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U.N. chief aims to build defenses of poor against climate change
2015-12-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: U.N. Secretary-General Ban Ki-moon warned that climate-related disasters are taking an ever greater toll on the poor and can wipe out decades of development gains, as he launched a global partnership to boost the resilience of vulnerable communities. The impacts of climate change - from intensifying droughts and floods to sea-level rise - are strengthening, as ecosystems and food and water supplies come under increasing pressure, he said. Economic losses from disasters have increased by more...
Carbon prices - work in progress, not panacea, for rich & poor
2015-11-27 18:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: It was supposed to be the way the market would cut greenhouse gases by itself: governments selling companies permits-to-pollute, which they could trade among themselves. Over time, the number of permits would be reduced, and the cost to companies of failing to cut emissions would rise. Yet, 10 years after the EU launched the world's biggest carbon trading scheme, the effectiveness of the concept is in question and climate activists are disenchanted or hostile. While there is still support for...
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AirAsia shares slide on poor earnings
2015-11-27 03:24:25| BBC News | Business | UK Edition
Shares in Asia's biggest budget airline, AirAsia, fell as much as 7% on Friday after the firm posted a loss in the three months to September.
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Barclays fined for poor client checks
2015-11-26 10:57:20| BBC News | Business | UK Edition
Banking giant Barclays has been fined 72m for failing to conduct proper checks on very rich clients because it did not want to inconvenience them.
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Europe's leaders must devise a global trading system that puts the poor first
2015-11-20 13:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Last week, the EU made public its initial proposal for legal text on trade and sustainable development in the Transatlantic Trade and Investment Partnership (TTIP). The EU has a longstanding commitment to policy coherence for development, making sure its trade and other policies dont have a negative impact on international development goals. Yet the EUs proposal for TTIP says virtually nothing about ensuring that the worlds biggest trade deal does not have a negative impact on developing countries....
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