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QFFD signs Contribution Agreement with Adaptation Fund


QFFD signs Contribution Agreement with Adaptation Fund
 30 Jan 2021 - 9:46
The Peninsula
Doha: The Qatar Fund for Development (QFFD) has signed an unearmarked Contribution Agreement with the Adaptation Fund that will go towards funding adaptation and resilience programs for the most vulnerable countries to climate change.
The new contribution aims to finance climate change adaptation projects in developing countries that are particularly vulnerable to the adverse impacts of climate change, including those in least developed countries (LDCs) and small island developing states (SIDS). 
The new partnership between QFFD and the Adaptation Fund will focus on helping the most vulnerable countries adapt and build resilience to climate change and will be strongly aligned with climate change integration guidelines between both parties.  ....

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Carbon Offset/Carbon Credit Trading Service Market Expected to Reach USD 841.0 Million by 2027 With A CAGR Of 19.9%


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PUNE, India, Jan. 29, 2021 /PRNewswire/ According to a recent market study published by Growth Market Reports (GMR), titled, Carbon Offset/Carbon Credit Trading Service Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast , the market was valued at USD 210.8 Million in 2019 and is expected to grow at a healthy growth rate of 19.9% by 2027. The global carbon offset/carbon credit trading service market is anticipated to grow owing to the increasing demand for carbon credits in developed nations.
 
The global carbon offset/carbon credit trading service market has been fragmented based on types, applications, and regions. Based on types, the market has been divided into industrial, household, energy industry, and others. On the basis of applications, the carbon offset/carbon credit trading service market has been segregated into REDD carbon offset, renewable energy, landfill methane projects, and others ....

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Jokowi's call for global climate action rings hollow: environmentalists


A mockup of a planet earth is displayed at the Rheinaue park during the COP23 United Nations Climate Change Conference in Bonn, Germany. - AFP
JAKARTA (The Jakarta Post/ANN): President Joko Jokowi Widodo called for stronger global commitments to tackle climate change this week, but environmentalists are not buying it.
They complain that Indonesia’s emissions-reduction target has not budged and that national policies are still being pursued at the expense of the environment.
In a prerecorded statement aired at the 2021 Climate Adaptation Summit (CAS) hosted by the Netherlands on Tuesday (Jan 26), Jokowi said that the impacts of climate change were “very real” for archipelagic nations like Indonesia. ....

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