In fact, investors often fare better by weighting their portfolios toward green investments.
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In the developed world, we see that India can now meet its wind power targets with little government support — wind is already cost competitive with imported coal. And while challenges with coal still exist in China, the recent move to cap and trade shows that the nation is ready to pursue a lower-carbon path.
Indonesia, which has been struggling with peat fires that have created a huge spike in forest destruction and emissions over the last several months, now has opportunities to rethink its agriculture sector to deliver win-wins for communities, farmers, and government. In Brazil, policy makers have long been working to protect forests, with policies in place that have helped halve deforestation rates , reducing more emissions each year than all the renewable energy in Europe combined.
Brazil is also working to rethink its agriculture sector by introducing new technologies and incentives that can raise agricultural productivity on existing land.
Overall, the transition to a low-carbon energy system can free up trillions, with the move away from fossil fuels benefiting most economies, and the move toward more productive agriculture along with forest protection can benefit both business and the environment. Governments and businesses are recognizing these opportunities, and the actions at Paris, and far beyond, demonstrate this momentous shift.
The work now can focus on realizing these opportunities. Only by […].
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Why have nations and businesses changed their tune? There are more opportunities to benefit economically from climate change action. December 14, at pm.
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Talks progress slowly at Bonn, focus shifts to next COP at Marrakesh Adaptation, finance, pre actions and loss and damage should remain the core agenda for the next Conference of Parties May 30, Parties discuss aspects of global stocktake at Bonn climate talks Talks involved deliberations on the design and technicalities of the global stocktake which will take place in May 26, Bonn climate talks proceed with formation of contact group First round of discussions held on matters including Nationally Determined Contributions, transparency framework and global stocktake May 31, Even 0.
Around countries set to sign the Paris Agreement in New York The new climate change agreement was adopted in Paris on December 12 last year April 19, Related Tags Climate Change.
Climate Agreements. Emission Targets. Climate Equity.