Climate Change

Read Full Story Global warming could cause frequent and severe failures of the Indian summer monsoon in the next two centuries, new research suggests.

An online poll of 13,000 adults in 13 countries, carried out on behalf of insurance group Axa, has found nine out of 10 believe that the climate has changed significantly in the past 20 years. The survey was carried out from July 5 to August 6 in Belgium, Britain, France, Germany, Hong Kong, Indonesia, Italy, Japan, Mexico, Spain, Switzerland, Turkey and the United States by Ipsos Public Affairs. Hong Kong residents and Mexicans appear most convinced about climate change, with 98 saying they were believers

The European Union has spent 250 million euros (USD306 million) on environmental projects in Indonesia aimed at reducing carbon emissions.

Institutional investors concerned about climate change have retained, and in many cases, boosted their commitment to addressing the issue despite wider economic and financial challenges and continuing policy uncertainty according to a new report. Jointly published by three institutional investor forums covering Europe, North America and Australia/New Zealand, the 2011 Global Investor Survey on Climate Change says more progress is needed in translating climate-related investment policies, research and risk assessments into investment decisions that reduce climate risks to portfolios and seek to capture climate-driven investment opportunities.

Pakistan’s new national sustainable development strategy (NSDS) boasts a “green action agenda” and proposes to set up a knowledge management system that is based on science, technology and innovation, according to a report from website SciDev.