Renewable Energy

The Oceans make the Earth a habitable planet. #auspol #qldpol #StopAdani

The oceans make the planet habitable, if we continue to use the oceans as a garbage dump we will quickly make our planet uninhabitable.

Plastics & carbon pollution are real threats to marine life and ultimately to humanity.

Coral bleaching is inevitable as the oceans are heated by global warming.

The science is clear, we know what must be done.

We must demand political leadership.

We have the technology, we must become active it is the challenge for our generation.

First put a price on Pollution. Both carbon & plastic.

We can no longer be complacent.

Time is running out.

Australia quick to action in war has been slow to act on reducing pollution. Future generations will pay an enormous price.

Our carbon emissions per capita are among the highest in the world.

We are amongst the world’s worst when it comes to climate action.

We are literally stealing the future from our children and future generations.


“So reckless it’s terrifying!” #StopAdani #auspol #qldpol

“So reckless it’s terrifying!” Simon Baker, award-winning actor and director, has an important message for all Australians.

SHARE + ACT: Tell Turnbull to protect our Reef >>

#FightForOurReef #StopAdani

Simon Baker’s message should be a wake up call for everyone.

Climate change is causing extreme events all over the planet.

It’s hard to believe Australian politicians from both Labor & Liberal Parties are still not taking the climate science seriously.

Future generations of Australians will never understand how we ignored the warnings.

Scientists, economists, doctors are doing what they can to create awareness.

This week in France leaders from all over the world came together to demand climate action and plan for a carbon neutral economy. The One Planet Summit was ignored by Australian politicians & most of the Australian media.

If we are to limit global warming to 2C we must cease using fossil fuels by 2050.

Investing in new coal mines is reckless, it completely ignores the science & will most likely be the end of the Great Barrier Reef putting 70,000 jobs in Tourism at risk.

The threat to humanity from air pollution is also ignored.

A recent report from the World Health Organization said the 500,000 babies die every year from air pollution a large percentage of that due to burning coal.

Using the atmosphere as a garbage dump for carbon dioxide when we use fossil fuels has to end.

Putting a price on carbon is the most cost effective way to solve the problem.

Cities have the power to lead #ClimateChange #auspol #qldpol #OnePlanet #StopAdani

Cities have the power to lead climate change

Cities, as hubs of innovation, now stand at the forefront of climate action


Christiana Figueres, vice-chair of the Global Covenant of Mayors | via Global Covenant of Mayors

Negotiating the Paris Agreement was a monumental achievement.

Nations rallied together and subnational actors, especially cities and local governments, afforded confidence that targets could be met, leading to swift approval and ratification.

As we lean into implementation, leaders in every corner of the world, in cities large and small, are taking bold climate action to ensure we are able to meet these commitments — and, importantly, take even more ambitious action.

However, for some local leaders, implementation of the Agreement comes with challenges. This is especially pertinent when it comes to obtaining the financial support needed to turn ideas into action and make the changes necessary to ensure they can help meet the goals set forth in Paris.

Luckily, one of the many successes of the Paris Agreement was the establishment of mechanisms to increase climate-friendly ideas and investment.

Cities, as hubs of innovation, now stand at the forefront of climate action, ready to accept these investments.

I am proud to serve as the vice-chair of the Global Covenant of Mayors for Climate & Energy, an initiative that supports city leaders in meeting these commitments.

Together with our partner city networks both globally and locally, cities in this alliance are developing cutting-edge solutions to the challenges of climate finance.

They are providing critical leadership and support as national governments move towards a greener future.

The power these cities have to tackle climate change cannot be understated.

Mayors and local leaders often have greater influence over the sectors that most impact carbon emissions.

Buildings, transportation, water and waste are all complex systems, and city leaders’ in-depth knowledge of regional environmental landscapes means they are uniquely suited to pinpoint which areas need the most attention to reduce emissions while increasing sustainability and economic efficiency.

“We must see climate in every facet of the economy, from green buildings and infrastructure to sustainable agriculture, so that our growth will be climate neutral.”

Central to scaling timely global climate action is financing the development of modernized low carbon infrastructure.

We must see climate in every facet of the economy, from green buildings and infrastructure to sustainable agriculture, so that our growth will be climate neutral.

Investments in these priorities now will build the tomorrow we want our children to live in.

As cities work to accelerate the collective impact of their actions, improving city-level access to finance will increase investment flows into cities and other urban areas. It will unlock the potential of cities to be a fundamental part of the global climate solution. It will re-shape the economics of development and reinforce sustainable infrastructure as a stronger investment over high-carbon polluting options.

In Cape Town, this philosophy has been taken to heart as a number of new strategies are pursued to increase investments in our green future. Many climate and resilience solutions, such as renewable energy, green transportation and net-zero buildings, are less expensive to operate than they are to build, meaning it takes partnerships between governments and the private sector to finance them.

“Cape Town is poised to become the first city in Africa to install an electric bus system.”

For example, Cape Town is poised to become the first city in Africa to install an electric bus system. The MyCiTi bus system is an ambitious project and will be made possible by a public-private investment partnership and pay dividends to the city in the future. The strategic partnership goes beyond just buying buses: the buses, currently made by Chinese green energy firm BYD, will soon be manufactured at a new plant in Cape Town in 2018. The implementation of the MyCiTi bus system is not only increasing sustainability and helping to reduce carbon emissions, it is boosting the city’s economy and creating hundreds of jobs. This project will help Cape Town save money with reduced maintenance and operating costs while supporting the city’s ongoing journey to build a strong and prosperous green economy.

The city is also collaborating with the private sector to mitigate the dire effects of drought on Cape Town’s water supply. To accelerate emergency water projects, the city is issuing tax-exempt green bonds to private sector developers to incentivize developments that will enhance sustainability and improve water security. Thanks to the investment spurred by green bonds and other innovative strategies, a platform of climate security is being created from which the city’s future is wide open.

“The implementation of the MyCiTi bus system is not only increasing sustainability and helping to reduce carbon emissions, it is boosting the city’s economy and creating hundreds of jobs.”

Cities like Cape Town are helping to spur the global transformation that spells success for the Paris Agreement. By investing in sustainability and resilience now, we can guarantee not only stable returns for our private sector partners, but a stable future for our cities and the world.

Unlocking a sustainable path for cities allows them to accelerate their impact. By 2050, implementing sustainable urban infrastructure choices could save $17 trillion on energy costs alone.

Through initiatives like the Global Covenant of Mayors for Climate & Energy, over 7,400 cities around the world — 9.35 percent of the population — are showing their potential and making real progress to greatly accelerate the world’s achievements towards the legally binding global commitment to create a carbon neutral world this century.


Christiana Figueres, Vice-Chair of the Global Covenant of Mayors

Planetary Prosperity Means Zero Carbon #StopAdani #auspol #qldpol #OnePlanetSummit



Mother Nature seems to be in full revolt.

A stone’s throw from the city of Oakland, where Global Footprint Network is based, the seasonal Diablo winds recently reached record intensity, fanning the worst fires that the famous wine-producing region of Napa has known, reducing to ashes vineyards and residential neighbourhoods, and pushing tens of thousands of inhabitants on the roads.

Now Santa Ana winds are wreaking similar havoc in Southern California, causing more evacuations and burning more structures.

On the other side of the continent, the Caribbean islands most affected by the hurricanes of the last weeks – Saint Martin, Saint Barthelemy and Puerto Rico in front – face a tremendous reconstruction project, needing to rebuild access to safe water and electricity.

The time is not for discouragement or defeatism.

More than ever, it is evident that every human community must do its utmost to keep pace with the planet that is hosting us.

The time for transformation is now.

Humanity is not idle.

The root causes are recognized.

On December 12, we celebrate the two-year anniversary of the Paris Climate Agreement, when world leaders came together to commit to limit global warming to 2 degrees Celsius and strive for 1.5 degrees.

Although President Donald Trump has withdrawn from the agreement, leaders around the world are standing firm.

In Paris, French President Emmanuel Macron, World Bank President Jim Yong Kim, and UN Secretary António Guterres will gather at the One Planet Summit on December 12 to call for concrete action.

Similarly, I am among 31 Blue Planet Laureates who not only want to mark this important anniversary but also remind the world that the climate agreement is achievable and desirable.

We have summarized our position as follows:

Planetary Prosperity Means Zero Carbon

The resource hunger of the human enterprise has become too large for our planet.

The Paris Climate Agreement recognizes this. It aims to limit global warming to less than 2°C above the preindustrial level.

This means ceasing fossil-fuel use before 2050, increasing ecosystem and biodiversity conservation, and improving human well-being.

We, Blue Planet Laureates, wholeheartedly and emphatically support this transformation.

It is technologically possible, economically beneficial, and our best chance for a prosperous future.

Our planet is finite. But human possibilities are not. The transformation will succeed if we apply people’s greatest strengths: foresight, innovation, and care for each other.

Examples across the globe show positive results.

Cities like Zurich, Curitiba, Malmö, Masdar, and Reykjavik have shown leadership. Regions have taken charge, including California, where Gov. Jerry Brown will convene the Global Action Climate Summit next year.

China has made creating an Ecological Civilization in harmony with nature a priority in its latest 5-year plan.

France and the UK have announced the end of fossil fuel cars by 2040, and Tesla surpassed General Motors earlier this year to become the most valuable US auto maker – without ever building a gasoline-powered car.

Other companies such as Schneider Electric thrive on driving down their clients’ carbon emissions and costs. Achieving Paris is possible.

Perhaps one of the greatest challenges of this transformation is sparking the imagination of people around the world and making them realize that a zero-carbon world is much more likely to secure long-term prosperity than continuing our destructive path.

We also need to start to recognize that this transformation primarily builds on foresight and innovation, not sacrifice and suffering.

Even with the UN projecting world population growth of 13 percent by 2030 and 28 percent by 2050, flourishing lives on this one planet are possible through walkable cities that are renewably powered and sustainably fed.

Encouraging smaller families and empowering women around the world will also produce immediate positive health and educational outcomes for those families.

Such steps will also substantially reduce the carbon footprint and ease the resource budget for each country in the long run. Indeed, ‘family planning’ and ‘educating girls’ rank sixth and seventh in Project Drawdown’s ranking of solutions to reverse global warming.

We stand for one-planet prosperity. ‘One planet’ means that we recognize the physical context of our economies. ‘Prosperity’ means that we choose flourishing lives over misery. Will you join us?

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One Planet 🌍 #auspol #qldpol #climatechange #StopAdani

Climate Change is our greatest challenge it’s a race against time, and we’re losing.

Australia & the United States should be leading the world.

Instead we continue to invest in fossil fuels and refuse to put a price on carbon pollution.

Corporations have corrupted our democracies.

Our children & future generations will pay for our greed & negligence.

Why UK banks are falling behind French #ClimateChange #auspol #StopAdani

Why UK banks are falling behind French in response to climate change

A new ranking by responsible investment NGO ShareAction shows that French banks outperform their European peers on climate-related issues.

ShareAction’s Sonia Hierzig argues that the UK should follow France in making disclosures on climate-related risks and opportunities mandatory

Banks are affected by climate change in many ways.

As financial intermediaries with ties to every industry sector, they face climate-related risks and opportunities.

On the one hand, they are exposed to the physical, transitional and liability risks linked to climate change via the clients they lend to and do business with.

On the other hand, banks are also able to make a positive contribution to tackling climate change by mobilising the capital required for a successful low-carbon transition.

ShareAction has ranked the 15 largest European banks based on their responses to climate-related risks and opportunities.

The three French banks surveyed all came out in the top five, while three of the UK banks ranked in the bottom five banks.

This is partly down to the introduction of Article 173 in France, which requires that all listed companies, including banks, disclose (1) information about the financial risks related to the effects of climate change; (2) the measures adopted by the company to reduce them and; (3) the consequences of climate change on the company’s activities and on the use of goods and services it produces.

For banks, it additionally requests the disclosure of the risk of excessive leverage (not carbon-specific) and the risks exposed by regular stress tests.

Sonia Hierzig, ShareAction

As regulation appears to be a key driver encouraging banks to manage climate-related risks and opportunities, other countries might benefit from introducing similar legislation to ensure banks headquartered there do not fall behind.

For instance, if the UK government wants to succeed in its ambition of promoting the UK as a global centre for green finance post-Brexit, it should consider introducing similar mandatory requirements on disclosure and stress testing.

This is particularly relevant considering the poor performance of several UK banks in this survey, and the fact that the European Banking Authority will move from London to Paris. Banks’ institutional investors should also support necessary changes by engaging with policymakers and regulators.

While the French banks have scored relatively well, it is noticeable that several of the UK banks appear to be lagging behind, including Lloyds Banking Group, Royal Bank of Scotland (RBS) and Standard Chartered.

This is not only due to the lack of similar innovative legislation in the UK, but also because many of the UK banks have weaker policies compared to their European peers on the sectors highly exposed to climate-related risks, including fossil fuels such as coal, oil and gas.

For example, Lloyds Banking Group’s policy on coal mining and power merely takes into account breaches of relevant greenhouse gas emission regulations, while other banks have committed to not financing certain coal-related projects and/or companies linked to the sector.

To meet the goal of limiting global temperature rises to below 2°C, there can be no new fossil fuel-related exploration or infrastructure developments, and it is also essential that some fields and mines are closed before they have been fully exploited. UK banks in particular still have a long way to go to align their sector policies with these needs of a successful low-carbon transition, and currently none of the UK banks is fully aligned yet.

BNP Paribas (credit: Tupungato/Shutterstock Inc)

While legislative and regulatory action is important, it is also crucial that shareholders in banks request better management of climate-related risks and opportunities within the institutions they are invested in. ShareAction also provides a number of recommendations for institutional investors to support them in their climate-related engagements with banks.

As the surveyed banks generally performed the poorest on the topic of climate-related risk management, it is recommended that shareholders focus their efforts in this area until there are marked improvements.

For example, banks should be encouraged to place increased emphasis on developing methodologies for scenario analysis, strengthen policies on coal mining and thermal coal power generation, oil and gas, deforestation and peatland exploitation in line with below 2°C scenarios, and introduce more stringent below 2°C engagement policies to guide dialogues with clients active in sectors highly exposed to climate-related risks.

Once shareholders note significant improvements in those areas, they might consider also asking banks about climate-related opportunities, their engagement with external actors, such as policymakers, and the governance structures they have in place to ensure climate-related issues are managed appropriately.

ShareAction hopes that this report will encourage action on behalf of institutional investors, policymakers and regulators to ensure the European banking sector acts in support of the low-carbon transition, rather than obstructing it.

Sonia Hierzig is project manager at responsible investment NGO ShareAction.

Main image credit: Peresanz/Shutterstock Inc

Press link for more: Ethical

Top economists call for an end to fossil fuel investment! #StopAdani #Auspol #BeatPollution

Declaration on Climate Finance

In advance of French President Macron’s climate and finance summit, we call for an immediate end to investments in new fossil fuel production and infrastructure, and encourage a dramatic increase in investments in renewable energy.


We the undersigned, call for an immediate end to investments in new fossil fuel production and infrastructure, and encourage a dramatic increase in investments in renewable energy.

We are issuing this call to action in the lead up to the climate summit hosted by President Macron in Paris this December. President Macron and other world leaders, have already spoken out about the need for an increase in finance for climate solutions, but they have remained largely silent about the other, dirtier side of the equation: the ongoing finance of new coal, oil and gas production and infrastructure.

Ongoing global climate change and environmental destructions are happening at an unprecedented scale, and it will take unprecedented actions to limit the worst consequences of our dependence on oil, coal, and gas.

Equally as critical as drastically curbing the carbon intensity of our economic systems is the need for immediate and ambitious actions to stop exploration and expansion of fossil fuel projects and manage the decline of existing production in line with what is necessary to achieve the Paris climate goals.

Research shows that the carbon embedded in existing fossil fuel production will take us far beyond safe climate limits. Thus, not only are new exploration and new production incompatible with limiting global warming to well below 2ºC (and as close to 1.5ºC as possible), but many existing projects will need to be phased-out faster than their natural decline. Simply put: there is no more room for new fossil fuel infrastructure and therefore no case for ongoing investment.

It is time for the community of global economic actors to fully embrace, safe, and renewable energies and phase out fossil fuels. This letter affirms that it is the urgent responsibility and moral obligation of public and private investors and development institutions to lead in putting an end to fossil fuel development.

A global transition to a low carbon future is already well underway and we recognize that a full transition away from fossil fuels is an opportunity for a new economic paradigm of prosperity and equity. Continued expansion of oil, coal, and gas is only serving to hinder the inevitable transition while at the same time exacerbating conflicts, fuelling corruption, threatening biodiversity, clean water and air, and infringing on the rights of Indigenous Peoples and vulnerable countries and communities.

Energy access and demand can and must now be met fully through the renewable energies of the 21st century. Assertions that new fossil fuels, such the current push for gas, are needed for this transformation are not only inaccurate; they also undermine the speed and penetration of renewable energy.

The global investment community has the power to create the conditions under which this shift is possible. Current and future investments in fossil fuel production are at odds with a safe and equitable transition away from ever stronger climate disasters.

Global investor and international development actors and institutions must recognize that continued investments in fossil fuel production supply-side is irreconcilable with meaningful climate action. Instead, let us all prioritize the tremendous investment opportunities for a 100% renewable future that support healthy economies while protecting workers, communities, and the ecological limits of a finite planet.

Signers of the Declaration on Climate Finance:

• Alain Grandjean

• Economist, Scientific advisor to the Foundation for Nature and Mankind

• Alain Karsenty

• Research Director at CIRAD, Montpellier

• Ann Pettifor

• Director of Policy Research in Macroeconomics, Prime

• Anu Muhammad

• Professor of Economics, Jahangirnagar University, Dhaka, Bangladesh

• Aurore Lalucq

• Economist and Director of the Veblen Institute

Camilla Toulmin
Professor, Dr

• Carolina Burle Schmidt Dubeux

• Environemental Economist, PhD and teacher at the Federal University of Rio de Janeiro · COPPE/Centro Clima

• Cédric Durand

• Maître de conférences en Économie, université Paris 13

• Claudia Kemfert

• Head of the department of energy, transportation and environment at the German Institute for Economic Research in Berlin

• Co-Pierre Georg

• Associate Professor, University of Cape Town. Research Economist – Deutsche Bundesbank , Policy Associate – Economic Research Southern Africa

Denis Dupré
Professor of finance and ethics

• Dominique Plihon

• Professor Emeritus of Economics, Paris-Nord University Director, Center of Economics of the University of Paris Nord

• Dr Ben Groom

• Associate Professor of Environment & Development Economics, LSE

• Dr Michael Mason

• Associate Professor, Department of Geography and the Environment, LSE

Dr. Alaa Al Khourdajie
Teaching Fellow in Environmental Economics, School of Economics, University of Edinburgh

• Dr. Ashok Khosla

• Chairman, Development Alternatives

• Dr. Charles Palmer

• Associate Professor of Environment and Development, London School of Economics and Political Science (LSE),

• Dr. Ron Milcarek

• UMASS Economics Department

• Dr. Simplice Asongu

• Lead Research Economist, African Governance and Development Institute

• Emilio Padilla Rosa

• Associate Professor, Department of Applied Economics, Autonomous University of Barcelona

• Frank Ackerman

• Principal Economist, Synapse Energy Economics

• Gail Whiteman

• Professor

• Gautam Sethi

• Associate Professor of Economics and Econometrics, Bard Center for Environmental Policy

• Helene Ollivier

• Research fellow of the CNRS and Associate Professor at Paris School of Economics

• Herman Daly

• Emeritus Professor, University of Maryland

• Ian Kinniburgh

• Former Director of Department of Policy and Analysis Division, UN Department of Economic and Social Affairs

• Ilan Noy

• Chair in the Economics of Disasters, Victoria University of Wellington, New Zealand

• Ivar Ekeland

• Fellow of the Royal Society of Canada, Former President, the University of Paris-Dauphine

• Jaime De Melo

• Scientific Director at Ferdi (Emeritus Professor, University of Geneva)

• James Kenneth Galbraith

• Economist

• Jean Gadrey

• Jean Gadrey, former Professor of economics, University of Lille

• Jean-Pierre Ponssard,

• Senior Research Fellow CNRS France

• Jeffrey Sachs

• Economist, Senior UN Advisor

• John C. Quiggin

• Australian Research Council Laureate Fellow and professor at the School of Economics, University of Queensland

• John Hewson

• Former Leader of the Federal Opposition, Australia

Jon D. Erickson
David Blittersdorf Professor of Sustainability Science and Policy

• José Almeida de Souza Jr.

• Economist

• Jusen Asuka

• Professor Tohoku University

• Kate Pickett

• Professor, University of York Research Champion for Justice & Equality

• Kate Raworth

• Senior Visiting Research Associate, Environmental Change Institute, Oxford University

• Katheline Schubert

• Associate Professor at the Paris School of Economics and researcher at the Sorbonne Center for Economics.

• Katrin Millock

• Associate Professor, Paris School of Economics & Research Fellow at CNRS

• Lionel Fontagné

• Professor of Economics at the Paris School of Economics – University Paris 1

• Maria rosa ravelli abreu

• Prof. Universidade Brasilia

• Mariana Mazzucato

• Professor in the Economics of Innovation and Public Value, Director, UCL Institute for Innovation and Public Purpose

• Mark Campanale

• Founder & Executive Director, Carbon Tracker Initiative

• Marzio Galeotti, Ph.D.

• Professor of Environmental and Energy Economics, University of Milan – Milan, Italy

• Maxime Combes

• Maxime Combes, economist for ATTAC

• Michael Jacobs

• Visiting Professor, School of Public Policy, University College London

• Michael Pirson

• Professor, Gabelli School of Business, Fordham University

• Mohammad A Jabbar

• Agricultural Economist, International Livestock Research Institute

• Mouez FODHA

• Professor of Economics, Paris School of Economics & University Paris 1 Pantheon-Sorbonne.

• Mutsuyoshi Nishimura

• Former Ambassador of Japan to the UNFCCC negotiations Research Fellow, The Japan Institute of International Affairs (JIAA)

• Neva Rockefeller Goodwin

• Co-Director, Global Development And Environment Institute, Tufts University

• Nicolas Bouleau

• Mathematician, Economist

• Oliver Sartor, PhD

• Senior Research Fellow Climate and Energy, IDDRI

• Patrick Criqui

• Research Director, CNRS

• Peter A. Victor Ph.D.,FRSC

• Professor, Faculty of Environmental Studies, York University

• Pierre-Richard Agenor

• Professor of International Macroeconomics and Development Economics, University of Manchester

pirax didier

• Prof Ross Garnaut

• Professorial Research Fellow in Economics, Faculty of Business and Economics, University of Melbourne

• Prof. James Renwick (Victoria University of Wellington

• Professor at Victoria University of Wellington, School of Geography, Environment and Earth Sciences

• Prof. Michael Finus

• Chair in Environmental Economics

• Prof. Phoebe Koundouri

• Athens University of Economics and Business, Director of International Center for Research on the Environment and the Economy, Chair Sustainable Development SOlutions Network Greece

• Prof. Simone Borghesi

• President Elect IAERE – Italian Association of Environmental and Resource Economists

• Ramon E. Lopez

• Professor at the University of Chile , Santiago · Departamento de Economía

• Ramón López

• Professor of Economics, Department of Economics, University of Chile, Santiago, Chile


• Professor, Centre Sèvres-Jesuit University of Paris and researcher, ESSEC Business School

• Reyer Gerlagh

• Professor of Economics, Tilburg University, Netherlands

• Richard Denniss

• Chief Economist, The Australia Institute

• Richard Wilkinson

• Emeritus Professor of Social Epidemiology University of Nottingham.

• Rick Van der Ploeg

• Professor of Economics and Research Director of the Oxford Centre for the Analysis of Resource Rich Economies at Oxford University, former Chief Financial Spokesperson in the Dutch Parliament

• Robert Costanza

• VC’s Chair in Public Policy, Crawford School of Public Policy, The Australian National University

• Robert M. Freund

• Theresa Seley Professor in Management Science, Sloan School of Management, MIT

• Serge Reliant

• Economiste

• Seyhun Orcan Sakalli

• Postdoctoral Research Fellow, Department of Economics, University of Lausanne

• Shahriar Shahida

• Co-Chief Investment Officer Constellation Capital Management LLC

• Shuzo Nishioka

• Counsellor, Institute for Global Environmental Strategies

• Slim Ben Youssef

• Professor, ESC de Tunis

• Suzi Kerr

• Senior Fellow, Motu Economic and Public Policy Research

• Takeshi Mizuguchi

• Professor Takasaki City University Of Economics

• Terra Lawson-Remer

• Fellow at the Stanford Center for Advanced Studies in the Behavioral Sciences

• Thomas Porcher

• Associate Professor, Paris School of Business, member of “Les économistes attérrés

• Thomas Sterner

• Chair LOC World Conference of Environmental Economics

• Tim Jackson

• Professor, University of Surrey, UK

• Tom Sanzillo

• Director of Finance for the Institute for Energy Economics and Financial Analysis

• Tom Steyer

• Founder and former co-senior managing partner of Farallon Capital and the co-founder of OneCalifornia Bank

• Valentina Bosetti

• Associate professor at the Department of Economics, Bocconi University, President of the Italian Association of Environmental Economists

• Véronique Seltz

• PhD in Economics

• Yanis Varoufakis

• Greek Economist, Academic and Politician

• Yifat Reuveni

• Head of social-finance innovation JDC College of Management business school, Faculty of Management – Tel Aviv University

Press link for more: Not a penny more

Erik Solheim: My vision for a pollution-free planet #StopAdani #auspol #qldpol

By Erik Solheim, Head of UN Environment

For too long, the relationship between prosperity and environment has been seen as a trade-off. Tackling pollution was considered an unwelcome cost on industry and a handicap to economic growth.

But global trends are demonstrating that this is no longer the case. It’s now clear that sustainable development is the only form of development that makes sense, including in financial and economic terms. The drive towards a pollution-free planet provides an opportunity to innovate and become more competitive.

With the UN Environment Assembly just over a month away, we now have the opportunity to dramatically step up our ambitions.

The energy revolution currently unfolding is a game changer, as is the increased mobilization around climate. The rapidly falling cost of energy from renewable sources, such as wind and solar power, means that the countries leading the shift away from fossil fuels will reap the greatest benefits to their economies, as well as their environments. These countries will have better, faster transport networks and more flexible power grids.

With the transition to green and sustainable development under way, we now need to focus on how to intensify and accelerate these trends in order to protect the environment, combat climate change and curb pollution. As I see it, there are five critical pieces to this puzzle:

We need political leadership and partnerships. A global compact on pollution would ensure sustained engagement at the highest level and make prevention a priority for all. It would also encourage policymakers and other key partners, including the private sector, to integrate prevention into national and local planning, development processes, and business and finance strategies.

We need the right policies. Environmental governance needs to be strengthened – with targeted action on “hard-hitting” pollutants through risk assessments and enhanced implementation of environmental legislation, including multilateral environmental agreements, and other measures.

We need a new approach to managing our lives and economies. Sustainable consumption and production, through improved resource efficiency and lifestyle changes, should be promoted. Waste reduction and management must be prioritized.

We need to invest big. Mobilizing finance and investment in low-carbon opportunities and cleaner production and consumption will drive innovation and help to counter pollution. Increased funding is also needed for research, pollution monitoring, infrastructure, management and control.

We need advocacy for action. Citizens need to be informed and inspired to reduce their own pollution footprint and advocate for bold pollution-beating commitments from the public and private sectors.

With the UN Environment Assembly just over a month away, we now have the opportunity to dramatically step up our ambitions. Science is delivering great advances in our understanding of pollution and its impacts on people, economies and the environment. Citizens are more aware than ever before of how pollution affects their lives and they are demanding action on what has become a critical public health issue. At the same time, experts and businesses are developing the technology to tackle these problems at all scales, from local to global. Financiers are increasingly ready to support them, while international bodies and forums, including the United Nations, stand ready to help to channel this momentum and turn it into firm action.

The responsibility for driving change on this broad front is shared among and within nations. Government policies and programmes will play a central role, both nationally and internationally. Businesses, consumers, investors, community groups and thought leaders must also be fully involved if we are to succeed. Technology and economic innovation are key, as is mobilizing finance at scale. Investments need to be harnessed to address climate and pollution challenges.

My report to the UN Environment Assembly examines the dimensions of pollution and identifies a way forward through a framework for action. I invite our partners in government, business, and civil society, as well as citizens around the world, to consider the report, act on its recommendations, and join us in the fight to beat pollution around the world.

Press link for more: UN Environment.Org


UNICEF urges immediate action to reduce #AirPollution #StopAdani #auspol #qldpol #BeatPollution

17 million babies under the age of 1 breathe toxic air, majority live in South Asia – UNICEF

UNICEF urges immediate action to reduce air pollution amid emerging evidence on how toxic air can affect brain development in young children

© UNICEF/UNI172848/Singh

Village Kuniya, Mainpat Block, Dist, Surguja, Chhattisgarh, India. 2013

NEW YORK, 6 December 2017 – Almost 17 million babies under the age of one live in areas where air pollution is at least six times higher than international limits, causing them to breathe toxic air and potentially putting their brain development at risk, according to a new UNICEF paper released today.

More than three-quarters of these young children – 12 million – live in South Asia.

Danger in the Air: How air pollution can affect brain development in young children notes that breathing in particulate air pollution can damage brain tissue and undermine cognitive development – with lifelong implications and setbacks.

“Not only do pollutants harm babies’ developing lungs – they can permanently damage their developing brains – and, thus, their futures,” said UNICEF Executive Director Anthony Lake.  “Protecting children from air pollution not only benefits children. It is also benefits their societies – realized in reduced health care costs, increased productivity and a safer, cleaner environment for everyone.”

Satellite imagery reveals that South Asia has the largest proportion of babies living in the worst-affected areas, with 12.2 million babies residing where outdoor air pollution exceeds six times international limits set by the World Health Organization.

The East Asia and Pacific region is home to some 4.3 million babies living in areas that exceed six times the limit.

The paper shows that air pollution, like inadequate nutrition and stimulation, and exposure to violence during the critical first 1,000 days of life, can impact children’s early childhood development by affecting their growing brains:

• Ultrafine pollution particles are so small that they can enter the blood stream, travel to the brain, and damage the blood-brain barrier, which can cause neuro-inflammation.

• Some pollution particles, such as ultrafine magnetite, can enter the body through the olfactory nerve and the gut, and, due to their magnetic charge, create oxidative stress – which is known to cause neurodegenerative diseases.

• Other types of pollution particles, such as polycyclic aromatic hydrocarbons, can damage areas in the brain that are critical in helping neurons communicate, the foundation for children’s learning and development.

• A young child’s brain is especially vulnerable because it can be damaged by a smaller dosage of toxic chemicals, compared to an adult’s brain. Children are also highly vulnerable to air pollution because they breathe more rapidly and also because their physical defences and immunities are not fully developed.

The paper outlines urgent steps to reduce the impact of air pollution on babies’ growing brains, including immediate steps parents can take to reduce children’s exposure in the home to harmful fumes produced by tobacco products, cook stoves and heating fires:

• Reduce air pollution by investing in cleaner, renewable sources of energy to replace fossil fuel combustion; provide affordable access to public transport; increase green spaces in urban areas; and provide better waste management options to prevent open burning of harmful chemicals.

• Reduce children’s exposure to pollutants by making it feasible for children to travel during times of the day when air pollution is lower; provide appropriately fitting air filtration masks in extreme cases; and create smart urban planning so that major sources of pollution are not located near schools, clinics or hospitals.

• Improve children’s overall health to improve their resilience. This includes the prevention and treatment of pneumonia, as well as the promotion of exclusive breastfeeding and good nutrition.

• Improve knowledge and monitoring of air pollution. Reducing children’s exposure to pollutants and the sources of air pollution begins with understanding the quality of air they are breathing in the first place.

“No child should have to breathe dangerously polluted air – and no society can afford to ignore air pollution,” said Lake.

Press link for more: UNICEF.ORG

Worst-case global warming predictions are most accurate. #StopAdani #auspol #qldpol

Worst-case global warming predictions are the most accurate, say climate experts

Josh Gabbatiss Science Correspondent

Thursday 7 December 2017 13:39 GMT

Current predictions of climate change may significantly underestimate the speed and severity of global warming, according to a new study.

Reappraisal of the models climate scientists use to determine future warming has revealed that less optimistic estimates are more realistic.

The results suggest that the Paris Climate Agreement, which aims to keep global average temperatures from rising by 2C, may be overly ambitious.

Climate change might be worse than thought after scientists find major mistake in water temperature readings

“Our study indicates that if emissions follow a commonly used business-as-usual scenario, there is a 93 per cent chance that global warming will exceed 4C by the end of this century,” said Dr Ken Caldeira, an atmospheric scientist at the Carnegie Institution for Science, who co-authored the new study.

This likelihood is an increase on past estimates, which placed it at 62 per cent.

Climate models are vital tools for scientists attempting to understand the impacts of greenhouse-gas emissions. They are constructed using fundamental knowledge of physics and the world’s climate.

But the climate system is incredibly complex, and as a result there is disagreement about how best to model key aspects of it.

This means scientists have produced dozens of climate models predicting a range of different global warming outcomes resulting from greenhouse-gas emissions.

Based on a “business-as-usual” scenario in which emissions continue at the same rate, climate models range in their predictions from a 3.2C increase in global temperatures to a 5.9C increase.

The new study, published in the journal Nature, sought to resolve this situation and establish whether the upper or lower estimates are more accurate.

To do this, Dr Caldeira and his collaborator Dr Patrick Brown reasoned that the most accurate models would be the ones that were best at simulating climate patterns in the recent past.

“It makes sense that the models that do the best job at simulating today’s observations might be the models with the most reliable predictions,” said Dr Caldeira.

Their conclusion was that models with higher estimates were more likely to be accurate, with the most likely degree of warming 0.5C higher than previous best estimates.

Other climate scientists have responded favourably to the new research.

“There have been many previous studies trying to compare climate models with measurements of past surface-temperature, but these have not proved very conclusive in reducing the uncertainty in the range of future temperature projections,” said Professor William Collins, a meteorologist at the University of Reading who was not involved in the study.

According to Professor Collins, this work “breaks the issue down into the fundamental building blocks of climate change”.

The research by Dr Brown and Dr Caldeira focuses specifically on models of energy flow from Earth to space, as measured by satellites.

They suggest that the amount of sunlight reflected away from the planet by clouds will decrease as the world gets warmer, increasing the magnitude of climate change.

“So we are now more certain about the future climate, but the bad news is that it will be warmer than we thought,” said Professor Collins.

According to Professor Mark Maslin, a climatologist at University College London who was not involved in the study, these results could mean “cutting carbon emissions deeper and faster than previously thought”.

“To achieve these targets the climate negotiations must ensure that the global emissions-cuts start as planned in 2020 and continue every single year thereafter,” said Professor Maslin.

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