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China blocks carbon review sought by U.S. at UN talks
2014-12-07 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: China rejected scrutiny of efforts to limit carbon emissions, a key tool that the U.S. says is necessary as more than 190 countries work to devise a new deal to fight climate change. Chinese negotiators sought yesterday at a climate conference in Lima, Peru to delete provisions in a draft text that would have paved the way for other countries and non-governmental organizations to submit questions about its carbon-reduction plans, according to environmental groups that are official observers to...
Canada sticks to line on oil sands at UN climate summit
2014-12-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Environment Minister Leona Aglukkaq heads to the United Nations climate summit this weekend with no new targets and no commitment to action on Canada's fastest growing source of greenhouse gases in the oil sands, but with a pledge to crack down on a little-known chemical that represents a tiny portion of this country's emissions. Ms. Aglukkaq will join global environment ministers in Lima next week as negotiators attempt to reach a draft agreement that would commit countries to aggressive action...
Climate adaptation costs soaring, funding to fall short - UN
2014-12-06 01:57:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The cost of adapting to climate change in developing nations is likely to be two to three times higher than previous estimates, even if planet-warming emissions are cut enough to limit global temperature rise to 2 degrees Celsius, a U.N. report said on Friday. The study said there was a chance that adaptation costs could climb as high as $150 billion a year by 2025 to 2030, and $250-500 billion per year by 2050, compared with earlier estimates of $70-100 billion yearly by 2050. "As world leaders...
Costs adapting impacts climate change much more previous estimates: UN report
2014-12-05 21:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Indian Express: Reinforcing the enormity of the challenge in dealing with climate change, a new UN report has said that even if greenhouse gas emissions were cut in the most optimistic manner from now on, the costs of adapting to the impacts of climate change would be at least two to three times more than previous estimates of just a few months earlier. In a first-ever Adaptation Gap report, the UN Environment Programme has said that current projections of an annual requirement of $70 to $100 billion in adaptation...
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Developing world may need annual $500B for climate by 2050 UN
2014-12-05 11:08:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Developing countries may need as much as $250-500 billion (203-406 billion euros) per year by 2050 to deal with the fallout from climate change, a UN report warned Friday. The projected costs for adaptation were several times higher than previous estimates, said the United Nations Environmental Program (UNEP), warning of a "significant funding gap after 2020." "The impacts of climate change are already beginning to be factored into the budgets of national and local authorities," UNEP executive...
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