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UN climate chief urges investors to bolster global warming fight

2014-01-15 14:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global temperatures causing climate change, the United Nations' climate chief said on Wednesday. Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, told an investors conference at the United Nations that their investment decisions should reflect the latest scientific evidence...

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UN climate chief for tripling of clean energy investment

2014-01-15 10:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The United Nations climate chief has urged global financial institutions to triple their investments in clean energy to reach the $1 trillion a year mark that would help avert a climate catastrophe. In an interview with the Guardian, the UN's Christiana Figueres urged institutions to begin building the foundations of a clean energy economy by scaling up their investments. Global investment in clean technologies is running at about $300bn a year - but that is nowhere where it needs to be, Figueres...

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UN climate chief says coal can be part of global warming solution

2013-11-18 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Coal power can be part of the solution to tackling global warming, the UN climate chief told a major coal industry summit on Monday. Her remarks, at a summit that takes place as the second week of UN climate negotiations get under way in Warsaw, prompted strong criticism from the head of the UK's climate statutory advisers and environment campaigners. Christiana Figueres told delegates at the International Coal and Climate summit in Warsaw that they had "the opportunity to be part of the worldwide...

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UN climate chief says Australian Direct Action 'a lot more expensive' than pricing carbon

2013-10-22 10:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Australian Coalition government is set to pay a "high political price" for its Direct Action climate change plan, according to the United Nation's climate chief. Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, said the government's approach could be "a lot more expensive" than pricing carbon and called for rapid cuts in emissions to avoid the kind of "doom and gloom" represented by the New South Wales bushfires. "What the new government in Australia...

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UN climate chief tears over future generations

2013-10-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The head of the UN body tasked with delivering a global climate treaty broke down in tears at a meeting in London as she spoke about the impact of global warming on coming generations. Christiana Figueres told the BBC that the lack of an agreement was "condemning future generations before they are even born". Ms Figueres said this was "completely unfair and immoral". Despite the slow pace of negotiations, she said a deal can be done by 2015. Costa Rica-born Christiana Figueres has been...

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