A carbon border tax can curb climate change

As global growth picks up after the economic crisis, carbon emissions are going back up too. With China and India back on track to double their gross domestic product every decade, and with coal providing nearly 30 per cent of global energy, the chances of stabilising and reducing emissions are low. Indeed, little progress has [...]

Diverse water sources key to food security

Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage. In a report by the International Water Management Institute (IWMI), experts said Africa and Asia were likely to be hardest hit by unpredictable rainfall, and [...]

Green Fund for climate deal

Perhaps it’s time for wealthier Asian nations to create a Green Fund specifically to help poor countries in the region fight global warming as well… Almost 50 nations made progress on Friday toward a “Green Fund” to help poor countries fight global warming but hosts Mexico and Switzerland said a full U.N. climate treaty was [...]

ADB to issue bond to finance clean energy projects

The Asian Development Bank said Wednesday it plans to issue its first clean energy bond to raise funds for renewable energy projects in Asia. via ADB to issue bond to finance clean energy projects – BusinessWeek.

Golden Agri refutes Greenpeace’s claims of harming the environment

It says contrary to Greenpeace’s claims, there are no orang utan habitats in SMART’s concession area in P-T Bangun Nusa Mandiri. SMART also reiterates that before developing land, it conducts the necessary environmental assessments. With regard to concession areas in the Papua province, SMART says it only manages a total of about 13,000 hectares, not [...]

If you can’t beat them, buy them out

“Green” investment funds typically aim to avoid investing in polluters, but a new fund aims to attack the enemy from within. An investment vehicle claimed to be “the world’s first climate change advocacy fund” is being launched on Thursday. Australian Ethical Investments already offers a range of funds, but so far it has followed the [...]

Britain needs $15 billion green bank

What about an Asian green bank? Even more far fetched? A “green bank” funded by new consumer levies; the sale of emissions permits to industry; and institutional and retail interest in new investment products will help plug the gap, according to the Green Investment Bank Commission. Read more at Reuters.