Norway Finance Ministry Bans Investments in WTK and Ta Ann due to “Unacceptable Risks”
October 21, 2013 | Climate Advisers | Forests & Lands
Today, Norway’s Ministry of Finance banned Norway’s Government Pension Fund – Global from investing in two companies in the global logging and palm oil sectors because each pose an “unacceptable risk that the company is responsible for severe environmental damage”: WTK Berhad Holdings and Ta Ann Berhad. Both companies have significant operations in Malaysia’s Sarawak [&hellip
Europe Says Its Own Biofuels Policies Increase Food Costs 50%, Drive Deforestation
September 10, 2013 | Climate Advisers | Energy, Forests & Lands
Two new studies that came out in Europe during the last couple of days show that biofuel mandates are causing consumers far more pocketbook pain – and contributing more to deforestation and climate pollution – than even previous studies suggested
American Competitiveness, Global Trade Rules, and the Carbon Tax
July 31, 2013 | Climate Advisers | Diplomacy, US Policy & Politics
To be environmentally effective, climate policies need to protect against simply shifting pollution from one country to another. To be politically sustainable, climate policies need to create a level playing field for domestic manufacturers and their international competitors. Measures to achieve these goals, such as levies and rebates on imported and exported goods to equalize [&hellip
Bloomberg TV: Who’s Responsible for Singapore Forest Fires?
July 9, 2013 | Climate Advisers | Forests & Lands
Climate Advisers Managing Director Glenn Hurowitz appeared on Bloomberg TV to discuss the role of major traders like Singapore-based Wilmar International in creating a market for palm oil produced through deforestation and peatland burning. Following the appearance, Wilmar CEO Kuok Khoon Hong wrote Hurowitz to announce that the company would not source palm oil from [&hellip
How Europe Can Help Obama Achieve US Climate Goals
July 1, 2013 | Climate Advisers | Forests & Lands
As the global leader of climate action, European governments are eager for information about the likely impact of President Obama’s major climate speech yesterday – and particularly whether the actions outlined yesterday from power plant rules to action on energy efficiency and methane can allow the United States to reach its goal of reducing emissions [&hellip
Breaking the Link Between Commodities and Climate Change
July 1, 2013 | Climate Advisers | Forests & Lands
Breaking the Link between Commodities and Climate Change June 2013 The production of just four agricultural commodities is responsible for over half of global deforestation. Companies across the world have realized the threat that deforestation and climate change pose to their supply chains and business models. A new paper prepared by Climate Advisers for seven [&hellip
Infographic: How Obama’s Climate Action Plan Could Affect U.S. Emissions
June 25, 2013 | Climate Advisers | US Policy & Politics
The Death of ‘Sustainability’
April 26, 2013 | Climate Advisers | Forests & Lands
Can destroying a tropical rainforest be “sustainable”? Well, according to a decision taken yesterday by the Roundtable on Sustainable Palm Oil (RSPO), the major industry-NGO body, this environmental no-no is now officially “green.”
Developed Countries Increasingly Look To The Private Sector For Climate Finance
April 23, 2013 | Climate Advisers | Diplomacy
Policymakers in developed countries are increasingly looking to leverage private sector funds to finance climate action in developing nations, filling the gap left by tight government budgets and a lack of political focus on climate change in the United States and other major emitting countries