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...Inflows to US money market funds hit a record of nearly $1.19tn in the first 11 months of last year, according to data-tracking company EPFR....
...The embassy added: “The China-UK practical co-operation is a win-win one that brings benefits to both sides, and the two countries should make joint efforts to create conducive environment to it.”...
...Once it is released, CO₂ remains in the atmosphere for hundreds of years, so temperatures are expected to rise for many years to come....
...The UNFCCC, which oversees the co-ordination of global efforts on climate issues, has said it needs €74mn over 2024 and 2025 for its so-called core budget, which is funded by national government contributions...
...Global greenhouse gas emissions continue to rise, setting the world on course for temperature rises of up to 2.9C above pre-industrial levels, far above the 1.5C threshold after which scientists have warned...
...A report by the Climate Policy Initiative think-tank said last year that climate finance must increase at least fivefold, from about $1.3tn in 2021-22, as soon as possible, to avoid the worst effects of...
...Follow This said it would instead refocus its efforts on a resolution it had co-filed with 27 big investors, including Amundi, at Shell’s annual meeting later this year....
...Co-lead author Robert Bingham, professor of glaciology and geophysics at the School of GeoSciences at Edinburgh university, said: “What we are seeing around Antarctica is a sustained attack by climate warming...
...But the important message is pathways being aligned with 1.5C, ensuring 1.5C is within reach. Now, of course, we need to be serious and we need to develop what we’ve got in front of us....
...The 1.5C level is a crucial threshold in the 2015 Paris agreement, in which countries agreed to limit global temperature rises to well below 2C and ideally to 1.5C above pre-industrial levels....
...Shell aims to cut absolute emissions from its own operations — also known as scope 1 and scope 2 emissions — by 50 per cent by 2030....
...But while Engine No. 1 held more than 944,000 shares, Follow This represents shareholders who own 37, according to the latest number reported to Exxon....
...asset managers stepped up their efforts on climate change after a landmark report from scientists in 2018 warned of dire consequences if the world failed to limit the long-term global temperature rise to 1.5C...
...About £1 out of every £200 of the fund is now invested in fossil fuels....
...Florida’s state-backed insurer of last resort, Citizens, stood at 1.2mn policyholders at the end of last year, up from less than 450,000 in early 2020....
...A breach of the long-term 1.5C limit is increasingly likely, she added. “We are likely to overshoot 1.5C . . ....
...Global greenhouse gas emissions have continued to rise, when they need to be cut by almost half by 2030 to limit the rise in temperatures to no more than 1.5C from pre-industrial levels....
...Investors were very, very excited by all this news and the S&P 500 jumped by 1.4 per cent. We’ll get even more monetary policy news soon....
...The research said food systems could become net carbon sinks by 2040, helping to limit global warming in the process, while protecting an additional 1.4bn hectares of land and reversing biodiversity loss...
...“In the past we had more silent resistance and now it seems more conscious and more focused and more co-ordinated.”...
...This involved encouraging them to produce “verifiable” transition plans to support the aims of the Paris climate agreement to limit global temperature rises to ideally 1.5C above pre-industrial levels....
...Labour’s announcement came on the same day as scientists said the average global temperature had for the first time breached the critical benchmark of 1.5C above pre-industrial levels over a 12-month period...
...warned there were big uncertainties because of warming from non-CO₂ gases such as methane and nitrous oxide, which are also rising....
...Average temperatures in the Alps have risen almost 2C from pre-industrial levels, the Research Center for Alpine Ecosystems estimates, well above the long-term global figure of at least 1.1C....
...AM: The other thing [Spain’s deputy prime minister and co-lead of the EU delegation] Teresa Ribera talked about to me was that it was an agreement that was really delicate, and that if one person pulled...
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