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In Glasgow, Financiers Vow to Shift Investments from Fossil Fuels to Renewables

Yale E360

Does it finance coal or wind power, deforestation or ecological recovery? Follow the money. Whatever politicians promise, what matters is where investment goes.

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Emergency?

Legal Planet

A 2022 Rainforest Action Network repor t found that “fossil fuel financing from the world’s 60 largest banks has reached USD $4.6 trillion in the six years since the adoption of the Paris Agreement, with $742 billion in fossil fuel financing in 2021 alone.” The biggest US bank investors in fossil fuels? “At

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Emergency? Part 5

Legal Planet

We have seen governments and companies make time-bound commitments to end deforestation, restore degraded forest landscapes, and achieve sustainable forest management. But rapid deforestation and forest degradation have continued, driven primarily by growing global demand for food, fuel, and fiber.

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The new Global Methane Pledge can buy time while the world drastically reduces fossil fuel use

Environmental News Bits

climate conference in Glasgow: on coal, finance, methane and deforestation. by Jeff Nesbit, Yale University There were four big announcements during the first week of COP26, the U.N.

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Unrelenting Heat Requires Accountability and Action

Union of Concerned Scientists

Right in the middle of Danger Season , we are going through a period of unprecedented global extreme temperatures driven by fossil-fueled climate change. It didn’t have to be like this The fossil fuel industry and its enablers are most to blame for the rising temperatures and increasing frequency and severity of heatwaves.

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Governors’ Climate and Forests Task Force Kicks Off Annual Meeting in Heart of the Amazon Basin

Legal Planet

Tropical deforestation is estimated to cause more climate warming emissions than the global transportation sector , and deforestation rates have increased despite the COVID-19 pandemic. Find more information on the 12 th Annual Meeting of the GCF Task Force here. Background on the GCF Task Force.

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A Cap on Vegetable Oil-Based Fuels Will Stabilize and Strengthen California’s Low Carbon Fuel Standard

Union of Concerned Scientists

This is drawing bio-based diesel fuel out of other states and putting California and federal fuel policies into a vicious cycle that is contributing to ever more unsustainable and expensive fuel policies. California may seem like an unlikely driver of deforestation from soybean and palm oil biofuels.

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