doha

Doha snapshots 5: Turkish Ambassador's climate confusion / Tweets everywhere / Monckton evicted / Aviva builds in ESG / Amazing fact of the day

Submitted on Sat, 2012-12-08 12:19

At one of the final side events by the Turkish industry and business association, TÜSİAD, the talk is at first all about carbon. But carbon credits are not going to be a big driver of emission reductions in Turkey.

 

Turkey is growing fast, and energy demand is growing even faster as the middle class expands; but 70% of primary energy supply is dependent on fossil fuel imports, largely from sometimes capricious Russia. These fuel imports are responsible for the bulk of Turkey's sizeable current account deficit.

Doha 3: India supports GCF leveraging / Torben wants Climate Bonds / What Brooks said to Barker / UK goes for emission-target wrecking gas / And Bopha blasts / Bianca Jagger tweets forests / WB rpt says ME to get hotter (is that possible?) / Amazing fact

Submitted on Thu, 2012-12-06 08:17

Big news: India is apparently OK with the Green Climate Fund being used to guarantee loans for climate finance – exactly what we’ve been pushing hard for at Climate Bonds. India’s lead climate negotiator Mira Mehrishi said it “would be extremely welcome because we are always looking to leverage money that’s available”.

 

She even said that India may consider agreeing to rules set down by the fund! Expect that to include removing remaining fossil fuel subsidies.

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Doha snapshots: Bissett & Steer: adaptation affects Everything / At least Tajikistan is adaptation planning / Astounding fact of the day / Korean Minister pokes negotiators

Submitted on Wed, 2012-12-05 07:53

At a UNEPFI-CMIA forum in another of Doha's swish hotels, discussing mobilizing private sector finance of mitigation and adaptation projects. Rosemary Bissett of National Australia Bank, posits: