Carbon tax and divestment movement are gaining support

If climate change is getting each month more scary, our answers to it are getting bigger. The carbon tax is gaining support as The World Bank reports that no less than 74 countries and over a thousand companies are supporting it.

World Bank advocates climate-smart action and cleantech

So you thought avoiding climate change by investing massively into cleantech would be bad for economic growth and GDP ? Please pray do read on and share. As Euractiv noted : ” Global economic output could rise by as much as an additional $2.6 trillion (€1.9tn) a year, or 2.2%, by 2030 if government policies… Continue reading World Bank advocates climate-smart action and cleantech

Divestment reaches large investors

According to the New York Times and Reuters, more than a dozen large foundations representing more than $2 billion  (around 1.48 billion euros) in assets will stop investing in fossil fuels, just as the World Bank and the United Nations advise. To Reuters : ” The Divest-Invest Philanthropy coalition includes foundations, such as the Park… Continue reading Divestment reaches large investors

The beginning of the end for coal

Carl Pope, the former executive director and chairman of the Sierra Club published an article on the very topic last week as the World Bank and the US government announced they wouldn’t fund coal anymore. But this week, there was another third blow on financing coal. As The Guardian reported : ” The European Investment… Continue reading The beginning of the end for coal

Another year, another CO2 emissions record

This is getting really worrying. To the German renewable energy institute, global CO2 emissions rose by 2.5 percent in 2011. The IEA on its side saw a 3.2 percent increase. Global emissions are now 50 percent higher than in 1990. This is taking place as respected organizations such as the World Bank, the IEA and… Continue reading Another year, another CO2 emissions record

World Bank urges to ” turn down the heat “

Earlier this week, the World Bank published a new report called “Turn Down the Heat” with catastrophic figures, as to their projections, global temperatures could rise by 4°C by 2100. As this venerable institution notes, this would have catastrophic consequences for the world’s poorest as extreme weather, decreasing crops quantities, biodiversity loss, water scarcity and… Continue reading World Bank urges to ” turn down the heat “

Celebrating the 25 years of The Montreal Protocol

Despite all the gloom and doom of current events, there are reasons to celebrate, and to hope as the Montreal Protocol turned 25. This was at the time – and it still is – a huge success on environmental and climate issues. Indeed, the World Bank noted that ” The Montreal Protocol, by controlling the consumption… Continue reading Celebrating the 25 years of The Montreal Protocol

Latest news of the Great green wall of Africa

With over 1,300 articles published here so far, it is sometimes hard to keep up with old topics. So for today’s post I would like to present you an update of the Great green wall of Africa Back to 2010 I was writing that several African countries are willing to stop the Sahara desert to… Continue reading Latest news of the Great green wall of Africa

Sustainability is the only way out

I was really thinking about if I should share the latest World Bank prospects with you. To this most venerable agency, economic growth is due to be nearly flat lining globally this year. With less money for the traditional economy, isn’t it time to embrace sustainable alternatives ? Energy efficiency and renewables are growing faster… Continue reading Sustainability is the only way out

Scary report from United Nations and World Bank

To the New York Times : “Annual monetary losses for natural disasters are expected to rise to $185 billion worldwide by the end of the century, even without factoring in the anticipated negative impacts of climate change.” ” With climate change included, the global annual losses could increase by anywhere from $28 billion to $68… Continue reading Scary report from United Nations and World Bank

World Bank funds solar projects in North Africa

The World Bank via its Clean Technology Fund is investing $750 million (522 million euros) in eleven concentrating solar plants in the Middle East and North Africa region. This is due to spur additional investments worth $4.85 billion. These projects are due to add nearly a gigawatt of capacity to local grids within three to… Continue reading World Bank funds solar projects in North Africa