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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

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This would require: Putting in place ambitious low-carbon policies now; Reinforcing positive behavioral changes caused by the pandemic; and. Gearing stimulus packages towards decarbonization. However, transport CO 2 emissions could be cut by almost 70% over the 2015-50 period with the right policies, the ITF said.

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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

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of projected economic stimulus spending. —“State of Finance for Nature”. The report urges governments, financial institutions and businesses to overcome this investment gap by placing nature at the heart of economic decision-making in the future. The report says that structural transformations are needed to close the US$4.1-trillion

Financing 296
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change.

Global 170
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Study finds global oil demand likely to grow despite pandemic, climate policies

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Despite relatively aggressive government policies aimed at reducing oil demand, such as within green stimulus packages enacted in several countries during the pandemic, global oil demand may not peak before 2030.

Oil 259
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IEA: global carbon dioxide emissions have rebounded strongly

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In March 2020, the IEA urged governments to put clean energy at the heart of their economic stimulus plans to ensure a sustainable recovery. If governments don’t move quickly with the right energy policies, this could put at risk the world’s historic opportunity to make 2019 the definitive peak in global emissions.

Emissions 433
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On May 25, 1961 President John F Kennedy, in a special joint session of Congress, declared, “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth.” ” A very clear, time-bound, one nation goal. Source: EIA.

Renewable 220