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IMF: Global carbon price floor would limit global warming
According to the International Monetary Fund, a carbon price of about 75 US-$ per ton in 2030 is necessary in order to reach the required emission reductions Therefore, the IMF urges the Group of 20 countries to establish a global carbon price floor to limit global warming to 1.5 / 2° C. Read more… Or […]
Continue readingDEKA recommends CRREM as a tool to assess and manage carbon performance of real estate
In their “Deka-Immobilienresearch Spezial: Klimaveränderungen und Immobilien“ (Editor’s note: Climate Change and Real Estate), DEKA states that besides extreme weather events, market participants need to focus on carbon emissions and pro-actively participate in the transformation of the building sector in terms of climate change. Therefore, DEKA recommends CRREM (Carbon Risk Real Estate Monitor) as best […]
Continue readingCarbon Prices apply to over a fifth of global GHG emissions according to a new World Bank study
According to the world bank’s “State and Trends of Carbon Pricing 2021” report, the total of 64 carbon pricing instruments applied around the world cover approx. 20 % of global GHG emissions resulting in a revenue of 53 Bn. US-$. However, the study also highlights that most carbon prices are still too low to limit […]
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