Mar
18
Government of Portugal and Natsource Hold Seminar to Discuss the Flexible Mechanisms in a Post-2012 World
Filed Under Clean Development Mechanism | Leave a Comment
Senior representatives from the Government of Portugal and its euro 354 million Carbon Fund joined in a seminar today with representatives of Natsource LLC — a provider of asset management services, origination and structuring services, and advisory and research services in global emissions markets — to discuss the goals for and potential shape of the flexible mechanisms (Clean Development Mechanism and Joint Implementation) in a post-2012 climate change agreement. The mechanisms are an extremely important issue in the ongoing negotiations to complete a post-2012 climate agreement which could be adopted later this year in Copenhagen, and will need to play an important role in mobilizing the capital necessary to achieve long-term climate protection objectives. Read more
Mar
4
EU stance on UN carbon trade may slow climate talks, IETA says
Filed Under Carbon Markets, Carbon Trading, Clean Development Mechanism, EU ETS, Emissions Trading | Leave a Comment
The European Commission’s stance on United Nations emission trading may hamper negotiation of an international climate agreement because it threatens developing nations, according to a traders’ lobby group.
The phasing out of the UN’s project-based Clean Development Mechanism proposed by the commission, regulator of the world’s biggest carbon market, would cut cash flowing to poorer nations from industrialized countries, the International Emissions Trading Association said on Tuesday in an e-mailed statement. Read more