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Coal Crash: How Pension Funds Face Huge Risk From Climate Change

           

Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

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As Ebola Crisis Wanes, a Mixed Picture of Economic Recovery for Households in Sierra Leone

THE WORLD BANK                                                                       June 15, 2015

WASHINGTON—Employment in Sierra Leone has returned to pre-crisis levels, though earnings and hours worked still lag behind. This is according to respondents in the latest round of high-frequency mobile-phone surveys, led by Statistics Sierra Leone with support from the World Bank Group, assessing how Ebola is impacting people’s livelihoods.

The survey contacted a sample of 1,715 households during May, 2015, which represents 41 percent of the 4,199 households covered in the baseline, nationally-representative Labor Force Survey conducted in July and August 2014.

 “Sierra Leone is working tirelessly to get to zero cases of Ebola,” said Francis Ato Brown, World Bank Group Country Manager for Sierra Leone. “Our job has to be not only to support the country in eradicating Ebola, but also to look toward economic recovery and toward mitigating the short-, medium-, and long-term impacts of the crisis on the social and economic wellbeing of all Sierra Leoneans.

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Managing the Risk and Impact of Future Epidemics: Options for Public-Private Cooperation

submitted by Denis Gilhooly

World Economic Forum
Prepared in collaboration with the Boston Consulting Group (BCG)

CLICK HERE - Managing the Risk and Impact of Future Epidemics: Options for Public-Private Cooperation

CLICK HERE - REPORT - Managing the Risk and Impact of Future Epidemics: Options for Public-Private Cooperation
(20 page .PDF report)

The Ebola outbreak in West Africa was a public health emergency of new proportions that presented unprecedented challenges for the international community. Aside from the significant social and economic impact it had on many West African countries, the epidemic also triggered a range of innovative, flexible partnership responses from businesses and civil society that complemented the channels of official assistance to affected countries.

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West Africa Struggles to Rebuild Its Ravaged Health-Care System

WALL STREET JOURNAL by Betsy McKay  June 4, 2015
HARPER, Liberia --The deadly disease may have receded, but it is still exacting a heavy toll. Run-down, poorly staffed and equipped health facilities allowed Ebola to explode.

 Since it was identified in early 2014, the epidemic has claimed the lives of 507 health-care workers in three West African countries, all of which already were short of medical professionals. The health-care system was so overwhelmed with Ebola victims that many other patients couldn’t receive care for malaria, heart disease or pregnancy complications. That bill is coming due.

“There are more people who are going to die from Ebola, but not have Ebola,” says Paul Farmer, a Harvard professor and co-founder of the Boston-based charity Partners in Health.

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Ebola Response Reveals the Need for New Models for Collaboration Between the Private and Public Sectors

A Report by the World Economic Forum and BCG Analyzes the Private Sector's Response to the Ebola Outbreak and Distills Lessons for Public-Private Partnerships in Future Health Crises

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BOSTON CONSULTING GROUP -MARKETWIRED June 4, 2014

CAPE TOWN, SOUTH AFRICA-- The private sector played an important role in the global response to the Ebola outbreak in West Africa not only by providing financial and in-kind donations but also by acting as a partner to support response activities.

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Don't Fall Behind as More Climate Legislation Rules the World

           

London School of Economics

greenbiz.com - by Michael Mathres - June 4, 2015

CLICK HERE - REPORT - 2015 Global Climate legislation Study

A lot of times businesses look to or blame,  governments for a lack of a national strategic economical direction for tackling climate change. This often leads to climate inertia where each party looks to the other for leadership and action.

However, according to a new report from the London School of Economics, this is no longer the case, and business have plenty of climate laws and policies from which to be inspired or adapt.

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Scientists Release Ebola Sequencing Data to Global Research Community Online

BUSINESS WIRE                                                                       June 3, 2015
CARLSBAD, Calif.--(BUSINESS WIRE)--A team of scientists that is part of an international, multi-organizational effort to curb further spread of deadly Ebola in Sierra Leone has released their first dataset of the virus’ genetic structure online.

The genetic analysis is now on virological.organd available for the global scientific community to monitor the pathogen’s evolution in real-time and conduct research that can lead to more effective strategies against further outbreaks.

The team of British scientists, funded by the Wellcome Trust, is using semi-conductor next-generation sequencing (NGS) technology to generate data in a lab facilitated by Public Health England and International Medical Corps.

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Who Did This To Peru's Jungle?

http://www.npr.org/sections/goatsandsoda/2015/05/17/398765777/who-did-this-to-perus-jungle

Image: An aerial photo shows the environmental destruction in the wake of illegal gold mining in the Peruvian Amazon. Courtesy of Gregory Asner, Carnegie Institution for Science

npr.org - May 17, 2015 - Jason Beaubien

Gold has been a blessing and a curse for Peru for centuries. In the 16th century, one of the first Spanish explorers to arrive, Francisco Pizarro, was so enthralled by the mineral riches that he took the Inca king hostage.

Pizarro demanded a room filled with gold for the release of the Atahualpa. According to legend, the Inca delivered the ransom, packing a room from floor to ceiling with the precious metal.

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What Happens To A Country When An Outbreak Of Ebola Ends?

NATIONAL PUBLIC RADIO by Linda Poon                                                         May 3, 2015

Liberia is nearing a milestone. On May 9, its Ebola outbreak will be officially declared over, assuming no new cases between now and then.

But what happens when an outbreak of Ebola ends?

 

Dr. Peter Piot (left) meets with Sukato Mandzomba, a nurse who contracted Ebola during the 1976 outbreak. Mandzomba now runs a makeshift hospital lab in Yambuku. Courtesy of Dr. Heidi Larson

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California Gov. Jerry Brown Orders Aggressive Greenhouse Gas Cuts By 2030

Governer Jerry Brown.

Image: Governer Jerry Brown.

huffingtonpost.com - April 29th 2015 - Kate Sheppard

California Gov. Jerry Brown issued an executive order Wednesday directing the state to cut is greenhouse gas emissions 40 percent below 1990 levels by 2030, the toughest proposed cuts of any state in the nation.

The 2030 target will ensure that California can meet its emissions target for the middle of this century, which calls for an 80 percent cut by 2050, Brown said. The state is already on pace to meet its goal of bringing heat-trapping emissions down to 1990 levels by 2020, a target set under a 2006 state law.

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