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Hong Kong (HKSAR) – The Environmental Protection Department (EPD) today (December 1) announced the Supplementary Notes on the Implementation of Projects under the Clean Development Mechanism (CDM) by Hong Kong enterprises on the Mainland. The Supplementary Notes aim to facilitate Hong Kong enterprises to participate in CDM projects on the Mainland. The Supplementary Notes have been drawn up in accordance with the principles of “One Country, Two Systems” and the specific situation of the Hong Kong SAR following deliberations between the National Development and Reform Commission (NDRC) and EPD.

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Tags: CDM Projects, china carbon, ghg

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Africa has so far failed to harness the opportunities for sustainable development offered by the Kyoto Protocol’s Clean Development Mechanism, but First Climate’s Durando Ndongsok says it doesn’t have to be that way. He offers a recipe for success post-2012

Tags: africa carbon, CDM, CDM Projects

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Minister of Environment and Spatial Planning Oliver Dulic and representatives of Italian companies yesterday signed agreements on the allocation of a portion of funds, i.e.

Tags: CDM, CDM Projects, emissions reduction

MUMBAI (Reuters) – Indian carbon offset projects seeking initial approval under a U.N.-backed scheme have fallen 30 percent because of the global recession, a top project developer and consultant said on Friday.

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Tags: Carbon Offsets, CDM Projects, Emissions Reductions, India carbon

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Kalinga Times reported that 4 environment oriented projects proposed by National Aluminium Company Limited under Clean Development Mechanism have been cleared by central ministry of Environment and Forests. NALCO will make total investment of INR 11 crore in these projects.

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Tags: Carbon Credit, CDM Projects, GHG Emissions, India Cabon

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WITH the ongoing global efforts to reduce carbon emissions in developing countries, foreign firms seeking certified emission reduction (CER) credits have started turning to Nigeria, as two fresh approvals have been granted by the United Nations Framework Convention on Climate Change (UNFCCC) on Clean Development Mechanism (CDM) projects in the country.

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Tags: CDM Projects, CER, UNFCCC

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LONDON, April 28 (Reuters) – Clean energy project developers Tricorona (TRIC.ST: Quote, Profile, Research) reported pretax profit of SEK 79.6 million ($9.69 million) for the first quarter of 2009 on Tuesday, sending shares of the Swedish company to a five-month high.

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Tags: Carbon Offsets, CDM Projects, Europe carbon

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(Source: Datamonitor)trackingCarbon markets consultancy Endesa Carbono and the Spanish Standardisation and Certification Association or AENOR have signed an agreement whereby the latter will validate and verify Endesa’s clean development projects for the reduction of greenhouse gas emissions, which are currently underway in over 15 countries, including Argentina, Bolivia, Guatemala, the Philippines, China and the United Arab Emirates.

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Tags: Carbon Markets, CDM Projects, reduce greenhouse gas emissions

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Danish energy giant, Dong Energy, and the Danish Embassy in South Africa on Wednesday signed an agreement that would see the embassy assist the company to enter the Clean Development Mechanism (CDM) market in South Africa.

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Tags: CDM Projects, CO2, Europe carbon

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Japanese banks have been cleared to trade carbon credits from 12 December, a move expected by market players to have little short-term

Tags: carbon credits, CDM Projects, ETS

Tags: Carbon Industry Headlines, Carbon Industry News, Carbon Market, Carbon Market Headlines, Carbon Market News, Carbon News, CDM Projects, Environment Headlines, Environment News, mitsubishi, Nebraska

A panel within the United Nations climate agency is working to ensure carbon offsets are not acquired through projects that would give .

Businesses operating in developed countries can offset their emissions by investing in within the developing nations as per the guidelines of the Kyoto Protocol. However, this was designed to initiate additional emissions-reduction projects that would not have been commercially feasible if it hadnt been for the chance to sell offsets.

From now on, developers launching a fresh emissions-reduction project need to notify the ministry of environment in their own countries plus the UNs climate agency .

The panels recommendations can be viewed .

Tags: Carbon, Carbon Offsets, CDM, CDM Projects, Clean Development Mechanism, Developed Countries, Developing Nations, Kyoto, Kyoto Protocol, Ministry of Environment, UN, United Nation

Kunnigar Triyangkulsri, CEO of in Thailand asserted the nation should cover up on CDM projects and the government needs to promote CDM development in the country.

At present, out of 3,000 all over the world. Mrs Triyangkulsri suggested the government should merge these small projects into one big one, which would give them greater access to funding sources. Hashika Patel of Barclays Capital said vocational training and education is one way to promote CDM projects in the country.

Tags: Barclays Capital, Carbon, Carbon Trading, CDM Projects, CER, CERs, Hashika Patel, Kunnigar Triyangkulsri, Management, MFC Asset, Phichit Akrathit, Thailand