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Reuters has called for a stronger climate finance plan at the G20 summit at Reuters


Reuters has called for a stronger climate finance plan at the G20 summit at Reuters
By Simon Jessop and Gavin Jones
VENICE (Reuters) – BlackRock (NYSE CEO Larry Fink on Sunday called on governments to develop a stronger long-term climate finance plan to unlock the private capital needed to fund the transition to a low-carbon economy.
Speaking at the G20 International Climate Conference at the G20 meeting of finance ministers, he said that without such a plan, current efforts, including reporting on the sustainability of corporations, risk “only window decoration”.
Fink, the world’s largest asset manager, with assets of about $ 9 trillion, also called for reform of the International Monetary Fund and the World Bank to address the challenge of climate change. ....

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Government pledge to cut carbon emissions should include ban on all fossil fuel extraction


Government pledge to cut carbon emissions should include ban on all fossil fuel extraction
As well as cutting carbon emissions by 78% in the next 15 years, the Government should also ban fossil fuel extraction, including on the Isle of Wight, say the Green Party
The Prime Minister, Boris Johnson, yesterday (Tuesday) announced they would toughen its targets on greenhouse gas emissions for the next 15 years.
The Isle of Wight Green Party cautiously welcome plans to cut carbon emissions by 78% in the next 15 years,  but demand that this policy immediately extends to a national moratorium on all fossil fuel extraction – including stopping oil drilling on the Isle of Wight. ....

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