WARSAW (Reuters) – Global economic losses caused by extreme weather events have risen to nearly $200 billion a year over the last decade and look set to increase further as climate change worsens, a report by the World Bank showed on Monday.
A United Nations’ panel of scientists has warned that floods, droughts and storms are likely to become more severe over the next century as greenhouse gas emissions warm the world’s climate.
LONDON, Nov 12 (Reuters) – The European Bank for
Reconstruction and Development (EBRD) will finance a
120-megawatt (MW) wind farm in Poland to help the country to
reduce its reliance on coal, the development bank said on
Coal-fired power generation provides 95 percent of Poland’s
electricity, but the country has been trying to expand
production of alternatives including nuclear power, renewables
and shale gas.
LONDON, Nov 7 (Reuters) – Britain should not weaken an
ambitious carbon emissions cut goal for 2023 to 2027 when it is
reviewed next year because efforts to fight climate change
should be deepened, not scaled back, the government’s climate
advisers said on Thursday.
The Committee on Climate Change (CCC) said there have been
no significant changes in climate science or international
efforts to cut emissions since the goal in the government’s
fourth carbon budget was set two years ago.
OSLO/LONDON (Reuters) – World governments are likely to recoil from plans for an ambitious 2015 climate change deal at talks next week, concern over economic growth at least partially eclipsing scientists’ warnings of rising temperatures and water levels.
“We are in the eye of a storm,” said Yvo de Boer, United Nations climate chief in 2009 when a summit in Copenhagen ended without agreement. After Copenhagen, nations targeted a 2015 deal to enter into force from 2020 with the goal of averting more floods, heatwaves, droughts and rising sea levels.
LONDON, Nov 5 (Reuters) – Greenhouse gas emissions in 2020
will be 8 billion to 12 billion tonnes more than the level
needed to keep global warming to only 2 degrees Celsius and
avoid severe climate change, a United Nations report estimated
The annual U.N. Environment Programme (UNEP) report analysed
countries’ current pledges for emission cuts and whether they
BRUSSELS/LONDON, Oct 28 (Reuters) – Thirteen European
environment ministers urged the European Union on Monday to
adopt ambitious energy and climate goals for 2030 or risk
falling behind the rest of the world.
In a 40-page document released in Brussels, they also called
on the 28-nation bloc to reform the EU’s Emissions Trading
System (ETS) and said environmental action need not clash with
efforts to limit energy prices.
PRAGUE/LONDON (Reuters) – Southeast Europe is hoping increased natural gas exploration in the Black Sea will help cut its dependency on Russian supplies, but a gas bonanza remains elusive and Moscow is taking steps to defend its dominant position in the region.
Despite previous efforts, the Black Sea has so far not produced much gas because deep water and tough geology have required costly high-tech equipment.
PRAGUE/LONDON Oct 24 (Reuters) – Southeast Europe is hoping
increased natural gas exploration in the Black Sea will help cut
its dependency on Russian supplies, but a gas bonanza remains
elusive and Moscow is taking steps to defend its dominant
position in the region.
Despite previous efforts, the Black Sea has so far not
produced much gas because deep water and tough geology have
required costly high-tech equipment.
LONDON (Reuters) – The United States called on Tuesday for a more flexible approach to a new United Nations’ climate deal which balances the needs of all countries and has a better chance of success.
Two years ago, some 190 countries agreed to develop a pact to succeed the Kyoto Protocol which would force all nations to cut their greenhouse gas emissions. The deal is to be signed by 2015 and come into force in 2020.
LONDON (Reuters) – Global spending to combat climate change fell last year and remains far below the level needed to prevent its most dangerous effects, a report by the Climate Policy Initiative said on Tuesday.
Investment in renewable energy, energy efficiency and adaptation to climate change totaled $359 billion, $5 billion less than in 2011, as an economic slowdown hit state and private-sector budgets.