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UN Climate Mechanism Seeks to Expand Role
March 30, 2016
The board of the UN Clean Development Mechanism, which provides credits to companies for reducing their greenhouse gas emissions and operates under the UN Framework Convention on Climate Change ("UNFCCC"), has called on the UNFCCC to consider expanding the scope of its work in order to help fulfill the aspirations of the Paris climate deal agreed in December 2015.
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US, Canada Agree to Climate Pact
March 30, 2016
US President Barack Obama and Canadian Prime Minister Justin Trudeau have announced an agreement under which their governments will drastically cut greenhouse gas emissions, establish strict standards for oil and gas exploration in the Arctic, and drive a transition to a low-carbon economy.
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France Considers Push for Global Carbon Tax
March 29, 2016
Bloomberg reports that French government officials are expressing interest in pushing for a global agreement establishing a tax on greenhouse gas emissions in order to counter climate change and creating a minimum and maximum price for "emissions units" that would limit the amount of carbon dioxide businesses are permitted to release.
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NGO Seeks Action from Climate Fund After UN Paris Deal
March 29, 2016
Sven Harmeling from CARE International has called for more and urgent action from the UN's Green Climate Fund to fund the mitigation of climate change impacts in line with the December 2015 UN agreement in Paris on combating global warming.
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World Bank Launches Urban Sustainability Initiative
March 29, 2016
The World Bank has announced that, in partnership with UN agencies and other development banks, it is launching a $1.5 billion initiative to work with cities in developing countries to promote programs improving urban "sustainability" and reducing their impact on climate change.
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