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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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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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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.

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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.

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

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Rasmussen, who had succeeded Danish Climate and Energy Minister Connie Hedegaard as COP President just two days prior, was quickly replaced by Philip Weech, Director of the Bahamas Environment, Science, and Technology Commission. by Jack Rosebro. The relative valuation of potential emissions offsets (e.g.

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Greenius Weekend Update

Creative Greenius

Holiday greetings from teetering on the precipice of bankruptcy California, where we’ve had a couple of unnerving earthquakes, a historic election and a disappointing Lakers’ home loss in the NBA Western Conference Finals since last I posted.

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Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

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in a press conference last week, is the linkage of transportation planning with greenhouse gas emissions reductions. Establishing a new program to finance planning, design, and construction of high-speed rail. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009.