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Fossil fuel giants face climate stress test call at UN summit

2014-01-14 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: The worlds 48 leading fossil fuel companies will be asked to run a 'climate stress test` at a summit hosted at UN Headquarters in New York on Wednesday. Fund managers and investors attending the meeting want oil and gas majors to assess how compatible their assets are with global efforts to avoid dangerous levels of warming. US low carbon business group CERES, which runs a network of investors worth $12 trillion, is organising this week`s event. Its chief Mindy Lubber told RTCC the financial...

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Philippines: Storm 'climate change wake-up call'

2013-11-17 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Press Association: The devastating typhoon in the Philippines must act as a wake-up call to the impact of climate change, aid agencies have warned. Members of the Disaster Emergencies Committee (DEC) are warning leaders meeting at the UN climate talks in Warsaw that the disaster offers a glimpse of the future if urgent action is not taken. Aid agencies including Christian Aid, CAFOD, Care International, Oxfam and Tearfund said ministers meeting in the Polish capital must act urgently because climate change is...

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Investors, UN panel call on Warsaw climate talks to support CDM

2013-11-01 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Investors and the panel overseeing the U.N.'s carbon market for developing countries have called on delegates at next month's climate meeting in Warsaw to rescue the ailing scheme, which the U.N. estimates has provided $315 billion in funding to low-carbon projects to date. Papers tabled by the Executive Board of the Clean Development Mechanism (CDM) and the Project Developers Forum, a group that represents investors in the scheme, urged countries at the talks to agree measures to boost demand...

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Climate experts call for local models to aid prediction

2013-10-05 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed

SciDevNet: Temperature predictions on a regional scale are less reliable than continental ones Scientists could make use of local people's observations of rain and temperature To spur action, the IPCC could produce more regular reports on key issues Better observational data and geographically precise climate models are needed to allow scientists to predict the effects of rising atmospheric greenhouse gas concentrations at a local level, says a major climate change report. Deficiencies in these...

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Climate Change Insurance: Scientists Call on President Obama to Protect Public Forests

2013-09-28 21:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: Scientists specializing in forest ecosystems and climate change called on President Obama today to protect public forests from logging and development in efforts to forestall global warming and compliment the presidents recent proposal for tighter restrictions on coal-fired power plants. New forest inventories show that the nation's forests absorb nearly one-quarter of our greenhouse gas pollutants if left undisturbed. In contrast, logging releases most of the carbon stored as carbon dioxide,...

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