Low Carbon Economy

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

India’s triple challenge: growth, development and climate change

India’s goals for economic growth are ambitious; the Indian Government is aiming to achieve human development on a par with EU countries. This report looks at how India’s seemingly conflicting aims can be reconciled, and how a fair global climate deal could be a catalyst for a rapid move towards …

India's carbon emissions rise, even as global rates fall

India's energy emissions are now the highest in the world, driven by a double-digit growth in demand for coal-based power, a PwC report says The rise in carbon emissions due to electricity generation was the highest in India even as the global economy moved away from carbon based energy sources, …

Global landscape of climate finance 2015

As 2015 draws to a close, there is a strong hope that the Paris Climate Summit could represent a turning point in the global fight against climate change. A transformation of global financial and energy systems is needed to make a low-carbon and climate-resilient global economy the ‘new normal’, and …

CDP Global Climate Change Report 2015: At the tipping point?

The CDP Global Climate Change Report 2015 offers analysis of the current state of the corporate response to the causes of global warming. Are we at a tipping point? Discover the difference five years has made on how companies are tackling climate change and preparing for a low carbon economy.

Big firms say EU carbon reforms do not go far enough

Proposed reforms to the EU carbon market do not go far enough and need to be supplemented by a phase-out of fossil fuel subsidies, a group of major companies said in an open letter to European Union environment ministers meeting on Monday. The European Commission in July outlined its plans …

81 companies sign pledge on climate change: US

The White House said that a total of 81 companies have signed a pledge to reduce greenhouse gas emissions as part of the country's efforts to combat climate change. Among the companies signing the American Business Act on Climate Pledge are Coca-Cola, Apple, Intel, IBM and Walmart, Xinhua reported. The …

Paris climate summit must deliver long-term framework: USPTI

Ahead of the crucial Paris climate summit, the United States has said the much-awaited global meet must deliver a long-term transparent framework that ratchets down future emissions over time. Days after India set the ambitious target of reducing carbon emissions relative to its GDP by 33 per cent to 35 …

Low Carbon Economy Index 2015: conscious uncoupling?

PwC’s 7th annual Low Carbon Economy Index (LCEI) tracks the rate that G20 countries are decarbonising their economies. This year PwC also looked at the ambition of their national targets (or Intended Nationally Determined Contributions – INDCs). Are they adequate in terms of delivering the decarbonisation required to limit warming …

Trends in private sector climate finance

This report presents the progress made since the 2014 climate summit in private sector climate finance. It argues that the private sector has made significant strides in response to the challenge posed by climate change and has led the effort so far, but that now it is time for the …

Ensuring new infrastructure is climate-smart

About US$90 trillion in infrastructure investment is needed globally by 2030 to achieve global growth expectations, particularly in developing countries. To achieve this, infrastructure investment needs to be both scaled up, and, due to climate risk, integrate climate objectives. Infrastructure investment has become a core focus of international economic cooperation …

Low carbon futures in Canada: the role of urban climate change mitigation

A new research report, “Low Carbon Futures in Canada: The Role of Urban Climate Change Mitigation” explores Canadian cities’ commitments to urban GHG emissions reduction efforts and outlines concrete opportunities for further action, including shifting focus beyond energy and enlisting federal support for these initiatives. The report found that Canadian …

Low-carbon development in sub-Saharan Africa: 20 cross-sector transitions

Sub-Saharan Africa is at a critical point, experiencing rapid population growth, particularly in urban areas, and a young and growing workforce. At the same time, the growing risk of catastrophic global climate change threatens to weaken food production systems; increase the intensity and frequency of droughts, floods, and fires; and …

India to announce climate commitments on Gandhi Jayanti

India will announce on October 2 its Intended Nationally Determined Contributions (INDCs) in the lead up to the Paris climate summit in December, the government indicated on Friday, hours after Prime Minister Narendra Modi told the U.N. General Assembly that the country’s development goals and the U.N. Sustainable Development Goals …

Zero poverty, zero emissions: eradicating extreme poverty in the climate crisis

Eradicating extreme poverty is achievable by 2030, through growth and reductions in inequality. However, unless global emissions peak by around 2030 and fall to near zero by 2100, catastrophic climate change could draw up to 720 million people back into extreme poverty. This report looks at how poverty can be …

Bridging the gap between energy and climate policies in Brazil: policy options to reduce energy-related GHG emissions

A new report by World Resources Institute and University of Sao Paolo’s Institute of Energy and Environment finds that Brazil could change its energy mix and move toward a lower-carbon economy by modernizing transport, improving renewable energy capacity and increasing industrial efficiency. The report, Bridging the Gap Between Energy and …

Manufacturers call for policy shift 'from stick to carrot' on green taxes

The UK Government should move away from out-dated green taxes which target businesses and instead offer green tax incentives to reduce carbon emissions, according to the manufacturers' organisation EEF. In a new report titled ‘The Low Carbon Economy – From Stick to Carrot’, EEF reviews the carbon tax changes announced …

Accelerating low-carbon development in the world’s cities

New research from the New Climate Economy finds that investing in public and low emission transport, building efficiency, and waste management in cities could generate savings with a current value of US$17 trillion by 2050. These low-carbon investments could also reduce greenhouse gas emissions by 3.7 Gt CO2e per year …

Better growth, better cities: rethinking and redirecting urbanisation in Africa

This report documents a wide range of projects, programmes and plans currently being pursued by African cities as part of a new mode of low-carbon urbanism that is simultaneously helping to realise virtuous cycles of local economic development and social inclusion, as well as climate risk reduction. The emerging evidence …

UK to fund Kolkata’s climate action plan; road map soon

The United Kingdom will fund a capacity building programme for making Kolkata a low carbon city. Ahead of implementation of the UK-Kolkata Municipal Corporation joint programme, the UK Minister of State for International Development Desmond Swayne was present a workshop for sensitising Councillors of the city’s 16 boroughs. The Minister …

Three New Tools to Aid Indian Companies Advance Climate Action

India Greenhouse Gas (GHG) Program launched a series of three new, India specific tools and methodologies for companies to effectively measure, manage and mitigate their greenhouse gas (GHG) emissions at the India Business and Climate Summit 2015. Air, Rail and Road Emission Factors along with the methodology to compute transport …

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