In late 2022, the first session of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution, including marine litter, was held in Punta del Este, Uruguay. At the conference, UNEP’s Executive Director, Inger Andersen, called for a broad, inclusive and science-driven agreement that provides adequate resources for developing countries. “We…(Read more)
Tag: environmental impact
High Ambition Coalition ready to deliver on 30X30 biodiversity commitment
On December 19, 2022, following 116-country member High Ambition Coalition for Nature and People, co-chaired by Costa Rica and France, “celebrated the inclusion of a historic target to protect or conserve at least 30% of the planet’s land and ocean by 2030 (30×30) in the United Nations Kunming-Montreal Global Biodiversity Framework approved today at the…(Read more)
Opportunities and threats for US clean energy in 2023
Writing for Canary Media on January 2, 2023, Jeff St. John surveys the potential for and barriers to renewable energy growth in the United States, asking whether the Inflation Reduction Act can power the sector to overcome significant obstacles and achieve new levels of scale and capacity. Specifically, to what extent can the IRA reduce…(Read more)
In 2022, green lending exceeded debt financing for the fossil fuel industry
“For the first time, more money was raised in the debt markets for climate-friendly projects than for fossil-fuel companies,” writes Bloomberg’s Tim Quinson. Data compiled by Bloomberg show that, in 2022, “roughly $580 billion was arranged in 2022 for renewable energy and other environmentally responsible ventures, while the oil, gas and coal industries turned to…(Read more)
US to Triple Climate Change Spending over the Next Ten Years
The World Economic Forum has underscored the significant commitment by the federal government in the United States to triple spending on climate change over the next ten years. Citing a new report by RMI, WEF notes that: “The Infrastructure Investment and Jobs Act, CHIPS and Science Act, and the Inflation Reduction Act include more than…(Read more)
United Nations Environment Assembly Votes for Historic Agreement to Fight Plastic Pollution
On March 2, 2022, in Nairobi, the United Nations Environment Assembly voted for ah historic agreement to fight plastic pollution. As the United Nations Environment Programme reported: “Heads of State, Ministers of environment and other representatives from 175 nations endorsed a historic resolution at the UN Environment Assembly (UNEA-5) today in Nairobi to End Plastic…(Read more)
Biodiversity Financing Promotes the Cooperation Needed to Stop Extinctions
Writing in The Triple Pundit, Riya Anne Polcastro underscores the importance of an initiative of major NGOs advocating annual financing from rich countries of $60 billion per year to protect biodiversity and prevent further mass extinction. “The Nature Conservancy, the Rainforest Trust and the World Resources Institute are just a few among the groups calling…(Read more)