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Articles related to "Economics of climate change"

News

Investors say private sector must tackle climate change - 16 January 2012

Institutional investors with a collective $26 trillion under management have opened a new front in the fight against climate change, urging the private sector to mobilise and find new technologies to cut greenhouse gas emissions.

Hungarian climate law postponed over job concerns - 24 February 2010

Hungary could have become the second EU member state after the UK to pass an overarching climate framework bill. But the ruling socialist party backed down on Monday (22 February) citing job concerns after heavy pressure from the industrial lobby. EurActiv Hungary reports.

Finance sector makes voice heard at UN climate talks - 17 December 2009

Executives from Merrill Lynch and Goldman Sachs spoke alongside former world leaders in Copenhagen yesterday (16 December) to promote private finance as a way of helping poor nations switch to low-carbon energy sources. EurActiv reports from the Danish capital.

Turn climate action into Apollo mission, says leading MEP - 14 December 2009

The United States succeeded in bringing people to the moon: a dream that nobody thought would be realised. Perhaps we should think of climate protection as the new Apollo programme, the vice-chair of the European Parliament's delegation in Copenhagen, Karl-Heinz Florenz, told EurActiv in an interview.

EU cobbles together climate aid for Copenhagen - 11 December 2009

European Union leaders claimed today (11 December) they had drawn up "a very strong mandate" to take to the UN climate change conference in Copenhagen next week, committing 2.4 billion euros per year to help developing countries tackle global warming. But senior politicians and NGOs cried foul, saying the sum was no more than a re-packaging of existing development aid.

Leaked climate agreement widens rich-poor divide - 09 December 2009

A row in Copenhagen widened divisions between developed and developing countries yesterday (8 December) over a leaked document spelling out details of a political agreement which is reportedly seen as setting unequal limits per capita carbon emissions between rich and poor countries. But negotiators called for order and a focus on the essentials.

Nature 'services' undervalued, EU report finds - 16 November 2009

The cost of nature conservation is by far outweighed by societal and economic benefits, argues a new report supported by the European Commission and published on Friday (13 November). 

Business group calls for low-carbon economy in the UK - 23 September 2008

A business group consisting of some of Britain's largest corporations is calling for a cross-party effort to deliver the necessary "transformational change" across the economy to meet the threat of climate change. 

Survey: Climate change action still beyond strategies of many firms - 18 February 2008

While most company executives consider the risks and opportunities of climate change to be important, over a third of multinational firms "seldom or never" factor the issue into their overall strategy, according to the results of a recent survey by McKinsey.

EU finance ministers call for 'cost-effective' climate policies - 11 February 2008

EU economics and finance ministers want to ensure that the bloc's climate change policies do not undermine public finances and job growth. The EU's carbon market and other 'market-based instruments' are the preferred option for cutting the bloc's carbon emissions, according to the ministers' draft conclusions, to be adopted on 12 February.  

Poor countries need billions to cut emissions - 06 December 2007

Calls for increased investment from rich countries in low-carbon technologies for the world's poorest regions have intensified in Bali, as new reports point to the climate risks related to the rapidly accelerating energy demand in developing countries.

UN counts on carbon markets to fund climate change investments - 06 September 2007

Dealing with climate change will require significant changes in global investment patterns, including investment flows to the developing world of up to 1.7% of global GDP by 2030, according to a United Nations report that points to the potential of emissions trading as a promising source of funding. 

German climate plan gets mixed reviews - 27 August 2007

Pledging up to 36% less CO2 emissions by 2020 compared with 1990 levels, on 24 August the German government agreed an ambitious energy and climate plan. But critics say that it is too costly and will fail to meet its goals.

EU urged to adapt to global warming - 02 July 2007

Forest fires, heat waves, population displacements, disease proliferation and increased water scarcity for agriculture are some of the inevitable consequences of climate change that EU countries need to prepare for, the European Commission has warned in a new Green Paper published on 29 June.

Oxfam tells G8 to pay for climate change - 30 May 2007

Rich countries should provide $50 billion annually to help Africa and other impoverished nations face the consequences of climate change that cannot be avoided, including droughts, floods and declining crops, the NGO has said in a report ahead of the G8 summit in Heiligendamm, Germany.

UN agrees on options to mitigate global warming - 04 May 2007

After four days of intense negotiations, the Intergovernmental Panel on Climate Change (IPCC) has released a report laying down options to reduce emissions of greenhouse gases held responsible for global warming. The Commission has hailed the report as a confirmation of the EU's leadership on climate change.

Opinion

Carbon Tax: A Fiscal Exit Strategy of the Crisis - 15 September 2009

An EU-wide carbon tax could provide a solution to "many of the main problems of today," claims Žiga Turk, university professor and former Slovenian minister for growth, in a recent post on Blogactiv.

'Green' taxation in a recession - 03 September 2009

As governments face up to the challenge of moving towards a low-carbon economy in the midst of a recession, the tax system "can be a powerful device for changing behaviour," argues the Association of Chartered Certified Accountants (ACCA) in an August policy paper.

Climate Change: Bring Africa in from the cold - 12 March 2009

The climate regime adopted at Kyoto have hindered sustainable development in Africa, argues Araya Asfaw, director of the Horn of Africa Regional Environment Centre at Addis Ababa University, Ethiopia in a March opinion paper for  the Science and Development Network (SDN), arguing that the rules of the game must change in Copenhagen.

Towards zero greenhouse gas emissions - 11 February 2009

A world of zero net greenhouse gas emissions "will be needed to achieve climate stability," argue Christopher Flavin and Robert Engelman, president and vice-president of the Worldwatch Institute, in a 2009 publication.

Not sky-high: The cost of reducing greenhouse gases - 28 November 2008

Increasing "carbon productivity" is key to tackling the double challenge of climate change and economic recession, Jeremy Oppenheim, Eric Beinhocker and Diana Farrell, researchers at consulting firm McKinsey, write in the 15 November edition of Newsweek International.

Climate change policy after the financial crisis - 07 November 2008

"While many assume that a recession will reduce the ambition of the EU and other countries to press ahead with climate change policies, the opposite may well be the case," argues Christian Egenhofer, a senior fellow at the Centre for European Policy Studies (CEPS).

Curbing climate change and sustaining economic growth - 04 July 2008

To tackle the current global challenge of climate change, the world must balance two crucial objectives: stabilising atmospheric greenhouse gases while maintaining economic growth, argue a group of consultants from the McKinsey Global Institute (MGI) in a June 2008 report.

The economics of climate change adaptation - 20 February 2008

There are clear similarities between climate change adaptation and economic behaviour and thus the issue can be dealt with within the framework of economic analysis, argues a policy brief by Asbjørn Aaheim and Marianne Aasen for the Centre for European Policy Studies (CEPS).

The benefits of a low-carbon future - 02 October 2007

The costs of early action on climate change are likely to be "several orders of magnitude below those of inaction" and are not just economic, writes Janet Sawin for the Worldwatch Institute.

Anticipating the social impact of climate change - 12 July 2007

Climate change represents a major challenge for employment policies both in terms of gains and losses, according to a February 2007 study conducted by the European Trade Union Confederation (ETUC) and the Social Development Agency (SDA) for the European Commission. Even the most optimistic climate-change scenario will have a major impact on economic activities and employment, the report states.

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