Why BlackRock’s Larry Fink warns climate change is on the edge of reshaping finance

Market Watch

January 14, 2020
Sustainable investments that take into account climate change will deliver better returns, says BlackRock founder Larry Fink in his annual letter to chief executives.

The boss of the world’s largest fund manager warned: “In the near future—and sooner than most anticipate—there will be a significant reallocation of capital.”

“I believe we are on the edge of a fundamental reshaping of finance.”

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Conservationists find new partners to bring back nature: businesses

The Hill

January 14, 2020
In Portugal’s Greater Côa Valley, a transformation is underway. Once degraded and overgrown, thousands of hectares of this remote ecosystem are being restored and rewilded. Plans are afoot to reintroduce wild horses, roe deer and Iberian ibex. This restoration will improve the connection between the Malcata mountain range and the Douro Valley. It is an all-round win for Portuguese wildlife.

But if this grand vision is to be sustainable, it needs to be profitable. The valley has suffered one of the highest rates of land abandonment in Europe, which has contributed to the decline of the landscape — the area became overgrown in the absence of grazing farm animals, and that in turn has harmed biodiversity and increased the risk of wildfire.

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EU to invest 1T euros to battle climate change

The Hill

January 14, 2020
The European Union announced Tuesday that it will invest 1 trillion euros ($1.1 trillion) into combating climate change, The Associated Press reports. 

The EU will invest a fourth of its budget to battle climate change, with other funds coming from the private sector. The plan will fund European Commission President Ursula von der Leyen’s European Green Deal, which strives to make Europe the first carbon-neutral continent in the world by 2050.

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Ocean Warming Is Speeding Up, with Devastating Consequences, Study Shows

InsideClimate News

January 14, 2020
In 25 years, the oceans have absorbed heat equivalent to the energy of 3.6 billion Hiroshima-size atom bomb explosions, the study's lead author said.

The world's oceans are warming at a rapidly increasing pace, new research shows, and the heat is having devastating effects on marine life and intensifying extreme weather. Last year, the oceans were warmer than any time since measurements began over 60 years ago, according to a study published Monday in the journal Advances in Atmospheric Sciences.

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UN Proposes Protecting 30% of Earth to Slow Extinctions and Climate Change

InsideClimate News

January 14, 2020
A new United Nations proposal calls for national parks, marine sanctuaries and other protected areas to cover nearly one-third or more of the planet by 2030 as part of an effort to stop a sixth mass extinction and slow global warming. The UN Convention on Biological Diversity released the proposed targets on Monday in a first draft of what is expected to become an update to the global treaty on biodiversity later this year.

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Update to biodiversity treaty proposes protecting at least 30% of Earth

Mongabay

January 13, 2020
A proposed update to the global treaty governing plant and animal life on Earth calls for nearly a third of the planet to be designated as protected by 2030. That proposal will go before the summit of the Convention on Biological Diversity (CBD) in China this October, where governments will hash out a framework for biodiversity protection over the coming decade and determine the fates of myriad endangered species.

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The UN Convention on Biological Diversity proposes the protection of 30% of the planet by 2030

La Vanguardia

January 13, 2020
The Convention of the United Nations Organization (UN) on Biological Diversity presented this Monday the 'Zero Draft' (draft zero). This document represents the text proposal for a post-2020 global biodiversity framework, which indicates that the objective is to protect at least 30 percent of the planet, both land and sea, by 2030, according to Campaign For Nature reports The text is based on a strategy for the next ten years with the aim of stopping and reversing the decline of species and thus being able to restore the services of ecosystems critical for the survival of humanity . According to Campaign For Nature, the final document will be presented at the 15th Conference of the Parties in October 2020 in Kunming, China.

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UN Biodiversity Plan Calls For Protecting 30% Of Earth By 2030

HuffPost

January 13, 2020
To reverse the rapid loss of species around the globe, world governments should protect nearly one-third of all lands and oceans and slash major sources of pollution by the end of the decade, according to a new United Nations proposal. 

The draft plan, released Monday by the U.N. Convention on Biological Diversity, outlines a path for combating the biodiversity crisis that many scientists say is the start of Earth’s sixth mass extinction. 

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UN publishes draft proposals to reach 2030 biodiversity goals

Energy Live News

January 13, 2020
The UN has published a series of draft proposals to reach outlined 2030 biodiversity goals, which include protecting nearly a third of the world’s oceans and land by 2030.

That’s according to the UN Convention on Biological Diversity, which has set out how it believes nations should work towards the deadline for the conservation and restoration of global ecosystems and wildlife in order to protect humanity.

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First proposals for a global plan for biodiversity 2030

La Croix

January 13, 2020
The Convention on Biological Biodiversity (CBD) proposes to protect at least 30% of the planet by 2030 to combat accelerated degradation of nature, according to the first version of a text released on Monday.

The 15th meeting of the UN Convention on Biological Diversity (COP15) will be held in Kunming, China, in October. This meeting, considered crucial, must define a roadmap for the 200 members of the CBD to better protect ecosystems during the decade.

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Oceans are warming at the same rate as if five Hiroshima bombs were dropped in every second

CNN

January 13, 2020
The world's oceans are now heating at the same rate as if five Hiroshima atomic bombs were dropped into the water every second, scientists have said.

A new study released on Monday showed that 2019 was yet another year of record-setting ocean warming, with water temperatures reaching the highest temperature ever recorded.

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UN outlines 2030 goals to save planet’s biodiversity

Climate Change News

January 13, 2020
At least 30% of the world’s land and seas should be protected in the next decade to prevent the destruction of the planet’s biodiversity.

That is one of the proposals by the UN Convention on Biological Diversity (CBD) for a global framework to protect the Earth’s plant and wildlife.

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UN outlines 2030 goals to save planet’s biodiversity

Climate Home News

January 13, 2020
At least 30% of the world’s land and seas should be protected in the next decade to prevent the destruction of the planet’s biodiversity.

That is one of the proposals by the UN Convention on Biological Diversity (CBD) for a global framework to protect the Earth’s plant and wildlife.

The draft text published by the CBD on Monday outlines a 10-year strategy to halt the decline and extinction of species and allow ecosystems to recover by 2050.

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UN draft plan sets 2030 target to protect at least 30% of the planet

Oceanographic

January 13, 2020
The United Nations Convention on Biological Diversity has released a ‘zero draft’ proposal for a post-2020 global biodiversity framework. The text outlines a target to protect at least 30% of the planet by 2030. The proposed framework applies a “theory of change” approach, a strategic planning framework used to help plan, implement and evaluate the impacts of the actions taken.

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Protecting 30% of our Planet by 2030

Our Daily Planet

January 13, 2020
Today, the United Nations Convention on Biological Diversity released its ‘zero draft’ text proposal for a post-2020 global biodiversity framework. Outlined in the text is critical goal of protecting at least 30% of the planet for nature–land and sea–by 2030, otherwise known as 30 by 30.

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