In the aftermath of COP21, private-sector action is key to reaching emissions reduction goals. The marketplace needs to feel confident that the technologies that help reduce carbon dioxide emissions, whether they are renewable energy or clean technology, are worthy of investment. Proven technologies such as solar and wind are fast emerging as attractive investment asset classes that provide investors with low technology risk and stable, higher returns over a period of 20 years or more. Now is the time for these technologies to take center stage in the financing world.
Policy & Government
A catch all category for government, politics and initiatives to influence either.
A semi-remote Brazilian tribe has turned high-tech in an effort to protect its tropical forest, which is being devastated by poachers. It’s the latest effort to safeguard indigenous lands, which hold more than a fifth of the worlds trees. That’s according to a report that was released at COP21 last week, calling for global action to ensure that the forests that are vital to offsetting carbon emissions aren’t cut down for commercial profit.
Bill McKibben, co-founder of 350.org said, “This didn’t save the planet, but it may have saved the chance of saving the planet.” Climate crusader James Hansen, who was among the first to sound the alarm, was less pleased with the level of compromise, calling the outcome a “fraud.” So, how should we feel about the COP21 outcome? Is it enough?
As an economist, I have a jaundice view of the COP21 agreement. My skepticism ties to a lack of price signals included in the agreement. My question is: Can the world can realize a green economic revolution that delivers less pollution plus economic growth without including the cost of pollution at the cash register, meter and pump?
This morning, Nick Nuttall, coordinator of communications and outreach for the U.N. Framework Convention on Climate Change (UNFCCC), told the press that COP21 negotiations will continue into Saturday “to reach the best possible deal.” While we’re waiting to see if the Paris talks will culminate in a long-awaited global agreement on climate change, let’s catch up on all the big news of the week.
While observers wait on pins and needles for the final outcome of this year’s COP21 climate talks, GRI’s Deputy Director takes a moment to reflect on the 15+ years of negotiations she’s witnessed and participated in.
A sustainable economy will depend on policies that will help advance change on a societal level. Here are three important policies that can do that.
The latest draft of the Paris Agreement is out with some real changes in the text with regards to Climate Finance, including the goal of 1.5 degrees — a HUGE accomplishment.
Our country, and the world, stands at a crossroads. The technologies to deliver both sustained economic growth and reduced emissions have all been invented. But these technologies now require a path toward mass economies of scale to make a difference.
In a speech on Wednesday in Paris at the COP21 climate conference, Secretary of State John Kerry announced that the U.S. will double its funding for climate adaptation.
The Climate Vulnerable Forum is made up of 43 member-countries, including more than 20 who joined at the onset of COP21. They are the true heroes at COP21, pushing for a 1.5-degrees Celsius limit.