Valerie's Feed
Oct 16, 2014

Development banks should mobilize climate funds: World Bank’s Kim

WASHINGTON (Reuters) – The World Bank and other multilateral finance institutions should pool their resources to help developing countries combat and adapt to climate change, helping smooth the path to a global climate agreement in Paris next year, World Bank President Jim Yong Kim said on Thursday.

One important disagreement looming over the climate talks is how countries will reach an agreed target of raising $100 billion in annual funding for climate change projects in developing countries by 2020, Kim told the Reuters Global Climate Change Summit.

Oct 16, 2014
Oct 16, 2014
Oct 16, 2014
Oct 16, 2014
Oct 16, 2014

For tech firms, the cloud makes carbon curbs compulsory

NEW YORK (Reuters) – As mobile devices proliferate and big business turns to cloud computing to cut costs and improve efficiency, technology companies are facing a double challenge: powering energy-hungry data centers to expand the cloud while keeping carbon emissions from skyrocketing.

Cloud computing has paved the way for technologies such as video conferencing and smart building management that can make corporations greener. But it is also shifting a larger share of electricity consumption – and the carbon output associated with it – onto firms such as Google (GOOGL.O: Quote, Profile, Research, Stock Buzz) and Microsoft (MSFT.O: Quote, Profile, Research, Stock Buzz) that run the data centers or manufacture computer servers.

Oct 16, 2014
Oct 15, 2014
Oct 15, 2014
Oct 15, 2014