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Insurers' pledge to help developing countries on climate change

2016-06-28 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: When powerful earthquakes rocked New Zealand and Haiti in 2010, each measuring 7.0 magnitude, very different dramas unfolded: New Zealand, though hit hard, was able to start recovering relatively quickly; Haiti, meanwhile, was brought to its knees. One major reason for the difference was the role insurance played in the two island nations recoveries. Whereas most of New Zealands earthquake-related damages were covered by insurance, very few of Haitis were. The lack of insurance for emerging...

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Canada pledges $2.65B to help developing countries tackle climate change

2015-11-28 15:04:00| Climate Ark Climate Change & Global Warming Newsfeed

CTV: Canada will provide $2.65 billion over five years to help developing countries deal with climate change, Prime Minister Justin Trudeau announced Friday at the Commonwealth summit in Malta. The announcement comes ahead of the United Nations climate change summit in Paris, which begins Monday. "Canada is back and ready to play its part in combating climate change and this includes helping the poorest and most vulnerable countries in the world adapt," Trudeau said in a statement. The $2.65-billion...

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Canada: Govt announces $2.65B help developing countries fight climate change

2015-11-27 22:54:00| Climate Ark Climate Change & Global Warming Newsfeed

CBC: Canada today promised $2.65 billion over the next five years to help developing countries fight climate change. The funding was announced on Friday in Malta, where Commonwealth leaders are meeting. "I'm here today not just to say Canada's back, but to show it," Prime Minister Justin Trudeau told the leaders before making the announcement. Under the previous climate deal signed in 2009 in Copenhagen, nations had agreed to commit $100 billion annually in fast-track financing by 2020. The...

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An Increase In Industrial Activities In Developing Countries Will Boost The Global Heat Exchanger Market through 2019: Technavio

2015-03-23 02:28:32| chemicalonline Home Page

As industrial operations in developing countries increase, the Global Heat Exchanger Market is expected to grow at a CAGR of 6.05 percent from 2014-2019, says research firm Technavio. About the Report The latest report from Technavio draws attention to the increase in industrial activities in developing countries like China, India and Brazil, which is driving the growth of the market

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Cancel developing countries debt in exchange for climate change action

2014-09-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: One of the main objectives of this weeks New York climate summit was to mobilise finance to tackle climate change. Slow progress in scaling up finance has been a key bottleneck in negotiating a global climate treaty. The World Bank estimates that adapting to a warmer climate could cost $70bn to $100bn per year by 2050, assuming warming is kept to the target of 2C. However, the real costs could be far higher, as recent analysis shows the world is currently on course for 4C of warming, a level...

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