"From Riches to Rags?" looks into the subject of stranded assets in the fossil fuel sector. Stranded assets are assets that lose value, or generate new liabilities, before they reach the end of their (planned) economic life. In this paper, assets primarily refer to fossil fuel resources (oil, gas and coal) that need to stay in the ground because otherwise the 2-degree target specified in the Paris Agreement would be jeopardised.
The exhibition “Environment, Conflict and Cooperation”, realized by adelphi and supported by the German Federal Foreign Office, was recently displayed in El Salvador in cooperation with the Central American Commission for Environment and Development (CCAD) as part of the Climate Diplomacy initiative. The exhibition illustrates the dramatic and growing impact of global environmental changes. It was discussed among experts and visitors, continuing to support a broader dialogue on sustainability in Latin America.
Representatives from around the world are meeting in Bonn this week to discuss progress towards the goals of the Paris climate agreement. A large part of this challenge involves rapidly scaling up the deployment of renewable energy, while curbing fossil fuel use – but little attention has been paid to the minerals that will be needed to build these technologies.
News that the Trump administration will move to repeal and replace the clean power plan (CPP) – a major initiative to cut emissions from the US electricity sector – has been met with concern overseas.
Socio-environmental conflicts have increased in Latin America, in part because of extractive projects. But, how is this linked to “irregular” groups? And what strategies are needed to transform the conflicts? The article resumes some results of a recent survey.
Former UN climate Chief Christiana Figueres, one of the architects of the Paris Agreement, has called on the European Union to step up regulatory action against deforestation in the global south by tackling emissions of imported agricultural goods like beef, soy and palm oil.
Natural resource extraction in Latin America leads to blatant human rights violations and conflict. Dawid Danilo Bartelt, book author and Director of the Heinrich Böll Foundation in Mexico explains in an interview with ECC why resolving commodity-related conflicts will be impossible without a strong civil society, and points to a special responsibility of European consumers.
France likes to be seen as a leader on climate action, but when it comes to the role of forests, the country’s priorities lie elsewhere.
At the Paris Climate Conference held in December 2015, 195 countries adopted the Paris Agreement – the first universal, legally binding global climate deal. The signatory parties committed themselves to a global action plan that aims to keep global warming to well below 2°C and to limit the global temperature increase to 1.5°C.
The Earth’s front-line defenders are disappearing at an astonishing rate. On average three environmental activists were killed each week in 2015, according to a recent report from the United Nations special rapporteur on the situation of human rights defenders. Global Witness, an international NGO that documents natural resource extraction, corruption, and violence, reports a 59 percent increase in deaths last year compared to 2014. In total, 185 killings of environmental defenders were recorded by Global Witness in 2015.
Acute competition to access valuable resources in forested areas in Myanmar has, amongst other factors, contributed to large-scale deforestation and environmental degradation. This has had disastrous consequences for local communities dependent upon these forests for food, water, fuel, shelter and income.