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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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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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UNEP and partners launch Global Initiative for Resource-Efficient Cities; role of public transport

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This second wave of urbanisation is projected to see more than 3 billion additional people living in cities in a time-span of just 80 years, primarily in Africa and Asia. Finance: Tax incentives and subsidies can be used to stimulate the up-take of green technologies.

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Perspective: The UN Approval Process for Carbon Offsets

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The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies. Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climate change. The Role of Offsets in Climate Change Legislation , by Brian J.

Carbon 255
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Reliance grows on a small number of producers: the increase in output from Middle East and North Africa (MENA) is over 90% of the required growth in world oil output to 2035. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. —WEO 2011.

Oil 247
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Oceans, already expanding from warmth and melting glaciers, would rise, increasing coastal flooding; a chain reaction of climate changes is projected to lead to harsher, more widespread droughts and more powerful storms. But starting to raise immediate finance is more important than determining its exact future size.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. As Senators Graham, Kerry and Lieberman try to resuscitate the climate change bill by introducing a revised bill in mid-to-late April, twenty-three U.S. Financing Investments and Other Public Expenditures.

Gas 244