Online News 11 June
Nominations open for Environmental Finance annual awards
Public sector must lead way on climate finance – China
11 June: Governments from developed countries must lead the way on finance for climate change adaptation, mitigation and technology transfer, said a negotiator for China today at UN climate talks. More…
Jack and Jill vs. the World full
Japan defends 2020 target (from Carbon Finance)
11 June: Japan has defended its 2020 emissions reduction target, announced yesterday, in the face of criticism from the EU and NGOs.
Airlines promise cap on emissions from 2020
Relative Strangers full
11 June: Airlines have committed to a global cap on their carbon emissions in 2020, the International Air Transport Association announced on Monday, but environmentalists slammed the group’s lack of ambition.
Greens gain, but centre-right dominates, in EU elections
11 June: The European Greens have heralded their increase in seats in last week’s European Parliament elections, but with the centre-right parties as the dominant players, it looks unlikely that Europe’s politicians will emerge with a stronger line on climate change in time for the UN’s Copenhagen summit on climate change in December.
Triodos scoops up sustainable bank of year award
11 June: Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation and the Financial Times.
Cox to retire as head of BP’s alternatives
11 June: BP’s head of alternative energy, Vivienne Cox, is to retire from the company after four years of leading the division.
Investors warned on biodiversity risk in key sectors
11 June: Investors have been warned of the “critical risks” to key sectors from biodiversity and ecosystem loss, in a report by the European Sustainable Investment Forum and sustainable ratings agency Oekom Research.
Xstrata reports emissions increase in 2008
11 June: Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity.
IFC lends Tanzania wood and energy project $18m (from Bioenergy Business)
11 June: The International Finance Corporation, part of the World Bank, is to lend Norwegian bioenergy and forestry firm Green Resources $18 million for a $64.3 million project in Tanzania to plant 8,000 hectares of forest for wood and energy.