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Obama's $3bn for climate fund could kickstart action on global warming
2014-11-14 22:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Barack Obamas handshake deal with China and $3bn pledge for climate finance could break down the wall between rich and poor countries that has blocked action on global warming for 20 years, observers of the negotiations said. The White House announced the $3bn pledge on Friday, putting climate change firmly on the agenda of the G20 summit in Brisbane and injecting momentum into United Nations talks ahead of a key meeting in Lima this month. The $3bn is the most pledged by any country to date...
Tags: action
global
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warming
Obama, in latest climate move, pledge $3 billion for global fund
2014-11-14 17:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: President Barack Obama will announce a $3 billion U.S. contribution to an international fund to help poor countries cope with the effects of climate change, an administration official said on Friday. The large size of the contribution took climate policy watchers by surprise and doubles what other countries had previously pledged ahead of a Nov. 20 deadline. It would be the second major move on climate change taken by Obama after big Democratic losses in last week's midterm elections. Obama...
Qihoo 360 planning USD 60 mln investment fund
2014-11-14 09:29:00| Telecompaper Headlines
(Telecompaper) Chinese internet company Qihoo 360 is planning to create an USD 60 million investment fund for global, early-stage Internet-of-Things (IoT) companies, the Wall Street Journal, citing a presentation shown by a company representative during a visit in Israel. The 360 Capital-IoT Fund will focus on investments in China, the US and Israel. During the recent visit to Israel, a representative of Qihoo met with different Israeli startups, including ones developing technology for wearable computing and connected homes, according to a person familiar with the company's activities. The company decline to provide any comments.
Tags: planning
investment
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Obama unveils USD 3 billion contribution to UN climate fund
2014-11-14 06:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Jagran Post: "It is in our national interest to helping vulnerable countries to build resilience to climate change," the administration official said as Obama headed to a G20 summit in Australia. Obama was en route to Brisbane after visiting Myanmar and China, where on Wednesday he and President Xi Jinping announced ambitious targets on greenhouse gas emissions as part of a pact designed to breathe new life into attempts to replace the international Kyoto treaty. Obama was expected to outline his pledge...
Tags: usd
fund
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billion
Japan to vow up to $1.5bn for UN climate fund: report
2014-11-14 03:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Japan plans to give up to $1.5 billion to the UN-backed Green Climate Fund (GCF) to help developing countries fight global warming, a report said Friday. Prime Minister Shinzo Abe is expected to announce the pledge at a gathering of the leaders of the Group of 20 rich nations in Brisbane, Australia, Kyodo News agency reported, citing sources close to the matter. The cash will come on top of a reported $2.5 billion that Washington is stumping up for the GCF, a mechanism designed as a way for wealthy...
Tags: report
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