BusinessGreen

June 7, 2021
Listed companies in the world's richest economies will soon have to publish comprehensive reports detailing the climate-related risks they are facing, after finance ministers from the G7 group of nations backed plans for mandatory reporting requirements.

In a move that will bolster hopes next week's G7 Summit and this autumn's COP26 Climate Summit could deliver significant progress for international efforts to tackle the climate crisis, Ministers issued a communique this weekend confirming plans to require banks and companies to disclose their exposure to climate-related risks.

Meeting in London ahead of the upcoming G7 Summit in Cornwall, Finance Ministers and Central Bank Governors finalised a major new agreement to tackle international tax avoidance, which included renewed support for the climate risk reporting guidelines proposed by the Taskforce on Climate-related Financial Disclosures (TCFD) back in 2017.

Read More

Mongabay

June 4, 2021
Nature-based solutions to tackle the climate crisis, specifically through the global carbon market, are attracting major public and private investment. Yet, according to new research by the NGO Rights and Resources Initiative (RRI) and Canada’s McGill University, most tropical forested countries looking to benefit from these markets still need to define the rights of Indigenous peoples, local communities and Afro-descendant peoples over carbon in their customary lands and territories.

If these rights are not meaningfully recognized, the researchers argue, the viability of these nature-based solutions will be fundamentally threatened.

RRI has tracked the land rights of Indigenous communities throughout the world for two decades. This latest research is in the context of a global task force established to rapidly expand voluntary carbon markets. Major international corporations like Amazon, Unilever, Salesforce, Airbnb and Nestlé, as part of the LEAF coalition, are pushing to mobilize at least $1 billion using Architecture for REDD+ Transactions (ART) to tackle deforestation and forest degradation.

Read More

Aljazeera - OpEd

June 2, 2021
Humanity faces a herculean task to reverse climate change and protect the natural world that supports us. We must retool human society to live in harmony with nature – all while leaving space for people in developing nations to prosper and grow.

We want this to happen immediately. But we must be realistic. Even if everyone starts immediately to turn their promises on climate change and nature loss into action – as they should and must – we are looking at decades of work.

To buy time to complete these transformations, particularly the transition to zero-carbon economies, we need fast-acting and simple solutions. Solutions that slow climate change, restore nature and biodiversity, protect us against pandemics, allow us to produce more food, create jobs, reduce inequalities, build peace.

Read More

Wired

May 25, 2021
The biggest hint nature ever gave humanity was when it sequestered fossil fuels underground, locking their carbon away from the atmosphere. Only rarely, like when a massive volcano fires a layer of coal into the sky, does that carbon escape its confines to dramatically warm the planet.

But such catastrophes hint at a powerful weapon for fighting climate change: Let nature do its carbon-sequestering thing. By restoring forests and wetlands, humanity can bolster the natural processes that trap atmospheric carbon in vegetation. As long as it all doesn’t catch on fire (or a volcano doesn’t blow it up), such “nature-based solutions,” as climate scientists call them, can help slow global warming.

Read More

BBC World Service

May 24, 2021
More than two thirds of our planet is covered by the oceans, but there’s still much to be uncovered about the role that these watery worlds play in climate change.

But recent scientific research claims that bottom trawling, a method of fishing that involves dragging heavy nets across the seafloor, emits about the same amount of carbon annually as aviation. Seabed sediments, which act as huge carbon sinks, are churned up, resulting in carbon dioxide emissions. So should trawling – commonplace around the globe because of its effectiveness – be reduced? And has the climate change impact of bottom trawling been exaggerated?

Listen

Campaign for Nature

May 21, 2021
Today, G7 Ministers responsible for Climate and Environment issued a sweeping communiqué laying out an urgent action plan for how to tackle the twin biodiversity and climate crises. 

In the communiqué, they assert their commitment to “conserving or protecting at least 30% of global land and at least 30% of the global ocean by 2030  to halt and reverse biodiversity loss by 2030 and address climate change.” They further urge that Indigenous Peoples, and local communities be included as “full partners in the implementation of this target.”

This historic call for greater and more coordinated climate and biodiversity action comes in the leadup to a meeting in Kunming, China this year, when delegates from 190 countries will agree on an action plan for ending the biodiversity crisis that can address the accelerating loss of species and protect the vital ecosystems that safeguard human health and economic security. 

Read More

Nature

May 12, 2021
Projects that manage, protect and restore ecosystems are widely viewed as win–win strategies for addressing two of this century’s biggest global challenges: climate change and biodiversity loss. Yet the potential contribution of such nature-based solutions to mitigating climate change remains controversial.

Decision-makers urgently need to know: what role do nature-based solutions have in the race to net-zero emissions and stop further global temperature increases?

Analyses of nature-based solutions often focus on how much carbon they can remove from the atmosphere. Here, we provide a new perspective by modelling how these solutions will affect global temperatures — a crucial metric as humanity attempts to limit global warming.

Read More

Inside Climate News

May 5, 2021
No matter how many solar panels, wind turbines and electric cars are built between now and 2030, the world won’t meet its increasingly ambitious climate targets without a lot of help from forests, fields and oceans. 

“Achieving net-zero by 2050 will not be possible without nature,” Interior Secretary Deb Haaland said on April 22 at the online climate summit hosted by President Joe Biden as she opened a session on nature-based climate solutions. “The impact of greenhouse gas pollution from extreme heat and storms is having a devastating effect on our lands and oceans. At the same time, nature provides us with solutions.” 

Read More

Campaign For Nature

April 27, 2021
Last week, at Biden’s Earth Day Summit, world leaders made bold and sweeping pledges to slash greenhouse gas emissions—a critical step toward achieving the Paris climate agreement. At the same time, heads of state from France, the U.K., Germany, Gabon and Costa Rica, among others speaking at the Summit, made the powerful case that we can’t solve the climate crisis without tackling the biodiversity crisis. 

Read More

Washington Post

April 22, 2021
Spring has returned to the California coast, bringing with it abundant sunshine and calmer seas. Storm-tossed sands settle. Nourishing cold water floods in from offshore. It is time for a climate superhero to emerge.

Giant kelp is among the best organisms on the planet for taking planet-warming gases out of the atmosphere. Buoyed by small, gas-filled bulbs called “bladders,” these huge algae grow toward the ocean surface at a pace of up to two feet per day. Their flexible stems and leafy blades form a dense underwater canopy that can store 20 times as much carbon as an equivalent expanse of terrestrial trees.

And when the fierce waves of winter come and kelp is ripped from its rocky anchors and washed out to the deep sea, that carbon gets buried on the ocean floor. It may stay there for centuries, even millennia, locking away more greenhouse gases than 20 million American homes use in a year.

Read More

Marine Conservation Institute

April 22, 2021
Today, a little after 8:00 am eastern and before dozens of world leaders participating in the Leader’s Summit on Climate, President Biden set bold greenhouse gas emission reductions for the United States—cutting 2005 emission levels in half by 2030— as US policy. He said in part, “…the US sets out on the road to cut greenhouse gases in half by the end of this decade”.

In less than 100 days, the President has reentered the Paris Climate Accords and proposed groundbreaking legislation (American Jobs Plan) that would make very large investments in clean energy, energy conservation and coastal resilience and restoration*. Contributing to the steep reductions in greenhouse gas emissions, ocean-based climate solutions like offshore wind, restoring carbon removal ecosystems like marshes and seagrass beds, eliminating bottom trawling from marine sanctuaries and establishing new marine protected areas could play a significant role.

Dr. Lance Morgan, President of Marine Conservation Institute, praised President Biden for his high climate change ambition, and said, “It is so exciting to see the President taking urgently needed action and leading on climate change. The administration recognizes that US commitments to the Paris Climate Accords must include ocean-based solutions and supports the conservation of 30% of our lands and waters which will also address climate change and future resiliency.”

Read More

Campaign for Nature

April 21, 2021

Today, the United Nations launched its Second World Ocean Assessment on the global state of the world’s oceans. 

“The Second World Ocean Assessment warns that many benefits that the ocean provides to humankind are increasingly being undermined by our actions. [...] The findings of this assessment underscore the urgency of ambitious outcomes in this year’s biodiversity, climate and other high-level summits and events. Together we can foster not only a green, but also a blue recovery from the Covid-19 pandemic and help ensure the long-term resilience and sustainable relationship with the ocean,” said UN Secretary General António Guterres in his remarks at the assessment’s launch. 

Read More

CNN

April 15, 2021
Google Earth users can now see the striking effect of climate change over the past four decades.

Google's latest feature, Timelapse, is an eye opening, technical feat that provides visual evidence of how the Earth has changed due to climate change and human behavior. The tool takes the platform's static imagery and turns it into a dynamic 4D experience, allowing users to click through timelapses that highlight melting ice caps, receding glaciers, massive urban growth and wildfires' impact on agriculture.

Timelapse compiles 24 million satellite photos taken from 1984 to 2020, an effort Google (GOOG) said took two million processing hours across thousands of machines in Google Cloud. For the project, the company worked with NASA, the United States Geological Survey's Landsat program — the world's longest-running Earth observation program — the European Union's Copernicus program and its Sentinel satellites, and Carnegie Mellon University's CREATE Lab, which helped develop the technology behind Timelapse.

Read More

European Environment Agency

April 15, 2021
Climate change, biodiversity loss and degradation of ecosystems are linked and all have devastating consequences for our economic and social stability, health and well-being. Working with nature is increasingly recognised as an efficient way to tackle these growing challenges, according the new EEA report ‘Nature-based solutions in Europe: Policy, knowledge and practice for climate change adaptation and disaster risk reduction.’

The EEA report provides up-to-date information for policymakers on the how to apply nature-based solutions for climate change adaptation and disaster risk reduction and at the same time making use of multiple societal benefits that these solutions can bring. Drawing on selected examples across Europe, the report shows how impacts of extreme weather and climate-related events are already tackled in this way. It also assesses global and European policies and how nature-based solutions are increasingly being integrated in the efforts to shift towards sustainable development.

Read More

Phys.org

April 14, 2021
New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.

Commerce Minister David Clark said the law would make climate reporting mandatory for banks, insurance companies and investment firms.

"Becoming the first country in the world to introduce a law like this means we have an opportunity to show real leadership and pave the way for other countries to make climate-related disclosures mandatory," he said.

Clark said it would force financial institutions to consider the real-world impact their investments have on the climate and allow the public to gauge their performance.

Read More