Climate change policy

From Africa to Asia, governments considering 'green' bond sales

A raft of developing countries are considering selling bonds earmarked for environmental projects, potentially accelerating growth in a market seen as crucial to efforts to keep global temperatures in check.

France and Poland have in recent months become the first sovereigns to issue 'green' bonds, previously the domain mainly of development banks and companies.

Trading exchange to help reform Greek power market

Greece plans to launch a power trading exchange next year to reform its electricity market in line with European plans for an interconnected energy grid which will help cut costs and improve energy security, it said on Tuesday.

Greece's wholesale electricity market is currently based on a mandatory pool system.

Eleftherios Venizelos Airport is now certified carbon neutral

Athens International Airport recently became carbon neutral after certification by an independent body which attested to the fact that the airport had managed to reduce its CO2 emissions. The airport achieved Level 3+ Neutrality, certified by the independent carbon management program Airport Carbon Accreditation.

Paris climate agreement becomes international law

The Paris Agreement to combat climate change became international law on Nov. 4, putting pressure on countries to take action to slash greenhouse gas emissions and limit global warming. 

This action comes after record-fast ratification by nations reassembling next week for a fresh round of U.N. climate talks. 

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