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Sustainability Outlook Headlines
Climate talks 'lacking urgencyLack of urgency in the Durban meeting halls and pressing issues elsewhere threaten to block progress as the UN climate summit enters its final days. Some delegates said there was no clear process for bridging divides. Others suggested that the EU summit would see the leaders "thinking of the euro crisis, not the climate crisis". US climate envoy Todd Stern's set-piece speech was heckled by a campaigner protesting that the US was blocking a deal here, which Mr Stern denied. Most nations appear to want a strong deal - but the exceptions are some of the world's... Read more.. Date : Dec 8 Source: BBC News
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Fears for global climate fund emergeA multi-billion dollar green climate fund could end up a casualty of increasingly fraught negotiations in the final hours of the UN Climate talks, a senior official has warned. “Of course it could fall victim,” Trevor Manuel, the former South African finance minister who spent much of the last year working on the fund’s design, told the Financial Times. “It’s about the negotiating chip, not about this thing.” The fund is deemed critical to helping poorer countries tackle the impact of global warming, but countries are still bickering over issues such as which ones would have... Read more.. Date : Dec 8 Source: Financial Times
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UN Climate Conference close to deal on Green FundNegotiators are close to agreeing the shape of a Green Climate Fund, which is designed to help poor nations tackle global warming and nudge them towards a new global effort to fight climate change. Rich countries have pledged up to $100 billion a year by 2020 to aid poor states most directly affected by rising global temperatures to adapt their economies and protect themselves from adverse weather. But critics say it could remain a hollow shell unless there is also agreement on where the actual funds come from -- and how the money is spent. "I have a fair amount of... Read more.. Date : Dec 8 Source: Reuters
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UN Climate Change Conference 2011: US not keen on legally binding agreementsThe United States doesn't consider the scientifically determined goal of containing global temperature rise to two degrees above the pre-industrial period to be an "operational cap". The global temperature goal was written into the Cancun Agreements which was adopted by all countries at the UN-sponsored talks last December. The US said it viewed the two degrees guardrail as an "important and serious goal", and as "a guide to action we take" but that it was not a serious cap. "It is important and serious and it is a guide. But that is different from being an operational cap, that we... Read more.. Date : Dec 8 Source: Economic Times
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COP-17: Indigenous rights group turns up the heat on CanadaCIVIL opposition to the Canadian government has ramped up this week, with Canadian participants in the Durban climate change talks complaining that their government was listening to polluting industry, and not to their people. Six protestors were ejected from the international climate change talks on Wednesday for turning their backs on Canadian environment minister Peter Kent when he addressed the plenary. The action was the latest in a string of peaceful protests against the Canadian government, which has come under intense pressure from its own people to change course,... Read more.. Date : Dec 8 Source: Business Day
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Green energy to be made mandatory for powering cell towersThe Department of Telecom will make it mandatory for mobile companies to tap into renewable sources of energy for powering their towers. Under the new rules, at least 50 per cent of towers and 20 per cent of the urban towers are to be powered by hybrid energy sources (renewable +grid) by 2015. This will have to be scaled up to 75 per cent of rural towers and 33 per cent in urban areas by 2020. The move is aimed at reducing the carbon emissions due to increased dependence on diesel. India has around 3.5 lakh telecom towers of which about 70 per cent are in rural areas.... Read more.. Date : Dec 8 Source: The Hindu Business Line
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Canada wants new climate deal by 2015: Environment ministerCanada is pushing for a new binding international climate-change regime to come into effect within four years to avoid dangerous interference with the atmosphere, Environment Minister Peter Kent said Thursday. Speaking to reporters after a public appearance at a side event at the United Nations climate-change summit, Kent acknowledged there were a lot of issues left to resolve before the end of the conference on Friday. In a separate teleconference call with reporters in the evening, he also acknowledged rumours that the summit could be extended by hours or even days to... Read more.. Date : Dec 8 Source: The Vancuver Sun
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Environment minister jayanthi Natarajan 'cautiously optimistic' about Durban outcomeWorking on a rapidly ticking clock, South Africa has made it clear that Durban is likely to see the linking of a second commitment period for the Kyoto Protocol with "balanced progress" with steps taken towards a "legally binding outcome" for all. Environment minister jayanthi Natarajan said that link between the second commitment period and a "roadmap" for a legally binding outcome was still being maintained "gap between the ambition level demanded by the European Union and other developed countries and the implementation levels demanded by developing countries continues to be... Read more.. Date : Dec 8 Source: Economic Times
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Environment minister jayanthi Natarajan 'cautiously optimistic' about Durban outcomeWorking on a rapidly ticking clock, South Africa has made it clear that Durban is likely to see the linking of a second commitment period for the Kyoto Protocol with "balanced progress" with steps taken towards a "legally binding outcome" for all. Environment minister jayanthi Natarajan said that link between the second commitment period and a "roadmap" for a legally binding outcome was still being maintained "gap between the ambition level demanded by the European Union and other developed countries and the implementation levels demanded by developing countries continues to be... Read more.. Date : Dec 8 Source: Economic Times
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Canada on the World Stage: Inerjys CEO Talks Renewable Energy In DurbanWhile governments continue to face uncertainty in their negotiations to replace the Kyoto Protocol, the private sector has some ideas on solutions to climate change. Stephan Ouaknine, Managing Partner of the Montreal-based firm Inerjys Ventures, spoke at the World Climate Summit in Durban to discuss how the private sector can help make clean energy affordable and abundant. The second annual Summit is the largest international business conference that occurs alongside the government COP17 climate change negotiations. Ouaknine spoke about the need for new business models... Read more.. Date : Dec 8 Source: The Market Watch
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SS-GATE, UNDP and UNFCCC join hands to help green COP 17Certified emission reduction (CER) credits from a clean development mechanism project in Johannesburg will be used to offset the travel of UNFCCC Secretariat staff and supported delegates to the UN Climate Change Conference (COP 17). The Secretariat of United Nations Framework Convention on Climate Change (UNFCCC), together with the South-South Global Assets and Technology Exchange (SS-GATE) and the Special Unit for South-South Cooperation in the UN Development Programme (UNDP) made a presentation to announce the offset initiative at the conference. Climate change is... Read more.. Date : Dec 8 Source: Northumberland view
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Battle Over the Trees: Indigenous Peoples Denounce REDD+ at COP 17 TalksIndigenous peoples came to COP 17 with a simple message: Your Kyoto Protocol isn’t working for us. Amid skepticism and growing doubt, the climate talks known as COP 17—shorthand for the 17th United Nations Conference of the Parties—began in Durban, South Africa, on November 28 and are set to end December 9. Many environmentalists arrived feeling that the world’s nations aren’t serious about taking action to prevent catastrophic global temperature increases, especially in regions most vulnerable to climate change and where indigenous peoples are disproportionately affected as... Read more.. Date : Dec 8 Source: Indian Country Today
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COP 17: South Africa suggests extending talksWith UN climate talks stalling and time running out, host country South Africa has suggested extending the Durban summit by “some hours or days,” Canada’s chief envoy said Thursday. But some countries, including Canada, which has been widely criticized for quitting the Kyoto Protocol, have “hard departure plans” and would not be willing to stay past Friday, the official end of the 12-day summit, Canadian environment minister Peter Kent said in a conference call with journalists. As climate change negotiations headed into their final day in Durban, a divide remained between... Read more.. Date : Dec 8 Source: Global Post
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UN-led campaign that planted 12 billion trees worldwide starts new phaseA United Nations campaign that has overseen the planting of more than 12 billion trees around the world has been handed over to a youth-led environmental organization based in Germany that will build on the initiative’s achievements over the past four years. “More than 12 billion trees have been planted by people from all walks of life – schoolchildren to presidents – testament to a growing global movement for sustainability,” said Secretary-General ban Ki-moon in his remarks marking the handover of the campaign. “As we look to the Rio+20 UN Conference on Sustainable... Read more.. Date : Dec 8 Source: UN News Centre
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Suzlon Energy Chairman Says Funds Raised to Expand, Not for Margin CallFounding investors of Suzlon Energy Ltd. (SUEL), India’s biggest wind-turbine maker, sold a stake to raise cash for the company to invest in land and infrastructure, the chairman said, rebuffing speculation over other motives. Suzlon needs to invest in property for wind farms and power distribution equipment to maintain its dominant share of the Indian wind market, which is expanding by 40 percent annually, according to Chairman Tulsi Tanti. “We need some liquidity” to fund expansion, he said in an interview this week in Durban, South Africa, at international climate talks.... Read more.. Date : Dec 8 Source: Bloomberg
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ENVIRONMENT-INDIA: Women Turn Waste Into WealthStanding on the shimmering white beach and gazing out at the turquoise blue waters of the Arabian sea, it is hard to believe that a decade ago this international tourist destination was under siege by mounting heaps of garbage. But Kovalam, about 12 km north of Thiruvananthapuram, capital of southern Kerala state, has been declared a ‘zero waste area’ by a women’s self-help group (SHG) which is engaged in recycling waste into biodegradable carry bags and other items of daily use. Leena, 35, who heads the SHG - one of several in Kovalam - said she was initially sceptical about... Read more.. Date : Dec 8 Source: Inter Press Service
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Green tax from January 2012 will stay, says EUThe carbon tax on flights landing in European airports that can cost a passenger an additional up to Rs 300 is going to stay. "No way the Parliament will change the law," said Jo Leinen, chairman of European Parliament delegation to climate talks at Durban, claiming that the criticism of the European emission trading scheme (EU-ETS) was biased. India and other developing countries had opposed the carbon tax on aviation sector from January 2012 terming it unfair trade practice in name of climate change and violative of the basic spirit of United Nations' climate... Read more.. Date : Dec 7 Source: Hindustan Times
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Australia, N.Z. Push Kyoto Extension to Avoid Being ’Only Idiots’ ActingAustralia and New Zealand, which sponsor the most developed carbon markets outside Europe, say they won’t agree to remain part of the Kyoto treaty unless other countries bolster efforts to curb emissions. Australia will only sign up for further cuts under Kyoto through 2020 if all big emitting countries agree to legally binding actions, Climate Change Minister Greg Combet said in an interview in Durban, South Africa. New Zealand says it won’t join unless it has stronger assurance that voluntary pledges will be met by large polluters such as China. “We need to be able to go... Read more.. Date : Dec 7 Source: Bloomberg
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MiaSole and U.S. Ex-Im Bank Sign Agreement for Indian Solar ProjectMiaSole, the leading manufacturer of copper indium gallium selenide (CIGS) thin-film photovoltaic solar panels, today announced that the Export-Import Bank of the United States has financed a project in support of a 2MW solar development effort to be constructed in Gujarat, India by Universal Solar System. Using MiaSole's innovative solar panels, the utility scale project will supply a clean, renewable form of energy for use in the region. "The agreement is another demonstration of Ex-Im Bank's commitment to help US companies turn export opportunities into sales in critical markets... Read more.. Date : Dec 7 Source: Reuters
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Moser Baer to spend $1 bn on solar plants in 9 monthsMoser Baer Clean Energy, the renewable energy vertical of Moser Baer India, today said it is investing $1 billion (Rs 5,100 crore) for setting up solar projects with a cumulative capacity of 300 MW in the country and abroad in the next nine months. "We are well-funded right now, we raised around $1 billion in the last 12 months. We commissioned 100 MW in solar projects from April-September, 2011, and would add 300 MW more through solar in the next nine months," Moser Baer India Executive Director Ratul Puri told reporters at a Bloomberg-UTV event here today. These projects... Read more.. Date : Dec 7 Source: Business Standard
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Big win for India at DurbanIn what is perceived as a moral victory, a new negotiating draft for conference of 195 countries at the port city on Wednesday had India's concerns on equity and unilateral carbon tax. But, it fails to find mention of intellectual property right issues related to transfer of clean technologies. India had faced a stumbling block from some rich nations represented by Singapore in getting its concerns on these three issues discussed at the Durban conference. After much peristance and support from developing world countries such as Pakistan, the conference decided not... Read more.. Date : Dec 7 Source: Hindustan Times
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N-energy, military ties focus of Indian PM's Moscow visitAhead of a three-day Indian Prime Minister Manmohan Singh'svisit to Moscow from Dec 15-17, Russian Ambassador Alexander M. Kadakin Wednesday said that the focus of the summit beween the leaders of the two countries this time will be on expanding nuclear energy cooperation and building on long-standing military ties. Kadakin told reporters here that India and Russia will be looking foward to signing of about half-a-dozen agreements in the nuclear energy, defence and economic cooperation during Singh's visit.i He added that after 10 years of "strategic" ties, the two countries... Read more.. Date : Dec 7 Source: New Kerala
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You must lead world from abyss, urges BanThe world is nearing a point of no return and only decision makers at the climate change conference in Durban "can bring us from the edge", United Nations secretary-general Ban Ki-moon said. But the goal of reaching a legally binding agreement might not be possible by the end of COP17 this week, he told heads of states, royalty and ministers . "Let me speak plainly. We must be realistic about the expectations for a breakthrough in Durban. We know the reasons: grave economic troubles in many countries, abiding political differences, conflicting priorities and strategies for... Read more.. Date : Dec 7 Source: Times Live
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BASIC countries remain united over climate change: Chinese delegateBrazil, South Africa, India and China, known as "BASIC countries", remained united over major issues in relation to climate change, a senior Chinese official on climate change said here on Tuesday. BASIC countries are united and demand that the second commitment of the Kyoto protocol "is a must," Xie Zhenhua, who led a Chinese delegation to the UN Climate Change Conference in Durban, South Africa, told a joint news briefing with his South African, Indian and Brazilian counterparts. "The BASIC countries are united firmly..we are countries of action. We are ready to do our due... Read more.. Date : Dec 7 Source: Xinhuanet News
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Act while you still can - ZumaPresident Jacob Zuma and several world leaders delivered stirring speeches in Durban on Tuesday evening on the need to act quickly to “save the world” from climate change – despite clear signals that political negotiators will once again delay the solutions recommended by most climate scientists. “I don’t think you would want to disappoint the citizens of the globe... The world is in danger and we all agree that something needs to be done,” said Zuma. “The world is looking at us with hope that we will take decisions that will save the globe for ourselves and the coming... Read more.. Date : Dec 7 Source: IOL News
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