News and Blogs

EC Proposes One-Year Deferral of EU ETS International Aviation Compliance

The EC presented a legislative proposal that aims to support the efforts of the International Civil Aviation Organisation (ICAO) to regulate aviation emissions. The proposal suggests a one-year deferral of airline requirements to surrender emissions allowances for flights into and out of the EU. Flights operating within Europe remain covered by the regulation.
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Event: Transforming Transportation 2013

The World Bank and the World Resources Institute’s (WRI) sustainable transport center, EMBARQ, will co-host the 10th annual “Transforming Transportation” event on sustainable transport. The 2013 agenda will discuss, inter alia: capitalizing on the multilateral development banks’ $175 billion commitment for sustainable transport made during Rio+20; opportunities for sustainable transport in China, India and Latin America; integrating urban transport and development; improving transport health and safety in cities; and bringing shared bicycle solutions to scale in developing countries.
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ICAO Council Forms High-Level Group on Market-Based Measures, EU ETS "Stops the Clock" on Aviation

The International Civil Aviation Organization (ICAO) Council agreed to form a High-level Group regarding the feasibility of a global market-based measure for international aviation and to develop a policy Framework to guide its application. In response, the EU will “stop the clock” on enforcement of the inclusion of aviation in the EU’s Emissions Trading Scheme (ETS) on flights to and from Europe until autumn 2013.
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Global Compact, Accenture Release Reports on Business Opportunities for Sustainable Energy for All

The reports highlight that improving energy efficiency in operations, products and services, and the increased use of renewable energy are key priority action areas for business to support the UN Secretary-General’s Sustainable Energy for All (SE4ALL) initiative, while they also emphasize that industry-wide standards should be developed as well as new financing mechanisms to overcome risks associated with the suggested action areas.
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IMO, ICAO Report on GHG Emission Reductions Efforts

ICAO reports on initiatives focused on four key areas, including on: States’ action plans and assistance to States; sustainable alternative fuels for aviation; market-based measures; and global aspirational goals. The submission to the UNFCCC presented by IMO highlights that its Marine Environment Protection Committee (MEPC) has been considering as part of its agenda actions to address GHG emissions from ships engaged in international trade.
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IEA Reports Sales of 1.2 Million Electric Vehicles, 2.5 Million Hybrid Vehicles in 2011

A report from the International Energy Agency (IEA) Implementing Agreement for co-operation on Hybrid and Electric Vehicle Technologies and Programmes (IA-HEV) offers a snapshot of hybrid and electric vehicles (H&EVs) around the world, and explores global growth in the H&EV market in 2011, reporting sales of 1.2 million electric vehicles, including e-bikes and scooters, and 2.5 million plug-in hybrid electric vehicles in that year.
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Global Fuel Economy Initiative Launched for the African Region

Fifty participants from 20 African countries convened at UN Environment Programme (UNEP) headquarters for the Global Fuel Economy Initiative (GFEI) regional launch in Africa. Motivated by high rates of vehicle growth in Africa, the workshop aimed to identify policy shortcomings and the need to monitor vehicle import trends as a strategy to promote fuel efficient cars.

Participants considered the results from two GFEI country pilots in Kenya and Ethiopia, which demonstrated the potential for African countries to take advantage of improvements in the vehicle fuel economy.

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World’s Largest Development Banks Join Together at Rio+20 to Invest $175 Billion for the Creation of More Sustainable Transport Systems

RIO DE JANEIRO, BRAZIL (20 June, 2012)—The eight largest multilateral development banks (MDBs) announced today that they will invest US$175 billion to finance more sustainable transportation systems over the coming decade, boosting equitable economic development and protecting the environment and public health across the developing world. The pledge by the Asian Development Bank, the World Bank and six other MDBs was made at the start of United Nations Conference on Sustainable Development (also known as Rio+20).

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