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How Finance can help stop climate change: Green bonds

Edouard Stenger

Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. To conclude, finance is a key component of slashing carbon emissions and reaching global carbon neutrality by 2050 at the latest and being carbon negative afterwards.

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Testimony by Michael Shellenberger before the House Agriculture Committee on “Climate Change and the U.S. Agriculture and Forestry Sectors”

Environmental Progress

39] If everyone followed a vegan diet, which excludes not only meat but also eggs and dairy products, land-based emissions could be cut by 70 percent by 2050, said IPCC. [40] 43] Another study found that if every American reduced her or his meat consumption by one-quarter, greenhouse emissions would be reduced by just 1 percent.