Finance and climate: impossible to solve one crisis without the other

EU industry and entrepreneurship commissioner, Italian Antonio Tajani gives a news conference on European strategy on clean and energy efficient vehicles at the European commission headquartes in Brussels, Belgium, 28 April 2010. (Photo: AAP)

Author: Yongsheng Zhang, DRC

The global financial crisis and the climate crisis are twin concerns: we cannot solve one without solving the other.

Green growth must be recognised as part of the solution to the current global financial crisis. To overcome these dual problems, both developed and developing countries should progress to a greener model of development, and move beyond traditional ways of thinking about these issues. Read more…

Durban climate talks bring mixed results for Indonesia

United Kingdom's Chris Huhne Secretary of State for Energy and Climate Change, speaks at the climate change conference in Durban, South Africa, 8 Dec. 2011. The head of the group of developing countries says the outcome of UN climate negotiations boils down to whether the two-tiered system of rich and poor countries should continue, or whether all nations should be treated more equally. (Photo: AAP)

Author: Fitrian Ardiansyah, ANU

Agreements achieved in the early morning of 11 December in Durban, South Africa appeared to salvage the UN climate talks — but have also raised questions about the commitment and capability of countries around the world to urgently tackling climate change.

After two weeks of difficult negotiations, governments involved in the 17th session of the Conference of Parties (COP-17) agreed to extend the Kyoto Protocol and negotiate a binding agreement for all countries to cut greenhouse gas (GHG) emissions. Read more…

Global climate financing must face greater scrutiny

Minister for Climate Change Greg Combet (R) listens to Federal Traesurer Wayne Swan during a press conference in Canberra, 12 Oct. 2011. The Federal Traesurer annouced details of the Clean Energy Finance Corporation, after the pasing of the Carbon Tax legislation. (Photo: AAP)

Author: Amritha Thiyagarajan, UNSW

Australia has been involved for a number of years in helping developing countries adapt to the devastating effects of climate change.

But while Australia’s recently passed carbon tax has stimulated much debate, there is little to no scrutiny of how Australian money is being allocated throughout adaptation projects at a grassroots level. Read more…

Measuring the success of Indonesia’s involvement in Durban

Delegates walk outside the International Convention Center during the High Level Segment of the COP 17 / CMP 7 United Nations (UN) Climate Change Conference 2011 in Durban, South Africa. (Photo: AAP)

Author: Fitrian Ardiansyah, ANU

The global climate change negotiations — underway from 28 November to 9 December in Durban, South Africa — have people asking once again whether countries around the world will agree on solutions to tackle climate change.

It is also an appropriate event to assess the involvement of developing countries like Indonesia, and particularly to understand whether their involvement in this UN climate conference will significantly contribute to a successful outcome. Read more…

Durban: where success will mean the avoidance of failure

Solar panels are used to generate electricity at the Greenpeace exhibit during the climate change conference in Durban, South Africa, 29 Nov, 2011. International climate negotiators were at odds Tuesday on how to raise billions of dollars to help poor countries cope with global warming.

Authors: Stephen Howes and Frank Jotzo, ANU

Global climate policy reached a turning point at the 2009 Copenhagen conference.

Expectations of a binding global climate treaty were dashed; instead, all major countries made unilateral pledges to cut or restrain their greenhouse gas emissions. In reality, that was probably a more significant outcome than a binding, but weak, agreement — what counts is what countries do, not what they sign up to. Read more…

Geoengineering and tackling climate change

Dr Peter Cook, chief executive of the Cooperative Research Council for greenhouse gas technologies, at the announcement of the proposed Global Carbon Capture and Storage initiative in Canberra. (Photo: AAP)

Author: Jochen Prantl, Oxford and RSIS

With the wide acceptance of global warming as both real and potentially problematic, geoengineering — defined by the UK’s Royal Society as ‘the deliberate large-scale manipulation of the planetary environment to counteract anthropogenic climate change’ — is currently experiencing a surge of interest.

Despite the differentiated nature of the challenges, the greatest risk and uncertainty for the Asia Pacific region will most likely arise from changes in the frequency of extreme weather events, which are very difficult to manage. Read more…

Australia’s carbon price

Climate change minister Greg Combet (left) and independent MP Rob Oakeshott listen to Prime Minister Julia Gillard during the carbon price scheme announcement press conference in Canberra. (Photo: AAP)

Author: Frank Jotzo, ANU

Australia is going to put in place carbon pricing at a level on par with the European Union with a design that could make it a solid foundation for long term policy.

It took five years of political struggle to get to this point, and several leaders of government and opposition lost their jobs in the process. Read more…

Energy governance in Asia: beyond the market

Filipinos hold candles during the observance of Earth Hour 2011 outside the Mall of Asia in Manila. (Photo: AAP)

Author: Neil Gunningham, ANU

Climate change is widely recognised as the greatest challenge confronting our generation, and one which, if not addressed, may have catastrophic consequences.

Recent science reveals that the window for effective mitigation is short. Read more…

Japan’s triple disaster and climate change policy

Workers are dwarfed by huge blades as they build a windmill on the reclaimed land in Tokyo. (Photo: AAP)

Author: Kazuhiko Takeuchi and Nicholas Turner, UNU-ISP

Two months after the Great Eastern Japan Earthquake and tsunami, the full extent of their tragic physical and human consequences is all too clear. But the natural disasters, and the subsequent nuclear crisis at the Fukushima Daiichi plant, also have wider implications for Japan’s domestic and foreign policies.

The impact of this ‘triple disaster’ upon Japan’s plans to tackle climate change may be particularly strong. Read more…

Life after Fukushima: the future of nuclear power in East Asia

Tokyo Electric Power Company President Masataka Shimizu, speaks during a press conference at the TEPCO headquarters in Tokyo. What next for nuclear power in East Asia? (Photo: AAP)

Author: Ben Heard, ThinkClimate Consulting

In early 2011, nuclear power was coming back. China and South Korea were undertaking significant expansion, while Vietnam, Thailand and Indonesia were en route to embracing nuclear power for the first time. China was determined to develop Generation IV thorium and fast reactors.

The modern reactors were safer, simpler, smaller, cheaper, and more modular than ever before, with Generation IV technology holding the potential for consuming nuclear waste. Then the Fukushima accident reignited our nuclear fears. What will this mean for the future of energy in East Asia? Read more…

Climate mitigation options and issues in India

An Indian worker cleans solar arrays during the inauguration of a one-megawatt solar photovoltaic power plant near Gandhinagar, about 30 kilometers (19 miles) north of Ahmadabad, India, Saturday, Jan. 22, 2011. (Photo: AAP)

Author: Ritu Mathur & Manish Shrivastava, TERI, India

India’s future energy scenario poses increasing challenges on account of energy security as well as environmental considerations.

With an installed generating capacity of less than 150,000 MW and a per capita consumption of a mere 650 units of electricity per annum, India is plagued with huge electricity shortages, estimated at around 11 per cent in energy terms and almost 12 per cent in peak demand in 2008/09. Read more…

Regional movement on the global problem of climate change

Australian Greens senators Christine Milne and leader Bob Brown, independent MP's Rob Oakeshott (right), Tony Windsor (rear left) and climate change minister Greg Combet listen to Prime Minister Julia Gillard during a press conference in Canberra, Thursday, Feb.24, 2011. A carbon price has been agreed in a deal with the greens and independent MPs and will start on July 1 2012. (Photo: AAP)

Author: Peter Drysdale

The political debate in Australia is currently consumed by a furious stoush over climate change policy.

Sensing sufficient support from the independents and Greens, who hold the balance of power over the minority government, Australia’s Prime Minister Julia Gillard has declared battle once more in the off-again, on-again campaign to introduce a national carbon price (this time via the transition of declaring a price on carbon and later moving to an emissions trading scheme). Read more…

Climate change: Where are we at globally now?

Members of environmentalist groups participate in a protest march march in Cancun, Mexico, on 07 December 2010, during the XVI United Nations Climate Change Conference. (Photo: AAP)

Author: Ross Garnaut, ANU and University of Melbourne

Human induced climate change is a global problem and an effective solution requires large mitigation contributions from all major developed and developing countries, and from the rest of the world too.

The search for effective climate change policy is partly a search for effective cooperation amongst countries of a kind and dimension that has never previously been known on a global scale. Read more…