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The Ministry of Finance has signed an agreement with the Nordic Environment Finance Corporation, NEFCO, to purchase carbon credits in the second commitment period of the Kyoto Protocol (2013-2020). Through this agreement Norway will purchase up to 30 million credits from stranded UN-approved projects facing a risk of discontinuation due to the low CER prices.
As outlined in the Revised National Budget, the Government emphasized that the credit procurement will support the development and legitimacy of the international market for carbon offsets. Due to the situation in the market, with a huge oversupply of credits and low prices, this implies that the program will only procure credits from existing projects facing a risk of discontinuation and from new projects. The program will rely on the UN-approval of carbon credits and on the guidelines for the program in the first Kyoto period.
NEFCO is an international financial institution owned by the five Nordic countries. NEFCO mainly finances environmental-related projects and investments, in order to generate positive environmental effects for the Nordic region. It's Carbon Finance and Funds department operates globally, and has assets under management including carbon finance facilities, climate guarantees and technical assistance products totaling EUR 230 million.
AKVA group has seen a strong market response to the new AKVAconnect feeding system, released late 2016 into the Chilean market. Customer feedback has been very positive resulting in a strong increase in sales.
The project forms part of the larger 1 GW Mohammed bin Rashid Al Maktoum Solar Park
Chalet and Chaletino from BOEN is parquet flooring made with exceptionally wide and long planks of the finest timber.
Vestdavit and all staff would like to express sincere thanks for the inquiries and good wishes sent to us by our industry partners,
Technip FMC and DOF Subsea announce the delivery of Skandi Búzios and commencement of contract with Petrobras.
DNV GL has been awarded Arizona Public Service Company (APS) 2017 Supplier of the Year Award for Customer Service in recognition of its work helping APS deliver the Solutions for Business energy efficiency program.
DNV GL advises respected lenders, including Santander, on their GBP 210 million investment in a new 151 MW onshore wind portfolio.
In a new survey, half of the young women who want to study technology say that they lack female role models. With a mentoring programme for high schools and the browser extension Re-Search, technology company Semcon hopes ...
Akvaplan-niva and Roscongress sign agreement for cooperation between Arctic Frontiers and Arctic: Territory of Dialogue.
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