ECO2, Bangkok 2012, English Version

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August 30, 2012 - 6:40pm

Since the decision to establish a new market mechanism (NMM) and an international framework for new bilateral or regional market mechanisms at COP17 in Durban, ECO hasn’t noticed much progress. None of the details have been worked out and even insiders are unclear about what new mechanisms could look like and what the role of the so-called “common framework” should be.

August 30, 2012 - 6:38pm

ECO cautiously welcomes the announcement made this week by Australia and the EU that they have entered into negotiations to link their carbon trading schemes by 2018. If implemented with ambition, this could be a positive step toward greater international cooperation in carbon pollution reductions.

August 30, 2012 - 6:36pm

What do the Beijing and Manila floods, US drought and hurricanes, and record low Arctic summer sea ice cover tell us? That climate impacts are a reality and, particularly with respect to sea ice, are happening faster than we thought. Report after report also tells us that current mitigation pledges are insufficient.