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Future of Energy
Nearly a decade after the world’s largest climate fund, the Green Climate Fund (GCF), was established in 2010 under the U.N. Framework Convention on Climate Change (UNFCCC), the first comprehensive performance review of the Fund’s effectivity, functionality and impact was published in late 2019.Is the Fund responding to the needs of developing countries? How are...
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Think back to 30—even 40—years ago. The solid waste industry was once known for its behind-the-scenes, “invisible” work. Now, conversations around landfills, recycling and the call for zero waste and sustainable business practices have put the waste and recycling industry under society’s microscope, with society leaning on this industry to solve some of its greatest...
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  The historic launch of the new European Solar Orbiter helps foster a golden age for understanding our nearest star. On Sunday evening, a rocket lit up Florida’s nighttime sky as it ferried a spacecraft toward a first-of-its-kind adventure to the sun. Even though our home star smolders every day in our skies, humans have...
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Throughout history, new technologies have demanded step shifts in the skills that companies need. Like the First Industrial Revolution’s steam-powered factories, the Second Industrial Revolution’s mass-production tools and techniques, and the Third Industrial Revolution’s internet-based technologies, the Fourth Industrial Revolution — currently being driven by the convergence of new digital, biological, and physical technologies —...
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The latest example of building momentum for greater investing in companies with strong environmental, social and governance (ESG) practices was provided this week in the form of new research from Edelman. An overwhelming majority of investors now expect companies to implement effective ESG practices, according to Edelman’s survey of 600 institutional investors in six countries...
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OSLO (Reuters) – Norway’s $1.1 trillion wealth fund, the world’s largest, said climate change dominated discussions about whether it should sell stakes in companies because they are considered too risky. FILE PHOTO: Emissions from a power plant chimney rise over Ulaanbaatar, Mongolia January 13, 2017. REUTERS/B. Rentsendorj/File Photo The fund, which invests revenues from Norway’s oil...
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The number of financial advisors investing a portion of assets according to environmental, social and governance criteria has increased substantially. Two years ago, 41% of top advisors polled by Ignites Research used ESG products or ESG ratings (or both). This year, that figure soared to 69% of advisors. There are two ways FAs can approach...
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LONDON (Reuters) – The airline industry needs to take strong action to reduce carbon emissions and withstand the “flight shame” movement by environmentalists seeking to reduce commercial flying, an executive for London’s Heathrow airport said on Friday. The airport, which is Europe’s biggest and is set for record passenger numbers this year, has become a...
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French Finance Minister Bruno Le Maire delivers a speech during the Pledging Conference of the Green Climate Fund (GCF) for the First Replenishment in Paris, France, October 25, 2019. REUTERS/Pascal Rossignol PARIS (Reuters) – Donor governments pledged $9.8 billion in fresh financing for the Green Climate Fund, set up to help developing nations tackle global...
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In his opening remarks to the C40 World Mayors Summit – a forum for member cities to present innovative actions to slow global warming – the Secretary-General noted that cities, which contain more than half the world’s population, and have an “enormous climate footprint”, are “on the frontlines of sustainable and inclusive development”. Urban citizens,...
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