Climate finance
A Mars a day could keep climate change away
NEWS: Chocolate company says new wind farm project will deliver enough energy to offset entire US operations
Australia slashes emission penalties in new climate plan
NEWS: 130 companies liable for carbon pollution penalties under Direct Action Plan, which opens with A$1.55 billion budget
African Development Bank launches new climate change fund
NEWS: ADB says focus will be on finance readiness, so countries can apply for Green Climate Fund backing later this year
Pope urged to back fossil fuel divestment campaign
NEWS: Pope should use influence to encourage institutions to remove their funds from fossil fuel industry, write religious groups
Seven steps to cracking the climate finance conundrum
ANALYSIS: Funding low carbon investments in developing countries lies at the core of UN talks – but it’s not impossible
Solar surge credited with 10% rise in clean energy investments
NEWS: Household solar systems in Japan and US accounted for $21.2bn of investments in Q1 of 2014
Cutting CO2 emissions saves money, says UN climate panel
ANALYSIS: Costs of global transition to clean energy sources smaller than expected, and could offer huge benefits
Harvard faculty demands fossil fuel divestment
NEWS: Harvard’s refusal to divest from fossil fuels is “self-contradictory” and illogical, claim university faculty members
US, UK, Germany canvass private sector on boosting climate finance
NEWS: World Bank and Merrill Lynch among those working on ‘Climate Finance Lab’ to speed up $100bn fundraising goal
Climate action is ‘only way’ to grow economy – Unilever CEO
NEWS: Businesses are starting to understand climate risks, says Paul Polman, but governments are failing to respond
Norway’s oil fund to increase clean energy investments
NEWS: Norway’s $800 billion wealth fund to double investments in renewables and energy efficiency
How can developing nations close the climate finance gap?
COMMENT: Cash flows from rich to poor remain slow, but developing nations aren’t wasting time waiting
China’s Hubei province launches carbon market
NEWS: China’s sixth regional carbon market prepares further ground for a national carbon market
Carbon market ‘hot air’ undermining EU’s climate strategy
NEWS: carbon credit surplus hindering Europe’s emissions trading scheme from operating effectively, say analysts
Exxon Mobil dismisses climate change risks to future growth
NEWS: Fossil fuel giant says ‘stranded assets’ are not a risk to the company, as the world needs all its oil
California rewards energy users with ‘climate credits’
NEWS: Bill payers will receive a welcome bank account boost this month, as state’s carbon policies start to pay off
IPCC: specific costs of climate change impacts still unclear
NEWS: placing a dollar cost on potential climate threats proved hard for IPCC scientists and economists
Yvo de Boer: It’s time to measure the ‘true value’ of business
COMMENT: What if cost of environmental damage caused by businesses were subtracted from their profits?
Green Climate Fund’s future threatened by old divisions
ANALYSIS: UN climate deal hangs on the launch of a new green fund – but splits at board level could see this delayed
EU backs big curbs on superstrength greenhouse gases
EU parliament votes overwhelmingly for partial ban on potent greenhouse gases used in fridges and airconditioners