Global Scans · Climate · Weekly Summary

WHAT'S NEXT?: Dealing with climate change over the next 15 years will require $6 trillion USD in annual investment. Organizations, large and small, will increasingly be pressured to deal with the effects of global climate change or face increased costs through not fully adopting sustainable policies. Instantly explore what’s changing and likely to impact your organization and how to mitigate the threat for the benefit of all mankind.

• [New] Environmental crimes like land grabbing, illegal deforestation, and poaching hinder climate action, deter investment in sustainable practices, and threaten biodiversity across major biomes worldwide. Mongabay Environmental News
• [New] Because of the Canada Carbon Rebate, the Government of can take real action to slow down climate change and still protect households from increased costs that climate change will mean for insurance, infrastructure repairs, health care, and more. Yahoo Finance
• [New] Open dumping and inappropriate disposal in landfills presented threats to public health and safety of the environment as well as contributed an estimated 5% of global greenhouse gases to climate change. Ghana News Agency
• [New] As the single largest climate investment in the Inflation Reduction Act, the Greenhouse Gas Reduction Fund will cut emissions, protect health, and create job and economic opportunities so that communities will not just survive but thrive for generations to come. US EPA
• [New] Based on what we hear, there's no reason to doubt that the climate rules for cars and light-duty trucks are going to cut well over 90% of the carbon pollution from new cars, SUVs and pickup trucks over the next few decades. The Washington Post
• [New] Climate change poses micro prudential and macroprudential risks for the financial system in the form of direct physical shocks and risk from transition to a low-carbon economy. Times of Oman
• USAID is advancing U.S. government objectives to reduce global greenhouse gas emissions in the coming decade and helping countries increase their resilience to global climate change through its new Agency-wide Climate Strategy 2022-2030, rooted in inclusion and equity. Education Links
• The decarbonization of the waste-to-energy industry is crucial in achieving ambitious climate goal of reducing greenhouse gas emissions by 55% by 2030. PR Newswire
• Carbon markets are expected to play an important role in achieving climate, energy security, and sustainable development goals by boosting the efficiency of energy transitions and raising money for clean energy projects. Businessday NG
• The new rules announced by the Environmental Protection Agency (EPA) will apply to vehicles including freight trucks, school buses and waste haulers built between 2027 and 2032, and will prevent around a billion tons of greenhouse gas emissions from entering the atmosphere. Tech Xplore
• By supporting innovative household solutions and investing in climate-resilient infrastructure, impact investors can contribute to the Sustainable Development Goals and improve the well-being of communities around the world, aligning values with the potential for financial returns. GreenMoney
• In addition to the carbon tax, South Africa plans to use sectoral and company-level carbon budgets as part of the mitigation policy package to achieve the nationally determined contributions (NDC) to the United Nations Framework Convention on Climate Change (UNFCCC). IMF eLibrary
• Steep cuts in carbon emissions, mainly from burning fossil fuels, will be needed in the coming years if targets to limit a global rise in temperatures and prevent runaway climate change are to be met. CNN
• Sweden is actively pursuing climate targets - with ambitions to become carbon neutral by 2045 and end the sale of fossil fuel vehicles by 2030. Mer UK
• To achieve the aspirational goal of the Paris Agreement on climate change - limiting the increase in global average surface temperature to 1.5 degrees Celsius above preindustrial levels - will require its 196 signatories to dramatically reduce their greenhouse gas emissions. MIT News | Massachusetts Institute of Technology
• The UK government is attempting to strike a delicate balance between trying to neutralise security threats posed by China while maintaining or even enhancing engagement in some areas such as trade, investment and climate change. The Mandarin
• Carbon neutralization represents an opportunity for the world to help reduce emissions and stabilize the changing climate, while helping to preserve the natural world. Sustainability (US)
• Today, as climate change takes its toll on the global population, healthy mangrove ecosystems are viewed as ecosystems of hope to store carbon and build resilience against looming coastal hazards. Nature
• Satellite-aided, Indigenous-led climate action is taking place in some of the most remote rainforests in the world, to help predict the impact of the changing climate and of deforestation. Positive News
• The Environmental Protection Agency rule, which would begin taking effect with model year 2027, would require car manufacturers to increase sales of electric vehicles while cutting carbon emissions from gasoline-powered vehicles. Los Angeles Times
• Whatever the future holds, Inuit and all Arctic indigenous peoples will press the global community to reduce emission of greenhouse gases that are the main cause of the impact of climate change we are experiencing throughout the circumpolar Arctic and foreseen areas. United Nations
• Austria's climate policy, a linchpin of Mission 2030, targets a substantial 36% reduction in greenhouse gas emissions by 2030 compared to 2005 levels. MDPI

Last updated: 14 April 2024