2017 is set to be in top three hottest years, with record-breaking extreme weather

WMO report highlights impacts on human safety, well-being and environment

6 November 2017 (WMO) – It is very likely that 2017 will be one of the three hottest years on record, with many high-impact events including catastrophic hurricanes and floods, debilitating heatwaves and drought. Long-term indicators of climate change such as increasing carbon dioxide concentrations, sea level rise and ocean acidification continue unabated. Arctic sea ice coverage remains below average and previously stable Antarctic sea ice extent was at or near a record low. Continue reading “2017 is set to be in top three hottest years, with record-breaking extreme weather”

IFC Report Finds Policy Reforms, Innovation Can Unlock Trillions in Climate Finance

Washington, D.C., November 2, 2017—Developing countries can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business models, according to a new report by IFC, a member of the World Bank Group. Continue reading “IFC Report Finds Policy Reforms, Innovation Can Unlock Trillions in Climate Finance”