Developed to compensate or «offset» an equivalent greenhouse gas emission from another source that can not be easily eliminated by improved efficiency, conservation initiatives or changes in behaviour, carbon offsets help mitigate climate change by creating
a financial mechanism for change.
Not exact matches
There is an urgent need to scale up
financial flows, particularly
financial support to developing countries; to create positive incentives
for actions; to finance the incremental costs of cleaner and low - carbon technologies; to make more efficient use of funds directed toward climate
change; to realize the full potential of appropriate market
mechanisms that can provide pricing signals and economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower costs by creating appropriate incentives
for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and adaptation.
(2007) • Contribution of Renewables to Energy Security (2007) • Modelling Investment Risks and Uncertainties with Real Options Approach (2007) • Financing Energy Efficient Homes Existing Policy Responses to
Financial Barriers (2007) • CO2 Allowance and Electricity Price Interaction - Impact on Industry's Electricity Purchasing Strategies in Europe (2007) • CO2 Capture Ready Plants (2007) • Fuel - Efficient Road Vehicle Non-Engine Components (2007) • Impact of Climate
Change Policy Uncertainty on Power Generation Investments (2006) • Raising the Profile of Energy Efficiency in China — Case Study of Standby Power Efficiency (2006) • Barriers to the Diffusion of Solar Thermal Technologies (2006) • Barriers to Technology Diffusion: The Case of Compact Fluorescent Lamps (2006) • Certainty versus Ambition — Economic Efficiency in Mitigating Climate
Change (2006) • Sectoral Crediting
Mechanisms for Greenhouse Gas Mitigation: Institutional and Operational Issues (2006) • Sectoral Approaches to GHG Mitigation: Scenarios
for Integration (2006) • Energy Efficiency in the Refurbishment of High - Rise Residential Buildings (2006) • Can Energy - Efficient Electrical Appliances Be Considered «Environmental Goods»?
SONGDO, 17 September 2015 — Meeting on the occasion of their Eighth Bilateral Summit, the heads of the Republic of Korea and the European Union stressed the need to tackle climate
change and confirmed their resolve to play their part in concluding a successful universal climate agreement in Paris later this year.The three leaders affirmed their ambition to «make the Green Climate Fund fully operational and the main operating entity of the
financial mechanism» under the UNFCCC
for the Post-2020 climate regime.
Characterized as the best
mechanism for combating climate
change, feed - in tariffs act as
financial incentives
for everyone to produce electricity from green energies such as solar, wind, biogas and run - of - the - river hydro power plants that is fed into the provincial electricity grid.
PERU, LIMA - The meeting in Lima started in a buoyant mood, helped in part by pledges of nearly $ 10bn — including $ 3bn from the US — to the Green Climate Fund, a
mechanism for rich countries to give
financial aid to help the world's poorest countries to cope with climate
change.
This means fast and fair emission cuts in line with science,
financial assistance to developing countries so they can adapt to the impacts of climate
change and tackle urgent development needs, and a
mechanism to compensate
for all that will be lost due to climate
change.
The agreement also establishes a
mechanism for giving tropical nations
financial compensation
for preserving their rain forests and calls
for expanding
financial aid
for countries struggling to adapt to climate
change.
There was agreement that
financial mechanisms, including insurance, can play an important role within a strengthened response to climate
change, and that
financial mechanisms for risk management in developing countries needed to be scaled up.
The GEF is one of the main
financial mechanisms for addressing climate
change and represents a strategic partner
for IFAD.
One important condition
for OMTs is the conditionality attached to a European
Financial Stability Facility (EFSF) or a European Stability
Mechanism (ESM) program, which involves primary market purchases of sovereign bonds and
changes in national monetary policies.
In this article, I look at
mechanisms designed to address the
financial responsibility
for future
changes.