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UN Advisory Group on Climate Finance Report Falls Flat

By : sustainabilityo..., Nov 5, 2010

A new report on climate change financing options released today by a U.N. Advisory Group unwisely emphasizes carbon markets and other private finance options, while irresponsibly advocating an increased role for multilateral development banks (MDBs). Despite concluding that...

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UN panel sees sources for billions for climate

By : sustainabilityo..., Nov 5, 2010

A high-level U.N. panel on Friday outlined potential sources, including levies on international flights, to raise up to $100 billion a year in new money for poorer countries to cope with climate change and reduce their greenhouse gas emissions.

The greatest...

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UN want higher taxes to fund climate warning fight

By : sustainabilityo..., Nov 5, 2010

UNITED NATIONS (AFP) – A top UN panel on Friday called for increased taxes on carbon emissions and air and sea transport to raise 100 billion dollars a year to combat climate change.

The group led by the prime ministers of Norway and Ethiopia also proposed a tax on...

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China vows efforts with UN for fruitful climate summit

By : Preeti Aggarwal, Nov 3, 2010

China's top legislator Wu Bangguo said Tuesday that China will join efforts with the United Nations and countries around the world to push for a fruitful year-end climate change summit in Cancun, Mexico.

Wu, chairman of the Standing Committee of China's National People...

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UN could tap private sector to meet $100bn Copenhagen pledge

By : Preeti Aggarwal, Nov 3, 2010

Governments seeking to raise $100bn (£62.2bn) to help poorer countries mitigate the effects of climate change look set to milk private sector cash flows, according to a leaked document.

UN advisers are looking at new sources of cash to meet the promise made by...

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Models of climate action to be showcased daily by UN agency, ahead of Cancun parlay

By : Preeti Aggarwal, Nov 2, 2010

A project to light up the Indian countryside with the power of the sun is one of 30 solutions to climate change to be showcased each day, starting today, in the month leading up to the next major meeting on the topic, according to the United Nations Evironmental Programme (...

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Subject Tags: United Nations

A lifeline for ecosystems?

By : Preeti Aggarwal, Nov 2, 2010

A historic global treaty to protect the world's forests, coral reefs and other threatened ecosystems within 10 years was sealed at a UN summit.

Rich and poor nations agreed to take "effective and urgent" action to curb the destruction of nature in an effort to halt the...

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Japan offers $2bn environment rescue package

By : Preeti Aggarwal, Oct 27, 2010

Japan announced Wednesday a two-billion-dollar environment rescue package for developing countries in a bid to kickstart tense UN talks aimed at securing a pact on saving biodiversity.

Prime Minister Naoto Kan said Japan wanted to help lead the world in protecting the...

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Rich reluctant to pay for medicines, biodiversity deal stuck

By : sustainabilityo..., Oct 27, 2010

The ongoing UN biodiversity summit remained stuck here Tuesday over the reluctance of rich countries to pay more for medicines and cosmetics derived from plants in poor countries. Negotiators from 192 nations failed to meet the deadline to send a draft deal to the 100-odd...

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U.N. Panel Seeks To Streamline JI CO2 Cutting Scheme

By : Preeti Aggarwal, Oct 26, 2010

A United Nations panel has proposed merging the two tracks of its Joint Implementation (JI) emissions cutting mechanism under the Kyoto Protocol, the JI Supervisory Committee (JISC) said.

Under JI, companies can invest in carbon-cutting projects in nations that...

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Subject Tags: United Nations