Showing posts with label birthday. Show all posts
Showing posts with label birthday. Show all posts

CCAC Celebrates its One Year Anniversary

The Climate and Clean Air Coalition to Reduce Short-Lived Climate Pollutants (CCAC) celebrates its first anniversary today.  Launched by Secretary of State Hillary Clinton with an initial group of six country partners and the United Nations Environment Programme, the Coalition has quickly grown to 55 partners, including 27 countries, the European Commission, as well as the World Bank, the United Nations Development Programme, the United Nations Industrial Development Organization, and eighteen NGOs. 

“In its first year the Coalition has been brilliant in developing a spirit of urgent optimism, a spirit that is critical for solving the daunting problem of climate change,” stated Durwood Zaelke, President of the Institute for Governance and Sustainable Development, one of the NGO members.  “And it's already working on plans for taking its strategies to the scale it needs to meet the bold challenge of cutting the rate of warming in half for the next 40 years, with the World Bank pledging billions of new dollars for their efforts. The Coalition is a rare climate success story.”

The CCAC is the first-ever global effort specifically dedicated to reducing emissions of short-lived climate pollutants (SLCPs). SLCPs include black carbon (soot), recently recognized as the second most powerful climate pollutant after carbon dioxide, methane and ground-level ozone, and hydrofluorocarbons (HFCs), which are used as refrigerants and to make insulating foams.

To address these pollutants, the Coalition has undertaken a set of fast-action initiatives: reducing methane from urban landfills and from the oil and gas industry; reducing black carbon emissions from brick kilns and from heavy duty diesel vehicles and engines; promoting alternatives to HFCs; scaling up finance to reduce all SLCPs; and developing SLCP National Action Plans.  The Coalition is also developing additional proposals to address open burning of biomass and pollution from cookstoves.

Fast action to reduce SLCPs has the potential to cut the rate of climate change in half, slowing global temperature rise by up to ~0.6°C by 2050, while preventing 2.4 million air pollution-related deaths per year, and avoiding around 30 million tonnes of crop losses annually.  Reductions of SLCPs are complementary to reductions of carbon dioxide emissions and can often be achieved simultaneously.  If large-scale reductions of both SLCPs and carbon dioxide are undertaken immediately, there is still a high probability of keeping the increase in global temperature to less than 1.5°C above the pre-industrial temperature for the next 30 years and below the 2°C guardrail for the next 60 to 90 years.

"The success of the CCAC shows that more and more countries are now recognizing the multiple, cost-effective benefits that swift, coordinated action on SLCPs can deliver,” said UN Under Secretary-General and UNEP Executive Director Achim Steiner, who put the CCAC at the top of his list of UNEP’s accomplishments in 2012. “UNEP has partnered with researchers for over ten years to bring the science of short-lived climate pollutants to the fore. This research clearly shows that action on SLCPs can deliver important near-term climate gains, and contribute to the achievement of health- and food security-related goals,” added Mr. Steiner, speaking from the UNEP Governing Council meeting in Nairobi.

In addition to cutting the rate of global warming in half, reducing emissions of SLCPs is particularly beneficial for some of the most vulnerable and threatened regions on the planet, including the Arctic, which is warming at more than twice the global average rate, and setting off self-amplifying warming feedbacks, according to UNEP’s Year Book 2013 released this week.  Addressing pollutants such as black carbon, which has especially powerful warming effects in regions of ice and snow, may be the most effective means of slowing and delaying imminent climate impacts in those regions in the near term.

IGSD has long been a champion of efforts to reduce HFCs, black carbon, methane, and tropospheric ozone, and serves as the NGO representative on the Coalition's Steering Committee.

The CCAC website is here.
IGSD’s Primer on SLCPs is here.
Achim Steiner's Policy Statement at the Opening of the First Universal Session of UNEP's Governing Council is here.

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The Climate and Clean Air Coalition to Reduce Short-Term Climate
New Partners of the Climate and Clean Air Coalition
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Natural Gas is Not Clean Energy

The Dow Jones Sustainability Index

The Dow Jones industrial average is the world's best known index and as of 1999 it has been home to the world's first sustainability index.

Dow Jones is the leading full-service index provider that develops, maintains and licenses indexes for use as benchmarks and as the basis of investment products. Dow Jones offers more than 130,000 equity indexes as well as fixed-income and alternative indexes.

In 1999, Dow Jones launched its Sustainability Index (DJSI). The first global indexes tracking the financial performance of the leading sustainability-driven companies worldwide. Based on the cooperation of Dow Jones and SAM (Sustainability Asset Management) they provide asset managers with reliable and objective benchmarks to manage sustainability portfolios.

Currently more than 70 DJSI licenses are held by asset managers in 19 countries to manage a variety of financial products including active and passive funds, certificates and segregated accounts. In total, these licensees presently manage over 8 billion USD based on the DJSI.

The DJSI measures companies’ sustainability initiatives. This family of indexes evaluates the performance of the world’s sustainability leaders. The DJSI focuses on how a company recognizes the risks and opportunities arising from sustainability issues in its business strategy. The DJSI Indexes are the longest-running global sustainability benchmarks worldwide and have become the key reference point in Sustainability Investing for investors and companies alike.

To be incorporated in the DJSI, companies are assessed and selected based on their long term economic, social and environmental asset management plans. Selection criteria evolve each year and companies must continue to make improvements to their long term SAM plans in order to remain on the Index.

Indexes are updated yearly and companies are monitored throughout the year. DJSI conducts a yearly review of the DJSI family and is based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, branding, climate change mitigation, supply chain standards and labor practices. It accounts for general as well as industry specific sustainability criteria for each of the 57 sectors defined according to the Industry Classification Benchmark.

Here is a partial list of some of the companies included in the DJSI:

Dow Jones Sustainability World Index
Adidas- United States
Hewlett Packard Co. – United States
BMW AG- Germany
Coca-Cola Co – United States
Christian Dior S.A.- France
Halliburton Co. – United States
Hyundai Engineering & construction Co. Ltd. – South Korea
Intel Corp. – United States
Mitsubishi Corp. – Japan
Nokia Corp. - Finland
Panasonic Corp. – Japan
Rolls- Royce Group PLC – United Kingdom
Samsung Electronics Co. Ltd – South Korea
Siemens AG- Germany
Starbucks Corp. – United States
Toshiba Corp. – Japan
Unilever- United Kingdom
Volvo AB Series B- Sweden

Dow Jones Sustainability North American Index
3M Co. – United States
Allstate Corp. – United States
Bank of Montreal – Canada
Campbell Soup Co. – United States
Dell Inc. – United States
Ford Motor Co. – United States
Gap Inc. – United States
H & R Block Inc. – United States
Kinross Gold Corp. – Canada
Macy’s Inc. – United States
Microsoft Corp. – United States
National Bank of Canada – Canada
Proctor & Gamble Co. – United States

© 2011, Richard Matthews. All rights reserved.

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