Today’s Environmental News Highlights
(Sr. Journalist, environmentalist& strategic communications expert)
PM Modi gets Champions of the earth award
Prime Minister Modi received UN’s highest environmental honour ‘Champions of the Earth Awards’ along with 5 others for International Solar Alliance. Meanwhile, European Investment bank (EIB) decided to back the ISA, push solar expansion in India.
Bloomberg is UN envoy to raise green finance
Former NY mayor, billionaire Mike Bloomberg is appointed UN special envoy to mobilise private sector to meet $100 billion climate finance target by 2020. Businesses will invest in lucrative renewables, will they fund flood and drought defence, critics ask?
One Planet Summit: Major firms pledge climate action
The second annual climate financing summit “One Planet” opened in NY to “shift 1/3rd of global financing to climate finance”. French and German governments, Hewlett, IKEA, Blackrock were among those pledging finance for the Climate Finance Partnership, to be set up next year.
US coal use for energy falls to 6% in 2018
The US drew 6% less power from coal in first half of 2018. The US coal consumption fell to a 35-year low, declining by 32 billion kilowatt hours, while gas rose by 89 billion, nuclear 16 billion, solar 7 billion and wind by 15 billion kilowatt hours.
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