(Reuters)- South Africa is looking to introduce a carbon tax next year to reduce harmful greenhouse gas emissions, although nearly two-thirds of emissions will be tax-exempt until 2020 to lessen the impact on industry, the treasury said on Wednesday.
Norway Provides the UN Environment Programme With Over U.S.$30 Million of Support
As a tangible commendation of the mandate and achievements of the UN Environment Programme (UNEP), the Government of Norway has committed NOK 200 million (US$35 million) for the 2012-2013 biennium to support activities across UNEP's Programme of Work.
Preparedness for REDD+ Climate Finance - Vietnam, Mexico & Zambia
Reducing emissions from deforestation and forest degradation, including conservation, forest management and enhanced carbon stocks (REDD+), is an evolving international climate finance mechanism that may provide considerable sustainable development opportunities for developing countries.
Mondi invests in energy projects as it targets 97.5% self-sufficiency
Pulp and paper group Mondi on Thursday confirmed it had put aside €170-million in capital expenditure for energy and debottlenecking projects, with the aim of achieving 97.5% energy self-sufficiency across its operations.
Tesco and Unilever beef up rainforest protection efforts
Two of the world's largest brands, Tesco and Unilever, have today launched major new initiatives designed to enhance rainforest protection and improve the sustainability of global supply chains.
Bunge Buys Climate Change Capital After C02 Prices Plunge
Bunge Ltd. (BG), the world’s second- largest oilseed processor, won approval to acquire Climate Change Capital, a London fund manager that manages the world’s largest private-sector carbon fund, after C02 prices slumped to a record.
SCA offers to acquire Asian hygiene products company
SCA has made a binding offer to acquire the Taiwan-based hygiene products company Everbeauty. The purchase price for the deal amounts to approximately SEK 1.9bn (USD 290m) on a debt-free basis.
Global sawlog prices fell in late 2011, especially in lumber export-oriented countries such as Western Canada, Finland, Sweden, Russia and New Zealand, reports the Wood Resource Quarterly.
