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Climate impacts to scythe 18 per cent off global GDP by 2050, Swiss Re warns

Business Green

Climate change is on course to slash up to 18 per cent off global GDP by 2050, making the world trillions of dollars poorer if mitigating action is not taken and global temperatures soar to 3.2C By 2050, the world population will grow to almost 10 billion people, especially in regions most impacted by climate change. down to below 2C.

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Demystifying the ?Absolute Zero? concept

GreenBiz

The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbon negative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts. Offsetting versus insetting.

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'Net zero is not enough': Why climate experts are calling for 'net negative' emissions strategies

Business Green

Climate Crisis Advisory Group argues that atmospheric concentrations of CO2 could reach dangerous levels by 2050, even if net zero targets are met. Net zero is going to have to become net negative. Following a pathway leading only to net zero by 2050 is now too little too late", today's report states. by the end of the century.

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For a livable future, 60% of oil and gas must stay in the ground

Grist

This means that global oil and gas production must decline 3 percent on average every year until 2050. “I The first has to do with the carbon budget — the amount of carbon that can be emitted before the planet warms more than 1.5 degrees C above preindustrial temperatures. “If If we want a higher chance of staying below 1.5

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For Peats Sake …

Fairsnape

There were a number of Key Actions discussed, but the most important, in my opinion, was that of Education in respect of peat free compost, but perhaps more importantly awareness on peatlands negative and positive contribution to the carbon emergency we face. We rarely think about improving the carbon capture of peatlands.

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Mobilising institutional investment is critical for financing nature-based climate solutions

Business Green

Nature-based solutions can cost-effectively provide roughly a third of the climate action needed by 2030 and, unlike other carbon removal technologies, are available and proven now. This follows analysis last year by The Nature Conservancy and others that found the biodiversity financing gap is roughly $711bn per year.

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UK Ministers Met 1-on-1 with Fossil Fuel and Biomass Producers Nine Times as Often as Renewables Since Kwasi Kwarteng Took Energy Portfolio

DeSmogBlog

Policymakers met with fossil fuel and biomass producers nine times as often as with their renewable energy counterparts, DeSmog can reveal, raising fresh concerns over the depth of the government’s commitments to reaching net zero emissions by 2050. Drax Access. to Yorkshire, and the emissions impact of burning wood for power.