Blue Foundation Launches New Blockchain Currency to Stimulate Investment in Zero-Emission Projects

Blue Foundation at Blockchain Summit announced the launch of the Bluenote, a new blockchain-based currency to stimulate investment in zero-emission cities. The first Bluenote projects leveraging the blockchain platform will be investments in emission-reducing technology upgrades of commercial office buildings. The initial coin offering (ICO) for the Bluenote token sale has already launched for private investors and […]

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CDP Report puts Spotlight on Deforestation Risks in Supply Chains

A new report by CDP, formerly the Carbon Disclosure Project, shows growing risk to investment returns as companies are not addressing deforestation risks in their commodities supply chains. Over USD 900 billion of annual turnover is dependent on commodities linked to deforestation, including soy, palm oil, cattle and timber, making financial institutions increasingly concerned about […]

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Bonn Climate Conference Becomes Launch-Pad for Higher Ambition

Nations agreed today to launch the next steps towards higher climate action ambition before 2020 at the close of the annual UN climate conference held in the German city of Bonn. Backed by a wide range of positive announcements from governments, cities, states, regions, companies and civil society, delegates from over 190 countries agreed to […]

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Italy and UN Launch Fellowship Programme for Climate Vulnerable Countries

The Government of Italy and UN Climate Change have signed a new Memorandum of Understanding (MoU) to launch a new Fellowship Programme aimed at strengthening the institutional capacity of the Small Island Developing States (SIDS) and the Least Developed Countries (LDCs) to respond to the challenges arising from climate change. The new Programme titled “Capacity Award Programme […]

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India-France cooperation a ‘partnership for planet’: Jean-Yves Le Drian

Describing the India-France cooperation as a “partnership for the planet”, French Foreign Minister Jean-Yves Le Drian said that the India-led International Solar Alliance (ISA) will play a crucial role in helping developing nations gain access to sustainable energy at lower costs. Le Drian said India and France have expressed the desire to maintain the momentum […]

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Syria Officially signs Paris Climate Accord, US lone outsider

Syria has officially signed up to the Paris Agreement, the UN said, leaving the United States as the only country to reject the global climate-rescue pact. “The Syrian Arab Republic deposited its instrument of accession of the Paris Agreement on 13 November 2017,” said the UN climate secretariat (UNFCCC) hosting the annual round of global […]

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BASIC Countries including India bats for finances, technology to fight climate change

Batting for adequate financial and technology resources to assist the developing world, BASIC countries, including India, on Tuesday emphasised the need for openness, transparency and the country-driven nature of negotiations at the ongoing UN Climate Change conference. Ministers underlined the importance to prepare the ground towards completing the work on implementing of the 2015 Paris […]

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There is still an ambition- investment gap to meet the goals of the Paris Climate Agreement: Experts

Finance for countering climate change is flowing at a greater pace than ever, with growing markets for renewable energy. But there is still an ambition- investment gap to meet the goals of the Paris Climate Change Agreement. To bridge this, which is completely inter-connected, governments and the entire financial sector must see it as a […]

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WHO launches special initiative at COP 23 to address climate change impact on health

World Health Organization (WHO) at COP23 in collaboration with the UN Climate Change secretariat and in partnership with the Fijian Presidency has launched a special initiative to protect people living in Small Island Developing States from the heath impacts of climate change. The vision is that, by 2030, all Small Island Developing States will have […]

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