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El Niño could cost the global economy $3 trillion

Grist

Drought in Indonesia and Southeast Asia during and directly after an El Niño event leads to wildfires, which also damage homes and other infrastructure and lead to economic losses. This story was originally published by Grist with the headline El Niño could cost the global economy $3 trillion on May 18, 2023.

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Alok Sharma: 'Finance and investment are the lifeblood of net zero projects'

Business Green

Business Secretary pushes green finance agenda as he unveils £12m climate fund to support projects Africa, Asia and South America.

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Rainforest study: Scientists now know the temperature at which photosynthesis stops

Grist

Researchers say political stability in rainforest countries plays a major role in ensuring forest protection, which could go a long way towards increasing forest resilience to catastrophic outcomes. In July of this year, deforestation in the Amazon fell by 66 percent, hitting a six-year low.

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'We will not fight climate change with a virus': UN chief warns both climate and coronavirus emergencies 'must be defeated'

Business Green

Australia's 2018-2019 summer was the hottest ever recorded, while heat records were also broken in France, Germany, and the UK, and Siberia and Alaska saw unusually high levels of fire activity, along with large parts of South East Asia and South America.

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Carbon neutral eggs

Business Green

Far from it - a complex web of other changes are also needed to build a more sustainable food system, including more efficient transport, regenerative farming methods and the development of more climate resilient crops. At present, animal diets are a major climate problem.

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Global cement and concrete makers ramp up 2030 emissions target

Business Green

The announcement, led by 40 members of the Global Cement and Concrete Association (GCCA), marks the biggest global net zero commitment from the carbon-intensive sector to date, and brings together firms from North and South America, Africa, Asia, and Europe.

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After Violent Clashes of 2019, Investors Reassess Chile’s Prospects for Renewable Energy

GreenTechMedia

“Our commitment to continue investing in Chile remains intact,” said Acciona’s director general of energy for South America, José Ignacio Escobar, in a press statement. The apparent resilience of the Chilean economy bodes well for the continued development of renewables throughout 2020.

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