Below is an excerpt from CBI's Press Release on their new Hydro TWG:
The Climate Bonds Initiative has launched a Hydropower Technical Working Group (TWG) to assess and develop Criteria for climate-friendly investment in the sector.
The aim is to develop Criteria that can identify and monitor hydropower investments which deliver climate mitigation benefits and/or incorporate adaptation and resilience impacts, whilst screening out those that don’t meet these objectives.
The Criteria are intended to provide a screening tool for both investors and issuers to determine whether bonds linked to hydropower assets can be considered consistent with limiting warming to a global average of 2°C. They will provide a potential path for certifying green bonds in the sector, under the Climate Bonds Standard and Certification Scheme.
The TWG will be taking a robust science-based approach, one that looks at verifiable targets and metrics and takes into account in its analysis and assessment processes the environmental and social challenges that face some hydro developments.Continue reading the full article at http://www.climatebonds.net/2016/07/launch-hydropower-technical-working-group-developing-new-criteria-green-investment-science Read More...
Event Highlights Importance of Open Rivers and Migratory Fish
World Fish Migration Day (WFMD), held on May 21, 2016, will bring together more than 1,500 organizations, featuring more than 350 events worldwide. Organized by the World Fish Migration Foundation, this one-day global initiative calls attention to the needs of migratory fish to ensure that more natural river networks remain connected, and those already fragmented can be restored.
Migratory fish such as catfish, sturgeon, eel and salmon support the diets and livelihoods of millions of people worldwide. However, these fish face a number of threats. Physical barriers—including dams, weirs and sluices—are one of the most widespread challenges for these species. In addition to blocking migratory paths, these man-made structures disrupt the natural flow of rivers, which is critical fish spawning. Migratory species depend on open rivers and natural pulses of water to reproduce, feed and complete their life cycles. The main goal of WFMD is to improve the public’s understanding of the importance of migratory fish, the need for healthy rivers, the communities that depend on both, and the options we have to minimize or avoid impacts. WFMD will be marked by events ranging from educational tours of river restoration projects to global inaugurations of “fishways” that help migratory species bypass water infrastructure. Family and educational events will also include celebrations at zoos and aquariums worldwide, drawing and coloring contests, and kayak tours.