Climate Change The New Economy
Climate Change, Environment
In its scale and urgency, the task to limit global warming to well below 2°C is without precedent. It requires universal focus and massive resource mobilisation, which will demand action and interaction from everyone. By Patricia Espinosa Executive Secretary, UN Framework Convention on Climate Change (UNFCCC) There is only one possible future
Read MoreData released by CDP (formerly the Carbon Disclosure Project) on Monday shows that over 600 major international corporations with a combined market cap of US$12 trillion are already starting to factor the Paris Climate Change Agreement in their business plans before the major environmental legislation has become law. This year’s CDP
Read MoreAcross the globe, nations have kick-started a new development agenda aimed at ending poverty and reducing risks linked with climate change, pollution and over-exploitation of our natural environment. This journey to a more prosperous and resilient future has been forged through two powerful and mutually re-enforcing pathways – the Paris Climate
Read MoreThe oil and gas industry is in a transitional phase. The sector is under increasing pressure in the US and abroad to reduce its carbon footprint. It’s also facing significant cost pressure as low energy prices persist. Shell’s chief energy adviser Wim Thomas recently said the global oil oversupply, which has
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The world’s two leading economies, China and the US, have announced today that their governments will put the Paris Agreement into national law. Their ratification will put significant wind in the sails of the global climate deal, and brings us tantalizingly closer to the treaty becoming international law by the
Read More28th July 2016 Business & Climate Summit, convened by a network of partners that represent over 6 million businesses worldwide, calls for swifter government action on climate Governments urged to translate their ‘Nationally Determined Contributions’ into investment grade policy frameworks as soon as possible and to use carbon pricing as most efficient way
Read MorePublished on Jul 5, 2016 In her final farewell video, outgoing UNFCCC Executive Secretary Christiana Figueres reflects on her journey at the UN Climate Change secretariat and shares why she is hopeful for the future. https://youtu.be/8a_gUKZz8T8
Read MoreThe thirteenth meeting of the Board (B.13) of the Green Climate Fund (GCF) has approved its first funding proposals for 2016 totalling USD 256.6 million in GCF funding. “The close of B.13 marks the half-way point for the GCF in 2016,” said Board Co-Chair Ewen McDonald (Australia). “Looking at what we’ve
Read MoreMoody's Investors Service will use national climate action commitments put forward as part of the Paris Climate Change Agreement in its analysis of the credit implications of carbon transition risk, the international credit ratings agency has said. Under the Paris Agreement, governments have submitted national climate action plans (“Intended Nationally Determined
Read MoreBritain’s decision to leave the European Union was not a vote against climate change, nor was it a vote against the innovation key to fighting climate change, UN climate chief Christiana Figueres told an audience of business and policymakers at the annual Business & Climate summit in London today. In her
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