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Fossil fuel divestment is rational, says former Shell chairman

Mark Moody-Stuart laments ‘remarkably little progress’ by oil industry on climate change in last two decades and says divestment is ‘rational’ response The former chairman of Shell has said that investors moving their money out of fossil fuel companies is a rational response to the industry’s “distressing” lack of progress on climate change. Sir Mark [...]

Brazil’s ditching of climate change targets may not signal policy shift

Dilma Rousseff’s reneging on a plan to limit CO2 emissions had many fearing the worst but June’s summit with the US may simply mean a delayed announcement First it was there. Then it was gone. The long-awaited announcement of Brazil’s new climate target came and went with a sleight of hand that caused an uproar [...]

UN Sustainable Energy for All Announces Global Bioenergy Initiative

UN FAO, Roundtable on Sustainable Biomaterials, Bloomberg New Energy Finance, Carbon War Room, KLM, Novozymes and the UN Foundation partner to scale up the development and deployment of sustainable bioenergy solutions to meet the global need for sustainable energy As part of the 2nd Annual Sustainable Energy for All (SE4ALL) Forum, a new multi-stakeholder coalition, [...]

Global investors launch platform for climate actions and commitments

Online hub captures wide range of investor climate change initiatives As companies, investors and policymakers gather in Paris for Climate Week to galvanize momentum ahead of a global deal at COP 21, investors have launched an online platform that for the first time will identify and record the wide range of actions on climate change [...]

Sustainable business and the value of values

This is the latest installment in a regular series of conversations with William McDonough (@billmcdonough), designer, architect, author and entrepreneur. View previous columns here. Joel Makower: You’ve been talking a lot lately about value versus values, and how companies give priority to the former over the latter. Shouldn’t they go hand in hand? Bill McDonough: [...]

The End of Coal?

Rainforest Action Network, BankTrack, and the Sierra Club present the 2015 Coal Finance Report Card There’s a growing global recognition that it’s time for banks to stop funding coal: it’s financially risky and implicates them in serious environmental and human rights abuses. But the largest global investment banks continued to finance coal mining and power [...]

Envirodevonomics: A Research Agenda for a Young Field

Environmental quality in many developing countries is poor and generates substantial health and productivity costs.  However, existing measures of willingness to pay for environmental quality improvements indicate low valuations by affected households.  This paper argues that this seeming paradox is the central puzzle at the intersection of environmental and development economics: Given poor environmental quality [...]

Establishing China’s Green Financial System – Report of the Green Finance Task Force

The report is the outcome of a Green Finance Task Force which was tasked to develop policy, regulatory and market-innovations to better align China’s financial system with the needs of green industry and sustainable development. On Wednesday 22 April 2015, China’s central bank, the People’s Bank of China, launched a ground-breaking report that sets out [...]

Humanity is having a devastating effect on the diversity of life on Earth

The Sixth Extinction: An Unnatural History.  By Elizabeth Kolbert.  Henry Holt; 302 pages; $28.  Bloomsbury; £20.  Buy from Amazon.com, Amazon.co.uk BLEAK headlines abound about species on the brink. Monarch butterflies in Mexico are struggling. So are starfish in America, vultures in South Asia and coral reefs everywhere. This is depressing stuff. It’s also a glimpse [...]

New ISU report highlights crucial role of tropical forests

Protecting and restoring tropical forests could provide up to a third of the solution to climate change, according to a report published today. Tropical Forests: A Review, published by The Prince of Wales’s International Sustainability Unit (ISU), is a comprehensive and up-to-date assessment of science and policy in this area. It highlights the pivotal importance [...]

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