Eco-Logic

In a clear sign of these eco-friendly times, 181 global investors -- the world's largest -- have inked a United Nations-backed agreement to cut pollution and invest in low-carbon emission technologies, reports Chinaview.cn.

The statement calls for a treaty agreement with a target to reduce emissions by 2050 to between 50 and 85 percent of 1990 levels, as well as for government support of energy-efficient and low carbon technology.

"The magnitude of the negative economic impacts and the potential of climate change to bankrupt our global financial system, as well as to threaten the planet's life-supporting natural ecosystems, are calling," said Rob Tacon, chair of the UN Environment Program's Financial Initiative (UNEP FI).  

The agreement also calls for a reduction in deforestation and other measures.

The world's leaders are scheduled to meet for the UN's Climate Change Conference in Denmark's Copenhagen in December.

 

Photo courtesy of freefotouk Flickr.

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Darragh Worland Darragh Worland is a New York-based writer and multimedia journalist.

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