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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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UN Review of Recent Climate Research Concludes That Impacts Of Climate Change Coming Faster Than Anticipated

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Significant climate anomalies 2008/2009. Source: Climate Change Compendium. Shifts in the hydrological cycle resulting in the disappearance of regional climates with related losses of ecosystems, species and the spread of drylands northwards and southwards away from the equator. Click to enlarge. Earlier post.). Earlier post.).

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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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The contribution of HFCs to climate forcing is currently less than 1% of all greenhouse gases. If HFC emissions continue to increase, they are likely to have a noticeable influence on the climate system. Climate and the Ozone Layer. There is inherent uncertainty in such projections, the report authors caution.).

Climate 287
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Study finds climate impact of hydropower varies widely

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earlier post ), a new study by a team at Environmental Defense Fund finds that the climate impact of hydropower facilities varies widely throughout the world and over time, with some facilities emitting more greenhouse gases than those burning fossil fuels. They also estimated emissions caused by flooding the reservoir.

Climate 207
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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. Assessing the costs of adaptation to climate change”.

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International study identifies 14 key measures to reduce methane and black carbon emissions; reduction in projected global mean warming of ~0.5 °C by 2050

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Circle areas are proportional to values for (A and B) climate change, (C and D) human health (values for population over age 30), and (E and F) agriculture. Their potential climate impact was assessed by using published global warming potential (GWP) values for each pollutant affected. Source: Shindell et al. Click to enlarge.

Carbon 257
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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.

Climate 218