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The Wood and the Trees
The World Bank has announced the Forest Carbon Partnership Facility. This fund will pay hundreds of millions of dollars to developing countries to protect and replant tropical forests, which store carbon and keep it out of the atmosphere. This is … Continue reading
Posted in Climate change policy
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Elastics
In the days before Pampers, babies wore cloth nappies. Mums would put a pair of elastics over the nappy to keep things dry. Economically speaking, elasticity gave protection against liquidity events. Today, better exploitation of elasticity could help stave off … Continue reading
The reverse missionary
The Reverend Atahualpa Nahuel Velazquez Kovács, Deacon of the Social Technology Centre of Bivalyhernád, sat back, took a sip of his favourite Bruichladdich whisky, and lit his last organic cheroot of the day. Simple luxury was his by-word. Or his … Continue reading
Posted in The Chronicles of Nat Eb
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Revisiting Green Investment Schemes II (How to spend it)
Every two weeks the Financial Times loses its pink blush of modesty to reveal to us the luxurious, indulgent world of the super-rich. A dizzying whirl of minimalist architecture, adventures to tropical islands, truffles and chateaux, vintage cars, impossible gadgets, … Continue reading
Posted in Climate change policy
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Revisiting Green Investment Schemes I
Green Investment Schemes are finally starting to happen. Several countries of Central Europe are in serious negotiations with West European counterparties to sell Assigned Amount Units (AAU) and use the proceeds for setting up Green Investment Schemes. After many years … Continue reading
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