Latest United Nations Framework Convention on Climate Change Stories
WASHINGTON, Sept. 10 /PRNewswire-USNewswire/ -- "Global Adaptation Institute," a new non-profit focused on adaptation to climate change, announced that the former second in command at the World Bank, Dr. Juan Jose Daboub, will be its founding CEO, amid estimates that climate adaptation could require US$ 150-200 billion annually in public and private investment. The climate NGO (http://www.GlobalAdaptationInstitute.org), to be based in Washington and launching later this year, seeks to...
New Report Reveals Fatal Flaws in Bank's Justification for Business as Usual WASHINGTON and LONDON, Aug. 26 /PRNewswire-USNewswire/ -- In an effort to justify its participation in perhaps the biggest carbon market scandal to date, the World Bank has dismissed concerns that the UN Clean Development Mechanism's (CDM) HFC-23 projects are generating millions of fake carbon credits. An analysis released today by the Environmental Investigation Agency (EIA), Ethically Bankrupt: World Bank...
A U.N. board that oversees a $2.7 billion market intended to cut heat-trapping gases has agreed to take steps that could lead to reining in what European and U.S. environmentalists call a gigantic scam. The executive board of the U.N.'s Clean Development Mechanism said that five chemical plants in China do not qualify for funding. The "CDM" credits have been widely used in the carbon trading markets of the European Union (EU), Japan and other nations that signed the 1997 Kyoto...
LONDON and WASHINGTON, Aug. 20 /PRNewswire-USNewswire/ -- In a series of unprecedented moves, the Executive Board of the UN Clean Development Mechanism (CDM) is halting issuance of carbon credits from the destruction of HFC-23 pending a comprehensive investigation to ensure the projects do not result in fake emissions offsets. Certified Emissions Reduction Units (CERs) for HFC-23 destruction account for 51% of the almost 430 million CDM credits issued to date and have been extensively used...
A climate bill failing in the U.S. Senate could cause a strain on international negotiations that began today on a new agreement to try and maintain the global warming crisis. Climate activists say that the Senate's decision has deepened the distrust among poor countries about the intentions of the U.S. and other industrial countries to cut greenhouse gas emissions that power their wealthy economies, but risk causing the Earth to dangerously overheat. The split between rich and poor nations...
WASHINGTON, July 2 /PRNewswire-USNewswire/ -- Certified Emissions Reduction Units (CERs) for the destruction of HFC-23 represent over 1/2 of the CDM credits issued to date. The CDM's HFC-23 projects pay 65-75 times more for HFC-23 destruction than the manufacturers pay. A revision request submitted by CDM Watch to the CDM Executive Board provides overwhelming evidence that manufacturers are gaming the CDM system and undermining carbon markets by producing potent greenhouse gases (GHGs) just...
The Earth is heading for a 5.4-degree Fahrenheit warming trend by the year 2100 despite promises to curb carbon emissions, according to a study released during UN talks on Thursday. Bill Hare of Germany's Potsdam Institute for Climate Impact Research (PIK), said there is a "virtual certainty" that global warming will exceed 2.7 F by 2100. It could very likely exceed 3.6 F and there's a "more than 50-percent chance of exceeding 5.4 F by 2100." Nearly 120 countries have signed up to take...
JOHANNESBURG, June 10 /PRNewswire/ -- Lemnis Lighting(TM), through its South African subsidiary Lemnis Lighting Africa, has been selected by the Department of Environmental Affairs (DEA) in liaison with the United Nations Environment Programme (UNEP), Department of Energy, Department of Tourism, Central Energy Fund, Eskom and the Local Organizing Committee, to be a key contributor in helping to offset the carbon emissions generated as a result of the FIFA 2010 World Cup. The DEA's...
BONN, Germany, June 8 /PRNewswire-USNewswire/ -- The following is being issued by Committee for a Constructive Tomorrow: The climate talks are back, this time in Bonn, Germany, where the UN is having a tough time escaping the aftermath of its failed negotiations in Copenhagen. De Boer left with only a "muffin" "The three layers of the cake collapsed and we were left with a muffin" is how UNFCCC Executive Secretary Yvo de Boer described the Copenhagen talks. De Boer will be exiting his...
MEXICO CITY, June 1 /PRNewswire/ -- Marcelo Ebrard, Mayor of Mexico City and chair of the World Mayor's Council on Climate Change, will host a summit of mayors from around the world in Mexico City on November 21, 2010, with the goal of creating a new advocacy and action mechanism for cities to address global climate change. The World Mayor's Summit on Climate Change was announced at a gathering of more than 500 mayors and municipal leaders in Bonn, Germany on May 30, entitled Resilient...
