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Takeaways from the UN Climate Summit

October 10, 2014 by · Leave a Comment 

The United Nation’s Climate Summit just concluded in early September 2014 in New York City. It is sending a clear message how world leaders are looking at the climate change.

  • Emission reduction efforts are taking place at local levels. The C40 Cities Climate Leadership Group revealed that cities will be able to cut their emissions by an amount equal to half of current yearly global coal use by 2050. Cities are home to more than 3.6 billion people worldwide and it will grow to 6 billion by the target date of 2050.
  • More than 1,000 companies have joined the World Bank initiative to motivate governments to set a price for carbon. It will be an economic incentive to lower the carbon footprint. They also agreed to work together to cut greenhouse gas emissions.
  • Countries overwhelmingly acknowledged that climate change is real and the extreme weather we are experiencing is a result of climate change. Leaders of the United States, China and many other countries discussed how extreme weather conditions are impacting their countries and some leaders put dollar values to effects of climate change. China, world’s leader of carbon dioxide estimated that the cost to the country exceeds more than 200 billion Renminbi.

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