Climate change

2020 Call for Code Global Challenge Led by IBM Takes On Climate Change on 75th Anniversary of United Nations

Wednesday, February 26, 2020 - 8:00am

Experience the interactive Multichannel News Release here:

Key Points: 
  • Experience the interactive Multichannel News Release here:
    On its 75th anniversary, the United Nations is demanding a 'global reality check' and has launched the biggest-ever global conversation on how to address the world's most pressing issues such as climate change.
  • Three quarters of respondents agree that the open source community can help scale climate change solutions to communities in need.
  • "As part of the 75th anniversary of the United Nations, we are proud to work with our Founding Partner IBM to help commemorate this momentous occasion by focusing the 2020 Call for Code Global Challenge on climate change.
  • In a 'global reality check', four innovative data streams will build the first ever repository of crowd-sourced solutions to major global challenges, including climate change.

Climate change and agriculture

Saturday, February 22, 2020 - 12:03am

This POSTnote examines measures to reduce the impacts of food production and agricultural land use on climate change (mitigation) and to adapt agricultural land use to that change (adaptation).

Key Points: 
  • This POSTnote examines measures to reduce the impacts of food production and agricultural land use on climate change (mitigation) and to adapt agricultural land use to that change (adaptation).
  • Agriculture is responsible for a substantial proportion of UK (10%) and global (10-12%) greenhouse gas (GHG) emissions that cause climate change.
  • In the UK, climate change is projected to result in warmer, wetter winters and hotter, drier summers.
  • Globally, climate change is projected to increase temperatures and change rainfall patterns; increasing the frequency of extreme events, such as droughts and floods.Resulting impacts on food production come at a time when there is increasing pressure from population and consumption growth.Impacts of climate change on agriculture across the globe will have direct implications for UK food security as the UK imports 40% of the food it consumes.

ICE to Recommence Emissions Auctions on Behalf of the UK Government Publishes Auction Calendar for 2020

Friday, February 21, 2020 - 5:42pm

Aviation allowances (EUAAs) are scheduled to be sold during one auction on March 25, 2020.

Key Points: 
  • Aviation allowances (EUAAs) are scheduled to be sold during one auction on March 25, 2020.
  • In line with the Withdrawal Agreement, the UK will remain in the EU ETS until December 31, 2020.
  • ICE has conducted Phase III EUA auctions on behalf of the UK Government since November 2012 and the first EUAA auction on ICE took place in September 2014.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

New Climate Action Funding Announced for Science North

Friday, February 21, 2020 - 4:57pm

Today,at the Thunder Bay Science Festival, the Minister of Health, Patty Hajdu, on behalf of the Minister of Environment and Climate Change, Jonathan Wilkinson, announced $100,000 in funding through the federal government's Climate Action Fund to Science North.

Key Points: 
  • Today,at the Thunder Bay Science Festival, the Minister of Health, Patty Hajdu, on behalf of the Minister of Environment and Climate Change, Jonathan Wilkinson, announced $100,000 in funding through the federal government's Climate Action Fund to Science North.
  • This funding will allow Science North to engage Indigenous students and youth across Northern Ontario on climate change.
  • These activities, such as the Climate Connections event taking place today at the Thunder Bay Science Festival, will increase students' understanding of climate change science and empower them to take climate action.
  • Through outreach programs and Climate Connections events delivered by Science North and funded by the Climate Action Fund, students will become more informed and innovative citizens who are motivated and skilled to create a better future through action."

The Financial Industry Could Lose up to US$1 Trillion If It Fails to Respond to Climate Change According to Oliver Wyman

Friday, February 21, 2020 - 12:54pm

The financial industry could lose up to $1 trillion in the event of major policy shifts that aim to slow climate change, such as levying a carbon tax.

Key Points: 
  • The financial industry could lose up to $1 trillion in the event of major policy shifts that aim to slow climate change, such as levying a carbon tax.
  • This is according to Climate Change: Three Imperatives For Financial Services , a new report by Oliver Wyman, the global management consultancy.
  • Previous studies have estimated that the green economy will require up to US$6 trillion of capital mobilized in the coming years.
  • The report highlights three recommendations that banks must follow in the face of climate change:
    Act on the risks.

SKF Increases Shift Towards Carbon Neutral Manufacturing

Thursday, February 20, 2020 - 8:15am

GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela, Spain, has become the Group's second manufacturing site to achieve carbon neutral status.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela, Spain, has become the Group's second manufacturing site to achieve carbon neutral status.
  • At both Steyr and Tudela, approximately 500 tonnes of CO2 emissions per year from heating facilities are being compensated for by Gold Standard carbon offsets.
  • Julian Jimenez Argudo, Tudela Factory Manager, says: "Being able to offer our customers products that have been manufactured in a carbon neutral factory sets us apart from the rest.
  • With 2015 as the base year,SKF aimsto reduce its CO2 emissions from manufacturing per tonne of sold bearings by 40% by 2025.

Central banks plan radical regulatory changes to tackle climate crisis - time for banks to get ready

Wednesday, February 19, 2020 - 2:50pm

"Four years after the Paris agreement the climate change debate continues to proliferate.

Key Points: 
  • "Four years after the Paris agreement the climate change debate continues to proliferate.
  • The report, based on research and surveys with 33 central banks and regulatory authorities, finds that 70% of respondents consider climate change a 'major threat' to financial stability.
  • Just over half of central banks (55%) say they are monitoring climate risks.
  • Central banks and regulatory authorities are increasingly integrating climate risks into their activities.

IEN Report: ESG Investing Performs “as Well or Better” Than Traditional Approaches at Early-Adopter U.S. College, University Endowments

Wednesday, February 19, 2020 - 6:43pm

Is environmental, social and governance (ESG) investing a good or bad thing for the bottom lines of U.S. college and university endowments?

Key Points: 
  • Is environmental, social and governance (ESG) investing a good or bad thing for the bottom lines of U.S. college and university endowments?
  • The IEN report also reviews overall research about ESG investing performance.
  • As the report notes: For many endowments, stakeholder calls for fossil fuel divestment have been a driving motivation for exploring sustainable investing strategies.
  • IEN has more than 165 network members including endowments, asset managers, investment consultants, nonprofit partners and individuals.

Government of Canada supports climate action by the Assembly of First Nations Yukon Region

Tuesday, February 18, 2020 - 7:00pm

The Government of Canada is supporting positive climate action to protect the environment and transition to a cleaner economy.

Key Points: 
  • The Government of Canada is supporting positive climate action to protect the environment and transition to a cleaner economy.
  • Today, the Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, announced $250,000 in funding for the Assembly of First Nations Yukon Region through the Climate Action Fund.
  • I'm inspired to see the Assembly of First Nations raising awareness of climate change and empowering communities and youth to take climate action.
  • Since 2018, funding from the Climate Action Fund has supported a wide variety of initiatives that spur conversations and encourage climate action.

Elanco’s East Africa Growth Accelerator delivers $8+ million in socio-economic value for smallholder farmers in East Africa, progress against Sustainable Development Goals

Monday, February 17, 2020 - 2:44pm

According to the FAOs 2018 Regional Overview of Food Security and Nutrition, 20% of the population in Africa is undernourished1.

Key Points: 
  • According to the FAOs 2018 Regional Overview of Food Security and Nutrition, 20% of the population in Africa is undernourished1.
  • In Eastern Africa, the prevalence is higher than the continental average at 31%, or more than 130 million undernourished people.
  • The impact and social return on investment we are seeing with the EAGA initiative so far reiterates that belief.
  • Healthier animals are making a real difference for East African families and communities through the livelihoods and well-being they support.