Europe

UNFCCC Releases Submissions on the New Market Mechanism [viewed]

UNFCCC26 November 2012: The UN Framework Convention on Climate Change (UNFCCC) Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG LCA) released additional submissions from Cyprus and the European Commission (EC) on behalf of the EU and its member States and Papua New Guinea on views on the new market based mechanism.

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EEA Report Identifies Climate Change Impacts and Vulnerability in Europe [viewed]

EEA20 November 2012: The European Environment Agency (EEA) has published a report, titled “Climate Change, Impacts and Vulnerability in Europe 2012: An Indicator-Based Report,” which stresses that climate change already has observable impacts on environmental and social systems in Europe and that further impacts are anticipated in the future.

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Switzerland and Peru Collaborate on GFCS Climate Project [viewed]

WMO30 October 2012: Peru and Switzerland have formed a partnership under the Global Framework for Climate Services (GFCS) to conduct the "Climatic Services with Emphasis on the Andes in Support of Decision-making" (CLIMANDES) project. The project was announced during the World Meteorological Congress Extraordinary Session on the GFCS held from 29-31 October 2012 in Geneva, Switzerland.

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EC Proposes One-Year Deferral of EU ETS International Aviation Compliance [viewed]

20 November 2012: The European Commission (EC) presented a legislative proposal to “stop the clock” on monitoring and reporting of aviation emissions for flights into and out of Europe, by deferring for one year the requirements under the EU Emissions Trading System (ETS) for airlines to surrender these emission allowances. Flights within Europe will continue to be covered by the regulation.

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Nordic Countries, IEA Plan for Regional Carbon-Neutral Energy System by 2050 [viewed]

20 November 2012: Developing a carbon-neutral energy system in the Nordic region by 2050 is possible, according to a report preview released by the International Energy Agency (IEA) in collaboration with Nordic Energy Research and other research institutes.

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ICAO Council Forms High-Level Group on Market-Based Measures, EU ETS "Stops the Clock" on Aviation [viewed]

15 November 2012: At the International Civil Aviation Organization (ICAO) Council meeting on 9 November 2012, Council members agreed to form a High-level Group to provide recommendations related to the feasibility of a global market-based measure (MBM) scheme for greenhouse gas emissions from international aviation and to develop a policy Framework to guide the general application of any proposed MBM for air transport activity.

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UNFCCC Releases Report on National GHG Inventory Data for 1990-2010 [viewed]

UNFCCC16 November 2012: The UNFCCC Secretariat has released a report on national greenhouse gas (GHG) inventory data for the period 1990-2010 for all 42 Annex I Parties (FCCC/SBI/2012/31). It highlights that total aggregate GHG emissions excluding land use, land-use change and forestry (LULUCF) decreased by 8.9%, and including LULUCF decreased by 14.6%.

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European Commission Study Outlines Options for a New UNFCCC Market Mechanism [viewed]

14 November 2012: The European Commission has released a study of design options for the new market mechanism (NMM) defined in the outcomes of the Durban Climate Conference, which took place in December 2011, under the UN Framework Convention on Climate Change (UNFCCC).

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European Commission Presents Options on EUETS Reform [viewed]

14 November 2012: The European Commission has presented options for reforming the EU Emissions Trading System (EUETS) to resolve the problem of supply-demand imbalances of emission allowances. The proposal calls for back-loading auction volumes in 2013 to reduce the allowance surpluses that have accrued during the economic crisis, and launching a debate on structural reform measures.

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European Council Adopts Conclusions on Climate Finance [viewed]

13 November 2012: The European Council adopted conclusions on climate finance during the 3198th meeting of the Economic and Financial Affairs Council. The Council confirmed contribution to date of €7.1 billion by the EU to meet its fast start finance (FSF) commitments under the UN Framework Convention on Climate Change (UNFCCC).

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