Maximpact Blog

2050 Climate Adaptation Costs: $500B a Year

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By 2050, the cost of adapting to climate change in developing countries could balloon to $500 billion a year, five times greater than previous estimates, warns a new report from the United Nations Environment Programme.

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Germany Joins Asian Bank for Climate Action

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The Government of Germany and the Asian Development Bank Monday announced their intention to launch an Asia Climate Finance Facility (ACliFF) in 2017. The announcement came on the first day of the ADB’s 49th Annual Meeting, the first ever held in Germany, the bank’s biggest European shareholder.

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Carbon Pricing Gathers Momentum

Carbon Pricing Gathers Momentum

“There is a growing sense of inevitability about putting a price on carbon pollution,” said World Bank Group President Jim Yong Kim on the eve of the April 22 signing ceremony at UN Headquarters of the Paris Climate Agreement.

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One Billion Take Part in Earth Day 2016

One Billion Take Part in Earth Day 2016

As Earth Day approaches its 50th anniversary in 2020, the Earth Day Network has set five major goals. Planting trees is the first; this year volunteers plan to plant 7.8 billion trees. Valuable as it is, tree planting is not the only global push planned for Earth Day.

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Jury Still Out on Carbon Capture & Storage

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Since the Paris Climate Agreement was reached in December, preventing the greenhouse gas carbon dioxide (CO2) from entering the atmosphere has become a top priority for many governments, utilities and private individuals who believe climate change to be the major problem of this generation.

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Cities Show Strong Climate Leadership in Paris

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Cities consume roughly 80 percent of the world’s energy production and spew out 70 percent of global energy-related greenhouse gas emissions. So, while cities are big contributors to climate change, at the same time they offer great potential for emission reductions.

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Green Grow the Climate Awareness Bonds

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The European Investment Bank is the first issuer to link its individual green bonds to the projects they finance for the sake of transparency and accountability ahead of the Paris climate talks.

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