Record breaking wildfires raging in Arizona, massive flooding disrupting lives from Iowa to Vermont — extreme weather events have been at the forefront of America’s national consciousness. Yet these events and their repercussions are hardly limited to the United States. Think back last year to the floods that affected millions in Pakistan, or the wildfires and droughts that destroyed Russia’s wheat crops, causing price spikes around the world.
Climate, Energy & Transport
At this week’s Asia Clean Energy Forum, policymakers, private sector firms, and non-governmental organizations will discuss how Asian countries can transform their power sectors while meeting development needs.
In a survey of global businesses, 86 percent described responding to climate risks or investing in adaptation as a business opportunity. So finds a new report jointly released yesterday by the UN Global Compact, the UN Environment Programme (UNEP), Oxfam and the World Resources Institute.
Renewable energy has the potential to transform Asian society, but only if its leaders can take it to the next level.
On June 2nd, I had the pleasure of speaking at the C40 Summit in São Paulo, Brazil. The C40 Cities Climate Leadership Group consists of iconic cities from around the world committed to addressing climate change. Chaired by New York City Mayor Michael Bloomberg, the group has recently joined forces with the Clinton Climate Initiative’s Cities Program. Together, this partnership can have meaningful role in the fight against climate change.
Eleanor Roosevelt once said that the United Nations is “a bridge upon which we can meet and talk”. The bridge builders were sorely missing during the first week of the latest round of climate negotiations in Bonn. Instead of moving forward on substance and laying the foundations for progress in Durban, negotiators became embroiled in a series of agenda fights. This resulted in days of paralysis in the formal process.
Today, the government of the United Kingdom took a significant step to shift to a low-carbon economy, providing clear signals to investors that the UK wants to host large-scale clean energy projects moving forward.
Energy efficiency is significantly cheaper than producing electricity with new power plants (see chart) and offers additional economic and environmental benefits.