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Green bond boom at risk without rules: Zurich Insurance

UNFCCC headlines - Wed, 10/15/2014 - 08:14
Source: Reuters UK - The integrity of the fast-growing "green bond" market is at risk unless a clear definition of what passes for green can be agreed, Zurich Insurance's (ZURN.VX) investment chief told the Reuters Global Climate Change Summit.
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Divestment campaign signs up first Swedish city

UNFCCC headlines - Wed, 10/15/2014 - 08:14
Source: RTCC - Sweden’s seventh largest city has committed to divest its €225 million funds from fossil fuels. Örebro becomes the first Swedish city to fully withdraw from coal, oil and gas investments.
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Take on the “fatcats” or scrap EU carbon market – think-tank

UNFCCC headlines - Wed, 10/15/2014 - 08:14
Source: RTCC - ArcelorMittal is hoarding a surplus of climate pollution permits worth almost twice its annual carbon emissions, a think-tank has revealed. With an excess of 93 million allowances, the steel and mining giant is top of Sandbag’s “carbon fatcat” leader board.
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Pentagon Signals Security Risks of Climate Change

UNFCCC headlines - Tue, 10/14/2014 - 09:09
Source: The New York Times - The Pentagon on Monday released a report asserting decisively that climate change poses an immediate threat to national security, with increased risks from terrorism, infectious disease, global poverty and food shortages. It also predicted rising demand for military disaster responses as extreme weather creates more global humanitarian crises.
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Banks should declare lending links to climate change exposured companies, says lobby group

UNFCCC headlines - Tue, 10/14/2014 - 09:09
Source: Sydney Morning Herald - Banks should be forced to disclose how much of their lending goes to companies exposed to action on climate change, according to resolutions proposed by the Australasian Centre for Corporate Responsibility ahead of the big banks' annual general meetings.
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Island nations shouldn't be left to drown from climate change (opinion)

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: The Guardian - Rising sea levels will have dire consequences for Pacific island nations unless Australia and other countries take action
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Climate change: Sea levels steady for 6,000 years before rapid rise in past 150 years, study reveals

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: ABC Online - Sea levels remained steady for thousands of years before recent rapid rises, a study led by the Australian National University shows.
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When climate change comes after even the most common species

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: PBS NewsHour - Climate change isn’t just a problem for rare species. This threat, coupled with habitat loss and other environmental threats, is putting a number of common species at risk.
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Climate change is like Ebola – World Bank chief

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: RTCC - World Bank chief Jim Yong Kim has compared climate change to Ebola, suggesting that inaction on both is “killing people”.
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'It's important to look at the broader picture' of climate change

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: Deutsche Welle - Countries and cities most at risk for being affected by climate change should not just improve their extreme weather detection systems, but also invest in insurance and infrastructure, says UN-researcher Jörn Birkmann.
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Climate Change Emerging as Hot Topic in Key Senate Races (opinion)

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: Huffington Post - The issue of climate change has emerged in nearly every Senate race this election season. Candidates are discussing it, debate moderators are asking about it, and journalists are covering it. Why? Because the vast majority of voters say they are concerned about climate change and want leaders to address it.
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Climate change threatens national security, Pentagon says

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: The Washington Post - Drastic weather, rising seas and changing storm patterns could become “threat multipliers” for the United States, vastly complicating security challenges faced by American forces, the Pentagon said in a new report on the impact of climate change released Monday.
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How to spread power to 600 million Africans without it

UNFCCC headlines - Tue, 10/14/2014 - 08:34
Source: The Christian Science Monitor - Two-thirds of sub-Saharan Africans lacks access to electricity and all the modern amenities that come with it. A new report suggests that $450 billion of new investment would bring much-needed power to the region's city-dwellers by 2040.
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Carbon Sequestration: Too Little, Too Late?

UNFCCC headlines - Tue, 10/14/2014 - 08:09
Source: MIT Technology Review - A few carbon capture and sequestration projects are under way, but economics and politics are holding the technology back.
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Commonwealth Bank sued in bid to reveal carbon pollution it finances

UNFCCC headlines - Tue, 10/14/2014 - 08:09
Source: The Guardian - A court case has been launched against the Commonwealth Bank (CBA) after it rejected a shareholder request for it to reveal the level of greenhouse gas emissions it finances.
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We can meet 2C climate target – and here's how, say energy experts

UNFCCC headlines - Mon, 10/13/2014 - 09:49
Source: Guardian - Meeting a target of keeping global temperature from rising above 2C is still possible, according to 30 leading climate and energy experts. The authors, who include former UK government scientific adviser Sir Bob Watson, conclude that staying under 2C needs “immediate, urgent action” at the highest levels of governments. The Tackling the Challenge of Climate Change report was presented at Ban Ki-moon’s UN climate summit in New York last month.
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Tony Abbott says 'coal is good for humanity' while opening mine

UNFCCC headlines - Mon, 10/13/2014 - 09:09
Source: The Guardian - Tony Abbott has declared “coal is good for humanity” while opening a coalmine in Queensland. The prime minister, who describes himself as a conservationist, said coal was vital to the world and that fossil fuel should not be demonised.
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Schwarzenegger Pushes for Action at Paris Climate Meeting

UNFCCC headlines - Mon, 10/13/2014 - 09:09
Source: VOA - Paris wrapped up the first-ever summit on regional efforts to cut greenhouse gas emissions, with new pledges to combat climate change a year ahead of a key U.N. summit. Former California governor Arnold Schwarzenegger presided over the regional conference.
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Peru: World can't allow COP20 meet in Lima to end in failure

UNFCCC headlines - Mon, 10/13/2014 - 08:49
Source: EFE - The international community "cannot allow" the 20th session of the U.N. Conference of the Parties on Climate Change - scheduled for December in Lima - to end in failure, the advisor to the Peruvian government for that summit told Efe
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How International Lawsuits Could Punish Carbon Emitters Even If Governments Don’t

UNFCCC headlines - Mon, 10/13/2014 - 08:49
Source: Think Progress - ourtrooms could be the next battlefield in the fight against climate change, according to a new report out of Canada. The paper, put out Thursday by the Canadian Centre for Policy Alternatives and West Coast Environmental Law, argues that climate science has advanced enough that current and future damages from climate change could start being divvied up amongst various polluters and companies in fossil fuels. When combined with the workings of international litigation, it opens up the possibility of legal liability for those entities — and not just in their home countries, but in any country where damages from climate change are felt.
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