State and Trends of the Carbon Market 2008State and Trends of the Carbon Market 2008
Author: World Bank
Date: May 2008
Description: The global carbon market grew to a whopping US$64 billion (€47 billion) in 2007, more than doubling over 2006, according to a new report from the World Bank highlighting the state and trends of the global carbon market. The European Union Emission Trading Scheme (EU ETS) also saw a doubling of both value and number of allowances transacted to the tune of US$50 billion (€37 billion).

REN21: Global Status Report
Author: Renewable Policy Energy Network
Date: February 2008
Description: REN21 is a global policy network in which ideas are shared and action is encouraged to promote renewable energy. It provides a forum for leadership and exchange in international policy processes. It bolsters appropriate policies that increase the wise use of renewable energies in developing and industrialized economies.

Bali Bearings: Reading the Roadmap to a Post-Kyoto Deal
Author: Mark C. Lewis, Deutsche Bank
Date: December 2007
Description: In a dramatic end to the 13th COP in Bali, all 192 member countries of the United Nations Framework Convention on Climate Change (UNFCCC) agreed that “deep cuts in global emissions will be required to achieve the ultimate objective of the Convention”. All 192 countries also agreed to finalizing a successor treaty to the Kyoto Protocol by the end of 2009, to take effect from 2013. Bali thus sets out a roadmap for negotiations over the next two years, and with the EU continuing to take the lead on this issue we retain our price forecast of EUR35/t for 2008 EUAs ... more

The Impact of Aviation on EU Allowance Prices
Author: ICF International for IETA
Date: June 2007
Description: Tthe International Emissions Trading Association (IETA) released a study conducted by ICF International on the impact on EU allowance prices of Aviation entry into the EU ETS. Based on results obtained, this study finds that under the three carbon market scenarios examined, adding aviation to the EU ETS is not likely to have a material effect on EUA prices in the first Kyoto compliance period, 2008-2012.

What’s needed in poor countries, and who should pay
Author: Oxfam
Date: May 2007
Description: Climate change is forcing vulnerable communities in poor countries to adapt to unprecedented climate stress. Rich countries, primarily responsible for creating the problem, must stop harming, by fast cutting their greenhouse-gas emissions, and start helping, by providing finance for adaptation. In developing countries Oxfam estimates that adaptation will cost at least $50bn each year, and far more if global emissions are not cut rapidly. Urgent work is necessary to gain a more accurate picture of the costs to the poor. According to Oxfam’s new Adaptation Financing Index, the USA, European Union, Japan, Canada, and Australia should contribute over 95 per cent of the finance needed. This finance must not be counted towards meeting the UN-agreed target of 0.7 per cent for aid. Rich countries are planning multi-billion dollar adaptation measures at home, but to date they have delivered just $48m to international funds for least-developed country adaptation, and have counted it as aid: an unacceptable inequity in global responses to climate change.

International Energy Outlook 2007
Author: Energy Information Administration (EIA)
Date: May 2007
Description: The Energy Information Administration (EIA), the independent statistical and analytical agency within the U.S. Department of Energy, released the International Energy Outlook 2007 report on May 21, 2007, in PDF format. The report provides an assessment of international energy markets with projections of worldwide energy production and consumption by fuel type and region to the year 2030. The report also provides projections of energy-related carbon dioxide emissions by source.

EU Energy Policy
Author: European Commission
Date: April 2007
Description: EU survey shows strong support for renewables: The European Commission has released a report conducted by the Gallup Organisation on attitudes on issues related to EU energy policy. The fieldwork for the report was conducted in February and topline results were released earlier this year under the framework of the ‘Flash Eurobarometer.’ The survey covered all 27 member states of the EU on a randomly selected sample of 25,800 adults. The study was designed to understand to what extent citizens link the way energy is produced and used to global climate change, to assess their perceptions regarding various possible actions in saving energy, and to explore the willingness of citizens to involve the EU in resolving these issues.

Climate Change Impacts, Adaptation and Vulnerability
Author: IPCC Working Group II
Date: 6 April 2007
Description: Working Group II Contribution to the Intergovernmental Panel on Climate Change Fourth Assessment Report Climate Change 2007: Climate Change Impacts, Adaptation and Vulnerability Summary for Policymakers

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