divendres, de març 23, 2007

EIB and World Bank to tackle climate change (Cordis News, March 22)

The European Investment Bank (EIB) and the World Bank have joined forces to create a Carbon Fund for Europe (CFE).

Projects to reduce or remove emissions can be proposed for funding, but must offer a minimum annual emission reduction volume of 100,000 tonnes of carbon dioxide, or equivalent. An implementation plan must also be in place already.

The EUR 50 million fund will be supplied by four governments and one company: Ireland, Luxembourg, Portugal, Flanders in Belgium and Statkraft Carbon Invest. The CFE is designed to help European countries meet their commitments to the Kyoto Protocol and the EU's Emissions Trading Scheme, and will see the fund purchasing carbon credits generated by a project.

Simon Brooks, Vice President of the EIB, said that moving towards a carbon economy involves the development and financing of new ideas, innovative solutions and new technologies. 'There is no single 'golden bullet' to solving the problems of climate change. Instead, we need a broad range of separate initiatives that bring together the experience and knowledge of public and private interests,' he said.

For further information, please see: http://www.eib.org/Attachments/general/pr_2007_022_Questions%20and%20Answers_EN.pdf

1 comentaris:

Anonymous Anònim ha dit...

Seeing these kind of posts reminds me of just how technology truly is undeniably integral to our lives in this day and age, and I think it is safe to say that we have passed the point of no return in our relationship with technology.


I don't mean this in a bad way, of course! Societal concerns aside... I just hope that as technology further develops, the possibility of uploading our brains onto a digital medium becomes a true reality. It's a fantasy that I daydream about all the time.


(Posted on Nintendo DS running [url=http://kwstar88.zoomshare.com/2.shtml]R4 SDHC[/url] DS SPPost)

3:20 p. m.  

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