Campaign News

LATEST NEWS AND UPDATES ON THE USE WOOD WISELY CAMPAIGN.

$1tn private sector investment supports Paris climate goals - 3 Nov 2017




A global total of one trillion dollars is currently being invested in an effort to reduce the effects of climate change and ameliorate the condition of the environment.

The IFC report, entitled Creating Markets for Climate Business, found that governments were increasingly fostering renewable energy as an alternative to fossil fuels, although they are often mistyping woody biomass as a renewable source of energy and lean on it disproportionately as a way of reaching figures set out in climate agreements.

The new report supports the investment and urges for its continuation, but warns that it's important that it is directed to the right ends so as not to support misleading climate data.

Governments are due to meet in Bonn later this week to discuss the next steps in implementing the pledges they made at the 2015 Paris conference on climate change.

Philippe Le Houérou, chief executive of the IFC, said: “The private sector holds the key to fighting climate change. We can help unlock more private sector investment, but this also requires government reforms as well as innovative business models, which together will create new markets and attract the necessary investment. This can fulfil the promises of Paris.”

 


 

Blog Archive


Environmentalists decry RED revision
25 Oct 2017 - Click for More


Conference looks at woody biomass sustainability issues
16 Oct 2017 - Click for More


Woody biomass criteria lead to unreliable data
16 Oct 2017 - Click for More


New film uncovers lies behind biomass industry
20 Sep 2017 - Click for More


Greenyard Group's move to recycled woody biomass
29 Aug 2017 - Click for More


US states push for high-carbon emitting agenda
29 Aug 2017 - Click for More


Uncertain greenhouse data threatens Paris agreement
17 Aug 2017 - Click for More


Woody biomass certification a 'smokescreen' for unsustainability
28 Jul 2017 - Click for More


Earth Day protests reveal anger at biomass plans
14 Jul 2017 - Click for More


Study faults 'conflicts of interest' within biomass industry
10 Jul 2017 - Click for More


MDF recycling solution no.1 for energy efficiency
5 Jul 2017 - Click for More


Accounting rule loopholes bad news for our forests
20 Jun 2017 - Click for More


Replanting trees doesn't fix climate change, scientists warn
2 Jun 2017 - Click for More


Waste from coffee and poultry provide viable bio-fuel option
2 Jun 2017 - Click for More


Tree-planting has limited affect on climate change, study finds
30 May 2017 - Click for More


More renewable power than ever before, so why are we still using biomass?
25 May 2017 - Click for More


Is bioenergy increasing emissions in Europe?
15 May 2017 - Click for More


MPs slam government’s carbon record
8 May 2017 - Click for More


Biomass deemed ‘carbon neutral’ in US spending bill
8 May 2017 - Click for More


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