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Change of heart: Abbott government commits $200m to Green Climate Fund

2014-12-09 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Advertiser: The Abbott government has bowed to international pressure and will commit to a global fund to help developing nations deal with climate change. The government has also revealed the first detail of how it will review Australia's post-2020 emissions reduction targets, with a taskforce to be established in the Department of Prime Minister and Cabinet. In a statement on Wednesday, Prime Minister Tony Abbott and Foreign Minister Julie Bishop said the government would take $200 million from Australia's...

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Australia pledges US$165m to UN Green Climate Fund

2014-12-09 17:07:00| Climate Ark Climate Change & Global Warming Newsfeed

Agen: Australia on Wednesday pledged A$200 million (US$165 million) to the UN-backed Green Climate Fund to mitigate the impact of global warming on poor countries, bowing to international pressure. With its use of coal-fired power and relatively small population of 23 million, Australia is one of the world's worst per capita greenhouse gas polluters and has been increasingly isolated over its perceived reluctance to do more to tackle the climate threat. It follows the world's most powerful economies last...

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China: New climate fund to be 'market-based'

2014-12-09 13:58:00| Climate Ark Climate Change & Global Warming Newsfeed

China Daily: China will draw up management measures for the new South-South fund soon, Xie Zhenhua, head of the Chinese delegation to the United Nations climate change conference in Lima, Peru, said on Tuesday. Xie said the South-South fund will be operated with a "market-based approach" to help developing countries build capacities in coping with climate change. The Chinese government recognizes the existence of climate change and the impact of human activity, Xie said. Xie said China has organized...

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Foresight Solar Fund to acquire 46MWp Landmead solar farm in UK

2014-12-09 01:00:00| Power Technology

UK-based Infrastructure investment manager Foresight Solar Fund has signed a binding contract to purchase 46MWp Landmead solar farm, which is claimed to be the largest solar farm in the country.

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NZ Super Fund makes $60M investment in LanzaTech, bringing total Series D to $112.6M

2014-12-08 19:55:38| Green Car Congress

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