding” or “fast start financing of climate change mitigation”.
Orkla's sale of Borregaard is called the forestry deal of the century in the Nordic countries.Norwegian group Orkla's sale of forest company Borregaard, where Swedish company Bergvik Skog has been mentioned as prospective buyer, has become business for the Norwegian Governme
Press Converence with Todd Stern: The Kyoto Protocol Question is a Very Difficult One
MR. STERN: Hi everybody. Thanks for coming. We've just completed the ninth meeting of the Major Economies Forum here in New York. It was attended by officials from 17 major economies, both developed and developing.
BNP Paribas and Wildlife Works Ink $50 million REDD Deal
LONDON | BNP Paribas Corporate & Investment Banking (BNP Paribas) has announced an agreement between its Commodity Derivatives business and Wildlife Works Carbon LLC, in which BNP Paribas will provide up to US$50 million in finance to combat tropical deforestation and climate change.
A broad proposal for how forest carbon projects could be allowed to operate within a future international REDD+ framework has been outlined in a new industry paper. In the paper, forest carbon project consultants Terra Global Capital attempts to show how individual REDD projects might able to generate tradable offsets compliant with emerging national and international mechanisms.
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