News - International policy

Interview: CDM paves way for sectoral approach

Interview: CDM paves way for sectoral approach

Advances made in the UN's clean development mechanism (CDM) will pave the way for an industry-by-industry approach to cutting greenhouse gases post-2012, a UN official said.

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Financial crisis to have huge impact on climate talks: UN climate chief

Financial crisis to have huge impact on climate talks: UN climate chief

The current financial crisis is going to have a huge impact on the global climate change negotiations to cut greenhouse gas emissions, as money is an essential part of the solution, UN climate change chief Yvo de Boer told a conference today in New York.

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Financial crisis will aid emission cuts: German minister

Financial crisis will aid emission cuts: German minister

The current financial crisis will not hinder but instead eventually help countries cut greenhouse gas emissions, as investments in energy efficiency and renewable energy production will grow, Germany's environment minister said in a statement today.

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Changes to ETS proposal harder after committee vote: observers

Changes to ETS proposal harder after committee vote: observers

The EU council will find it harder to make changes to the commission’s proposals on the future of the bloc’s emissions trading scheme (ETS) after parliamentarians endorsed much of its detail, several observers told Point Carbon.

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VCS seeks to capture pre-compliance market

VCS seeks to capture pre-compliance market

The Voluntary Carbon Standard (VCS) said offset credits verified against its standard are attracting positive attention from buyers and policymakers and could be used for compliance in a future US cap-and-trade scheme.

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Largest steel industry group to publish global emissions data

Largest steel industry group to publish global emissions data

The steel industry's largest trade association aims to publish GHG emissions data from three-quarters of its members by year-end, which representatives said Tuesday can be used by steel companies in each country to set sectoral targets.

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UN food agency urges rethink of biofuels

UN food agency urges rethink of biofuels

The UN Food and Agriculture Organization today urged a review of biofuel policies and subsidies in order to “preserve the goal of world food security, protect poor farmers and promote broad-based rural development and ensure environmental sustainability”.

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Nord Pool links to Polish exchange to boost carbon trading

Nord Pool links to Polish exchange to boost carbon trading

Members of a Polish online electricty trading platform, called poee, can now trade carbon on the Nord Pool exchange after the two bourses linked their systems, the Norwegian-based bourse said today.

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Japan calls for joint leadership with US on climate change

Japan calls for joint leadership with US on climate change

Japanese Foreign Minister Hirofumi Nakasone on Monday stressed the need for his country and the United States to exercise leadership in tackling climate change, which he described as “one of the most significant issues of the 21st century.”

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MEPs get ready for crucial climate votes

MEPs get ready for crucial climate votes

The global spotlight will be firmly focused on a debating hall deep inside the EU parliament in Brussels on Tuesday, as a group of lawmakers attempt to hold together key proposals on how the 27-nation bloc will meet its commitments to cut greenhouse gas emissions.

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VCS registry launch delayed

VCS registry launch delayed

The launch of registries for credits from Voluntary Carbon Standard (VCS) offset projects has been delayed, but organisers still expect to issue up to 10-20 million credits by year’s end, the VCS Association director said.

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World needs GHG standards for ships: report

World needs GHG standards for ships: report

Policymakers and legislators must establish greenhouse gas emissions standards for the global shipping industry to help combat climate change, the Environmental Defense Fund (EDF) urged in a report published today.

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UN targets are not enough: scientists

UN targets are not enough: scientists

Slashing global emissions by more than 50 per cent by 2050 will not be enough to keep the level of greenhouse gases (GHGs) in the air below safe limits as emissions have increased far more than expected, according to a report by the Tyndall Centre for Climate Change Research.

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Japan, Poland agree on post-Kyoto ‘differentiation’ of developing nations

Japan and Poland have agreed on the need to differentiate between small developing countries and large emerging economies, such as China and India, when discussing different countries' commitments to cut emissions in a new global climate framework to take effect from 2013.

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Japan, Poland agree on post-Kyoto ‘differentiation’ of developing nations

Japan and Poland have agreed on the need to differentiate between small developing countries and large emerging economies, such as China and India, when discussing different countries' commitments to cut emissions in a new global climate framework to take effect from 2013.

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