Negative Effects of Industrialization

When exploration of crude oil, coal mining occurs and burning of fossil fuels there is an increase in atmospheric carbon which is higher than natural sedimentation of Carbon as observed in industrialized nations.  In the last two and a half centuries, the concentration of Co2 in the atmosphere has increased by one third. Ecosystems which were a […]

Clean Energy Initiatives of African Development Bank

Africa has huge renewable energy potential with some of the world’s largest concentration of alternative energy resources in the form of solar, wind, hydro, and energy. Overall, 17 countries in sub-Saharan Africa are in the top-33 countries worldwide with combined reserves of solar, wind, hydro, and geothermal energy far exceeding annual consumption. Most of the […]

A Primer on Carbon Footprinting

With rising awareness of global warming and effects of emissions on the environment, businesses and individuals alike are rising to tackle environmental challenges. Carbon footprinting, the first step to reduce carbon emissions, is the total set of greenhouse gas emissions caused directly or indirectly by an individual, organization, event or product. The main reason for […]

Financial Aspects of CDM Projects

The primary goals of CDM projects are to promote sustainable development in developing countries and to allow industrialized countries to earn emissions credits from their investments in emission-reducing projects in developing countries. Any CDM project requires a tremendous amount of administrative work which makes carbon finance a complicated undertaking.  A wide array of transaction costs associated with […]