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Source: Crosscut Oped - Unlike Germany-based Munich Re, insurers in the U.S. are only slowly acknowledging their vulnerability to climate change. Insurance companies have a natural and critical role in helping us prepare for the inevitable and mounting impacts of climate change, and hopefully in preventing its worst effects. Their financial exposure makes them uniquely credible messengers. Since they set our rates, they also have economic leverage to prompt changes in our behavior.
Source: UCANEWS - Hong Kongs six main religions have joined forces to urge world governments to come to a consensus on tackling climate change, among the first interfaith organizations in Asia to do so.
Source: Guardian - Christiana Figueres, who heads up the global climate change talks, was visibly moved as she urged business leaders to take action to avoid runaway climate change at the World Economic Forum meeting in Davos on Thursday. Figueres believes the lack of advocacy by companies is due to the fact that most of them still do not feel immediately threatened by climate change.
Source: Reuters - The United Nations asked governments on Thursday to submit plans to cut greenhouse gas emissions as the building blocks of a deal due in Paris in December to limit global warming, after scientists said 2014 was the hottest year on record.
Source: Reuters - Rising threats from climate change and nuclear arsenals prompted the scientists who maintain the Doomsday Clock, a symbolic countdown to global catastrophe, to move it two minutes closer to midnight on Thursday, its first shift in three years.
Source: World Bank News - Green bonds are mobilizing billions of dollars a year for development projects that countries and cities need, carried out in ways that are good for the climate and environment. 2014 was a record year for the young green bond market, with over $35 billion in new issuances, more than triple the year before. Several trends are emerging for 2015, including new types of issuers, green bond indices, and changing investor expectations.
Source: Business Green - The global financial system already has the tools it needs to deliver a low carbon, resource efficient economy, but is failing to mobilise sufficient investment to support long-term sustainable development. That is the early conclusion at the halfway point of a two-year UN Environment Programme (UNEP) inquiry into the design of a more sustainable financial system, launched at the World Economic Forum at Davos.
Source: The Guardian - The 2,500 business leaders, academics and policymakers meeting at the World Economic Forum in Davos this week need to look beyond current financial concerns and focus on the effects that war and climate change are having on the fight against poverty, the head of the UN Development Programme has warned.
Source: US News and World Report - n one of the most surreal congressional moments in recent memory, the upper chamber voted 98-1 Wednesday in favor of a measure declaring that climate change is real and not a hoax. But this was no blissful moment of bipartisan harmony. Republican senators appeared to sign on to the measure because it did not cite human activity as the source of global warming.
Source: Reuters - A Live Earth music event to demand action on climate change will take place on June 18 across seven continents, including Antarctica, former U.S. vice-president Al Gore and pop star Pharrell Williams announced on Wednesday.
Source: Huffington Post - Scientists declared this past year as the warmest year on Earth since record-keeping began in 1880, and a series of scientific reports found glaciers melting and extreme weather events intensifying. There can be no doubt that this year world leaders must commit to transforming their economies to combat climate change, says World Bank President Jim Yong Kim.
Source: NBC News - United States senators are now on the record on the question of whether climate change is "a hoax." But a majority of the Senate, including 15 Republicans, are also on record stating that human activity contributes to climate change. The Senate on Wednesday passed a measure stating that "climate change is real and is not a hoax" by a margin of 98-1. The Senate also voted down two amendments to the bill approving the Keystone XL pipeline stating that human activity contributes to climate change.
Source: The Guardian - The financial crisis pushed climate down the Davos agenda. This year, there are clear signs that it has made a comeback. Al Gore gave the first big presentation in the main conference hall and, against a backdrop of pictures of flooding, death and destruction, warned that the world was in denial about the risks it was taking. A bit later, Lord Stern said decisions taken at the intergovernmental conference in Paris in late 2015 will shape the next 20 years.
Source: The Guardian - Inspired by the co-founder of Everydayafrica, photographer James Whitlow Delano launched Everydayclimatechange, an Instagram feed where photographers from five continents share their images as evidence that climate change is real and to raise awareness of the situation around the world
Source: ABS-CBN News - Environment Secretary Ramon J. Paje on Thursday praised Pope Francis for making another pitch for environmental protection during his five-day visit to the Philippines, calling it an "important signal of encouragement" for all to take action on climate change.
US-India Climate Change Talks Could Pave Way For Billions In Clean Energy Investments But Not Carbon Emissions Goals
Source: International Business Times - U.S. President Barack Obamas upcoming trip to India could clear the way for billions of dollars of U.S. investment in Indias fast-growing clean energy sector. The president and Indian Prime Minister Narendra Modi next week are expected to make a joint announcement on climate change, which will focus more on building new solar and wind energy projects than on slowing Indias use of coal and oil, policy experts said Wednesday.
Source: Co.Exist - Whether you live in San Francisco or Mongolia, climate change is going to impact your life. But even though it isn't possible for any location to completely avoid effects like drought, floods, heat waves, and other extreme weather, some places are much more prepared than others. A new series of maps from Eco Experts shows how different countries compare.
Source: Reuters - A plane powered by the sun will attempt an unprecedented flight around the world next month, the project's founders said, seeking to prove that flying is possible without using fossil fuel.
Source: Gulf Business - The countries are looking to announce their first project this year and are currently reviewing project proposals in the Middle East, a joint statement said.
Source: EurActiv - Europe could have saved itself $100 billion (86bn) by installing solar power panels in sunnier countries and wind turbines in windier places, the World Economic Forum's "Future of Electricity" platform said in a report released on Tuesday