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This Africa's pulse newsletter includes the following headings: recent economic trends; global economic developments; and trends and outlook for Sub-Saharan Africa.
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The total value of the carbon market grew by 11 percent in 2011, to $176 billion, and transaction volumes reached a new high of 10.3 billion tons of carbon dioxide equivalent (CO2e). This growth took place in the face of economic turbulence, growing long-term oversupply in the EU Emissions...
Persistent link: https://www.econbiz.de/10010813135
The carbon market is the most visible result of early regulatory efforts to mitigate climate change. Regulation constraining carbon emissions has spawned an emerging carbon market that was valued at US$64 billion (Euro 47 billion) in 2007. Its biggest success so far has been to send market...
Persistent link: https://www.econbiz.de/10010813272
Many African countries have thin energy and industrial sectors with limited opportunities to reduce carbon emissions, certainly relative to countries such as China and India. Carbon sequestration from avoided deforestation and from agriculture--potentially important areas for climate mitigation...
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Over the past year, the global economy has cooled significantly, a far cry from the boom just a year ago in various countries and across markets. At the same time, the scientific community communicated the heightened urgency of taking action on climate change. Policymakers at national, regional,...
Persistent link: https://www.econbiz.de/10010813377
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This study reviews the state and trends of the carbon market as of May 2005, based on material provided by Evolution Markets LLC, and Natsource LLC, and based on interviews with a large number of market participants. One of the main findings is the regulatory framework of the carbon market has...
Persistent link: https://www.econbiz.de/10010813447
Carbon transactions are defined as purchase contracts or ERPAs (Emission Reductions Purchase Agreements) whereby one party pays another party in return for greenhouse gas (GHG) emissions reductions that the buyer can use to meet its compliance or corporate citizenship - objectives vis-a-vis GHG...
Persistent link: https://www.econbiz.de/10010813581