Remove Climate Change Remove Emissions Remove International Remove South Africa
article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

In an open-access study in the EGU journal Atmospheric Chemistry and Physics , an international team of researchers reports that the greenhouse gas sulfur hexafluoride (SF 6 ) is rapidly accumulating in the atmosphere, driven by the demand for SF 6 -insulated switchgear in developing countries. Simmonds et al. —Simmonds et al.

article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
article thumbnail

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

Green Car Congress

The decrease in CO 2 equivalent emissions of ODSs (ozone-depleting substances: CFCs, halons, HCFCs, and others) may be offset by the projected increase in their non-ozone depleting substitutes (HFCs) (lines designated as HFC scenarios). Climate and the Ozone Layer. Source: UNEP. Click to enlarge. W m -2 relative to 2000.

Climate 287
article thumbnail

Fast action on black carbon, ozone and methane could help limit global temperature rise to 2 degrees C

Green Car Congress

The climate change benefit is estimated for a given year (2050) and human health and crop benefits are. °F), according to a new assessment released today in Bonn, Germany, during a meeting of the UN Framework Convention on Climate Change (UNFCCC). emission reduction potential. for 2030 and beyond. Source: UNEP.

Ozone 218
article thumbnail

Indo-US task force to study HFC phase-down

Green Car Congress

HFCs are chemicals are potential substitutes for ozone-depleting and climate-warming CFCs and HCFCs currently being phased out under the Montreal Protocol treaty to protect the ozone layer. —Durwood Zaelke, President of the Institute for Governance & Sustainable Development.