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INDIA
CIF to have significant impact in generating even more financing for climate action: World Bank
(July. 03, 2:30pm) The World Bank has given formal approval to the creation of the Climate Investment Funds (CIF), a pair of international investment instruments, designed to provide interim, scaled-up funding to help developing countries in their efforts to mitigate rises in greenhouse gas (GHG) emissions and adapt to climate change. ...
 
Comments to the draft CDM validation and verification manual
(July. 01, 8:30pm) Comments suggest that DOEs should not encourage comments from ‘anonymous’ stakeholders and to issue an information sheet to the Project Participants on the general principles of validation process...
 
P-CDM will be major vehicle in carbon market: Pamposh Bhat
(June.1, 7:30pm) Experts also advise to treat a PDD like a techno-legal document. While building a case for your project, remember to provide points which can be substantiated....
 
INTERNATIONAL
The Bank of New York Mellon to run registry service for Voluntary Carbon Units
(July 03,8:12pm) In its role as registry, the company will issue, hold, trade and retire VCUs representing greenhouse gas reduction or removal on behalf of registry participants....
 
EU states under pressure to advance CO2 storage
(July 03, 5:40pm) MEP Davies favours using the EU Emissions Trading Scheme (EU ETS) as one option for freeing up money for the development of CCS demonstration plants. Under such an approach, installations using CCS would receive double or even multiple ETS credits for each tonne of CO2 captured and stored. These credits could then be sold on the EU's carbon market, according to Davies....
 
eaga announces carbon emissions reduction target agreement
(July. 03, 1:45pm) eaga plc has reached an agreement worth in excess of £200m, with Scottish Power for the outsourced management and delivery of its entire Carbon Emissions Reduction Target (CERT) obligation....
 
 
 
 
EXPERT’S CORNER
  Stavros Dimas
Member, EC, Environment , EU

Poland could receive 1 billion euros a year for distribution of a part of carbon e .....

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  Sameer Sinha
Vice President, Power, Alcohol and Corporate Planning , Triveni Engineering and Industries

Look at a robust way to prove CDM financial additionality < ......

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Ask The Expert
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Question:
Q.Is there any outsourcing services in this sector?
A.Sure there is. You can outsource draft PDDs for simple projects (wind hydro biomass to power for gri...
Q.Sir how is CFI different from a CER in terms of 1. Application Process 2.Ease of finding Buyers 3.Minimum size of projects in terms of CERs to find buyers? Also I have found recently that buyers are not interested in projects with CERs less than 5000?How can such projects specially in rural areas benefit from carbon credits?I am a student at BITS-Pilani and we are working with local farmers to get carbon credits from their biogas plants through a Programmatic CDM model
A.The application process for CFIs is much simpler than the CDM. The CDM has a wait time of almost 2 y...