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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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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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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ÂșC Warming Limit

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Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. All agreements would be legally binding, and would be subject to independent verification.

Climate 236
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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Perspective: The UN Approval Process for Carbon Offsets

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Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. Intergovernmental Panel on Climate Change, Climate Change 2007: Mitigation.

Carbon 255
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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. nationals and legal residents.

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