Asking for a climate income to tackle climate change.
The outgoing UN High-Level Climate Action champion, Nigel Topping, has stated that the world could reach Net Zero by the early 2040s, reiterating what other bodies, including Citizens’ Climate International, have been saying. During the two years he was in office he working on encouraging businesses to join the UN Race to Zero initiative which…
The government is consulting on how it delivers its net zero target under the changed circumstances of the current global crisis. This consultation will be more important than previously envisaged since acceptance of the High Court ruling that the net zero strategy is unlawful means the strategy will have to be rewritten! We urgently need…
A Guardian report on the 5th October examines the predictions of a chapter in the current IMF half yearly World Economic Outlook report. It has a chapter titled Near-Term Macroeconomic Impact of Decarbonization Policies. The chapter models the cost of delaying the tackling of climate change until ‘conditions are right’ and current global inflation has…
CCI’s latest newsletter has further reflections on what was achieved at COP26. For the whole statement read Glasgow Pact invites historic race to enhanced climate action. From these statements and recent webinars it is clear that CCI is hugely encouraged by the completion of Article 6 ‘Paris Rulebook’ which will facilitate serious engagement with the…
In a new paper the IMF estimates global subsidies for fossil fuel energy implied by the underpricing of supply and environmental costs at a staggering $5.2 trillion in 2017, or 6.5 percent of world GDP
