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WBCSD Business & Sustainable development

EU ends biofuel battle, nears green energy deal

By Reuters from Business & Sustainable Development News. Published on Dec 04, 2008.

The European Union is on the verge of a deal to boost renewable energy after resolving a battle over the controversial issue of biofuels on Thursday, but Italy's demand for a review in 2014 prevented a final agreement.

Ghana's 'miracle': logging underwater forests for exotic timber

By AFP from Business & Sustainable Development News. Published on Dec 04, 2008.

Ghana, which is running short of forests to chop down, is about to turn to the dead trees underneath its Lake Volta as a new source of exotic timber, one of its top export earners.

Finance – Consumer trust overdrawn

By Ethical Corporation from Business & Sustainable Development News. Published on Dec 04, 2008.

Trust in US banks is at an all-time low, and rebuilding it is a task for which the finance sector may be unprepared.

Industry wants clear priorities for alternative transport fuels

By EurActiv.com from Business & Sustainable Development News. Published on Dec 04, 2008.

As EU lawmakers ponder the contribution of alternative fuels to the EU's CO2 emission reduction targets, transport stakeholders are demanding that political decisions be taken and realistic targets be set, to give industry a stable legislative framework that allows it to prioritise R&D; spending.

Earth Capital eyes $5 bln for environment investment

By Reuters from Business & Sustainable Development News. Published on Dec 04, 2008.

Earth Capital Partners, a new environmentally-focused investment group, said in a statement on Thursday it plans to raise $5 billion in 5 years to invest in projects and firms involved in climate change and energy security.

U.S. greenhouse gas emissions rose 1.4% in 2007

By Reuters from Business & Sustainable Development News. Published on Dec 03, 2008.

U.S. emissions of gases blamed for warming the planet rose 1.4 percent last year as acute weather pushed consumers to crank up heaters and air conditioners and cut output from hydropower generation, the federal Energy Information Administration said on Wednesday.

Mexico aims to cut emissions, boost carbon trades

By Reuters from Business & Sustainable Development News. Published on Dec 03, 2008.

Mexico aims to slash its greenhouse gas emissions by around 15 percent and wants to increase carbon trading as part of a global push to combat climate change, the environment minister said on Wednesday.

Wal-Mart, Leading Suppliers Form Council to Foster Creation of Green Jobs

By GreenBiz.com from Business & Sustainable Development News. Published on Dec 03, 2008.

Wal-Mart Stores Inc. has launched a green jobs council in partnership with many of its leading suppliers of goods and services in an effort to help rebuild and retool America's workforce.

Reach chemical pre-registration phase closes

By ENDS Europe Daily from Business & Sustainable Development News. Published on Dec 03, 2008.

European firms have submitted over two million preliminary information dossiers to the European chemicals agency (Echa) under the EU's Reach policy, according to figures released by the agency after the six-month pre-registration window ended on Monday night.

Consumers Remain Loyal to Brands that Champion Social Purpose

By SocialFunds.com from Business & Sustainable Development News. Published on Dec 03, 2008.

A survey of 6,000 consumers in ten countries has found that the global financial crisis has not lessened their loyalty to brands that champion good causes. In fact, 68% of consumers stated they would remain loyal to a brand during a recession if it supports a good cause, and 55% said they would be prepared to pay more for a brand in a recession that supports a good cause they believe in.