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Interest Grows In Funding Nature-Based Climate Solutions - Vimarsana News

Interest Grows In Funding Nature-Based Climate Solutions

Interest Grows In Funding Nature-Based Climate Solutions Submitted by on 25 January 2021 What’s happening? French President Emmanuel Macron and UK Prime Minister Boris Johnson will invest part of their countries' climate finance in nature-based projects and have urged other nations to follow suit. Macron, during the recent One Planet Summit, pledged 30% of France's climate funding by 2030, while Johnson offered £3bn ($4bn) of the UK's £11.6bn global financing commitment by 2025. Natural solutions reversing biodiversity loss can meet as much as 37% of the emissions ...

Trump Offered Up The Arctic, But Oil Firms Didn't Want It - Vimarsana News

Trump Offered Up The Arctic, But Oil Firms Didn't Want It

Trump Offered Up The Arctic, But Oil Firms Didn't Want It Submitted by on 18 January 2021 What’s happening? The Trump administration’s auction of drilling rights in 1.6 million acres of the Arctic National Wildlife Refuge on 6 January raised just $14.4m dollars, or $27 per acre, with only half of the available acres receiving bids. A 2017 bill had projected the government would earn a billion dollars from the auction, alongside a second sale. Only three companies submitted bids, nearly all of which were won by the Alaska Industrial Development and Export Authority (...