Climate finance: the EU delivering on its commitments

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Did you know that the EU and its Member States are the biggest contributors of climate finance to developing countries? Ahead of the UN Climate Change Conference in 20 days in Paris, the EU is committed to further scaling up support to help the poorest and most vulnerable countries reduce greenhouse gas emissions and adapt to the consequences of ‪climate change.

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H&M joins Ellen MacArthur Foundation to ‘revolutionise’ clothing fibre recycling

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International fashion brand H&M has pledged to take ideas from the paper industry to improve the circularity of its clothing fibres, after becoming the latest Global Partner of the Ellen MacArthur Foundation.

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Managing the Impacts of Climate Change on Poverty

Poor people are already at high risk from climate-related shocks, including crop failures from reduced rainfall, spikes in food prices after extreme weather events, and increased incidence of diseases after heat waves and floods. Without rapid, inclusive and climate-smart development, together with emissions-reductions efforts that protect the poor, there could be more than 100 million additional people in poverty by 2030, particularly in Africa and South Asia.

U.S.A. Says Goodbye to Solar Power Subsidies

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In 2016 the U.S. will learn if renewable energy can survive without government support. The most significant tax credit for solar power will expire at the end of 2016, and the biggest one for wind already has. These federal subsidies have provided wind and solar developers with as much as $24 billion from 2008 to 2014, according to Bloomberg New Energy Finance. That’s led to a 12-fold increase in installed capacity over the past decade, helping lower costs at least 10 percent each year.

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Household energy efficiency could help boost the economy

green-homeImproving the energy efficiency of homes could have positive economy-wide impacts, recent UK research suggests. It would allow householders to spend the money they save on energy on other products and services. Although this additional demand and the associated production in non-energy sectors would partly offset the energy saved in the home, this ‘rebound effect’ does not completely outweigh the household energy savings.

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