The European Commission is enabling EU’s financial sector with the tools it requires to put forward concrete action in the fight against climate change; leading the way to a greener and cleaner economy. More investments will be channelled into sustainable activities thanks to new rules that define the criteria to determine whether an economic activity […]
In a recent statement, Bank of England governor Mark Carney, emphasized the need for financial institutions to disclose their vulnerabilities to climate change. Indeed, he highlighted “catastrophic” consequences that climate change could bring on the financial system unless the institutions are more transparent on how they manage these risks. A momentum inspired by the TCFD This […]
As world leaders agree to tackle climate change, the business community expects new sets of rules to be put in place by governments. Some organizations may think that these new regulations will only apply to a few sectors of activities such as fossil fuels for instance, and will have little repercussion on their business activities. […]
Oil and gas companies are asked by large asset managers to to do more about climate change and “…clarify how they see their future in a low-carbon world…”, “… [being] compatible and consistent with a pathway towards the Paris goal.”. This demand comes in a context where investors are looking for pro-active solutions rather than divesting […]
A policy debate is needed to recognize that there is a cost to doing little or nothing to curb GHG emissions. Real and rising costs are now being felt in two key areas: the economic and financial impact of increasingly severe weather, and the impact on public infrastructure. Governments across Canada are engaged in trying to […]
The White House has cancelled a USD 10-million per year NASA a Carbon Monitoring System (CMS) programme that tracks carbon and methane, key GHG gases that contribute to global warming, the journal Science said. Read full article by Paul Voosen in Science Mag here
Multilateral development banks (MDBs) are falling short of pledges to climate-proof their investment portfolios, according to a report by think-tank E3G. None of the big six are shifting fast enough to clean investments, finds E3G report, but the Inter-American Development Bank is a frontrunner. Read the full article published by the Climate Change News here
Despite efforts to get more people out of their vehicles, B.C. is not expected to meet its 2007 target to reduce greenhouse gas emissions. Therefore the B.C. government has dropped its GHG reduction target by setting a new target of 40 per cent reduction of 2007 levels by 2030. Read the full article by Mike Laanela from CBC […]
Between 2009 and 2013, the global footprint of the tourism sector increased from 3.9 to 4.5 gigatonnes of CO2 equivalent (GtCO2e), ie + 15%, or four times more than the previous assessments indicated, calculated researchers, whose study is published in Nature Climate Change.
Carbicrete‘s technology is distinguished by the creation of a cementless concrete, which uses a process of CO2 sequestration. Their process allows manufacturers to produce carbon-negative concrete without using any cement. Carbon Consult Group is proud to have contributed to this success by carrying out the CO2 reduction potential assessments for this project and congratulates Carbicrete […]