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Tag Archives: climate change

Financial app reduces carbon footprint of 200 million Chinese consumers

Eric Jing  Financial app reduces carbon footprint of 200 million Chinese consumers Eric Jing

Some 200 million Chinese users of a digital payment giant are now using an app that gamifies carbon footprint tracking – cutting greenhouse gas emissions and demonstrating the massive potential of Fintech (financial technology) for supporting sustainable development. A report released on Tuesday, May 30, 2017 by the Green Digital Finance Alliance, which works to make the benefits of greening ...

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Strong carbon pricing needed to drive climate action, say experts

Joseph Stiglitz and Nicholas Stern  Strong carbon pricing needed to drive climate action, say experts Joseph Stiglitz and Nicholas Stern

Meeting the world’s agreed climate goals in the most cost-effective way while fostering growth requires countries to set a strong carbon price, with the goal of reaching $40 to $80 per tonne of CO2 by 2020 and $50 to $100 per tonne by 2030. That’s the key conclusion of the High-Level Commission on Carbon Prices, led by Nobel Laureate Joseph ...

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How to unlock private investment for climate action

Tom Kerr  How to unlock private investment for climate action Kerr Thomas

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 ...

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Croatia emerges 147th Party to Paris Agreement

Kolinda Grabar-Kitarović  Croatia emerges 147th Party to Paris Agreement kolinda grabar kitarovic e1495759638281

Two months after the country’s Parliament endorsed the ratification of the Paris Agreement in April, Croatia on Wednesday, May 24, 2017 deposited its instrument of ratification for the global treaty on climate change. The European nation has thus become the 147th Party to the Agreement, closely following Nigeria (146th Party), which also recently ratified the climate pact. However, Croatia’s ratification ...

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Nations restate commitment to Paris Agreement

Angela Merkel  Nations restate commitment to Paris Agreement germany petersberg dialogue merkel

The eighth Petersberg Climate Dialogue concluded on Tuesday, May 23, 2017 with a clear commitment to the Paris Agreement and to its ambitious implementation. The key topic at this year’s meeting was the preparation for the Climate Conference COP23, to take place in November in Bonn under the Presidency of Fiji. Ministers from regions around the world responded to the ...

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G7 must steer capital towards global climate action, says Espinosa

Patricia Espinosa  G7 must steer capital towards global climate action, says Espinosa PATRICIA ESPINOSA

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 ...

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Deutsche Bank partners with GCF on climate action

GCF-Deutsche Bank  Deutsche Bank partners with GCF on climate action GCF e1495659784628

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 ...

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NATO lawmakers warn on water shortages, climate change risks

Osman Askin Bak  NATO lawmakers warn on water shortages, climate change risks Osman Askin Bak

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 ...

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Taking action on climate change will boost economic growth – OECD

angel-gurria  Taking action on climate change will boost economic growth – OECD angel gurria

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 ...

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Bainimarama: Tackling climate change demands global cooperation

Frank-Bainimarama  Bainimarama: Tackling climate change demands global cooperation Frank

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 ...

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