Carbon emissions trading is gaining popularity in established markets and in emerging economies; in fact it now covers 15 percent of all emissions globally, finds the International Carbon Action Partnership’s new report on emissions trading activity in 2017.
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Incorporating climate change preventive actions into regular economic policy will have a positive impact on economic growth over the medium and long term, finds a new report from the Organization for Economic Cooperation and Development (OECD).
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The Climate Trust, a nonprofit that specializes in mobilizing conservation finance for climate benefit, announced its fourth annual prediction list of 10 carbon market trends to watch in the coming year.
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“There is a growing sense of inevitability about putting a price on carbon pollution,” said World Bank Group President Jim Yong Kim on the eve of the April 22 signing ceremony at UN Headquarters of the Paris Climate Agreement.
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The largest public pension fund in the United States, the California Public Employees’ Retirement System (CalPERS) has joined the UN Environment Programme (UNEP) in calling for a new culture of sustainable investing.
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