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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. —Glen Peters, a Research Director at the CICERO Center for International Climate Research. GtCO2, and are projected to be 41.1

Global 221
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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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of projected economic stimulus spending. In climate finance, private sector investment accounts for most capital flows (56% according to the Climate Policy Initiative). —“State of Finance for Nature”. The report says that structural transformations are needed to close the US$4.1-trillion

Financing 296
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels. The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth.

Global 170
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). Click to enlarge.

Renewable 199
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IEA: global carbon dioxide emissions have rebounded strongly

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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. But our numbers show we are returning to carbon-intensive business-as-usual.

Emissions 433
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The Summit On Clean Tech Law & The New Energy Policy

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All the details after the jump- In the civilized world, unprecedented efforts are being made globally to deal with climate change – almost all of which is directly traceable to the use of “dirty&# technologies. Stimulus Package allocated for renewables? Are cities leading the way?

Clean 199