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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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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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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). The contribution of HFCs to climate forcing is currently less than 1% of all greenhouse gases.

Climate 287
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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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Potent GHG SF6 rapidly accumulating in atmosphere, driven by demand for SF6-insulated switchgear in developing countries

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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.

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

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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
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Developing Countries Torpedo Plans for Cutting Carbon Emissions from Ships

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The NGO Transport & Environment (T&E) reports that developing countries, led by China, India, Brazil, South Africa and Saudi Arabia, have blocked what would have been the first global agreement to cut carbon emissions from ships.

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TOAR shows present-day global ozone distribution and trends relevant to health; public database

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These are some of the findings of a new health assessment based on the Tropospheric Ozone Assessment Report (TOAR), an effort by the International Global Atmospheric Chemistry Project to create the world’s most comprehensive database of surface ozone observations from all available ozone monitoring stations around the globe. Click to enlarge.

Ozone 255