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Africa Could Become Fertile Ground For New Energy Investment

Africa Could Become Fertile Ground For New Energy Investment

Africa wants to become fertile ground for new energy investment — investments that would help electrify parts of the continent and make it ripe for news businesses and new jobs.

industrial plant emissions

Will New Analysis Raise US Business Support for Carbon Pricing Policy?

As global companies increasingly rally behind putting a price on carbon, new analysis from the World Resources Institute finds a carbon price — either a carbon tax or cap-and-trade program — would reduce emissions even more than the US Energy Information Administration has predicted. In WRI’s new issue brief, Putting … Read more »

Paris

COP21: Carbon Pricing, Bill Gates, Businesses Act on Climate Change

As the COP21 climate talks continue in Paris global leaders and organizations are stepping up calls for carbon pricing. The leaders of France, Germany, Canada, Chile, Mexico and Ethiopia, as well as heads of the World Bank, International Monetary Fund and Organization of Economic Cooperation and Development say either taxing … Read more »

Banks Support Environmental Risk Management Program

Banks Support Environmental Risk Management Program

The Natural Capital Declaration has launched an environmental risk management program, which develops methodologies and tools to map natural capital risks across lending and investment portfolios and to help embed them in credit risk assessments. The $4.3 million fund program is supported by a number of leading financial institutions including … Read more »

CDSB Launches Framework for Natural Capital Reporting

The Climate Disclosure Standards Board has launched a framework for reporting natural capital and environmental information in mainstream corporate reports for the benefit of investors. The framework, which became available Monday, will rely on methodologies such as the emerging natural capital protocol and is designed to fill the current gap in international … Read more »

Shell logo

Flaring Leads to Increased GHGs for Shell

Royal Dutch Shell, in its 2014 Sustainability Report, says it saw improved environmental performance in most areas; however, flaring led to an increase in the company’s overall greenhouse gas emissions. Direct GHG emissions from facilities went up 4 percent, from 63 million metric tons of CO2 in 2013 to 76 … Read more »

Public Sector Takes Up Integrated Reporting

Global public sector organizations have launched an initiative designed to help them improve transparency and build trust through integrated reporting. The Public Sector Pioneer Network launched yesterday at the World Bank Public Sector Integrated Reporting Conference in Washington, DC, where experts from organizations including the World Bank, United Nations Development … Read more »

Levi's

Levi’s, IFC Incentivize EHS Standards

Levi Strauss & Co is working with International Finance Corporation, a member of the World Bank Group, to provide financial incentives for garment suppliers in developing countries to upgrade environmental, health, safety and labor standards. IFC’s Global Trade Supplier Finance program adopts tiered pricing of short-term financing for garment suppliers … Read more »

Low-Carbon Energy System Could Save $1.8 Trillion

Two studies by the Climate Policy Initiative released yesterday indicate that with the right policies in place, a low-carbon energy system could free up trillions of dollars over the next 20 years. The reports were commissioned by the New Climate Economy project as part of research conducted for the Global … Read more »

Farmers Fight Coca-Cola Over Groundwater

In Mehadiganj village, Uttar Pradesh state, India, the lack of groundwater has set farmers against a local Coca-Cola bottling plant, as both vie for the dwindling resource, according to Bloomberg. In August, Coca-Cola abandoned a $24 million expansion plan for the site, citing delays in permits to extract more water, … Read more »

Obama at Climate Summit

Climate Summit Roundup: Obama, Carbon Pricing, Anti-Deforestation Pledge

Major companies and counties across the globe committed to cut emissions and advance a low-carbon economy at yesterday’s UN Climate Summit. Pledges include: President Obama said the US will meet its 17 percent emissions reduction target by 2020, compared to 2005 levels. The US will release a new target next … Read more »