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While the global recession has brought down the prices of carbon credits, the United Nations climate change summit in Poznan (Poland) recently discussed the future of the Kyoto Protocol.

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Tags: carbon credits, India, Kyoto

NEW DELHI: With developed economies staring at a recession, talks of the global financial meltdown forcing climate change negotiations into a freeze have gained ground.
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Tags: Carbon Credit, Carbon Finance, EU, India

Reuters today revealed through an undisclosed source that the British firm has been successful in raising $280 million to support carbon offset projects on a global scale. Dubai-based contributed around 25% of the fund whereas most of the remaining came from US endowment funds and pension funds.

SCC previously tried to raise around $300 million in the first quarter of 2008 but the efforts werent really successful due to a declining economy. The current deal, however, is a new sign of hope for the global carbon offsets market.

Tags: Carbon Funds, Carbon Offsets, Carbon Trade, China, Dubai, India, Investment, Istithmar, Sindicatum Carbon Capital, UAE

surely opens opportunities for global GHG reductions while improving economic conditions in developing countries. But one problem that hinders this process is the lack of education and awareness about how carbon markets operate. Otherwise, even businesses operating in third world countries can contribute a good share in the global CDM projects.

Indians and Chinese are getting large benefits from CDM projects at the moment and this may very well be due to relatively better know-how amongst businesses there. A good example was the recent . The event was conducted by the , Centre for Corporate Research & Training (CCRT) on the 30th of this August.

Speakers there discussed and explained the role of United Nations Framework Convention on Climate Change (UNFCCC), Kyoto Protocol and Carbon Trading amongst many other things. Such training courses, no doubt, are an integral part of the move towards a global low-carbon economy. In countries where businesses are unaware of the mechanisms of carbon trading, American and European market actors can collaborate with local bodies to host such events, which would also serve as a marketing campaign for these Western actors.

Tags: carbon credits, Carbon Trading, CDM, Education, Emissions Trading, India, Kyoto, Training, UNFCCC

The has revealed that India stands at the third position amongst the largest CO2 emitting nations all over the world. The Washington-based think-tank has suggested that by moving to solar-powered energy.

Inside India, the contributes the most to the countrys overall carbon emissions; however, the company is also one of the most efficient ones when it comes to power generation from fossil fuels.

Tags: Carbon Dioxide, Carbon Emissions, co2 emissions, India, Power Plants

Indias online news source Business Standard reports UNFCCC has given out around 25,000 carbon credits to Indian business group for its CDM project. The 12 MW project uses waste heat recovery process to cut GHG emissions at a plant in the Indian province of Andhra Pradesh.

It has been estimated that the . Lanco Industries will run this project for ten consecutive years ending on Sep 30, 2016.

The current disbursement of carbon credits will earn Lanco around 33 million Indian Rupees, as the current CER price in the is Indian Rs 1,340 per tonne.

Tags: Andhra, carbon credits, CDM, CER, GHG Emissions, India, NCDEX, Pradesh, UNFCCC

Recent analysis by reveals most of the easy carbon credit projects are already being availed and chances are high that such low-price credits will diminish sharply in future. Afterwards, greater efforts and higher investments would have to be put in to gain carbon credits.

Up till now, most cheap credits have come mainly from elimination of two kinds of waste gases, and . These two gases have a greater impact on global warming as compared to carbon dioxide. Due to this larger scale of emissions reductions, low-investment projects have resulted in cheaper carbon credits. However, since , future projects would have to earn credits through renewable energy and energy efficiency. This may result in at least a fivefold increase in project costs, which would eventually raise the price of carbon.

Tags: carbon credits, China, Emissions Reductions, Energy Efficiency, India, NCF, Renewable Energy, Yan Sheng

The in India is trying to get some funds from banks, so as to breathe life into carbon futures on the exchange. An exchange representative stated that the money would be given to CER providers.

Tags: Banks, Carbon Trade, Carbon Trading, CER, CERs, India, NCDEX, Unupom Kausik

If you have got an arsenal of carbon credits up your sleeves, now is your time to cash in your hard work.

, an international financial services provider operating in the carbon markets, is coming up with a where credits or CERs can be auctioned off. In the last couple of months, prices of CER have fluctuated with an upward trend, going up from

Tags: Auction Platform, CantorCO2e, carbon credits, Carbon Market, Carbon Trading, CER, CERs, Certified Emission Reductions, Global Auction, India