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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Shipping industry, Oxfam and WWF call on COP 17 delegates to provide IMO with clear guidance on reducing shipping GHG emissions; potential for contributing to Green Climate Fund

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This includes the possibility of the adoption by IMO of a compensation mechanism through which a significant share of any revenues collected from international shipping could be directed to developing countries and provide a new source of finance to support their efforts to tackle climate change.

Climate 218
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Summary of decisions from Durban climate conference

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Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Nations Framework Convention on Climate Change (UNFCCC). future agreements.

Climate 294
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Potent GHG SF6 rapidly accumulating in atmosphere, driven by demand for SF6-insulated switchgear in developing countries

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In practical terms, this high GWP means that 1 t of SF 6 released to the atmosphere is equivalent to the release of 23,500t of carbon dioxide (CO 2 ). Of all the greenhouse gases regulated under the Kyoto Protocol, SF 6 is the most potent, with a global warming potential (GWP) of 23,500 over a 100-year time horizon.

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Elements of the Cancun Agreements

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The UN Climate Change Conference in Cancun, Mexico, ended on Saturday with the adoption of a package of decisions that set all governments more firmly on the path towards a low-emissions future and support enhanced action on climate change in the developing world, according to the UN Environment Programme.

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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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Gigatonnes (Gt) of carbon dioxide (Gt CO 2 eq)—comparable to total current annual emissions from transport, estimated at around 6-7 Gt annually. Climate and the Ozone Layer. The report is the first of three being launched this week by UNEP in the run-up to the UN climate convention meeting in Durban, South Africa.

Climate 287
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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PwC analysis finds a need for global carbon intensity to drop an average of 5.1% The analysis is based on a carbon budget that would stabilize atmospheric carbon dioxide concentrations at 450 ppm and give a 50% probability of limiting warming to 2 °C. —Leo Johnson, Partner, Sustainability and Climate Change, PwC.