Climate Change

In 2016, the historic Paris Climate Change Agreement accelerated already growing markets for climate-smart investment. And 2015 was another record-breaking year for renewable energy, with nearly $350 billion invested, more than double the amount going to fossil-powered generation. The growing attraction of climate business was evident at last year’s UN Climate Change Conference in Marrakesh, where more and more major ...

In an article published recently in “Climate Change – The New Economy”, Patricia Espinosa, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC) and the UN’s top climate change official, calls on G7 leaders to heavily invest in ventures aimed at tackling the climate change scourge Less than two years following the adoption of the Paris Climate Change ...

Deutsche Bank in London on Tuesday, May 23, 2017 signed an Accreditation Master Agreement (AMA) with the Green Climate Fund (GCF), enabling the Bank to receive and use GCF capital to raise further funds from private sector investors to support action on climate change. The agreement was signed by Nicolas Moreau, Head of Deutsche Asset Management and member of the Management Board ...

Ahead of the G7 meeting hoding May 26 to 27, 2017 in Taormina, Italy, lawmakers from nations in the North Atlantic Treaty Organisation (NATO) are warning that climate change will lead to conflict and mass migration in the Middle East and North Africa, and are pressing governments to stick to their commitments under the 2015 Paris Climate Agreement, notably pledges ...

Integrating measures to tackle climate change into regular economic policy will have a positive impact on economic growth over the medium and long term, according to a new Organisation for Economic Co-operation and Development (OECD) report prepared in the context of the German Presidency of the G20. Investing in Climate, Investing in Growth shows that bringing together the growth and climate ...

Frank Bainimarama, Fiji’s Prime Minister and incoming president of the UN Climate Change Conference in Bonn in November (COP23), on Monday, May 22, 2017 at the 8th Petersberg Climate Dialogue in Berlin, Germany notes that it is only by the entire world coming together as one to address the impacts of climate change can the phenomenon be effectively tackled The Petersberg ...

The United Nations Climate Change Conference in Bonn, Germany came to a conclusion on Thursday, May 18, 2017 with Chair of the Least Developed Countries (LDC) group, Gebru Jember Endalew, saying that even though delegates made some amount of progress, things could however have turned out better. He said: “The LDCs are pleased that some valuable progress was made during ...

Prime Minister of Fiji, Frank Bainimarama, as incoming President of the UN Climate Change Conference in November 2017 in Bonn, Germany, addressed delegates on Thursday, May 18 2017, the final day of the May UN Climate Change Conference in the former German capital. In his address, he set out his vision for Fiji’s Presidency of COP23. Excerpts: Certainly, the ball is being passed ...

Negotiators at the UN climate change talks in Bonn, Germany have been working through details of the Rulebook, an operational blueprint that will ensure the effective implementation of the Paris Agreement. Observers are applauding progress made in Bonn, with negotiators advancing work on the implementation of the Paris Agreement. Indeed, countries reportedly stayed focused on the task at hand: building ...

United Nations climate change talks inched slightly closer to finalising a rule book on how to implement the Paris Agreement, in spite of continued U.S. intransigence across a host of technical and political issues. With only a few years before the window of opportunity to meet the 1.5 temperature target closes, civil society groups had advocated for progress on a number ...