The 21st Conference of Parties to the United Nations Framework Convention on Climate Change concluded its international climate negotiations in Paris with a global accord.
The ambitious Paris Agreement reached at the recent United Nations’ 21st Conference of the Parties (COP21), which ultimately aims to limit the increase in global average temperatures to below 1.5 Celsius degrees from pre-industrial levels, will require substantial efforts from its signatories if the desired results are to be achieved, says an analyst with research and consulting firm GlobalData.
Clearly, among of the main ways to achieve these goals will be measures that encourage a rapid transition away from a fossil-fuels and greater investment and market share for clean energy sources and solutions – primarily wind and solar power, as well as energy efficiency.
Eddie O’Connor, CEO of Mainstream Renewable Power today called for a realistic approach at COP 21 to the need to fund investment in clean energy in growth markets.
A group of six green banks and two leading non-profit groups say they are establishing a Green Bank Network to help meet the urgent need of increasing and accelerating investment in renewable energy and energy efficiency worldwide.
Energy production accounts for two thirds of the world’s greenhouse gas emissions, so a reduction of carbon emissions in the energy sector is of paramount importance.
Following President Barack Obama’s opening speech at the COP21 climate change conference in Paris this week, more than 150 environmental, social justice, indigenous, and health groups called on the President to greatly increase the U.S. commitment to reducing carbon pollution. The message: keep at least 80% of U.S. fossil fuel reserves in the ground, and help…