CERs issued for 10 Indian projects (15 Issuance) . Total CERs Issued from Indian Projects-
12,353,233
IPCC Adopts New Guidelines For National Greenhouse Gas
Inventories
Small-scale Working Group recommends "projects under category III are only accepted as small-scale if annual emission reductions are below 25,000 t CO2 equivalent"
New SSC project category III.J. "Avoidance of fossil fuel combustion for carbon dioxide production to be used as raw material for industrial processes"
"Finnder" the new Finnish Carbon Procurement Programme - is seeking 10 million tonnes of emission reductions by 2012
Major office equipment maker Omron Corporation will purchase CO2
emission credits arising from a CDM project being implemented in
India by major trading firm Sumitomo Corporation.
Nagoya Carbon & Technology Exchange (NCTX) is gearing up to
introduce a full-ledged greenhouse gas emission trading system
in July
The Asia Development Bank (ADB) will establish a fund worth
about $130 million to help reduce emissions of greenhouse gases
in developing countries
Japan Oil, Gas and Metals National Corporation (JOGMEC) has
agreed with a unit of Indian national oil company Oil & Natural
Gas Corporation (ONGC) to cooperate in oil and natural gas
exploration
Reinsurer Swiss Re and US environmental investor RNK Capital jointly launched Insurance Policy for CERs, which
will reduce project developer risks related with CERs delivery from a CDM project
North Eastern states ready to
tap CDM potential in hydro and gas projects
