In a hope to cash in on the global carbon market, one of the first carbon reduction initiatives in Africa is being launched in South Africa by their Central Energy Fund (CEF), encouraging investment to identify and develop carbon projects in order to cut emissions, according to Reuters.
“The CEF has a CDM [clean development mechanism] [...]

German Environment Minister, Sigmar Gabriel said that part of the revenue generated from the sale of carbon credits to industries in Germany, around 120m euros per year, will be invested in the fight against global warming in developing nations, according to an article in Reuters.
” “If we don’t make funds for adaptation and technology available, [...]

The proposed cuts in UK emissions of 60% by 2050 may be reconsidered to an increased 80%. Environment Secretary Hilary Benn will ask a new Climate Change Committee to report within 2 years whether this should happen, according to Reuters. With new evidence and increased fears of global warming, this may well be the case.
The [...]

The industrial emissions quotas are being reduced by 10% compared with what governments had initially wanted for the phase 2008-2012, according to Reuters. European member states are threatening to appeal to the decision.
The EC assures that the decision is key to reach the targets for reduction of greenhouse gases and to strengthen the European Trading [...]

The London Olympics organisers are doing everything possible to ensure that the games are the greenest ever. To ensure this they are going as far as making changes to the flame which burns throughout the Olympic month, according to the FT.
Whether or not this really makes a difference to the environment, it’s the thought that [...]