Tag Archives: development
Dubai’s external cosmetics trade posts all-time high
Dubai’s external cosmetics trade posts all-time high Staff Report / 31 May 2013 The rapidly substantial expansion in the development of the cosmetics market has created an increased stature in Dubai’s external trading in perfumery and beauty products, with a total value of Dh16 billion in 2012 from Dh15 billion in 2011. It has consistently increased, posting Dh12 billion in 2010 and Dh11 billion in 2009. Dubai Customs statistics pacing with the Beautyworld Middle East trade exhibition, which concluded on Thursday, showed that the emirate’s perfumes and cosmetic products imports amounted to Dh10 billion, while imports and re-exports reached Dh6 billion, reflecting existence of an active cosmetic products market within Dubai, supporting trading in such products through that it takes place towards regional and international markets. Visitors at the Beauty World exhibition at Trade Center in Dubai on Wednesday-KT photo by Mukesh Kamal France tops the countries from which Dubai imports perfumery and beauty products, with imports recording Dh2.6 billion in 2012, a 27 per cent of the total imports, followed by the US with a total value of Dh1 billion, an 11 per cent share. Germany follows with imports valued at Dh935 million with a share of 10 per cent. The contribution of these three countries — which are considered the largest, most prominent perfumery and beauty products importing market in the world — to Dubai totals 47 per cent of the overall imports of these products. In the domain of exports and re-exports, Saudi Arabia ranked first with a share of 18 per cent, equivalent to Dh1 billion, followed by Kuwait with seven per cent (Dh440 million) and US with six per cent (Dh367 million). The total share of these countries is 31 per cent of the overall exports and re-exports in the cosmetics sector. Perfumery is at the top of Dubai’s external beauty products trade, representing 22 per cent of total imports with a value of Dh2.15 billion, and 26 per cent of exports and re-exports at Dh1.6 billion. Pak firms showcase stuff Nine leading beauty product manufacture and distributor companies from Pakistan, under the banner of the Trade Development Authority of Pakistan, participated in the 2013 Beautyworld Middle East exhibition. Consul-General of Pakistan Tariq Iqbal Soomro visiting the country’s pavilion at the exhibition. The trade fair is the largest international expo for beauty and hair products, fragrances and well-being in the Middle East and is also one of the top five exhibitions worldwide. The internationally-recognised exhibition is one of the key trading platforms for the beauty products industry. Leading Pakistani companies from the industry have taken part in the previous chapters of this exhibition, which has helped in popularising Pakistani beauty products. Pakistani firms showcased their beauty products and equipment relating to manicures and pedicures, hair removing creams, peeling and fairness ranges, beauty scissors, cosmetics, oils, shampoos and different kinds of cream products. business@khaleejtimes.com Continue reading
New EU Climate Policy Unlikely Before 2015: Poland
May 23, 2013 Poland’s Minister of the Environment Marcin Korolec is pictured in Rio de Janeiro, on June 22, 2012. The European Union is unlikely to hammer out its new policy on global warming ahead of a global climate deal that could be clinched in 2015, … more The European Union is unlikely to hammer out its new policy on global warming ahead of a global climate deal that could be clinched in 2015, Poland’s environment minister said Wednesday. “A long discussion on climate change is getting underway. There’s no chance that new measures will be adopted during the current terms of the European Parliament and the European Commission,” minister Marcin Korolec told Poland’s PAP news agency. In its efforts to reduce global warming, the international community is to draw up new, universal climate pact by 2015, which should come into effect by 2020. Korolec’s comments come after UN climate chief Christiana Figueres warned last week that the world had entered a “new danger zone”, with record levels of Earth-warming carbon dioxide (CO2) in the atmosphere. Korolec believes Brussels could soon propose cutting EU fossil fuel imports by 30 percent by 2030, and back production of electric cars. The 27-member EU—struggling to overcome recession sparked by the eurozone’s lumbering debt crisis—should also ban costly and inefficient energy subsidies as a means of forcing the development of new, economically viable, power solutions, he said. Korolec also slammed a European Commission proposal to freeze a portion of carbon emission quotas under the EU’s Emissions Trading System (ETS) in order to drive up the price of those on the market. “It raises doubts when the European Commission itself proposes to intervene in a market system which it set up in the first place,” he said. “Poland has opposed this from the start and I’m confident that the European Parliament will reject it again,” he added. The parliament refused to raise the price on greenhouse gas emission quotas in April to avoid further burdening heavy industries in Europe already feeling the effects of the eurozone crisis. The European Commission revealed last week that the EU’s emissions were down 2.0 percent in 2012, reflecting the economic slowdown . The ETS covers more than 12,000 power plants and manufacturing installations across the EU plus Norway and Liechtenstein, according to the Commission. It is a key part of EU efforts to reduce its CO2 emissions by some 20 percent by 2020, compared with 2005 levels. Read more at: http://phys.org/news…poland.html#jCp Continue reading
Gold Standard Expands: New Quality Label For Forest Climate Projects
by S. C. For years, the ForestFinance Group, based in Bonn, Germany, has successfully implemented projects according to the CarbonFix Standard under the brand CO2OL. Now, the Gold Standard Foundation has extended its original renewable energy and energy efficiency project scope into land-use and forests and acquired the CarbonFix Standard which will form a core part of “Gold Standard version 3.0”. However, this will have no effect on the strict quality criteria that had to be met by CarbonFix projects: these will also be applied to Gold Standard projects. Projects such as the forest climate protection project „CO2OL Tropical Mix“ that have been validated and verified according to the CarbonFix Standard will therefore become so-called “Transition Projects” that will now be managed by the Gold Standard. CarbonFix and Gold Standard guarantee additionality of carbon forest projects ”The Gold Standard guarantees the CO2 fixing, the permanence and additional social and ecological benefits of our carbon forest projects in the same way as the CarbonFix Standard before,“ explains Dirk Walterspacher, CEO Carbon Business of the ForestFinance Group. “As the project developer with the greatest expertise in the development of CarbonFix projects, CO2OL offers the most diverse portfolio of so called “Transition Projects” that are from now on managed by the Gold Standard.“ Project developer CO2OL: climate protection standards pioneer with expertise For more than 14 years, CO2OL has managed high-quality climate protection afforestation projects for numerous companies and organisations. „CO2OL Tropical Mix“ was the world’s first reforestation project to be verified according to the CarbonFix Standard, thereby proving its transparent and effective CO2 fixing. Apart from this project in Panama, CO2OL holds a portfolio of projects in Bolivia and Ethiopia that are now also transition projects. Thus, CO2OL has the biggest existing portfolio in the field of high-quality forest climate protection projects. “Gold Standard will increase demand for high-quality carbon forest projects” „It has always been an attractive option for companies to voluntarily compensate greenhouse gas emissions by establishing new forest ecosystems, particularly as these projects also address other sustainability aspects such as biodiversity and value chains in the project countries. Due to their high emotionality and low complexity, they are perfect for communicating the company‘s commitment to customers,“ says Walterspacher. „The fact that these projects now can be certified according to the Gold Standard will increase the demand for high-quality carbon forest projects significantly.“ Apart from the possibility to buy carbon credits from the three projects that have already been certified under the Carbon Fix Standard, CO2OL also offers to establish „company forests“ as individual forest climate projects. by S. C. 28 May 2013 Teatro Naturale International n. 5 Year 5 Continue reading
