By Joseph Stiglitz and Nicholas Stern
Published: March 2 2009 on Financial Times

We face two crises: a deep global financial crisis, caused by inadequate management of risk in the financial sector; and an even deeper climate crisis, the effects of which may seem more distant but will be determined by the actions we take now.

The scale of risk from climate change is altogether of a different and greater magnitude, as are the consequences of mismanaging or ignoring it. The US, in particular, has a window of opportunity to act on the financial crisis and, at the same time, lay the foundations for a new wave of growth based on the technologies for a low-carbon economy. Continua a leggere questo articolo…

Best practice from the Carbon Information Leaders
A joint CDP and IBM Study

For six years, companies globally have been reporting their carbon emissions data and climate change strategies to the Carbon Disclosure Project (CDP), a collaboration of 385 investors, holding $57 trillion in assets under management.

CDP and IBM are partnering together for the first time to investigate how some of the world’s leading companies on climate change are actually collecting this data and how they are addressing issues of carbon management across their business.

Through interviews with leading companies across a range of sectors, CDP and IBM have uncovered some fascinating insights into best practice and the key drivers in successful carbon management. Continua a leggere questo articolo…

Carbon Markets and Investors Association to represent three quarters of global market at international climate talks

Great Britain - London, Aug 6 - The two leading carbon market trade associations have announced they are to join forces as they attempt to strengthen their lobbying position ahead of critical international negotiations.

The Carbon Markets Association (CMA) and International Carbon Investors and Services (INCIS) are to merge to form the Carbon Markets and Investors Association (CMIA), a trade group incorporating 60 organisations accounting for an estimated three quarters of the transaction value in the $64bn global carbon market. Continua a leggere questo articolo…

EU ETS (Emissions Trading Scheme) dominates with 70% of global carbon transactions, worth €30bn.

The global carbon market has generated almost as much money in the first half of this year as it did throughout the whole of 2007, according to Point Carbon, the leading provider of market intelligence, news, analysis, forecasting and advisory services for the energy and environmental markets. A total of 1.8 Gt CO2e was traded globally in the first half of this year, worth some €38bn ($59bn), compared to €40bn for all of 2007. The aggregate worth of transactions in the first half of this year is already a full 94 percent of the value for all transactions in 2007. This is due to several factors, notably a higher average carbon price of €20.61 per tonne CO2e, up from €13.36 over the same period last year. Healthy EUA and secondary CER volume growth has also contributed. Continua a leggere questo articolo…

Milano, 3 luglio 2008 - Sorgenia SpA, società controllata dal Gruppo CIR e partecipata dall’austriaca Verbund, ha presentato alla Comunità Finanziaria il Business Plan 2008-2012. Continua a leggere questo articolo…