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WWF: Environmental degradation on course to cost global economy £8tr

Business Green

Water shortages and a decline in pollinators will affect agricultural production levels, trade, and food prices across Eastern and Western Africa, central Asia and parts of South America, the study predicts. The study also estimates economic costs arising from the loss of specific ecosystem services.

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A deforestation roadmap that leaves a lot to be desired

Business Green

Subscribe to get sustainability food news in your inbox every Thursday. In my eyes, that certainly doesn't merit a big COP announcement. While the palm oil commitment requires zero deforestation in all sourcing regions, soy and cattle mainly focus on South America's Amazon, Cerrado and Chaco regions.

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Governments Are Sending Oil Executives to COP26 Despite Climate Pledges. Here’s a Look at the Fossil Fuel Influence in Glasgow

DeSmogBlog

Fossil fuels are everywhere at this COP except in the decisions being negotiated by governments,” Nikki Reisch, the director of climate and energy at the Center for International Environmental Law, wrote to DeSmog from Glasgow. And Celso Fiori, BP’s head of communications and advocacy went with the International Chamber of Commerce.

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We want to deliver a green recovery in partnership with business and finance

Business Green

BlackRock found that in the first quarter of 2020, during the pandemic, 94 per cent of a set of sustainable funds outperformed their non-sustainable counterparts. And ahead of COP, we want to see investors take crucial actions, such as setting a target for net zero and publishing a clear transition plan on how to achieve this.

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Reports: Johnson to push for 'Green Marshall Plan' at G7 Summit

Business Green

As such, the UK government is said to be working on plans for a new multibillion-pound green development bank that could both directly fund low carbon infrastructure projects across Asia, Africa, and South America, and underwrite private investment. The voice of vulnerable countries is really important at COPs," he explained.

COP 51
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'Grave and mounting threat': IPCC again raises alarm that climate impacts are proving worse than feared

Business Green

By restoring degraded ecosystems and effectively and equitably conserving 30 to 50 per cent of Earth's land, freshwater and ocean habitats, society can benefit from nature's capacity to absorb and store carbon, and we can accelerate progress towards sustainable development, but adequate finance and political support are essential.".