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World Bank Appoints Ex New York City Mayor As Special Envoy for Cities and Climate Change

WASHINGTON, January 31, 2014(ABC Live): – The World Bank Group President Jim Yong Kim issued the following statement today: “The appointment of Michael R. Bloomberg as a Special Envoy for Cities and Climate Change to the United Nations should be applauded from Beijing to Rio to Mumbai. His selection is a huge boost for global leadership efforts to combat climate ... Read More »

UK Climate Diplomat Considers China, India,Brazil as Climate Change Deal Spoilers

New Delhi (ABC Live): China, India and Brazil are not sending clear signals on whether they will sign a UN-backed global emissions reduction deal next year, says the UK’s top climate diplomat. Their reluctance to confirm their position within the UN negotiations could still derail the process, warned Sir David King, the UK’s special representative for climate change, at a ... Read More »

Water Shortages Slow Energy Production Worldwide: World Bank

New Delhi (ABC Live):Energy and water security are crucial to human and economic development. The two resources are now more interconnected than ever — significant amounts of water are needed in almost all energy generation processes, from generating hydropower, to cooling and other purposes in thermal power plants, to extracting and processing fuels. Conversely, the water sector needs energy – ... Read More »

Global Investors to Invest $500 Billion per Year on Clean Energy by 2020

New York (ABC Live): Nearly 500 leading investors meeting today at the United Nations see major growth potential for ramping up green bonds and other clean energy investments to the levels necessary in order to avoid the worst impacts of climate change. Despite a drop in global clean energy investments in 2013, institutional investors expressed strong agreement on the urgency ... Read More »

World Faces Extreme Weather in 2014

New Delhi (ABC Live): The United States was gripped by a cold wave 7-8 January, whilst much of Europe has seen unusually mild weather, and Australia was gripped by a heatwave. The conditions were accurately predicted in advance (in some cases, by more than one week) by meteorological services. USA: The U.S. National Weather Service said that on 7 January, every ... Read More »

Investment Banks Issue Guidelines for Green Bonds

New Delhi (ABC Live): New principles on the development and issuance of green bonds have been drawn up by a group of large investment banks. Bank of America Merrill Lynch, Citi, Crédit Agricole CIB and JPMorgan drafted the new framework, which guides disclosing, managing and reporting on the proceeds of a green bond. Green bonds issued by banks and corporates ... Read More »

Geneva to Host GEO 6 Days Plenary, Geneva Ministerial Summit from 12th January

New Delhi (ABC live):The Group on Earth Observations (GEO) Plenary and the Geneva Ministerial Summit will take place 12-17 January 2014 in Geneva, Switzerland. WMO, which is a member of GEO and hosts the GEO Secretariat, will participate in the event, which includes more than forums and panel discussions. On 13 January, there will be open forums on mitigating disaster risks, ... Read More »

UNFCCC Releases India’s Submission on Robust and Transparent National Forest Monitoring System to SBSTA

Bonn (ABC Live):United Nations Framework Convention for  Climate Change on Tuesday released official documents of Methodological guidance for activities relating to reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries: Following is the true copy of document submitted by India by 28 February 2012 ... Read More »

Global Climate Change Treaty Mandatory Countdown Begins in 2014

New Delhi (ABC Live):A draft text for a global climate change treaty set to be agreed in 2015 will be presented to governments as early as November 2014, according to the UN official in charge of negotiations. Christiana Figueres, Executive Secretary of the UN’s Framework Convention on Climate Change (UNFCCC) expects work on what is guaranteed to be a controversial ... Read More »

Sea Shepherd Australia to Stop Japanese Whale Hunting in Protected Antarctic Waters

CANBERRA (ABC Live): The Australian government was urged by local anti-whaling group Sea Shepherd Australia to take measures to stop the Japanese whale hunting in protected Antarctic waters. According to a latest statement released by Sea Shepherd Australia on Sunday, Sea Shepherd has obtained compelling footage and images of three dead protected Minke Whales on the deck of the Nisshin Maru, ... Read More »