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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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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
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. —Leo Johnson, Partner, Sustainability and Climate Change, PwC. —Jonathan Grant, director, sustainability and climate change, PwC. nuclear war, radical climate change before 2050).

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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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Climate and the Ozone Layer. HFCs are, along with CO 2 , methane and other gases, controlled under the UN’s Framework Convention for Combating Climate Change and its Kyoto Protocol. The report is the first of three being launched this week by UNEP in the run-up to the UN climate convention meeting in Durban, South Africa.

Climate 287
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Fast action on black carbon, ozone and methane could help limit global temperature rise to 2 degrees C

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The climate change benefit is estimated for a given year (2050) and human health and crop benefits are. °F), according to a new assessment released today in Bonn, Germany, during a meeting of the UN Framework Convention on Climate Change (UNFCCC). for 2030 and beyond. Source: UNEP. Click to enlarge. °C (2.7 °F),

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

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Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. ” Tags: Climate Change Policy. The relative valuation of potential emissions offsets (e.g.

Climate 236
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. We ask the international financial institutions to offer support to countries in this process. G20 Leaders’ Statement.