Government – Supervisory Board – Naftogaz: cooperating effectively for a comm...dixigroup
The document discusses reforms needed for Ukraine's natural gas market, including:
1. Unbundling Naftogaz into separate transmission, distribution, storage and supply companies and introducing competition in retail gas supply and transit, as was done in the UK.
2. Empowering Naftogaz's supervisory board to oversee management and strategy and prevent corruption through principles-based corporate governance and independent regulation and enforcement against corruption.
3. Creating a regulatory regime that incentivizes investment in gas production and transmission infrastructure while ensuring fair access and pricing to increase Ukraine's energy security and independence.
This document discusses revenue from emissions trading systems and how it is used. It provides information on allocation design options for allowances and the advantages and disadvantages of auctioning. Auctioning raises revenue for governments but does not protect high-emitting industries from carbon leakage. The document then examines how revenues from ETS auctions have been used in the EU, RGGI, California, and other programs, often to fund climate and clean energy programs. Sources of additional information on carbon pricing and ETS programs from the International Carbon Action Partnership are also listed.
The impact of Brexit on climate and energy policyRichard Tol
The UK has decided to leave the EU but maintain its climate targets. However, three central planks of UK climate policy, emission permit trade, interconnection, and nuclear power, depend on the EU. This paper discusses the implications of Brexit for climate policy.
The document discusses the digital services tax (DST) implemented in the United Kingdom in April 2020. It levies a 2% tax on revenues from digital services for large tech companies with over £500 million in global annual revenues. While intended to make large digital companies pay more tax, critics argue it will be passed on to consumers and smaller third-party sellers. The U.S. has threatened retaliation through tariffs on certain imports, citing discrimination against U.S. tech companies.
Government – Supervisory Board – Naftogaz: cooperating effectively for a comm...dixigroup
The document discusses reforms needed for Ukraine's natural gas market, including:
1. Unbundling Naftogaz into separate transmission, distribution, storage and supply companies and introducing competition in retail gas supply and transit, as was done in the UK.
2. Empowering Naftogaz's supervisory board to oversee management and strategy and prevent corruption through principles-based corporate governance and independent regulation and enforcement against corruption.
3. Creating a regulatory regime that incentivizes investment in gas production and transmission infrastructure while ensuring fair access and pricing to increase Ukraine's energy security and independence.
This document discusses revenue from emissions trading systems and how it is used. It provides information on allocation design options for allowances and the advantages and disadvantages of auctioning. Auctioning raises revenue for governments but does not protect high-emitting industries from carbon leakage. The document then examines how revenues from ETS auctions have been used in the EU, RGGI, California, and other programs, often to fund climate and clean energy programs. Sources of additional information on carbon pricing and ETS programs from the International Carbon Action Partnership are also listed.
The impact of Brexit on climate and energy policyRichard Tol
The UK has decided to leave the EU but maintain its climate targets. However, three central planks of UK climate policy, emission permit trade, interconnection, and nuclear power, depend on the EU. This paper discusses the implications of Brexit for climate policy.
The document discusses the digital services tax (DST) implemented in the United Kingdom in April 2020. It levies a 2% tax on revenues from digital services for large tech companies with over £500 million in global annual revenues. While intended to make large digital companies pay more tax, critics argue it will be passed on to consumers and smaller third-party sellers. The U.S. has threatened retaliation through tariffs on certain imports, citing discrimination against U.S. tech companies.
This is a due diligence directory of US patents holders in UK. It has the latest information about who has US patents in England, Wales, Scotland, Northern Ireland and British Overseas Territories (BOT), where they are, what they patented in the US market and the trends of their US patents. There have already been the information of 7,000+ UK based entities in this database.
In its Third Assessment Report (TAR), the Intergovernmental Panel on Climate Change concludes that human activities are the main contributors to global warming. Each nation is adopting measures to combat issues related to climate change. Global initiatives have been taken up by governments and companies to reduce the impact of their operations on the environment. To help these organizations better understand their carbon footprint, reporting systems for greenhouse gas (GHG) emissions were created. GHG emissions are disclosed either through regulated schemes or through voluntary reporting.
The document discusses the implications of Brexit for the UK and EU meat sectors. It outlines that Brexit negotiations will focus on withdrawal terms, future trade relations, and possible transitional arrangements. Key issues for meat exporters include tariff treatment, compliance with import standards, and customs procedures if the UK leaves the EU single market and customs union. The document examines UK and EU beef and sheepmeat trade and provides examples of potential tariff barriers. It also discusses options for a transitional agreement and the proposed UK Trade Bill to establish new trade policies.
The document discusses various government policies relating to the automotive industry in India, including customs duties on imported cars and hybrids, excise duty cuts only for petrol trucks, and differential excise duties for small and big cars. It also mentions tax policies, labor laws, environmental issues, and emission norms under the National Auto Fuel Policy that affect the industry.
Designing carbon pricing instruments for ambitious climate policy, Andrew Pra...OECD Environment
The document discusses designing carbon pricing instruments to support ambitious climate policy. It notes that while carbon pricing is efficient and raises revenue, political constraints have limited its implementation. These constraints include concerns about competitiveness, household energy bills, dependence on fossil fuels, and policy misalignments. The document outlines strategies to overcome these barriers, including international price convergence, targeting exemptions, and realigning incentives. It also discusses levels of international cooperation on carbon pricing, from agreeing on principles to fully linking emissions trading systems. The discussion raises questions about how to help overcome political constraints and facilitate coordination on carbon pricing policies.
This document summarizes greenhouse gas emission data from 1990 to 2005 reported by countries to the United Nations Framework Convention on Climate Change. It finds that emissions from industrialized countries remained below 1990 levels over this period, with a 3-5% reduction for countries to the Convention and a 15% reduction for countries that ratified the Kyoto Protocol. Emissions grew slowly after 2000 but need attention. The data provides a basis for monitoring emissions reductions required under the Kyoto Protocol from 2008-2012.
Communication of the european commission on a european strategy for dataATLAS H2020 Project
The Commission will support the establishment of a Common European agriculture data space, to enhance the sustainability performance and competitiveness of the agricultural sector through the processing and analysis of production and other data, allowing for precise and tailored application of production approaches at farm level.
1) Carbon prices in emissions trading schemes around the world vary greatly due to oversupply of credits and economic downturn. The EUA price hit historic lows under €5.
2) Many countries and regions have implemented or plan to implement carbon pricing mechanisms like emissions trading or carbon taxes, covering around 10 GtCO2e annually or 21% of global emissions.
3) Carbon pricing schemes differ in key design elements such as whether they set an absolute emissions cap, how stringently it is set, which sectors are covered, and whether they include price controls. Despite differences, collectively they have potential to cover almost half of global emissions.
EU Non-Financial Reporting Directive: How companies can make the most of it!CDSB
Slides from the launch of the Environmental reporting handbook, which offers companies ideas about what reporting environmental information under the EU Non-Financial Reporting Directive could look like in practice.
The handbook uses real-life examples of annual reports to demonstrate reporting under each requirement of Directive and to show what constitutes good practice.
Download the handbook from http://cdsb.net/nfrhandbook
The document discusses factors that will influence the debate around reforming the Common Agricultural Policy (CAP) after 2020. It outlines the European Commission's process for developing proposals, including public consultations. Survey results showed most respondents want the CAP to address challenges like climate change, environmental protection, and generational renewal. The Commission is considering scenarios that shift support towards rural development, innovation, and risk management. Prospects for the CAP budget are uncertain due to new EU priorities and Brexit. Cuts may fall disproportionately on certain member states or policy pillars. Political constraints could complicate reaching agreement on reforms by 2020.
tew (08.10.18) - Transparency and use of published data, price formation and ...Денис Киркач
This document provides an overview of a presentation on transparency in wholesale energy markets. The presentation covers:
- Fundamental analysis of price formation based on consumption, production, net positions between countries, and cross-border transmission limits. Accurate and transparent data on these factors is important for efficient price formation.
- Market participants use fundamental data and models to forecast prices and optimize cross-border flows. Lack of transparency in data could allow abuse and market manipulation.
- Ensuring quality, accurate, and easily accessible fundamental data provides a level playing field and allows market participants to improve social welfare through more efficient optimization and price formation.
RECOMMENDATIONS FOR AN EFFICIENT AND EFFECTIVE AUCTION DESIGN IN UKRAINEenergydialog
This document provides recommendations for auction design in Ukraine's renewable energy sector from the AURES II research project. It recommends a simple auction design with one-stage sealed-bid pricing, technology-specific auctions with location-neutrality. Volume setting should have annual revision within 20% and minimum project size thresholds decreasing over time to increase competition. It also proposes "medium-sized auctions" for smaller solar and wind projects of 1-5MW and 1-20MW to introduce more competition.
"Climate & energy policies: post 2020 EU ETS" | Dr Laura Cohen | EPCF 2014Cerame-Unie
"Climate & energy policies: post 2020 EU ETS" by Dr Laura Cohen, CEO of British Ceramic Confederation.
Presentation made at the 15th European Parliament Ceramics Forum on 3 December 2014.
The document introduces carbon accounting services for companies. It discusses product carbon accounting which measures emissions associated with individual products. Corporate carbon accounting measures a company's total emissions. Value chain carbon accounting accounts for emissions across a company's entire supply chain. The document also discusses carbon mitigation and neutralization targets to reduce or offset emissions. Implementing carbon accounting helps companies improve their environmental impact and engagement with stakeholders.
The document discusses challenges facing the European gas market. It notes a widening gap between forecasted gas demand and supply capacity in the EU by the late 2020s if no action is taken. Political challenges include a restrictive regulatory framework that disadvantages gas compared to other energy sources like renewables. The document advocates for a liberalized but not overregulated gas market in Europe that promotes gas and enables infrastructure development to ensure secure supply. It argues gas will remain an important fuel through 2035 and that supporting its role in decarbonization efforts can benefit the future energy mix.
tew (09.10.18) - Compliance with remit, a market participant's prespectiveДенис Киркач
This document discusses regulatory compliance challenges for energy commodity market participants from the perspective of Saeed Patel, Director of Product Strategy at Irisium. It outlines increasing regulatory scrutiny of market misconduct following scandals and the introduction of regulations like REMIT that require automated trade surveillance. Firms now need integrated surveillance systems to detect potential market abuse and file suspicious transaction reports to avoid penalties that have totaled over $26 billion globally since 2012. The experience of EDF Trading in evolving its compliance function and trade monitoring systems to meet regulatory requirements is also summarized.
Intro to the carbon emissions trading market.pptSahil731850
Jack Cogen, president of Natsource LLC, presented an analysis of the emerging carbon emissions trading market at a conference in Tokyo. He provided an overview of Natsource, described the basics of emissions trading, discussed the status of the Kyoto Protocol, and analyzed market activity and pricing. Cogen predicted that fragmented national markets will emerge through 2007, with VER prices below $5/ton and allowance prices varying by region from $2.50-15/ton. For 2008-2012, he expected global compliance markets and prices to develop, with AAU/CER prices in the range of $5-11/ton as increased supply meets growing demand.
Jack Cogen, president of Natsource LLC, presented an analysis of the emerging carbon emissions trading market at a conference in Tokyo. He provided an overview of Natsource, described the basics of emissions trading, discussed the status of the Kyoto Protocol, and analyzed market activity and pricing. Cogen predicted that fragmented national markets will emerge through 2007, with VER prices below $5/ton and allowance prices varying by region from $2.50-15/ton. For 2008-2012, he expected global prices to form, with regional differences narrowing and AAU/CER prices in the range of $5-11/ton as increased regulatory certainty stimulates supply.
This is a due diligence directory of US patents holders in UK. It has the latest information about who has US patents in England, Wales, Scotland, Northern Ireland and British Overseas Territories (BOT), where they are, what they patented in the US market and the trends of their US patents. There have already been the information of 7,000+ UK based entities in this database.
In its Third Assessment Report (TAR), the Intergovernmental Panel on Climate Change concludes that human activities are the main contributors to global warming. Each nation is adopting measures to combat issues related to climate change. Global initiatives have been taken up by governments and companies to reduce the impact of their operations on the environment. To help these organizations better understand their carbon footprint, reporting systems for greenhouse gas (GHG) emissions were created. GHG emissions are disclosed either through regulated schemes or through voluntary reporting.
The document discusses the implications of Brexit for the UK and EU meat sectors. It outlines that Brexit negotiations will focus on withdrawal terms, future trade relations, and possible transitional arrangements. Key issues for meat exporters include tariff treatment, compliance with import standards, and customs procedures if the UK leaves the EU single market and customs union. The document examines UK and EU beef and sheepmeat trade and provides examples of potential tariff barriers. It also discusses options for a transitional agreement and the proposed UK Trade Bill to establish new trade policies.
The document discusses various government policies relating to the automotive industry in India, including customs duties on imported cars and hybrids, excise duty cuts only for petrol trucks, and differential excise duties for small and big cars. It also mentions tax policies, labor laws, environmental issues, and emission norms under the National Auto Fuel Policy that affect the industry.
Designing carbon pricing instruments for ambitious climate policy, Andrew Pra...OECD Environment
The document discusses designing carbon pricing instruments to support ambitious climate policy. It notes that while carbon pricing is efficient and raises revenue, political constraints have limited its implementation. These constraints include concerns about competitiveness, household energy bills, dependence on fossil fuels, and policy misalignments. The document outlines strategies to overcome these barriers, including international price convergence, targeting exemptions, and realigning incentives. It also discusses levels of international cooperation on carbon pricing, from agreeing on principles to fully linking emissions trading systems. The discussion raises questions about how to help overcome political constraints and facilitate coordination on carbon pricing policies.
This document summarizes greenhouse gas emission data from 1990 to 2005 reported by countries to the United Nations Framework Convention on Climate Change. It finds that emissions from industrialized countries remained below 1990 levels over this period, with a 3-5% reduction for countries to the Convention and a 15% reduction for countries that ratified the Kyoto Protocol. Emissions grew slowly after 2000 but need attention. The data provides a basis for monitoring emissions reductions required under the Kyoto Protocol from 2008-2012.
Communication of the european commission on a european strategy for dataATLAS H2020 Project
The Commission will support the establishment of a Common European agriculture data space, to enhance the sustainability performance and competitiveness of the agricultural sector through the processing and analysis of production and other data, allowing for precise and tailored application of production approaches at farm level.
1) Carbon prices in emissions trading schemes around the world vary greatly due to oversupply of credits and economic downturn. The EUA price hit historic lows under €5.
2) Many countries and regions have implemented or plan to implement carbon pricing mechanisms like emissions trading or carbon taxes, covering around 10 GtCO2e annually or 21% of global emissions.
3) Carbon pricing schemes differ in key design elements such as whether they set an absolute emissions cap, how stringently it is set, which sectors are covered, and whether they include price controls. Despite differences, collectively they have potential to cover almost half of global emissions.
EU Non-Financial Reporting Directive: How companies can make the most of it!CDSB
Slides from the launch of the Environmental reporting handbook, which offers companies ideas about what reporting environmental information under the EU Non-Financial Reporting Directive could look like in practice.
The handbook uses real-life examples of annual reports to demonstrate reporting under each requirement of Directive and to show what constitutes good practice.
Download the handbook from http://cdsb.net/nfrhandbook
The document discusses factors that will influence the debate around reforming the Common Agricultural Policy (CAP) after 2020. It outlines the European Commission's process for developing proposals, including public consultations. Survey results showed most respondents want the CAP to address challenges like climate change, environmental protection, and generational renewal. The Commission is considering scenarios that shift support towards rural development, innovation, and risk management. Prospects for the CAP budget are uncertain due to new EU priorities and Brexit. Cuts may fall disproportionately on certain member states or policy pillars. Political constraints could complicate reaching agreement on reforms by 2020.
tew (08.10.18) - Transparency and use of published data, price formation and ...Денис Киркач
This document provides an overview of a presentation on transparency in wholesale energy markets. The presentation covers:
- Fundamental analysis of price formation based on consumption, production, net positions between countries, and cross-border transmission limits. Accurate and transparent data on these factors is important for efficient price formation.
- Market participants use fundamental data and models to forecast prices and optimize cross-border flows. Lack of transparency in data could allow abuse and market manipulation.
- Ensuring quality, accurate, and easily accessible fundamental data provides a level playing field and allows market participants to improve social welfare through more efficient optimization and price formation.
RECOMMENDATIONS FOR AN EFFICIENT AND EFFECTIVE AUCTION DESIGN IN UKRAINEenergydialog
This document provides recommendations for auction design in Ukraine's renewable energy sector from the AURES II research project. It recommends a simple auction design with one-stage sealed-bid pricing, technology-specific auctions with location-neutrality. Volume setting should have annual revision within 20% and minimum project size thresholds decreasing over time to increase competition. It also proposes "medium-sized auctions" for smaller solar and wind projects of 1-5MW and 1-20MW to introduce more competition.
"Climate & energy policies: post 2020 EU ETS" | Dr Laura Cohen | EPCF 2014Cerame-Unie
"Climate & energy policies: post 2020 EU ETS" by Dr Laura Cohen, CEO of British Ceramic Confederation.
Presentation made at the 15th European Parliament Ceramics Forum on 3 December 2014.
The document introduces carbon accounting services for companies. It discusses product carbon accounting which measures emissions associated with individual products. Corporate carbon accounting measures a company's total emissions. Value chain carbon accounting accounts for emissions across a company's entire supply chain. The document also discusses carbon mitigation and neutralization targets to reduce or offset emissions. Implementing carbon accounting helps companies improve their environmental impact and engagement with stakeholders.
The document discusses challenges facing the European gas market. It notes a widening gap between forecasted gas demand and supply capacity in the EU by the late 2020s if no action is taken. Political challenges include a restrictive regulatory framework that disadvantages gas compared to other energy sources like renewables. The document advocates for a liberalized but not overregulated gas market in Europe that promotes gas and enables infrastructure development to ensure secure supply. It argues gas will remain an important fuel through 2035 and that supporting its role in decarbonization efforts can benefit the future energy mix.
tew (09.10.18) - Compliance with remit, a market participant's prespectiveДенис Киркач
This document discusses regulatory compliance challenges for energy commodity market participants from the perspective of Saeed Patel, Director of Product Strategy at Irisium. It outlines increasing regulatory scrutiny of market misconduct following scandals and the introduction of regulations like REMIT that require automated trade surveillance. Firms now need integrated surveillance systems to detect potential market abuse and file suspicious transaction reports to avoid penalties that have totaled over $26 billion globally since 2012. The experience of EDF Trading in evolving its compliance function and trade monitoring systems to meet regulatory requirements is also summarized.
Intro to the carbon emissions trading market.pptSahil731850
Jack Cogen, president of Natsource LLC, presented an analysis of the emerging carbon emissions trading market at a conference in Tokyo. He provided an overview of Natsource, described the basics of emissions trading, discussed the status of the Kyoto Protocol, and analyzed market activity and pricing. Cogen predicted that fragmented national markets will emerge through 2007, with VER prices below $5/ton and allowance prices varying by region from $2.50-15/ton. For 2008-2012, he expected global compliance markets and prices to develop, with AAU/CER prices in the range of $5-11/ton as increased supply meets growing demand.
Jack Cogen, president of Natsource LLC, presented an analysis of the emerging carbon emissions trading market at a conference in Tokyo. He provided an overview of Natsource, described the basics of emissions trading, discussed the status of the Kyoto Protocol, and analyzed market activity and pricing. Cogen predicted that fragmented national markets will emerge through 2007, with VER prices below $5/ton and allowance prices varying by region from $2.50-15/ton. For 2008-2012, he expected global prices to form, with regional differences narrowing and AAU/CER prices in the range of $5-11/ton as increased regulatory certainty stimulates supply.
Jack Cogen, president of Natsource LLC, presented an analysis of the emerging carbon emissions trading market at a conference in Tokyo. He provided an overview of Natsource, described the basics of emissions trading, discussed the status of the Kyoto Protocol, and analyzed market activity and pricing. Cogen predicted that fragmented national markets will emerge through 2007, with VER prices below $5/ton and allowance prices varying by region from $2.50-15/ton. For 2008-2012, he expected global prices to form, with Russian permits keeping prices in the $5-11/ton range as regulatory certainty increases demand and supply.
84th ICREA colloquium 'Carbon pricing and energy use pathways for staying wit...ICREA
'Parallel tracks towards a post-Paris treaty on carbon pricing'
Stopping climate change has turned out to be an immense challenge. Although denial of the problem seems to weaken somewhat, a serious hurdle to a solution is that many scientists and politicians are insufficiently focused on ultimate effectiveness of policies. We quantify the magnitude of the decarbonization challenge and discuss general solution strategies and policy instruments. We then look into the carbon emissions involved in a renewable energy transition, assess the effects of recessions on carbon emissions and discuss the trade-offs between economic growth and reducing carbon emissions. We zoom in on carbon pricing, listing classic and heterodox arguments in favor of it, dealing with effectiveness, efficiency, equity, national and international feasibility, and systemic effects. Complementary instruments and the reasons for their use are mentioned as well. On the basis of this, implications for the policy trajectory after the Paris international climate agreement are formulated.
This document provides an overview of carbon markets and the Clean Development Mechanism (CDM). It discusses the science of climate change and the Kyoto Protocol's establishment of mechanisms like CDM to mitigate climate change. CDM allows emission reduction projects in developing countries to earn certified emission reduction credits. The document outlines the CDM project cycle and institutional framework, eligibility requirements, and examples of project types. It also examines the carbon market, pricing of certified emissions reductions, and trends in the European Union Emissions Trading System.
Stephen presentation on Voluntary carbon marketbrissiesugar
The document discusses the voluntary carbon market, including its key features, products, standards, price trends, benefits and costs. It notes that the voluntary market includes renewable energy, forestry, and methane capture projects. Standards include the Gold Standard and Voluntary Carbon Standard. Price trends have declined from 2007 levels but top products remain steady. The market benefits less polluting industries but does not necessarily reduce emissions. Potential exists in Vietnam if projects are reliably validated, especially those combining renewable energy and social benefits.
The document discusses the scale of changes needed to limit global warming to 450 parts per million of CO2, including improving energy efficiency, increasing renewable energy sources, deploying carbon capture and storage technologies, and increasing nuclear power. It emphasizes that a coordinated global policy approach is required, including government policies to support low-carbon technologies through all stages from research to large-scale demonstration and deployment. Cap-and-trade systems and international cooperation on projects are presented as important policy mechanisms.
This document discusses the future of carbon markets following the Cancun climate talks. It suggests that while there was little appetite for a top-down framework, countries may establish top-down emission reduction targets met through bottom-up mechanisms like emissions trading schemes and offset programs. The Clean Development Mechanism is unlikely to deliver large emission cuts and new market mechanisms aim to scale up reductions beyond pure offsetting. A bottom-up evolution of linked domestic carbon markets could emerge without a binding international agreement if countries commit to transparency and mitigation efforts. Key issues for this approach include accounting, reporting, and criteria for traded units.
This document discusses the challenges of transitioning to alternative energy sources and reducing fossil fuel emissions. It makes three key points:
1) Fossil fuel usage continues to rise significantly despite progress in alternative energy, and alternative energy is not growing fast enough to keep up with increasing energy demand.
2) There are physical limits to how quickly new energy technologies can be deployed at scale. Governments need long-term, stable policy frameworks to encourage changes to energy systems over time.
3) A carbon price policy can drive the implementation of emissions reductions projects over time, while complementary policies are needed to support new technologies like carbon capture and storage through research, demonstration projects, and preparation for deployment. However, additional policies
This presentation gives an overview of the carbon pricing mechanism that has been announced by the Australian government. It talks about Australia’s pollution profile and emissions, the expected changes with a price on carbon, carbon tax versus emissions trading schemes, how the carbon price will work, the biggest polluters in Australia, the changes that will be implemented, the carbon pricing mechanism explained and the impact for companies.
Carbon markets 101 introduces the market mechanisms under the Kyoto Protocol and related initiatives. It helps executives and managers understand emerging business issues around carbon trading, emission reduction projects and carbon monitoring.
How do we get there? Policy perspective – current and good practice policies,...Nicolas Fux
This document summarizes a presentation on policy perspectives and opportunities to scale up mitigation actions. Recent policy developments that help reduce emissions include carbon pricing programs, support for renewable energy and electric vehicles, and plans to phase out coal. While coverage of good practice policies among G20 countries is increasing, gaps remain in key areas like fossil fuel subsidies. If all countries replicated the impacts of successful sectoral policies, global emissions could be put on a trajectory close to 2°C of warming. Broader adoption of good practices could further close the emissions gap.
Emissions Trading Media Briefing February 2009David Hone
An overview of emissions trading (cap-and-trade), how it works and a focus on allocation of allowances. This presentation was given by Shell to a group of London media representatives on February 18th 2009.
This document provides information from an NGO strategy meeting in Kiev on December 13-14, 2013. It discusses Carbon Market Watch, an NGO that scrutinizes carbon markets. It also mentions other related projects focused on forestry and indigenous peoples' rights. Additionally, it provides climate change facts and discusses pathways to limit warming to 1.5 or 2 degrees Celsius. Finally, it summarizes the state of carbon markets and negotiations on the Framework for Various Approaches and New Market Mechanism.
From melting ice caps and rising sea levels to an increase in natural disasters and adverse health effects, the effects of global warming are vast and will continue to get worse if nothing is done reduce the amount of greenhouse gases emitted into the atmosphere. One of the main concerns is the health of humans as the earth warms. Injuries due to severe weather, respiratory problems due to bad air quality, and nutritional deficiencies due to food shortages are all expected to increase because greenhouse gases are warming the earth. The health of many people is being compromised by large emitters such as industrial businesses, but it is these businesses that contribute to a strong economy by employing many individuals. Therefore, completely eliminating these industries is not a wise economic choice. However, there is currently no incentive program to encourage these businesses to invest in methods to reduce the amount of greenhouse gases they emit. It is estimated that companies can reduce their rate of pollution by 20 to 50 percent while remaining profitable if there is a market to sell carbon credits. Continuing to generate profits while reducing the amount of pollution emitted into the atmosphere seems like an ideal solution, but with no market place to sell carbon credits there is no incentive for management to change the way their business operates
Aki Kachi presented on "Current trends in green recovery measures" at the "Landscape of climate finance: From supporting recovery globally to recent advances in the CEE region" Workshop. The event was organized within the framework of the EUKI-supported project “Landscape of Climate Finance: Promoting debate on climate finance flows in Central Europe”, jointly implemented by I4CE, NewClimate Institute and WiseEuropa.
Similaire à Carbon markets and COVID-19, William Acworth, Head of ICAP Secretariat (20)
European integration of Ukraine in the “water quality” sectorOECD Environment
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Ministerial Speech by Ruslan Strilets, Minister, Ministry of Environmental Protection and Natural Resources, Ukraine
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Günter Liebel, Former Secretary General, Federal Ministry of Agriculture, Forestry, Regions and Water Management, Austria
The Enabling Environment for Investment in Water Security.pdfOECD Environment
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Guy Halpern, Policy Analyst, Environment Directorate, OECD
AFD’s activity in EU’s Eastern Partnership Countries in a nutshell.pdfOECD Environment
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Tanguy Vincent, Task Team Leader Agriculture, Rural Development, Biodiversity, Agence Française de Développement (AFD)
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Dina Pons, Managing Partner, Incofin Investment Management
Financing of River Basin Management Plans in Ukraine.pdfOECD Environment
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Mykhaylo Yanchuk, Head of the State Water Agency, Ukraine
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Sophie Tremolet, Water Team Lead, Environment Directorate, OECD
Insights on Nature-Based Solutions from the European Commission.pdfOECD Environment
Presented at the 11th roundtable on financing water in Brussels, Belgium on 30-31 May, 2024.
Intervention by Karin Zaunberger, Policy Officer, European Commission, Directorate General for Environment (DG ENV)
PPTs - TAIEX TSI MNB-OECD-EC Launch Event: Technical implementation of the Su...OECD Environment
Presentations from the TAIEX TSI MNB-OECD-EC Launch Event: Technical implementation of the Supervisory Framework for Assessing Nature-related Financial Risks to the Hungarian financial sector, 7 June 2024.
OECD Green Talks LIVE | Diving deeper: the evolving landscape for assessing w...OECD Environment
Water is critical for meeting commitments of the Paris Agreement and achieving the Sustainable Development Goals. Our economies rely on water, with recent estimates putting the economic value of water and freshwater ecosystems at USD 58 trillion - equivalent to 60% of global GDP. At the same time, water related risks are increasing in frequency and scale in the context of climate change.
How are investments shaping our economies and societies exposure to water risk? What role can the financial system play in supporting water security? And how can increased understanding of how finance both impacts and depends on water resources spur action towards greater water security?
This OECD Green Talks LIVE on Tuesday 14 May 2024 from 15:00 to 16:00 CEST discussed the evolving landscape for assessing water risks to the financial system.
OECD Policy Analyst Lylah Davies presented key findings and recommendations from recent OECD work on assessing the financial materiality of water-related risks, including the recently published paper “Watered down? Investigating the financial materiality of water-related risks” and was joined by experts to discuss relevant initiatives underway.
Detlef Van Vuuren- Integrated modelling for interrelated crises.pdfOECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Thomas Hertel- Integrated Policies for the Triple Planetary Crisis.pdfOECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Jon Sampedro - Assessing synergies and trade offs for health and sustainable ...OECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Astrid Bos - Identifying trade offs & searching for synergies.pdfOECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Ruth Delzeit - Modelling environmental and socio-economic impacts of cropland...OECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Wilfried Winiwarter - Implementing nitrogen pollution control pathways in the...OECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Laurent Drouet - Physical and Economic Risks of Climate Change.pdfOECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
HyeJin Kim and Simon Smart - The biodiversity nexus across multiple drivers: ...OECD Environment
This OECD technical workshop will bring together leading experts on economic, biophysical, and integrated assessment modelling of the interactions between climate change, biodiversity loss, and pollution. The workshop will take stock of ongoing modelling efforts to develop quantitative pathways to study the drivers and impacts of the triple planetary crisis, and the policies to address it. The aim is to identify robust modelling approaches to inform the work for the upcoming OECD Environmental Outlook.
Improving the viability of probiotics by encapsulation methods for developmen...Open Access Research Paper
The popularity of functional foods among scientists and common people has been increasing day by day. Awareness and modernization make the consumer think better regarding food and nutrition. Now a day’s individual knows very well about the relation between food consumption and disease prevalence. Humans have a diversity of microbes in the gut that together form the gut microflora. Probiotics are the health-promoting live microbial cells improve host health through gut and brain connection and fighting against harmful bacteria. Bifidobacterium and Lactobacillus are the two bacterial genera which are considered to be probiotic. These good bacteria are facing challenges of viability. There are so many factors such as sensitivity to heat, pH, acidity, osmotic effect, mechanical shear, chemical components, freezing and storage time as well which affects the viability of probiotics in the dairy food matrix as well as in the gut. Multiple efforts have been done in the past and ongoing in present for these beneficial microbial population stability until their destination in the gut. One of a useful technique known as microencapsulation makes the probiotic effective in the diversified conditions and maintain these microbe’s community to the optimum level for achieving targeted benefits. Dairy products are found to be an ideal vehicle for probiotic incorporation. It has been seen that the encapsulated microbial cells show higher viability than the free cells in different processing and storage conditions as well as against bile salts in the gut. They make the food functional when incorporated, without affecting the product sensory characteristics.
Kinetic studies on malachite green dye adsorption from aqueous solutions by A...Open Access Research Paper
Water polluted by dyestuffs compounds is a global threat to health and the environment; accordingly, we prepared a green novel sorbent chemical and Physical system from an algae, chitosan and chitosan nanoparticle and impregnated with algae with chitosan nanocomposite for the sorption of Malachite green dye from water. The algae with chitosan nanocomposite by a simple method and used as a recyclable and effective adsorbent for the removal of malachite green dye from aqueous solutions. Algae, chitosan, chitosan nanoparticle and algae with chitosan nanocomposite were characterized using different physicochemical methods. The functional groups and chemical compounds found in algae, chitosan, chitosan algae, chitosan nanoparticle, and chitosan nanoparticle with algae were identified using FTIR, SEM, and TGADTA/DTG techniques. The optimal adsorption conditions, different dosages, pH and Temperature the amount of algae with chitosan nanocomposite were determined. At optimized conditions and the batch equilibrium studies more than 99% of the dye was removed. The adsorption process data matched well kinetics showed that the reaction order for dye varied with pseudo-first order and pseudo-second order. Furthermore, the maximum adsorption capacity of the algae with chitosan nanocomposite toward malachite green dye reached as high as 15.5mg/g, respectively. Finally, multiple times reusing of algae with chitosan nanocomposite and removing dye from a real wastewater has made it a promising and attractive option for further practical applications.
Evolving Lifecycles with High Resolution Site Characterization (HRSC) and 3-D...Joshua Orris
The incorporation of a 3DCSM and completion of HRSC provided a tool for enhanced, data-driven, decisions to support a change in remediation closure strategies. Currently, an approved pilot study has been obtained to shut-down the remediation systems (ISCO, P&T) and conduct a hydraulic study under non-pumping conditions. A separate micro-biological bench scale treatability study was competed that yielded positive results for an emerging innovative technology. As a result, a field pilot study has commenced with results expected in nine-twelve months. With the results of the hydraulic study, field pilot studies and an updated risk assessment leading site monitoring optimization cost lifecycle savings upwards of $15MM towards an alternatively evolved best available technology remediation closure strategy.
Optimizing Post Remediation Groundwater Performance with Enhanced Microbiolog...Joshua Orris
Results of geophysics and pneumatic injection pilot tests during 2003 – 2007 yielded significant positive results for injection delivery design and contaminant mass treatment, resulting in permanent shut-down of an existing groundwater Pump & Treat system.
Accessible source areas were subsequently removed (2011) by soil excavation and treated with the placement of Emulsified Vegetable Oil EVO and zero-valent iron ZVI to accelerate treatment of impacted groundwater in overburden and weathered fractured bedrock. Post pilot test and post remediation groundwater monitoring has included analyses of CVOCs, organic fatty acids, dissolved gases and QuantArray® -Chlor to quantify key microorganisms (e.g., Dehalococcoides, Dehalobacter, etc.) and functional genes (e.g., vinyl chloride reductase, methane monooxygenase, etc.) to assess potential for reductive dechlorination and aerobic cometabolism of CVOCs.
In 2022, the first commercial application of MetaArray™ was performed at the site. MetaArray™ utilizes statistical analysis, such as principal component analysis and multivariate analysis to provide evidence that reductive dechlorination is active or even that it is slowing. This creates actionable data allowing users to save money by making important site management decisions earlier.
The results of the MetaArray™ analysis’ support vector machine (SVM) identified groundwater monitoring wells with a 80% confidence that were characterized as either Limited for Reductive Decholorination or had a High Reductive Reduction Dechlorination potential. The results of MetaArray™ will be used to further optimize the site’s post remediation monitoring program for monitored natural attenuation.
Biomimicry in agriculture: Nature-Inspired Solutions for a Greener Future
Carbon markets and COVID-19, William Acworth, Head of ICAP Secretariat
1. International Carbon Action Partnership 1
Carbon Markets and COVID-19
William Acworth, Head of ICAP Secretariat
4th November 2020
2. 27- 28 October 2020 International Carbon Action Partnership 2
International Carbon Action Partnership 2
Allowance price developments over the last 10 years
Upwards long-term
trend in prices
EU ETS** $23.66
South Korea ** $18.00
New Zealand** $23.53
California* & Québec* $16.68
RGGI* $6.82
Short term dip in prices
associated with reduced
economic activity from COVID-
19 containment measures.
Quick recovery of allowance price impacts from covid-19 first wave
* Auction price
** Market price
3. 27- 28 October 2020 International Carbon Action Partnership 3
International Carbon Action Partnership 3
A closer look, WCI auction and secondary market
Short term decline in
secondary market
prices.
Allowances withheld
from the market due to
the auction reserve
price.
Auction settles at
reserve price and
secondary market
recovers.
Market stability mechanisms are an important feature of all established markets
Source: ICE data
4. 27- 28 October 2020 International Carbon Action Partnership 4
International Carbon Action Partnership 4
On compliance deadlines
– Most major systems (EU ETS, Regional Greenhouse Gas Initiative (RGGI), Western
Climate Initiative (WCI)) did not move their 2019 compliance deadlines
– Others shifted their compliance deadlines such as the Korean ETS (K-ETS) , the
Swiss ETS, most Chinese pilots and the Canadian federal ‘backstop’ output-based
pricing system (OBPS)
On policy decisions
– For example, China national ETS, and US Transportation and Climate Initiative
final MOU
– Yet significant policy development in New Zealand, Korea and the Europe Union
On Auctions
– Some auction impacts in WCI, K-ETS, EU ETS, and the Swiss ETS, with either
shifted, cancelled or undersubscribed auctions (demand was short of auctioned
volume or non-existent)
COVID-19 ETS Impacts
5. 27- 28 October 2020 International Carbon Action Partnership 5
International Carbon Action Partnership 5
Markets responded to the sharp drop in emissions, which is to be
expected.
Market stability mechanisms appear to have been largely effective in
absorbing much of the initial shock caused by COVID-19 lockdowns,
slumps in economic activity, and decreased allowance demand.
Policy makers will watch their systems carefully as we face uncertain future
demand due to ongoing COVID-19 containment measures.
Political will remains strong as increasingly jurisdictions commit to net
zero reduction targets and lawmakers understand that post-virus recovery
is an opportunity to accelerate a low-carbon pathway
Takeaways and outlook