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IMF Pushes for Climate-based Financial Redistribution
December 04, 2017
In September, the International Monetary Fund (IMF) released a document calling on rich countries to do more to redistribute funds to developing countries to deal with the impacts of climate change, warning that the phenomenon would be a major drag on economic growth without a more-equitable balance in climate finance.
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Critics Assail EU Official for Proposing US Flexibility on Climate Pledges
December 04, 2017
Climate Home News reports that EU Commissioner for climate action and energy Miguel Arias Cañete is facing sustained criticism from diplomats and environmental activist groups over his suggestion that signatories to the UN's Paris climate deal might allow the US to "downgrade" its commitments to reducing greenhouse gas emissions without having to leave the pact.
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NGO Meeting Pushes for "Green Finance" Taskforce
December 04, 2017
The Centre for International Governance Innovation recently hosted a meeting of government officials and representatives from the private sector and international organizations that called for the establishment of a Canadian Sustainable Finance Taskforce to help ramp up "green finance" and fulfill national commitments to counter global warming under the UN's Paris climate deal.
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NGO Adviser Calls for UN Office on Climate Security
December 01, 2017
Climate change think tank adviser Camilla Born has warned that the UN's Paris deal on limiting global warming "was never going to be enough" and calls on the UN to create an "institutional home" within its system to expand efforts in dealing with the "global peace and security" impacts caused by climate change.
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US States Grapple with Implementing UN Climate Deal
December 01, 2017
The New York Times reports that a group of US state governments calling themselves the US Climate Alliance is facing challenges in implementing the carbon emissions cuts required under the UN's Paris climate deal without the support of the Trump Administration, which has withdrawn from the agreement.