Industry updates
EU finance ministers are considering the deployment of carbon allowance revenues gathered from the EU ETS to fund climate aid in developing countries, under a planned $100 billion-a-year global relief fund.
The Port of Los Angeles has become the first seaport in the US to adopt an international clean air programme that will see a monetary award given to ocean carriers that use their most efficient and lowest emission vessels at the Port.
A new Platts report released this week by the European Commission has found that European industry operators and factories submitted a total of 254.6 million carbon dioxide offset credits, covering 13.4% of their total verified emissions for 2011.
The Sustainable Shipping Initiative (SSI) has launched a series of collaborative action plans aimed at developing a shipping industry that is both profitable and sustainable by 2040.
The UNFCCC has launched a pioneering interest-free loan scheme to support Clean Development Mechanism (CDM) projects in some of the world's least developed countries.
Europe's largest institutional investors called upon EU energy and climate ministers to take urgent action to bolster carbon prices ahead of a crucial meeting in Brussels that took place this week.
The EU has announced plans for a new €50m 'energising development' initiative designed to accelerate the roll out of clean technologies and improve energy access in the developing world.
- Outlook for voluntary carbon markets is optimistic - Published 12 Apr 2012
- UK report: ‘Shipping should be included in carbon budgets’ - Published 10 Apr 2012
- China's youth send demand signal for low carbon brands - Published 5 Apr 2012
- US airlines drop case against EU carbon levy - Published 30 Mar 2012
- International Shipping Association urges industry to support EEDI - Published 27 Mar 2012
- International Chamber of Shipping: Shipping needs global legislation, not unilateral measures - Published 21 Mar 2012
- Major retailers call for greater carbon footprint transparency from transport sector - Published 19 Mar 2012
- Nobel economists urge US President to back EU emissions plan - Published 15 March 2012
- MEPC63 committee adopts new guidelines to push progress on EEDI and SEEMP - Published 12 Mar 2012
- Carbon project applications soar in February as first Kyoto Protocol commitment period ends - Published 9 Mar 2012
