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Items tagged 'Clean Development Mechanism'

China’s climate deal should give UNFCCC food for thought

  Amid preparations for the United Nations Framework Convention on Climate Change (UNFCCC) climate talks in Bonn this week, the Montreal Protocol quietly announced a decision to fund China’s phase-out of hydrochlorofluorocarbons (HCFCs), a move which will keep eight billion tonnes of greenhouse gases out of the atmosphere. To put that into perspective, eight billion […]

Wealthiest nations to begin funding phase-in of super greenhouse gases

Montreal, Canada:  Faced with a funding shortfall for eliminating ozone-depleting substances (ODS), the Montreal Protocol is preparing to spend hundreds of millions of dollars to phase in hydrofluorocarbons (HFCs) – even though these substances could sabotage international efforts to halt global warming. Despite its reputation as the most successful environmental accord in history, the Montreal […]

Companies urged to reject HFC-23 credit trade

Carbon credit value means greenhouse gas is made just for destruction   THE London-based Environmental Investigation Agency is today calling on 10 major UK businesses to lead the way and take a credible stand against greenhouse gas emissions by ceasing to trade in deeply flawed HFC-23 carbon credits. HFC-23 is a potent greenhouse gas which […]