Climate Change

Responding to Coronavirus: Low-carbon Investments Can Help Economies Recover

The COVID-19 pandemic is first and foremost a human tragedy. The virus has also hit society like a global tsunami, disrupting travel, cutting off communities. A stimulus package that includes ramping up fossil fuel production or use would be a terrible mistake. Bold climate action could deliver at least $26 trillion in net global economic benefits between now and 2030 compared with business-as-usual. Indonesia is one of the largest economies in the world and has identified a low-carbon growth path, which goes beyond the country’s current climate commitments and would deliver an average GDP growth rate of The economic Case for Low-carbon Development is published by the New Climate Economy, which includes creating more than 65 million new low- carbon jobs in 2030, and will unlock an array of economic, social and environmental benefits in Indonesia, it says. In 2045, those benefits will include more than 15 million additional jobs and 15 million extra jobs, it.

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5 Strategies that achieve climate mitigation and adaptation simultaneously
Climate Change

5 Strategies that achieve climate mitigation and adaptation simultaneously

Coastal wetlands, mangroves and seagrasses are unique coastal ecosystems. They defend coasts against sea level rise by buffering storm surges and floodwaters. Mangrove forests currently hold the equivalent of more than two years of global.

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New decade opens with cascade of US coal plant closures
Climate Change

New decade opens with cascade of US coal plant closures

The new decade is opening with a mounting cascade of plant closures in the United States coal industry. Investors abandoning ship, revenue driven down by record-low gas and renewable energy prices, and communities asking increasingly tough questions about the coal-fired generating stations in.

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6 Lessons on energy decarbonization from countries leading the way
Climate Change

6 Lessons on energy decarbonization from countries leading the way

China, Costa Rica, Denmark, Ethiopia and the United Kingdom are further along than many others. Energy production and use accounts for about three-quarters of global greenhouse gas emissions. Three main strategies can help countries meet energy needs with zero-carbon emissions:.

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Microsoft details long-term plan for becoming carbon negative
Climate Change

Microsoft details long-term plan for becoming carbon negative

Microsoft executives announced plans today for the company to become carbon negative by 2030 and then by 2050 to remove all the carbon from the environment that Microsoft has emitted directly or through electrical consumption since it was founded in 1975. The compny hs been working for months on .

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'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy
Climate Change

'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy

Larry Fink, CEO of money management firm BlackRock, announced the company would prioritize the climate crisis in deciding on investments and strategies going forward. The new direction for BlackRock is the result of a hard-fought effort by a group of dedicated activists.

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China faces 4 big risks if it continues building more coal plants
Climate Change

China faces 4 big risks if it continues building more coal plants

Chinas coal fleet is over capacity; most plants only operating at about 50% of capacity. Health and air pollution costs could grow substantially by 2030 if coal plants continue to operate at current rates. China is the world leader on clean energy.

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More national climate policies expected, but how effective are the existing ones?
Climate Change

More national climate policies expected, but how effective are the existing ones?

In 2019, EU Member States reported that they had already adopted or were planning to adopt 1925 national policies and corresponding measures to reduce greenhouse gas emissions. Many of these measures also help achieve energy efficiency and renewable energy targets. While climate action is clearly taking place.

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Sustainable finance: Simplicity liberates action!
Climate Change

Sustainable finance: Simplicity liberates action!

Energy efficiency financing is one of the foundations of sustainable financing in the EU. TEG identified 67 activities for sustainable finance and emphasised the urgencies for investments that need speedy energy transition. The key objective is categorisation and simplification of financing and investment.

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What the energy efficiency community can learn from the Club of Rome
Climate Change

What the energy efficiency community can learn from the Club of Rome

Eceee has been focusing on sufficiency and we are making some inroads there. After the first oil crisis, energy efficiency became a policy option for governments and societies. But improving our efficiency does not necessarily lead to lowering energy demand or reducing GH.

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