Remove Climate Change Remove Economy Remove Events Remove Financing
article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. existing climate change.

Climate 294
article thumbnail

Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

Green Car Congress

The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). Source: DBCCA. —DBCCA.

Carbon 220
article thumbnail

Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. Birol said that “success will hinge” on scaling up financing for emerging and developing economies.

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). How does the US deal with local and state economies with high carbon economies and little renewable resources?

Financing 150
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. KPMG International is hosting the event, in cooperation with the UN Global Compact (UNGC), the World Business Council for Sustainable Development (WBCSD) and the United Nations Environment Programme (UNEP). Source: KPMG.

article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

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
article thumbnail

ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

Asia 186