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China central bank: country must make $315 b $630 billion green investments per year

2015-10-09 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Chinas central bank deputy governor, Yi Gang, has said that China must make green investments of between 2 and 4 trillion yuan (205bn 410bn) every year for the next five years, with the Chinese government only able to cover 15% of that amount. Yi was speaking on Thursday at the International Monetary Fund meeting in Lima. He added that China will make green finance a top priority when it takes up the G20 chair next year: If we dont have international cooperation, we will find that investment...

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China says must make $315 billion - $630 billion green investments per year

2015-10-09 01:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China must make green investments of between 2 trillion and 4 trillion yuan ($315-630 billion) per year over the next five years, but the government can only cover 15 percent of that, China's central bank deputy governor, Yi Gang, said on Thursday. "Most of the finance has to come from the private sector, so we have to provide a positive incentive mechanism," Yi said on the sidelines of International Monetary Fund meetings in Lima. Earlier this week, China confirmed it would launch a nationwide...

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Climate aid reaching $62 billion placates developing world

2015-10-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Aid for projects designed to help developing nations cut emissions and cope with global warming rose to $62 billion last year, suggesting richer nations are starting to make good on their promises to boost payments to $100 billion by 2020. Payments in the form of support from governments and investment from companies rose by almost a fifth since 2013, according to a report on Wednesday from the Organization for Economic Cooperation and Development and the Climate Policy Initiative. About $10 billion...

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New n-Tech Research Report: Market for Self-Cleaning Materials Will Reach US $3.3 Billion by 2020

2015-10-08 07:00:00| Coatings World Breaking News

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SABMiller rejects A-B InBev's $104 billion bid

2015-10-08 03:32:21| Beverages - Topix.net

Accused killer Tristan Wolusky insisted that he's not a murderer when he took the stand Wednesday to testify in his own defense at his first-degree murder trial in the death of Madbury teenager... The Astros, who improved their Division I record to 11-0 with a 2-1 home victory against 4-8 Spaulding Monday, have moved up to 22nd in the USA Today ... (more)

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