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Originally Published in WeForum A power-hungry world is consuming energy at an ever-faster rate. Mounting demand for heating and cooling combined with a robust world economy meant global energy consumption grew last year at double the average annual rate of the previous seven years. Although wind and solar saw double-digit growth last year, this was nowhere near enough to meet the increased demand. In all, fossil fuels accounted for almost 70% of growth, for the second year…

First Published in WeForum Download report here. The Global Risks Report 2019 is published against a backdrop of worrying geopolitical and geo-economic tensions. If unresolved, these tensions will hinder the world’s ability to deal with a growing range of collective challenges, from the mounting evidence of environmental degradation to the increasing disruptions of the Fourth Industrial Revolution. The report presents the results of our latest Global Risks Perception Survey, in which nearly 1,000 decision-makers from the public sector,…

Originally Published in Sustainable Brands Bank of America’s third environmental commitment is designed to advance solutions to issues aligned with the SDGs — including sustainable energy and transportation, climate resiliency, clean water and sanitation. Bank of America (BoA) has announced it will mobilize an additional $300 billion in capital by 2030 through its Environmental Business Initiative. This third commitment increases the company’s investment in low-carbon business activities as part of its focus on deploying capital for responsible,…

Originally Published in Sustainable Brands Seminal research shows that sustainability is driving market growth in CPGs; products marketed as sustainable grew 5.6x faster than conventionally marketed products, and 3.3x faster than the CPG market. This week, the NYU Stern School of Business Center for Sustainable Business and IRI® released the findings of a new U.S.-based study and established the Sustainable Share Index™, an in-depth analysis of consumer purchases of products that are marketed for their sustainable attributes — the research finds…

Originally published in the New York Times. The idea of putting a price on carbon dioxide emissions to help tackle climate change has been slowly spreading around the globe over the past two decades. This week, Canada’s federal government took the latest step when it extended its carbon-pricing program nationwide by imposing a tax on fossil fuels in four provinces that had declined to write their own climate plans. More than 40 governments worldwide have now adopted some…

Originally Published in the Guardian. Trudeau cited international commitments to fight global warning as premiers say they would challenge the measure. Canada has imposed a landmark carbon tax on four provinces which had defied Ottawa’s push to combat climate change, prompting unhappy premiers to say they would challenge the measure. The prime minister, Justin Trudeau, citing international commitments to fight global warming, had made clear for two years he would slap the tax on any…

Originally published in CNBC If you want to see how the funds you’re invested in fare when it comes to environmental, social and governance factors, there’s a rating for that. The Morningstar Sustainability Rating measures how well an investment fund’s holdings stack up on ESG issues compared to its peers. The measurement is put together using the thousands of portfolios that Morningstar collects from mutual funds, ETFs and managed portfolios around the world. The firm…

Originally published in NPR Going green is often easier said than done, but a new business organization is hoping to change that. While focusing on large-scale energy buyers, the group plans to push for changes that could make renewable power more accessible for all Americans. Companies from a variety of industries — including Walmart, General Motors, Google and Johnson & Johnson — are forming a trade association to represent firms that purchase renewable energy and…

Originally Published in Green Prophet A comprehensive new report released today by the national advocacy group Food & Water Watch in the United States demonstrates the immense role improved building energy efficiency standards can and must play in any effective climate change policy. The report focuses on what is by far the largest source of energy demand in the country, 40 percent, related to powering buildings – including homes, offices and schools. The analysis finds that a $500 billion…