PARIS: Energy sector carbon emissions will rise in 2018 after hitting record levels the year before, dimming prospects for meeting Paris climate treaty goals, the head of the International Energy Agency (IEA) said. The energy sector accounts for 80 percent of global CO2 emissions, with most of the rest caused by deforestation and agriculture, so its performance is key to efforts to rein in rising world temperatures. "I'm sorry, I have very bad news for you," IEA Executive Director Fatih Birol told guests at a…
MIAMI: Paying small amounts of cash to convince landowners not to cut down their trees is a highly effective strategy for reducing carbon emissions that drive climate change, researchers said on Thursday. Trees are important because they absorb lots of carbon dioxide, which is a by-product of fossil fuel burning and is the primary of driver of global warming. The analysis of a system called "Payments for Ecosystems" in Uganda showed its benefits to the environment were 2.4 times as large as the program costs, said the…
LIMA, PERU: The head of the African Development Bank says the continent is not getting enough of the billions of dollars in climate change funding, despite being the region that suffers most.