> Gossip: the World Bank has just increased the recent green bonds issue by $50 million, because the Dec 4 release sold so quickly.
> Very strong statement put out this week in Copenhagen by "Action by Business on Climate", coalition of WWF, Cambridge Leaders Group, CERES, Climate Group etc, representing 1,000 big businesses. The statement denies that big business would prefer caution and the status quo - and instead advocating a strong Copenhagen deal; and asking if businesses can do it, then why can't world leaders? They want a legally binding deal that reduces carbon pollution and accelerates clean energy innovation. They want a clear signal that allows businesses to make long term investment decisions in low carbon technologies; Provides incentives to invest heavily in low carbon R&D, and; Protects economies from dramatic impacts of climate change.
Timely contribution. Tell your friends!
> Coral prediction by Stockholm Environment Institute: they're Ok at present, with a 1°C temp rise. At 2° seaweed dominates corals (no good for snorkelling any more, apart from all the ecosystem problems). At 3° temp increases corals die.
> COP15 Trivia (thanks to RePower America)
- Countries represented: 192
- Heads of state that have announced they will attend next week: 110
- Accredited attendees: 23,000 before they stopped accepting people
- Size of Brazilian Govt delegation: 600 (what are they all doing?)
- Fraction of food served at COP15 that is organic: 66%
> "If we don't deal with climate change decisively, "what we're talking about then is extended world war." – Sir Nicholas Stern.
> The UK defence think tank the Royal United Services Institute recently reported that climate change threatens to spark conflicts of a similar magnitude of both World Wars – only this time they will be waged for centuries.
> 36% of people in CPH commute to work on a bicycle - in all weathers. And we're talking about some cold weather. A friend reminiscences about when Shanghai was bike-filled. Maybe when they become as rich as the Danish are they'll get back to bicycling?
Thanks for reading. Access to the conference has now been cut; I'm outta here, back to London!
Sean
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Sean Kidney
www.climatebonds.net
www.sustainablefinancialmarkets.net
www.climaterisk.net
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