A new report indicates that it is feasible to realize below 2 degrees Celsius of global warming — that is, if governments and companies pursue a faster transition to clean energy innovation.
At the start of the month, we reported on the fact that after four years of deliberation, the Russian government appeared to finally give support to the Paris Agreement. Not a complete ratification but on the way to it, by all accounts from Russian sources. For many, it felt like a strange turn of events in the face of President Vladimir Putin’s strong denials of global warming, while also proving a step in the right direction toward global consensus on climate change action.
A new study by researchers from the University of Cambridge has concluded that 7% of global Gross Domestic Product (GDP) will disappear by 2100 as a result of business-as-usual carbon emissions, reinforcing the need for countries around the world to fully commit to achieving the goals of the Paris Agreement.
Because of their contributions to the ecosystem, tapirs are thought of as landscape architects and engineers.
Yet another report has stated that India is on-track to meet the commitment it made as part of the Paris Agreement. This time the report comes from the global credit rating agency Moody’s.
A new report published this week shows that 33 global banks provided $1.9 trillion to fossil fuel companies since the adoption of the Paris Climate Agreement at the end of 2015 and that the amount of fossil fuel financing has increased in each of the past two years.
US-based oil and gas major Chevron has attempted to undercut a shareholder rebellion by announcing plans to align its business strategy with the Paris Climate Agreement, vowing to cut greenhouse gas emissions by 25% to 30%. However, the company’s promises do not fully meet investor demands.
Two-thirds of greenhouse gas (GHG) emissions originate from the energy sector, and most of this is wasted. “We don’t need more, we need better.”
Oil and gas major BP has announced it will support a resolution put forward by a group of institutional investors which calls for the company to align its business strategy with the goals of the Paris Agreement and to improve its corporate reporting and transparency on climate change-related risks and opportunities.
“Health benefits far outweigh the costs of meeting climate change goals,” says the World Health Organization (WHO).
