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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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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. thousand terawatt-hours in 2018, up from 6.4

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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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 climate change. Transportation is central to the social and economic activity of people across the world.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change 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 climate change agreement. Source: “Assessing the costs.”

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

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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. In such a rapidly urbanizing world, cities are increasingly becoming the focus of international sustainability efforts.

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RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

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Table 1: Chapter 9 Energy and Industry Table 2: Chapter 11 Transport Table 3: Climate Change Commission Recommendations Table 4: Drive Electrics Summary Recommendations Part B: Detailed response Introduction New Zealand is on the cusp of the biggest transformation in transport in over a century.

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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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Although independent reporting on these subsidies has increased, global efforts to move forward with subsidy reform have been hindered by a variety of causes, leaving international pledges unfulfilled. of the GDP for 2011–12, according to the International Institute for Sustainable Development’s Global Subsidies Initiative ( GSI ).

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