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Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

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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 Climate Change (PACC 2020). The action plan and strategy adaptation represent a total investment of nearly C$2.7

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Government of Canada releases framework for ending fossil fuel subsidies

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Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, The Guidelines are in effect and apply to all federal departments and agencies.

Canada 150
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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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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). Green Climate Fund.

Climate 294
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European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

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The measure will contribute to reaching EU energy and climate change goals while limiting distortions of competition. The scheme will be financed by transport fuel retailers who are obliged by law to include a certain percentage of advanced biofuels and biomethane in their fuel blends.

Italy 296
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Climate Disclosure Standards Board Proposes New Framework for Data Reporting at World Business Summit

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The Climate Disclosure Standards Board ( CDSB ) introduced for public consultation a set of proposals designed to assist directors in the inclusion of climate change-related information in companies’ annual reports. There is no scarcity of warnings of the risk of irreversible climatic damage to the environment.

Climate 150
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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