Edition for 09 April 2020

Top Stories

Airlines lobby to rewrite carbon deal in light of coronavirus (Guardian)

  • Industry says it is not trying to dodge obligations but that it is a ‘matter of survival’.
  • Airlines are lobbying to rewrite the rules of a global agreement designed to tackle aviation emissions, with the coronavirus outbreak expected to make its targets tougher to meet.
  • The International Air Transport Association (Iata) has called on the International Civil Aviation Organisation (ICAO) to amend the carbon offsetting and reduction scheme for international aviation (Corsia), or risk airlines pulling out.
  • Under the system, airlines have to pay to offset any growth in carbon emissions above a baseline set by the average emissions of 2019 and 2020.

Time to move beyond business-as-usual in Asia: 3 recommendations for the private sector (World Bank)

  • This underlines an important point: even before the COVID-19 crisis, we’ve been living in the climate emergency decade, while continuing to walk on a business-as-usual path.
  • Over half of the world’s greenhouse gas (GHG) emissions come from Asia, making the region particularly vulnerable to climate risks.
  • Over the last 50 years, Asia lost more than $1.5 trillion due to climate-induced natural disasters.

COVID-19 Provides Lessons on Climate Adaptation for Cities (Earth Institute)

  • COVID-19 and climate change are both urgent crises, and plenty has been written already about the similarities between the two, with much more sure to come as lessons from the pandemic emerge.
  • I hesitate to draw early conclusions about the connection between global emissions, climate impacts and our current pandemic conditions.
  • However, this is a moment of opportunity to marry the best of city climate policy and virus response.

Southeast Asia’s renewable energy transition likely to take hit from COVID-19: Experts (Channel News Asia)

  • Southeast Asian nations already struggling to meet climate change targets will find those goals further from reach, with the unprecedented health emergency becoming the principal priority and a major economic burden.
  • An analysis by Climate Action Tracker, an independent consortium that tracks government action on climate, claims that the efforts by Indonesia and Singapore are “highly insufficient” to prevent global warming by more than two degrees.
  • That is despite global carbon outputs potentially dropping by 5 per cent year-on-year, the most significant decline since World War 2, according to an analysis by the Global Carbon Project.

Time to Protect Clean Energy by Ending PG&E’s Bankruptcy (NRDC)

  • Otherwise, important clean energy programs vital to meeting California’s climate goals will be at risk, and uncertainties regarding wildfire victims’ compensation will increase at what may well be the worst possible time.
  • The amended reorganization proposal endorsed by Governor Newsom on March 20 significantly strengthens the utility’s clean energy and climate commitments and adds further improvements.
  • Under California law, PG&E’s proposal must be “consistent with the state’s climate goals.” We believe it is, and NRDC has submitted testimony supporting the plan’s clean energy provisions to the California Public Utilities Commission (CPUC).

This is likely the last generation to see the Great Barrier Reef as humans have known it (Quartz)

  • A rapidly warming climate has sent wave after wave of hot waters washing over the 3,000 individual coral reefs that make up the massive living structure, which stretches over 2,300 km (1,429 miles).
  • “Climate change remains the single greatest challenge to the Reef,” states Australia’s marine park agency.
  • She spoke with Quartz twice over the past year to detail what today’s corals portend about the climate, and the significance of bleaching on the world’s largest coral system.

The Climate Sentinel is an AI-powered news assistant for ESG investors and those concerned about climate change, corporate social responsibility, and related topics. Learn more.

Subscribe

Receive email updates on new features, news, and our technology.