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Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could lose around 2 percent G.D.P. due to climate change – A.D.B. report

Nepal, the Maldives, and Bhutan could be looking at economic losses of around 2 ...

South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

World Bank aids Laos’ hydropower with $40 million in financing

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financin...

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Business

Technology

Charging and recharging lithium-ion batteries less damaging then believed

Charging and recharging lithium-ion batteries less damaging then believed

Tuesday, 16 September 2014

Rapid charging and discharging isn’t as damaging to lithium-ion batteries as originally thought, according to researchers from Stanford University. Li...

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Politics

China takes big step in reducing ozone depleting gases

China takes big step in reducing ozone depleting gases

Tuesday, 16 September 2014

China has taken a big step towards reducing its hydrochlorfluorocarbons by closing down five HCFC production lines. The closure of the five HCFC produ...

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Living Green

How the garden office could offer you a greener lifestyle, and cut traffic congestion too

How the garden office could offer you a greener lifestyle, and cut traffic congestion too

Tuesday, 16 September 2014

“A typical organization’s largest environmental footprint, especially energy use and pollution emissions, can be traced to its employees’ travel to an...

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Renewables

Largest 100% biomass-fueled power plant in North America opens in Ontario

Largest 100% biomass-fueled power plant in North America opens in Ontario

Tuesday, 16 September 2014

North America’s largest 100 percent biomass fueled power station is now operating in Ontario, Canada. The Atikokan Generating Station was previously a...

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Low-Carbon

Aleees, Sony to build electric buses in Taiwan

Aleees, Sony to build electric buses in Taiwan

Saturday, 06 September 2014

Taiwanese electronic bus manufacturer Aleees will be teaming up with Sony to develop a new electric bus. Beginning this September, Aleees and Sony agr...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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U.N. providing loans to C.D.M. projects in underdeveloped countries

A new loan scheme to support Clean Development Mechanism projects in underdeveloped countries was launched by three United Nations agencies at the African Carbon Forum last week in Addis Ababa, Ethiopia.

The scheme will provide interest-free loans for C.D.M. projects in underdeveloped countries as well as countries that have fewer than 10 registered C.D.M. projects.

The loans will provide financing for a project to get its C.D.M. validation and registration and see it through the verification process. After it is validated and registered as a C.D.M. project, it can then generate certified emission reduction credits which can be traded in carbon markets.

The scheme is run jointly by the United Nations Framework Convention on Climate Change, the United Nations Environment Program Risoe Centre and the United Nations Office for Project Services.

U.N.F.C.C.C. Executive Secretary Christiana Figueres said the launch of the loan scheme is both timely and relevant as the European Union Emission Trading Scheme will only accept Certified Emissions Reductions from the underdeveloped countries starting next year. With most of these countries found in Africa, she said the scheme "has come at the right time and to the right place."

"The C.D.M. Loan Scheme is a chance to improve the access to and spread of the C.D.M., particularly in Africa," Ms. Figueres said. "I hope during next year's Africa Carbon Forum, we will see the positive impact this scheme has made towards ensuring the active participation of the continent in the C.D.M."

C.D.M. projects help reduce greenhouse gas emissions and contribute to sustainable development and technology transfer, which could benefit the economies of developing countries. – EcoSeed Staff



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