Sarah Hiddleston

CHENNAI:

THANJAVUR: As part of a project on climate change in Cauvery basin and its impact on rice production, a Norwegian team visited Thanjavur district on Thursday.

Leaders from Bhutan, Norway and Finland, among other countries, today supported Intergovernmental Panel on Climate Change (IPCC) chairman R K Pachauri on the glacier melting issue and said the recent attacks on the IPCC and climate change by no means damaged the credibility of the institution or the science.

Aviation and shipping should cut their respective carbon dioxide emissions to 10 and 20 percent below 2005 levels over the next decade, the European Union is likely to propose at global climate talks this week.

A global trading scheme is the most effective means of cutting carbon emissions in the shipping sector, five shipping industry associations said in a study on Wednesday.

Shipping and aviation are the only industry sectors not regulated under the Kyoto Protocol, which sets targets for greenhouse gas emissions by rich countries from 2008-12.

Investing in socially and environmentally responsible companies or sectors which tackle climate change or resource scarcity is gaining momentum as it offers a unique diversifying opportunity, fund manager RCM says. Sustainability investment is an approach designed to pick companies which manage environmental, social and governance (ESG) risks.