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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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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). Green Climate Fund.

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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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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

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trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% Select EERE Programs and Financing (US$ millions). 2010 est. 2011 prop. President Obama today transmitted the proposed $3.8-trillion

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Brazilian Ministry Of Environment And National Development Bank launch credit line for projects to reduce carbon emissions

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Brazil’s Minister of Environment Izabella Teixeira and Brazilian National Development Bank (BNDES) President Luciano Coutinho announced the launch of a new credit line to support projects focused on greenhouse gas reduction and climate change solutions. In 2011, approximately R$230 million (US$133.7

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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

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The reports estimates that incremental green investment of about 3% of world gross product (WGP) (about $1.9 trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climate change catastrophe. The report comes out yearly.

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). Source: DBCCA.

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