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International Update Volume 47, Issue 19

G20 PUBLIC FINANCE FOR FOSSIL FUELS OUTPACES RENEWABLES

EU

Ahead of the G20 summit a report revealed that the G20 nations provide four times more public financing to fossil fuels than renewable energy. The authors of the report accused the G20 of “talking out of both sides of their mouths.” Soft loans and government guarantees, along with fossil fuel subsidies, make fossil fuel plants cheaper and lock in carbon emissions for decades to come. A new report showed that G20 countries provided an average of $71.8 billion of public finance for fossil fuel projects per year between 2013-2015, compared to $18.7 billion for renewable energy.

COAL EXPLORATION THREATENS INDONESIA'S FOOD PRODUCTION

Indonesia

Indonesia’s goal of achieving food self-sufficiency, especially for rice, might be in doubt as the country converts agricultural land into coal mining sites. Researchers for the Waterkeeper Alliance and the Mining Advocacy Network found that 19 percent of Indonesia's rice-growing land falls within exploration or mining concessions for coal. The study calculated that coal mining already costs the country 1.7 million tons of potential rice production, and another 6 million tons of current production are under threat.

NORTH CHINA LEOPARD POPULATIONS MAKING MODEST COMEBACK

China

The North China leopard, one of the nine subspecies of leopards, has shown signs of revival in certain parts of the country in recent years, according to conservation groups. However, industrial development and infrastructure construction remain major threats to the integrity of the leopards' habitat. The species was widely found across Africa and Asia.