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Washington is seeking to protect U.S. manufacturers from low-cost competitors in China, including those it suspects of using forced labor, which Beijing denies. Both countries say they should be able to collaborate on climate change regardless of other disagreements. After Pelosi's August trip to Taiwan, a democratically-governed island that China claims as part of its territory, Beijing said it would halt all dialogue with Washington on climate change. The two countries only resumed informal climate talks in November at the COP27 summit in Egypt. During Yellen's visit last month, she made a public push to get China to participate in the UN-run funds to help poorer nations address climate change.

Persons: Kerry, John Kerry, Xie Zhenhua, David Sandalow, Biden, Antony Blinken, Janet Yellen, Li Shuo, Nancy Pelosi, Pelosi's, Alden Meyer, Yellen's, Fang Li, Valerie Volcovici, David Stanway, John Stonestreet Organizations: Observers, UN, U.S, Center, Global Energy, Greenpeace, Trump, ., Centre for Research, Energy, Clean, Global Energy Monitor, World Resources Institute, Thomson Locations: COP28 WASHINGTON, United States, China, Beijing, Washington, Paris, Taiwan, U.S, Xinjiang, Egypt, Singapore

☆ A New Kind of Disaster Aid: Pay People Cash, Before Disaster Strikes
▼ + stars: | 2023-07-03 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

In the United States, cash assistance to mothers for the first year of their children’s lives strengthened their babies’ brain development. Dozens of American cities have pilot projects to give poor residents no-strings-attached cash. Now comes the additional pressure of extreme weather, both slow and fast, aggravated by the burning of coal, oil and gas. Proponents of cash relief say it’s a more efficient way to use aid money because cash incurs fewer logistical expenses and funnels money directly into the local economy. “Cash transfers help families survive climate disasters,” said Miriam Laker-Oketta, research director for GiveDirectly, an aid group that does just that.

Persons: Cash, ”, Miriam Laker, “, Wanjira Mathai, Hurricane Julia Organizations: ”, World Resources Institute, International Federation of Red Locations: United States, Guatemala, Honduras

☆ U.S. Companies Face EU Deforestation Rules on Coffee, Wood and Other Everyday Goods
▼ + stars: | 2023-06-29 | by ( Dieter Holger | ) www.wsj.com time to read: +6 min

The nonprofit estimates at least 37 big U.S.-based companies, including Starbucks and Kellogg, will be covered by the new rules. Trees absorb carbon dioxide, and forest loss and damage has caused around 10% of global warming, according to nonprofit World Wildlife Fund. The EU rules apply to companies meeting the bloc’s broad definition of an “operator,” which includes a business importing into the EU, exporting from it, or putting products on the bloc’s market. The EU rules are expected to become stricter over time. Sen. Brian Schatz, a Hawaii Democrat who is spearheading the effort, said the U.S. needs to follow the EU in enacting deforestation regulations on trade.

Persons: haven’t, “, Starling, —, Kellogg, ” Frans Timmermans, Guillaume Croisant, Sen, Brian Schatz, ”, Dieter Holger Organizations: European Union, EU, Global, Starbucks, Kellogg, Labs, Airbus, Companies, World Resources Institute, Consumer Goods, New, World Wildlife Fund, Cargill, Bunge, Sustainable Business, Barclays, Hawaii Democrat, dieter.holger Locations: European, Brazil, Indonesia, Malaysia, New York, Brussels, Linklaters, U.S, Hawaii, Europe

☆ Farm boom, fires make Bolivia No. 3 in world for forest loss
▼ + stars: | 2023-06-28 | by ( Lucinda Elliott | ) www.reuters.com time to read: +3 min

[1/2] A burnt forest is pictured at the Guarani Nation Ecological Conservation Area Nembi Guasu in the Charagua region, an area where wildfires have destroyed hectares of forest, Charagua, Bolivia, August 23, 2019. REUTERS/David Mercado/FILE PHOTOMONTEVIDEO, June 28 (Reuters) - Forest loss in Bolivia accelerated by about a third last year with clearances in the country trailing only giant neighbor Brazil and the Democratic Republic of Congo, a forest monitoring project report shows, blaming farm expansion and fires. The South American country lost nearly around 3,860 square kilometers (1,490 square miles) of primary forest in 2022, according to Global Forest Watch, an area nearly the size of Rhode Island. Fires, some linked to land clearances, have also played a big part in forest loss in recent years, the Global Forest Watch report said. In a report on Monday Global Forest Watch, backed by the nonprofit World Resources Institute and drawing on forest data collected by the University of Maryland, said the world lost an area of old-growth tropical rainforest the size of Switzerland last year.

Persons: David Mercado, Marlene Quintanilla, Daniel Larrea, Lucinda Elliott, Adam Jourdan, David Gregorio Our Organizations: Ecological Conservation, REUTERS, Democratic, Global Forest Watch, Nature Foundation, Global, Watch, Monday Global Forest Watch, World Resources Institute, University of Maryland, Thomson Locations: Guarani, Charagua, Bolivia, MONTEVIDEO, Brazil, Democratic Republic of Congo, Rhode Island, Santa Cruz, Beni, Bolivian, Switzerland

☆ Rainforest destruction soared in 2022 despite global pledges to halt deforestation, new report finds
▼ + stars: | 2023-06-27 | by ( Caolán Magee | ) edition.cnn.com time to read: +4 min

CNN —The destruction of the world’s rainforests ramped up last year, despite global pledges to end deforestation by 2030, according to a new report. The country’s rate of forest loss rose 15% from 2021 to 2022. Bolivia saw a record-high level of primary forest loss last year, with a 32% increase compared to 2021. It came in third behind only Brazil and the Democratic Republic of the Congo for area of primary forest loss, the report found. Despite the global increase in deforestation, there has been a sharp reduction in forest loss in Indonesia and loss levels in Malaysia have remained low, according to the report.

Persons: Luiz Inacio Lula da Silva, Gustavo Moreno, Jair Bolsonaro’s, Luiz Inácio Lula da Silva, Boris Johnson, Jane Barlow, Rod Taylor, ” Organizations: CNN, World Resources, Watch, University of Maryland, Democratic, UN, WRI’s Locations: Switzerland, Brazil, Democratic Republic of Congo, Ghana, Bolivia, Democratic Republic of, Congo, Glasgow, Indonesia, Malaysia

☆ Tree Loss Increases in Crucial Tropical Forests
▼ + stars: | 2023-06-27 | by ( Manuela Andreoni | ) www.nytimes.com time to read: +1 min

More than a year after countries pledged to end deforestation by 2030, the world is continuing to lose its tropical forests at a fast pace, according to a report issued on Tuesday. It is the first assessment to cover a full year since November 2021, when 145 countries pledged at a global climate summit in Glasgow to halt forest loss by the end of this decade. “We had hoped by now to see a signal in the data that we were turning the corner on forest loss,” Francis Seymour, a senior fellow at the institute’s forest program, said. “We don’t see that signal yet, and in fact we’re headed in the wrong direction.”The report, done in collaboration with the University of Maryland, documented tree loss in the tropics from deforestation, fires and other causes. Last year’s destruction resulted in 2.7 gigatons of carbon dioxide emissions, a significant amount that is roughly equivalent to the annual fossil fuel emissions of India, a country of 1.4 billion.

Persons: “, ” Francis Seymour, we’re Organizations: World Resources Institute, University of Maryland Locations: Glasgow, India

Despite a recent global pledge to reach zero deforestation by 2030, tropical forest loss last year exceeded 2021 levels. Global Forest Watch assessed 'primary forests', which includes mature forests that have not been cleared or regrown in recent history. The Democratic Republic of the Congo and Bolivia suffered the greatest losses of tropical forest after Brazil. The Global Forest Watch analysis found deforestation in 2022 was more than 10,000 sq km (3,900 sq miles) in excess of what would be needed to halt it by 2030. The world lost 10% less forest in 2022 than 2021, as fewer big fires burned in the Russian boreal forest, though the country still lost 43,000 sq km (16,600 sq miles) of tree cover last year.

Persons: Jair, Francis Seymour, Rod Taylor, Gloria Dickie, Clarence Fernandez Organizations: Global Forest Watch, World Resources Institute, University of Maryland, Watch, Democratic, Thomson Locations: Switzerland, Brazilian, Brazil, Indonesia, Malaysia, Democratic Republic of, Congo, Bolivia

☆ Singapore has pledged billions to fight climate change. Experts say it's not enough
▼ + stars: | 2023-06-21 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +5 min

Bloomberg | Bloomberg | Getty ImagesSingapore, a tiny city-state with an import-dependent economy, is especially vulnerable to rising sea levels, heat waves and other adverse effects of climate change. Around the globe, financing for climate adaptation has traditionally lagged behind mitigation investments that are focused on slowing or stopping the rise in fossil fuel emissions. Singapore's climate challengesIn 2019, Singapore prime minister Lee Hsien Loong said climate change was a matter of "life and death" for the city-state. An initiative of London's Imperial College and Singapore Management University, SGFC was launched in 2020 to advance climate financing solutions. In 2020, Vena Energy became the first Singapore-based company to issue green bonds in U.S. dollars with a $325 million five-year green bond aimed at refinancing existing corporate loans for green projects.

Persons: Xinying Tok, Lee Hsien Loong, Grace Fu, Emirhan Ilhan, SGFC, issuances, Vena Organizations: Bloomberg, Getty Images, Singapore, Carbon Trust, National University of Singapore Business School, Green Finance Institute, City State, Singapore Green Finance, London's Imperial College, Singapore Management University, Monetary Authority of, Insurance, Vena Energy, Resources Locations: Getty Images Singapore, Singapore, Southeast Asia, City, Monetary Authority of Singapore

☆ How Africa Can Help the World
▼ + stars: | 2023-06-16 | by ( Somini Sengupta | ) www.nytimes.com time to read: +1 min

Next week in Paris, a critical diplomatic meeting begins on how to enable low-income, climate-vulnerable countries to grow their economies while reducing their dependence on fossil fuels. It reminds me of my recent conversation with Wanjira Mathai, managing director for Africa and global partnerships at the World Resources Institute, and Rebekah Shirley, the Africa deputy director. “Can Africa leapfrog?” I asked them. We spoke for two hours over lunch on the terrace of a restaurant in Nairobi as marabou storks squawked and flew across the sky. Our conversation made me think in fresh ways, which is what I hope Climate Forward occasionally does for you.

Persons: Wanjira Mathai, Rebekah Shirley, “, ” Organizations: World Resources Institute Locations: Paris, Africa, Nairobi

☆ Cash and carbon cuts stall UN climate talks — setting the stage for a 'huge fight' at COP28
▼ + stars: | 2023-06-16 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) looks on during the opening session at the UNFCCC SB58 Bonn Climate Change Conference on June 05, 2023 in Bonn, Germany. The Bonn Climate Change Conference, which wrapped late Thursday, is designed to prepare decisions for adoption at the COP28 summit in the United Arab Emirates later this year. For many at the two-week-long event, the lack of progress on issues such as climate finance and the pace of cuts in carbon pollution left a lot to be desired. The UAE, the third-largest oil-producing member of the Organization of the Petroleum Exporting Countries, will host the COP28 summit from Nov. 30 to Dec. 12. WRI's Waskow said that, while the thorny issue of climate finance was not on the official agenda, "it clearly cast a shadow over the negotiations."

Persons: Simon Stiell, David Waskow, Waskow, WRI's Waskow Organizations: United Nations, Change, United Arab, World Resources Institute, Organization of, Petroleum Locations: Bonn, Germany, United Arab Emirates, UAE, Paris, Dubai

☆ Carbon Accounting Changes Could Lift Corporate Greenhouse-Gas Emissions
▼ + stars: | 2023-05-18 | by ( Dieter Holger | ) www.wsj.com time to read: +5 min

Changes to emissions accounting rules are being considered that could significantly increase carbon footprints for companies claiming to use 100% renewable power in their efforts to decarbonize. How companies tally greenhouse-gas emissions from their electricity purchases—so-called Scope 2 emissions—was the most popular issue in a recent consultation on updating widely used GHG Protocol carbon accounting rules. A recent review by carbon management firm FlexiDAO of 22 multinationals that bought renewable electricity across 27 countries found that they could be underestimating their electricity emissions by close to 50% under the current system. The GHG Protocol secretariat is reviewing the more than 1,400 survey responses, around 400 of which mentioned Scope 2. Other areas of focus were emissions in the value chain, or so-called Scope 3 emissions, market-based accounting approaches, and corporate accounting and reporting standards.

☆ The steps that could help address biodiversity loss could also help fix the climate crisis
▼ + stars: | 2023-04-24 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Biodiversity loss doesn't always get as much attention as the climate but the crises are linked. The animal, named Sudan, was the last male northern white rhino. The loss of biodiversity doesn't always get as much attention as the climate crisis but the two challenges are linked. "Anybody who's working with these issues — biodiversity, climate change, and the underlying drivers of it — realize the interconnectedness of it," Chomba said. Nachmany said some parts of the financial world are recognizing that biodiversity loss and the climate crisis are two parts of the same problem.

☆ Viral fast-food hacks, like the Chipotle 'fajita quesadilla,' prove American appetites haven't caught up to the climate crisis
▼ + stars: | 2023-04-03 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +12 min

The TikTok creator, known for reviewing fast-food staples, posted last summer about leveling up Chipotle's steak quesadilla with fajita veggies. Nathan Llorin, another popular TikToker, told Insider that it wasn't until he started eating and reviewing fast food that his videos took off. A climate message for menusIn January, research showed that labeling fast-food menus with their climate impacts swayed people away from red meat. But about 10% of customers now choose a meatless option, including Sofritas, the chain's plant-based mainstay made from tofu. Frost, the TikToker, told Insider that of all the things viewers attack her for on the platform, the environmental impact of fast food isn't among them.

☆ Water’s big moment risks getting lost in the weeds
▼ + stars: | 2023-03-20 | by ( Antony Currie | ) www.reuters.com time to read: +6 min

The latest is research published last Thursday by the Global Commission on the Economics of Water. The sum, though, is just $140 million, and the U.S. government’s International Development Finance Corporation is pouring in three-quarter of the proceeds. But there is a decent investment case for water without state or supranational support. Without them, water’s big moment risks getting lost in the weeds. Follow @AntonyMCurrie on TwitterCONTEXT NEWSThe United Nations 2023 Water Conference starts on March 22, World Water Day, in New York.

☆ SIGN UP NOW — For a Better Future: Bridging Culture, Business, and Climate
▼ + stars: | 2023-03-17 | by ( Business Insider | ) www.businessinsider.com time to read: +2 min

Today's business leaders are embracing circularity to better engage in sustainability and climate action. Leaders in climate justice advocacy, business, and fashion will discuss the future of sustainable practices inside and outside the business world. On April 18, 2023, Insider is hosting "For a Better Future: Bridging Culture, Business, and Climate," a free virtual event at noon ET featuring speakers from Deloitte and Junk Kouture. Insider's virtual event, "For a Better Future: Bridging Culture, Business, and Climate," presented by Deloitte, takes place on Tuesday, April 18, 2023, at noon ET. This multi-session virtual conference will focus on how empowerment and circularity inspire climate action beyond the world of business.

☆ Oil and gas companies are investing billions to make energy from waste but some climate groups call it greenwashing
▼ + stars: | 2023-03-02 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Canadian gas company Enbridge pledged up to $1 billion to a US firm turning food waste into energy. Oil and gas companies see a green opportunity from food waste like rotting spinach but some climate advocates say it's more like greenwashing. The company's software tracks retailers' food waste and Divert then recovers what can be donated to food banks. The plan is to build 30 plants, enough to manage 5% of US food waste; Divert now handles about a half percent. Making gas from waste can avoid greenhouse gas emissions that seep out of landfills.

☆ A guide to climate buzzwords and what they say about corporate promises
▼ + stars: | 2023-02-19 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

Thousands of companies with climate goals use confusing jargon like "carbon neutral" and "net zero." Corporate climate pledges are rife with terms like "carbon neutral," "net zero," and "carbon negative," leading to confusion among consumers and investors, among others, about what it all means. Some companies, including ExxonMobil, also have net-zero goals that only cover direct operations. Why 'carbon neutral' can be misleadingThe UN's concerns about carbon offsets are why claims of an organization or product being "carbon neutral" can also be worrisome. "I think there is rightfully some skepticism around climate neutral," Fischweicher said.

☆ Travel companies are ‘greenwashing’ — here are 3 ways to find ones that aren't
▼ + stars: | 2023-01-29 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

But finding companies that are serious about sustainability isn't easy, said James Thornton, CEO of tour company Intrepid Travel. "You see hotels saying they're sustainable, and then you're using these little travel bottles for shampoos and shower gels," he said. "The honest truth is that every travel company is ultimately contributing towards the climate crisis," he said. "So the best thing any travel company can start to do is measure the greenhouse gas emissions it creates." Other companies with B Corp status include Seventh Generation, Ben & Jerry's, Aesop — and Patagonia, which Thornton called "arguably the most famous B Corp in the world."

☆ Banks will pump H2O to top of climate agenda
▼ + stars: | 2023-01-04 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

That’s when the United Nations’ first water confab in almost five decades starts in New York. Achieving that globally requires spending $1 trillion a year on the sustainable provision of drinking water and sanitation, and preparing for floods, scarcity and pollution, per the World Resources Institute. And 90% of climate change’s effects manifest through water, as recent floods and scarcity demonstrate. Knowing when to turn off the funding tap is important, too, just as many banks won’t back Arctic drilling or new coal mines. With some financial groups distancing themselves from umbrella climate change bodies, it’s a challenging time to make this case.

☆ Electric school buses are giving kids a cleaner, but costlier, ride to class
▼ + stars: | 2022-12-10 | by ( John Rosevear | ) www.cnbc.com time to read: +6 min

Right now, only a tiny fraction of the roughly 480,000 school buses in America are battery-powered. Greener pasturesEnvironmental activists have been working for years to try to replace diesel and gasoline school buses with new electric models. Gander leads the World Resources Institute's Electric School Bus Initiative, a project funded in part by the Bezos Earth Fund established by Amazon's founder, Jeff Bezos. The initiative works with school officials, utility companies and ESB manufacturers to try to accelerate the adoption of zero-emission school buses. A Thomas Built electric school bus in Beverly, Massachusetts.

☆ Historic compensation fund approved at U.N. climate talks
▼ + stars: | 2022-11-20 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

The decision establishes a fund for what negotiators call loss and damage. Early Sunday morning, delegates approved the compensation fund but had not dealt with the contentious issues of an overall temperature goal, emissions cutting and the desire to target all fossil fuels for phase down. This year’s talks “were very focused on the fund and less on the mitigation (cutting emissions) part,” Eide added. However, that fight was overshadowed by the historic compensation fund. But like all climate financials, it is one thing to create a fund, it’s another to get money flowing in and out, she said.

☆ What are people saying about the COP27 deal?
▼ + stars: | 2022-11-20 | by ( ) www.reuters.com time to read: +3 min

"I urge you to acknowledge when you walk out of this room, that we have all fallen short in actions to avoid and minimise loss and damage. "Too many parties are not ready to make more progress today in the fight against climate crisis." PAKISTAN CLIMATE CHANGE MINISTER SHERRY REHMAN"We have struggled for 30 year on this path and today in Sharm el-Sheikh this journey has achieved its first positive milestone ... MALDIVES CLIMATE CHANGE MINISTER AMINATH SHAUNA"I recognise the progress we made in COP 27 particularly on...the funding arrangements for loss and damage. And we were able to prevent a backslide behind the consensus of Glasgow and Paris (climate summits).

[1/5] A general view of the entrance to the Sharm El-Sheikh International Convention Centre grounds, during the COP27 climate summit, in Sharm el-Sheikh, Egypt, November 19, 2022. Kunal Satyarthi, a negotiator for India, said he thought the loss and damage deal would "certainly" pass, and thanked other countries for their flexibility. Norway's climate minister, Espen Barth Eide, meanwhile, said his country was happy with the agreement to create a loss and damage fund. But the possible breakthrough on loss and damage was significant, and "I don't think that should be lost in the mix," he said. For daily comprehensive coverage on COP27 in your inbox, sign up for the Reuters Sustainable Switch newsletter here.

☆ Analysis: Climate damage fund trumps 1.5C push as COP27 summit nears end
▼ + stars: | 2022-11-19 | by ( Megan Rowling | ) www.reuters.com time to read: +7 min

The focus on loss and damage certainly reflects that," said David Waskow, director of the international climate initiative at the U.S.-based World Resources Institute. Since COP26, only about 30 countries have strengthened their national plans to cut fossil fuel emissions. FOSSIL FUEL OMISSION? Progress toward reducing fossil fuel use - and the resulting climate-warming emissions - was less clear in the proposed deal. "Unabated" fuels are those whose emissions are not captured in some way to prevent them entering the atmosphere and adding to climate change.

Sharm el-Sheikh, Egypt CNN —Delegates from nearly 200 counties at the COP27 climate summit have agreed to set up a “loss and damage” fund meant to help vulnerable countries cope with climate disasters, in a landmark deal early Sunday morning in Sharm el-Sheikh, Egypt. And in previous public remarks, US Climate Envoy John Kerry had said loss and damage was not the same thing as climate reparations. “This loss and damage fund will be a lifeline for poor families whose houses are destroyed, farmers whose fields are ruined, and islanders forced from their ancestral homes,” World Resources Institute CEO Ani Dasgupta said. Beyond 1.5 degrees, the risk of extreme drought, wildfires, floods and food shortages will increase dramatically, scientists said in the latest UN Intergovernmental Panel on Climate Change (IPCC) report. On Saturday, EU officials threatened to walk out of the meeting if the final agreement failed to endorse the goal to limit warming to 1.5 degrees Celsius above pre-industrial levels.

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