The proposed Project Activity involves demand side energy efficiency measures in building lighting systems through replacement of existing luminaires with more energy efficient “Light Emitting Diodes” (LEDs) lighting luminaires in the corridors, staircases and void decks of several existing buildings located in 12 Town councils nationwide.
These Guidelines are primarily intended to provide governments with a strategic and holistic understanding of how the demand-side participants of the global emission reduction credit (ERC) markets perceive local policies and institutions in their ability to support the generation of high-quality ERCs.
This Act regulates on Environmental Management (Control and Management of Carbon Trading).
AN ACT of Parliament to provide for a regulatory framework for enhanced response to climate change; to provide for mechanism and measures to achieve low carbon climate development, and for connected purposes
The recent launch of exchange-traded derivatives contracts in VCCs has galvanized focus on further developing VCC derivatives. Growth in the over-the-counter (OTC) derivatives market will be helped by greater overall familiarity with transactions in VCCs and related products.
This country-level Index is based on a detailed analysis of the climate policies, regulations and political risk in 20 countries hosting a total of 3,400 voluntary carbon projects and representing over 80% of all carbon credit issuances.
This working paper presents positive trends and overarching gaps in how countries designing programs to reduce emissions from deforestation and forest degradation (REDD+) are proposing to address governance challenges. It can serve as a starting point to help governments, donors, and civil society groups identify where additional analysis, financial support, and capacity-building are needed to build effective REDD+ strategies, systems, and institutions.
The concept of REDD+ was included in UNFCCC negotiations for the first time in 2005 in COP 11. The experience with processes of payments linked to REDD+ results is still limited and heterogeneous. However, it is possible to extract key lessons from the existing initiatives. The benefits distributed through different REDD+ initiatives vary and have reached different stakeholders through different channels. Hence, the extent of uptake and the impacts of shared benefits in each case are also different.
The report includes a total of twelve recommendations relating to primary market functioning, transparency and predictability of primary market decisions; market structures for primary markets, covering allowance allocation mechanisms, market stability mechanisms and primary market access; and secondary market functioning, with particular focus on market integrity, transparency and structure.