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UK finance boost to help protect developing countries from climate change

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Yesterday the UK government committed to substantially increase the amount of funding they are providing to help the most vulnerable countries protect themselves from the effects of climate change.

The UK’s money for climate activities will be increased by at least 50%, to a further £5.8 billion of funding from April 2016 to March 2021, including at least £1.76bn in 2020, from within the existing ODA budget.

Announced at the UN’s General Assembly in New York, the UK’s new commitment will help millions more vulnerable people cope with the impacts of climate change, and increase access to clean energy, while supporting global efforts to tackle the emissions that cause climate change. Since 2011, the UK’s climate finance has already helped 15 million people to cope with the effects of climate change and improved access to clean energy for almost 2.6 million people. Over the lifetime of the existing ICF portfolio, the UK will help reduce greenhouse gas emissions by 440m tonnes of CO2, and mobilise £3.6bn of private climate finance.

Energy and Climate Change Secretary Amber Rudd said: “Climate change is one of the most serious threats we face, not just to the environment, but to our economic prosperity, poverty eradication and global security, hitting developing countries the hardest. To ensure a more secure and prosperous future for us all, the UK is playing its part by helping some of the most vulnerable communities become more resilient to climate change and by supporting the developing world to take the clean energy path to growth and prosperity rather than the high carbon route”.

At the Convention of the Parties conference in Copenhagen in 2009, developed countries committed to a goal of jointly mobilizing $100 billion of climate finance a year by 2020 from a wide range of sources of finance. We don’t yet know what finance flows will look like in 2020. This offer from the UK represents a significant uplift to UK public finance for climate activities, and is compatible with our fair share of the $100bn.

As well as helping vulnerable countries to reduce their emissions, finance can also help them better adapt to weather extremes and rising temperatures associated with climate change. This can increase their resilience, alleviating pressures on natural resources such as land, water and forests, which could lead people to sell their property or migrate.

The UK’s climate finance goes towards building climate resilient communities through, for example, supporting the distribution of flood resilient crops and improving early warning systems. It is also helping create a reliable source of energy for communities which improves health, education, and enables businesses to grow, creating jobs and improving incomes and standards of living for the poorest communities.

Economy

A Good Look At How Homes Will Become More Energy Efficient Soon

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energy efficient homes

Everyone always talks about ways they can save energy at home, but the tactics are old school. They’re only tweaking the way they do things at the moment. Sealing holes in your home isn’t exactly the next scientific breakthrough we’ve been waiting for.

There is some good news because technology is progressing quickly. Some tactics might not be brand new, but they’re becoming more popular. Here are a few things you should expect to see in homes all around the country within a few years.

1. The Rise Of Smart Windows

When you look at a window right now it’s just a pane of glass. In the future they’ll be controlled by microprocessors and sensors. They’ll change depending on the specific weather conditions directly outside.

If the sun disappears the shade will automatically adjust to let in more light. The exact opposite will happen when it’s sunny. These energy efficient windows will save everyone a huge amount of money.

2. A Better Way To Cool Roofs

If you wanted to cool a roof down today you would coat it with a material full of specialized pigments. This would allow roofs to deflect the sun and they’d absorb less heat in the process too.

Soon we’ll see the same thing being done, but it will be four times more effective. Roofs will never get too hot again. Anyone with a large roof is going to see a sharp decrease in their energy bills.

3. Low-E Windows Taking Over

It’s a mystery why these aren’t already extremely popular, but things are starting to change. Read low-E window replacement reviews and you’ll see everyone loves them because they’re extremely effective.

They’ll keep heat outside in summer or inside in winter. People don’t even have to buy new windows to enjoy the technology. All they’ll need is a low-E film to place over their current ones.

4. Magnets Will Cool Fridges

Refrigerators haven’t changed much in a very long time. They’re still using a vapor compression process that wastes energy while harming the environment. It won’t be long until they’ll be cooled using magnets instead.

The magnetocaloric effect is going to revolutionize cold food storage. The fluid these fridges are going to use will be water-based, which means the environment can rest easy and energy bills will drop.

5. Improving Our Current LEDs

Everyone who spent a lot of money on energy must have been very happy when LEDs became mainstream. Incandescent light bulbs belong in museums today because the new tech cut costs by up to 85 percent.

That doesn’t mean someone isn’t always trying to improve on an already great invention. The amount of lumens LEDs produce per watt isn’t great, but we’ve already found a way to increase it by 25 percent.

Maybe Homes Will Look Different Too

Do you think we’ll come up with new styles of homes that will take off? Surely it’s not out of the question. Everything inside homes seems to be changing for the better with each passing year. It’s going to continue doing so thanks to amazing inventors.

ShutterStock – Stock photo ID: 613912244

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Economy

IEMA Urge Government’s Industrial Strategy Skills Overhaul To Adopt A “Long View Approach”

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IEMA, in response to the launch of the Government’s Industrial Strategy Green Paper, have welcomed the focus on technical skills and education to boost “competence and capability” of tomorrow’s workforce.

Policy experts at the world’s leading professional association of Environment and Sustainability professionals has today welcomed Prime Minister Teresa May’s confirmation that an overhaul of technical education and skills will form a central part of the Plan for Britain – but warns the strategy must be one for the long term.

Martin Baxter, Chief Policy Advisor at IEMA said this morning that the approach and predicted investment in building a stronger technical skills portfolio to boost the UK’s productivity and economic resilience is positive, and presents an opportunity to drive the UK’s skills profile and commitment to sustainability outside of the EU.

Commenting on the launch of the Government’s Industrial Strategy Green Paper, Baxter said today:

“Government must use the Industrial Strategy as an opportunity to accelerate the UK’s transition to a low-carbon, resource efficient economy – one that is flexible and agile and which gives a progressive outlook for the UK’s future outside the EU.

We welcome the focus on skills and education, as it is vital that tomorrow’s workforce has the competence and capability to innovate and compete globally in high-value manufacturing and leading technology.

There is a real opportunity with the Industrial Strategy, and forthcoming 25 year Environment Plan and Carbon Emissions Reduction Plan, to set long-term economic and environmental outcomes which set the conditions to unlock investment, enhance natural capital and provide employment and export opportunities for UK business.

We will ensure that the Environment and Sustainability profession makes a positive contribution in responding to the Green Paper.”

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