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Energy ministers agree to help speed up global deployment of carbon capture and storage

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The following governments agreed to continue or initiate action in support of one or more of these recommendations by the next Clean Energy Ministerial: Australia, Canada, France, Germany, Japan, Mexico, Norway, Republic of Korea, South Africa, the United Arab Emirates, the United States and the United Kingdom.

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Summary of decisions from Durban climate conference

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Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. A Standing Committee is to keep an overview of climate finance in the context of the UNFCCC.

Climate 294
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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ÂșC Warming Limit

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. All agreements would be legally binding, and would be subject to independent verification. The relative valuation of potential emissions offsets (e.g.

Climate 236
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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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Climate change presents major long-term risks to the global economy and to the assets in which we invest. United Nations Environment Programme Finance Initiative ( UNEP FI ) is a global partnership between the United Nations Environment Program (UNEP) and the global financial sector.

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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
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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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Emerging economies in Africa can gain significant long-term economic value by quickly setting up projects that support the low-carbon transition with transparent governance frameworks. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.

Africa 221