Carbon finance

Sofia, together with eight other European capitals - Rome, Paris, Amsterdam, Madrid, Copenhagen, Vienna, Brussels and Helsinki, sent a joint letter to European institutions, which calls for uniform measures against air pollution from transport, inform Sofia Municipality, reports investorbg. 

On Tuesday, the fractured Dutch government announced a coalition of several leading parties and put forward a roadmap for the Netherlands' future. Besides reaffirming the country's support of the EU and offering tax and immigration plans, the coalition said that it wanted all new cars to be zero-emissions vehicles by 2030.

By next month the calculation of the social security contributions of 1.4 million self-employed professionals, freelance workers and farmers will have started, based on their 2016 incomes, and by the end of the year the process of offsetting rebates against any contribution debts will be completed according to a law recently passed through Parliament.

The revised fiscal adjustment program (MoU) approved by the EuroWorking Group includes a package of new harsh measures, according to sources.

The Paris Environmental Agreement entered into force officially on Friday, reported Reuters, cited by BTA.

This will put pressure on nearly 200 countries to start reducing greenhouse gases emissions.

The agreement is aimed at keeping the increase in global average temperature to well below 2°C above pre-industrial levels.

Nearly 200 nations have accepted a deal for the reduction of greenhouse gases used in refrigerators and air-conditioners, reported Reuters.

India, the world's third biggest carbon emitter, was set to ratify the Paris agreement on climate change on Oct. 2 on the birthday of the country's famously ascetic independence leader Mahatma Gandhi.

India, with a population of 1.3 billion people, is the latest big polluter to formally sign onto the historic accord which now takes a major step towards becoming reality.

Reliable and transparent monitoring and emissions reporting are "step one" for an emerging carbon market, European Union Policy Director at International Emissions Trading Association Sarah Deblock said as she discussed the country's road map in energy transition within COP21 objectives.

Global economic growth did not translate into more harmful greenhouse gas emissions from the energy sector last year, the IEA said on March 16, a strong indication that growth and increased pollution no longer go hand in hand.

At long last, after years of bickering and weeks of intense bargaining, the world's leaders acknowledged the current dismal state of the environment in Paris on Dec. 11 and pledged their support to attempt to prevent a global catastrophe in the foreseeable future by agreeing on several preventive measures. The latest U.N. Climate Conference that took place in Paris between Nov. 30 and Dec.