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The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on ClimateChange (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7
Saying that “ investment-grade climatechange 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 climatechange.
Representation of damage from climatechange avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climatechange agreement. Source: “Assessing the costs.”
trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climatechange. Transportation is central to the social and economic activity of people across the world.
The shift to electric mobility is in line with ongoing efforts to reduce the world’s dependence on fossil fuels, and reduce harmful greenhouse gas emissions responsible for climatechange. It has also contributed to environment degradation, landscape damage and soil contamination, groundwater depletion and pollution.
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 climatechange solutions. In 2011, approximately R$230 million (US$133.7
They know that the work they do contributes every day to the wrecking of our climate and all the hell and high water that goes with that. They are so cowardly that they lie about the impacts of their business practices and they help finance the climatechange denier movement. Mann , The Monkey Wrench Gang.
The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). 20% of the revenues under the Fund shall be used to contribute to protecting, restoring and efficiently managing marine ecosystems impacted by global warming.
trillion by 2050, according to a new report, “An Initial Estimate of the Cost of Lost Climate Services Due to Changes in the Arctic Cryosphere”, released by the Pew Environment Group. Scott Highleyman, international Arctic director for the Pew Environment Group.
California has a strong interest in promoting the adoption of electric vehicles, based on the benefits to the economy, environment, and quality of life. Plan for and facilitate deployment of a well-planned and easy-to-use charging infrastructure network. —“Electric Drive by ’25”. The author of this policy paper is Ethan N.
—“State of Finance for Nature”. It stresses the need to accelerate capital flows rapidly to nature-based solutions by making nature central to public- and private-sector decision-making related to societal challenges, including tackling the climate and biodiversity crises. A total investment of $8.1
The UN ClimateChange 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 climatechange in the developing world, according to the UN Environment Programme.
Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,
In a deal brokered by the city’s newly commissioned Citizens Environmental Task Force, Exxon/Mobil, owners of the Exxon/Mobil Refinery in the City of Torrance agreed today to fund a bond that will make low cost financing of solar energy systems for home and apartment owners. 2. Green Building & Remodeling.
Since 1988 I have worked with CEOs and presidents of America’s top Fortune 500 companies from banking and finance, to high-tech, to the entertainment industry, to the automotive industry, to the media industry, to the most successful consumer brands in American history.
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 climatechange.
The Smith School of Enterprise and the Environment at the University of Oxford recently published a report recommending that individual governments take more action to curb their own greenhouse gas emissions and put pressure on other governments to do the same. International climate negotiations can only go so far.
KPMG developed 3 nexuses linked by climatechange to represent the challenges of sustainable growth. KPMG International is hosting the event, in cooperation with the UN Global Compact (UNGC), the World Business Council for Sustainable Development (WBCSD) and the United Nations Environment Programme (UNEP). Source: KPMG.
President Clinton himself made the announcement of a national PACE finance program as part of the Clinton Global Initiative meeting in New York. It’s exactly the same kind of land secured financing we’ve been reporting on here at Creative Greenius for over a year now in our coverage of AB 811.
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.
The European Investment Bank (EIB) will grant financing of up to €300 million (US$426 million) to Valeo for its current research projects aiming to reduce the fuel consumption and CO 2 emissions of cars and improve active safety. Tags: Europe Financing Policy Vehicle Manufacturers. Earlier post.) billion (US$4.8 billion (US$4.8
The Climate Disclosure Standards Board ( CDSB ) introduced for public consultation a set of proposals designed to assist directors in the inclusion of climatechange-related information in companies’ annual reports. There is no scarcity of warnings of the risk of irreversible climatic damage to the environment.
Canada is also committed to phasing out public financing of the fossil fuel sector. This refers to financing beyond the scope of the fossil fuel subsidies commitment. Canada is the only G20 country to phase out inefficient fossil fuel subsidies ahead of the 2025 deadline.
Without such third-party financing of this type, most colleges and universities would not be able to capitalize on the more significant investments needed to bring down their carbon load on the atmosphere. —Robert Koester, professor of architecture and chair of the Ball State University Council on the Environment.
All the details after the jump- In the civilized world, unprecedented efforts are being made globally to deal with climatechange – almost all of which is directly traceable to the use of “dirty&# technologies.
In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.
India’s Minister of Environment, Jairam Ramesh, hosted US Deputy Assistant Secretary of State for Environment, Daniel A. The global warming potentials (GWP) of HFCs range from 140 (HFC-152a) to 11,700 (HFC-23), according to the US EPA. The Joint Task Force will submit its report by 1 August 2011.
The UK government has included maritime emissions in the reduction targets set by the ClimateChange Bill, and the International Maritime Organisation is expected to drive a reduction in emissions from international shipping.
billion (US$10 billion) for the 2013 work program will support projects and ideas that will boost Europe’s competitiveness and tackle issues such as human health, protecting the environment and finding new solutions to growing challenges linked to urbanization and managing waste. In total, €8.1 billion (US$1.85
The renewable energy sector needs to improve risk management and access alternative sources of capital as operational risks rise and governments cut funding due to the uncertain economic environment, according to a new report by the Economist Intelligence Unit (EIU) sponsored by Swiss Re.
A new report from the Stockholm Environment Institute (SEI) finds that recent progress in developing and deploying low carbon technology is fragile, and advises that policy support must be stabilized globally to maintain momentum. The research was carried out in partnership with the 3C (Combat ClimateChange) business leaders’ initiative.
Non-Annex I actions may be (partially) financed by Annex I2. Based on the Climate Security Act, the study assumes an emission cap of 0 to 3%, by 2020, below 1990 levels. Financing the reduction in emissions from deforestation and forest degradation in developing countries (UN program REDD) is meant to protect the forests.
We have had a long debate about climatechange in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act.
The Greenius says if the utilities were serious about renewable energy and climatechange they would finance our state’s AB 811 loans by funding the clean energy bonds that make the loans possible. It’s just another win for the polluting, greenhouse gas producing utilities and their own fat wallets.
These investments will enable FiveT to establish itself at the heart of the hydrogen industry and help advance a broader global mission to address climatechange and accelerate the energy transition. The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.
The United Nations Environment Programme (UNEP) and partners have launched a new initiative that aims to reduce pollution levels, improve resource efficiency and reduce infrastructure costs in cities across the world. Finance: Tax incentives and subsidies can be used to stimulate the up-take of green technologies.
The acute economic and financial crisis must not, he said, be allowed to function as a pretext for slackening efforts to combat climatechange. According to Fehrenbach, every third euro of sales generated by Bosch now comes from products that conserve resources and/or protect the environment. billion (US$5.3
The European Commission has sent a formal communication [ 1 ] to the European Council and European Parliament, laying out the Commission’s recommendations to Council and Parliament on positions that the European Union should take during international climatechange negotiations later this year in Copenhagen. first time. [
a startup developing innovative solid-state battery systems for use in future electric vehicles (EVs) that would fully charge in minutes, announced the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 Adden Energy, Inc.,
Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. I bring a passion that’s driven by my sense of urgency over our climatechange crisis. You need to make the environment the priority in Redondo Beach. Click Here to Download a PDF copy of my presentation ).
In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.
And to help kick it all off for you, after the jump I’ll offer up the first ever Greenius Weekend Update: There will be plenty of time very soon enough to be overwhelmed with the crushing hard backhand of climatechange and budget reality. Tags: environment. I’ll see you at the Fiesta Hermosa amigos!
International agreements on the need to combat climatechange, the fluctuating but generally rising costs of marine fuels which account for a large proportion of the running costs of a ship, and developments on a number of other fronts have led many in the industry to question whether the present methods of ship propulsion are sustainable.
But at least every one of them will be well financed for their comfortable ride to the hell and high water coming our way. In fact, most of them are doing their best to bring it on as rapidly as possible, and rubbing their hands gleefully as they do.
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