One crucial indicator of the level of urgency for taking climate action is the social cost of carbon dioxide (SCCO2), which represents the total welfare lost across the globe due to an extra emitted tonne of CO2, usually expressed in US dollars per tonne of CO2.

The SCCO2 has been calculated under a range of climatic and socioeconomic assumptions (Havranek et al 2015, Howard and Sterner 2017, Tol 2018), giving a wide range of best estimates.

The Social Cost of Carbon Dioxide Under Climate-Economy Feedbacks… | Devamı>>>

Playing a pioneering role in the field of sustainability, Arcelik added a new one to the awareness raising that started with Kilimanjaro in 2011, in order to draw attention to climate change within the framework of its vision of “Respect for the World, Respect for the World”. A large team of 16 people, consisting of senior managers of Koc Holding and Arcelik and participants from different countries where Arcelik operates, climbed the highest mountain of Turkey, Agri.

‘Arcelik Team’ Climbed to the Top of Mount Ararat | Devamı>>>

Following the report of the Intergovernmental Panel on Climate Change (IPCC), described as “code red”, published last week, today IPSOS published the results of the opinion poll conducted by Mori and the Global Commons Alliance.

The research includes a set of findings that assess public attitudes towards the planet’s critical thresholds, the leadership needed to sustain the planet, and the economic and societal transformations needed. The findings of the study provide some of the most detailed predictions ever made on this important issue within the G20 countries.

73% of People Think the Planet Is Nearing the Critical Threshold! | Devamı>>>

The intensity and scale of the floods in Germany this week have shocked climate scientists, who did not expect records to be broken this much, over such a wide area or this soon.

After the deadly heatwave in the US and Canada, where temperatures rose above 49.6C two weeks ago, the deluge in central Europe has raised fears that human-caused climate disruption is making extreme weather even worse than predicted.

Climate Scientists Shocked by Scale of Floods in Germany | Devamı>>>

Attribution analysis by an international team of leading climate scientists reveals that the unprecedented heatwaves in parts of the US and Canada last week would not have occurred without climate change as a result of human activities. Scientists say climate change caused by greenhouse gas emissions makes heat waves at least 150 times more likely.

Record temperatures are being recorded in the Pacific Northwest regions of the US and Canada.

Extreme Temperatures are a Consequence of Climate Change | Devamı>>>

Climate is a fundamental investment theme quickly filtering down through the ranks of the wealthy and far below the level of billionaires.

Amazon’s Jeff Bezos just named the first recipients of his $10 billion climate fund. Elon Musk’s electric vehicle and renewable energy company Tesla is poised to become the largest company ever added to the S&P 500. At its current market cap, Tesla is bigger than the five largest companies in the S&P 500 energy sub-sector combined.

Why Climate Change is Getting The Attention of World’s Wealthy Investors | Devamı>>>

Earlier this month, I wrote about how COVID-19 is a cautionary tale for climate change. There’s no doubt that we have experienced terrible suffering and economic hardship over the last several months. But as hard as it is to imagine right now when we’re still in the middle of the pandemic, climate change has the potential to be even more devastating.

The pandemic has also reminded us how much innovation is needed to prevent a climate disaster.

Bill Gates: How We’ll Move Around In a Clean, Green Future? | Devamı>>>

As governments spend massively to revive economies, a huge battle has emerged around whether the economic recovery should also achieve other goals, particularly cutting the emissions that cause climate change. Those advocating green spending say the $10 trillion that governments have already committed to stimulus should be just the beginning, and an even bigger pile of cash is now needed for expansive “green new deals.”

In most countries, the political forces are blowing against green recovery.

Why Europe Must Lead a Global Green Recovery | Devamı>>>

It’s becoming evident the COVID-19 will disrupt the lives of the world’s 7.8 billion human inhabitants for much longer than we could have imagined. Already, millions are infected and hundreds of thousands dead, while the global economy could contract 3% this year in the worst downturn since the Great Depression.

Policymakers are responding by injecting trillions of dollars to help the sputtering economy. But for economic and environmental reasons, one sector should not receive a taxpayer bailout – the oil and gas industry.

Let’s Invest In An Energy Future That Preserves The Economy | Devamı>>>

From next year, Italian school students in every grade will be required to study climate change and sustainability, in an attempt to position the country as a world leader in environmental education.

Education Minister Lorenzo Fioramonti, of the anti-establishment Five Star Movement, said all public schools will include about 33 hours a year in their curricula to study issues linked to climate change.

The lessons will be built into existing civics classes, which will have an “environmentalist footprint” from September 2020, Vincenzo Cramarossa, Fioramonti’s spokesman, told CNN.

Italy to Make Learning About Climate Change Compulsory For Students | Devamı>>>

Growing climate change fears and falling costs will drive the uptake of clean technologies this year. What does 2020 hold for the low-carbon economy? Every year, the clean energy analysts at BloombergNEF predict what will happen in energy, transport, commodities and sustainability over the next 12 months.

While companies and investors are more committed to a cleaner future than ever before, governments still have the capacity to accelerate – or impede – their progress and so November’s US presidential election will have major implications for the speed of decarbonization globally.

The Low-Carbon Economy Takes Center Stage In 2020 | Devamı>>>

A planned ‘Future of Europe’ summit of European Union national leaders starting in Sibiu, Romania tomorrow was supposed to chart a course for the EU following Brexit. Instead, with Brexit delayed and in doubt, the summit will be marked by a fierce debate over the EU’s ambition on fighting climate change. And the “b-word” has been banned.

Eight of the 28 EU countries have circulated a paper to national capitals ahead of the summit, leaked to the press, demanding that the bloc commit to phasing out carbon emissions by 2050 and dedicating 25% of the EU’s next long-term budget to projects fighting climate change.

Eight EU Countries Will Demand Decarbonization By 2050 At Sibiu Summit | Devamı>>>