Drought Forces Zambia to Start Power Cuts
Zambia will start electricity-supply restrictions immediately after one of the worst droughts on record caused plunging water levels at the hydropower dams it relies on for almost all its supplies, the
Bloomberg
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Illegal Logging in East Africa Faces Crackdown Backed by Interpol
Kenya, Tanzania and Uganda have agreed to work together along with INTERPOL, the Food and Agriculture Organization, the United Nations Development Program, the UN Environment Program and the UN Office
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Is Climate a Material Risk? Here’s What Companies Are Really Reporting
How many companies think climate change will have a material impact on their business? Not too many, apparently. Roughly half of the 3,000 biggest publicly traded companies in the U.S. say mum’s the word,
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China Catches Industrial Polluters With Drone Missions
China is turning to aerial drones to monitor pollution, with its biggest mission to date finding illegal emissions by some of the largest industrial companies in the country’s northern provinces. A
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California Grocers Lobby for First State Plastic Bag Ban
California grocers, who may realize as much as $1 billion in new revenue from a 10-cent fee on paper bags, are teaming up with environmentalists in a push to make their state the first to prohibit single-use
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World Bank Approves $15.5 Million Water Financing for Lesotho
The World Bank approved an additional $15.5 million for the second phase of Lesotho’s Water Sector Improvement Project that will improve supply to about 30,000 people. The project will support the Metolong
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Japan Provides $17.6 Million to ADB for Low-Carbon Technology
The Japanese government will provide 1.8 billion yen ($17.6 million) for a new trust fund set up by the Asian Development Bank to promote low-carbon technologies in the region. The fund will provide
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EU Global Warming Damages Are Seen Reaching $259 Billion
Climate damages in the European Union from global warming could rise to at least 190 billion euros ($259 billion) a year in the 2071-2100 period, a study by the 28-nation bloc found. Net welfare loss
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British Columbia Bonds to Test Green Label’s Allure
British Columbia is selling hospital bonds by touting the projects’ environmental credentials in the first test of the green-bond label’s usefulness in winning financing for provincial infrastructure projects.
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Demand for India Renewable Credits Rises to 3-Month High
Demand for Indian renewable-energy credits rose to a three-month high in June as state utilities sought to comply with clean-energy targets after being slapped with fines. There were 139,184 bids to
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Obama Calls Climate-Change Skeptics ‘Fringe’ Element
President Barack Obama derided climate-change skeptics as a “fringe” element as he highlighted his record on the environment and cutting greenhouse gas emissions before a conservation group. Obama yesterday