U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan that would help developing countries speed their transition away from fossil fuels.
Kerry launched the Energy Transition Accelerator intended to act as a catalyst for private capital to accelerate the clean energy transition in developing countries.
The United States will develop the program with the Bezos Earth Fund and Rockefeller Foundation, with input from the public and private sectors which would operate through 2030 and possibly be extended to 2035. Kerry said Chile and Nigeria are among the developing countries that have expressed early interest in the ETA, and that Bank of America, Microsoft, PepsiCo and Standard Chartered Bank have expressed interest in "informing the ETA's development."
Kerry said U.N. Secretary General Antonio Guterres was supportive of a U.S.-led carbon market initiative provided there were safeguards to it.Reporting by Sarah MacFarlane, writing by William James; Editing by Janet Lawrence
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. Climate Envoy John Kerry Rekindles Contact With China at COP27The exchange between John Kerry and Chinese envoy Xie Zhenhua marks a thaw in relations, though the two countries have yet to resume formal discussions.
Leer más »
John Dunning & Ricardo Cabral Dark Horse Debut Wiper at Thought Bubble John Dunning & Ricardo CabralICYMI: John Dunning & Ricardo Cabral's new graphic novel Wiper, from Dark Horse Comics, debuts at Thought Bubble thefutureiswiper darkhorse graphicnovel thoughtbubble johnhdunning ricardopcabral1 20EyedBrad DarkHorseComics ThoughtBubbleUK
Leer más »
COP27 - U.S. climate envoy Kerry announces new carbon market initiativeU.S. climate envoy John Kerry announced plans for companies to buy carbon credits to support countries switching out of coal power on Wednesday.
Leer más »
At COP27, coalition aims to tap private funds for energy transitionA group of major philanthropies and companies joined with the White House on Wednesday to float a new carbon trading proposal that would funnel money from private businesses to developing countries in assisting the shift from fossil fuels to clean energy.
Leer más »
5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Leer más »
Weather Authority: Wednesday to be dry, chilly ahead of impacts from Tropical Storm NicoleWednesday will be dry, but a cooler day in the Delaware Valley due to a temperature drop and winds. Forecasters are also tracking Tropical Storm Nicole, which is expected to bring heavy rain to the area Friday.
Leer más »