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UN News | Climate change: CO2 and methane in our atmosphere reach record levels

Atmospheric levels of the three main greenhouse gases warming our planet – carbon dioxide, methane and nitrous oxide- all reached new record highs in 2021, according to a new report from the UN’s World Meteorological Organization (WMO).

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The agency’s yearly Greenhouse Gas Bulletin warns of the biggest year-on-year jump in methane concentrations in 2021 since systematic measurements began nearly 40 years ago.

While the reason for the unprecedented increase is still unclear, it seems to be a result of both biological and human-induced processes according to the report.

The increase in carbon dioxide levels from 2020 to 2021 was also larger than the average annual growth rate over the last decade, and according to WMO, the levels continue to rise through 2022.

“[The report] has underlined, once again, the enormous challenge – and the vital necessity – of urgent action to cut greenhouse gas emissions and prevent global temperatures from rising even further in the future,” said WMO Secretary-General Petteri Taalas.

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The report explains that between 1990 and 2021, the warming effect on our climate (known as radiative forcing) by long-lived greenhouse gases (those that stay in the atmosphere) has risen by nearly 50 per cent, mainly fuelled by a CO2 increase.

To be more specific, CO2 concentrations last year reached 415.7 parts per million (ppm), methane 1908 ppm, and nitrous oxide 334.5 ppm.  These values constitute, respectively, 149 per cent, 262 per cent and 124 per cent of pre-industrial levels before human activities started disrupting the natural balance of these gases in the atmosphere.

“The continuing rise in concentrations of the main heat-trapping gases, including the record acceleration in methane levels, shows that we are heading in the wrong direction,” Mr. Talas underscored.

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UN News | Climate change

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WEO22 | World Energy Outlook is out

The global energy crisis can be a historic turning point towards a cleaner & more secure future

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We just released this year’s edition of our flagship publication, the World Energy Outlook (WEO), which shows that global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system.

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The report, the gold standard for energy analysis, examines the ongoing shock of unprecedented breadth and complexity that has already caused major tremors in natural gas, coal, electricity and oil markets. It assesses the policy responses by governments around the world, which promise to accelerate the transition to clean energy.

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And it weighs how these changes measure up against the world’s climate commitments and energy security needs.

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Read about the key findings – including what the latest developments mean for the long-term outlook for fossil fuels, renewables, energy efficiency and more – in the press release and executive summary.

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Go deeper by exploring more of the online content from this year’s WEO, including the full report available to download for free.

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Watch the livestreamed launch event at 11 am Paris time today with our Executive Director Fatih Birol and lead authors Laura Cozzi and Tim Gould.

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For the first time, this year’s World Energy Outlook includes a series of interactive data stories that enable you to explore the key findings visually. Take a look!

World Energy Outlook 2022

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World Energy Outlook 2022

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With the world in the midst of the first global energy crisis – triggered by Russia’s invasion of Ukraine – the World Energy Outlook 2022 (WEO) provides indispensable analysis and insights on the implications of this profound and ongoing shock to energy systems across the globe.

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Based on the latest energy data and market developments, this year’s WEO explores key questions about the crisis: Will it be a setback for clean energy transitions or a catalyst for greater action? How might government responses shape energy markets? Which energy security risks lie ahead on the path to net zero emissions?

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The WEO is the energy world’s most authoritative source of analysis and projections. This flagship publication of the IEA has appeared every year since 1998. Its objective data and dispassionate analysis provide critical insights into global energy supply and demand in different scenarios and the implications for energy security, climate targets and economic development.

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World Energy Outlook 2022

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CO2 Emissions | World and per capita

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What is a greenhouse gas?

A greenhouse gas (GHG) is any gaseous compound that is capable of absorbing and emitting infrared radiation, thereby allowing less heat to escape back to space, and ‘trapping’ it in the lower atmosphere.

The major greenhouse gases in Earth’s atmosphere are water vapor, carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O) and ozone (O3).

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Carbon Dioxide (CO2) Emissions by Country

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CO2 Emissions – Worldmeter

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Green, pgf500 SaaS, PGF7T token

pgf500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the pgf500 SaaS platform.

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Decentralized Web3 technologies could improve coordination around tackling climate change because they use local knowledge and actors to guide policies and put funding where it’s needed.

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Climate change is a global coordination problem.

The system has failed to coordinate effective policies and capital investment into the commitments necessary to address the most pressing threat to humanity.

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Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

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You will need to have Metamask to pay with PGF7T token.

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We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

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We believe in Web3 and in the strength of communities.

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The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

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QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

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🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

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PGF7T token will be listed on other Exchanges soon.

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Price:  PGF7T

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Enjoy the Journey 🚀

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pgf500 Team

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What is the difference between climate tech and clean tech?

Climate tech includes some similar functions to clean tech, but climate tech primarily focuses on greenhouse gas emissions.

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This includes removing greenhouse gases in the environment and reducing future emissions.

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Climate tech initiatives include the following:

  • Agri-tech. Agri-tech helps mitigate greenhouse gases with initiatives such as reducing livestock manure, using less pesticides and improving crop-growing processes — for example, by using aeroponics.

  • Afforestation. To assist with carbon capture, afforestation creates new forests so that trees can reduce carbon dioxide and add oxygen to the air, reducing greenhouse gas emissions. Organizations work with the timber industry to help restore trees in degraded areas.

  • Carbon capture. The main gas contributing to climate change and global heating is carbon dioxide. Capturing carbon and preventing it from going into the environment can help mitigate the effects. Manufacturers are looking for clean energy using carbon capture technology, which takes carbon from the manufacturer, stores it, and turns it into hydrogen for power with minimal or zero greenhouse gas emissions.

  • Geoengineering. Also referred to as climate engineering, geoengineering’s goal is to alter the climate system to reduce the effects of climate change. One way to do this is to remove carbon dioxide from the atmosphere by capturing the gas and storing it below ground. Solar radiation management is another form of geoengineering that captures and reduces the sun’s rays to prevent warming the Earth.

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What’s the difference between climate tech and clean tech?

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Climate tech includes some similar functions to clean tech, but climate tech primarily focuses on greenhouse gas emissions. However, these emissions are only one portion of society’s effects on the environment.

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What’s the difference between climate tech and clean tech?

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State of Venture Q3 2022 Report

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The global venture ecosystem continues its slowdown in Q3’22 as funding decreases 34% quarter-over-quarter.

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Global venture funding reached $74.5B in Q3’22, hitting a 9-quarter low. The new funding level represented a 34% drop quarter-over-quarter — the largest quarterly percentage drop in a decade — and a 58% decline from the investment highs reached in Q4’21.

​Deal activity hit 7,936 deals total, marking a 9.5% quarterly drop and a 7-quarter low.  

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US-based companies raised $36.7B, accounting for just under half of global Q3’22 funding. Some of the quarter’s largest rounds in the region went to companies including TeraWatt Infrastructure, TerraPower, and EnergyX.

Other Q3’22 highlights across the venture ecosystem include:

  • Q3’22 saw only 25 new unicorns (private companies valued at $1B+) — the lowest unicorn birth count since Q1’20. The US accounted for the majority (14) of these births. Leading entrants include Zhiji Auto ($4.4B valuation), Tridge ($2.7B), and 21.co ($2B).

  • 100M+ mega-rounds collectively accounted for $29.6B in Q3’22, marking a 9-quarter low and a 44% drop QoQ. Mega-round deal count dropped in all major regions to hit 144 in Q3’22, also a 9-quarter low. 

  • Retail tech funding declined 33% QoQ to $8.5B, even as deals ticked up 5% to 776. Average deal size YTD clocked in at $24M, down 35% compared to 2021 averages.

  • The fintech sector also continued to contract. With $12.9B raised across 1,160 deals, Q3’22 was the weakest quarter the sector has seen since Q4’20.

  • Global digital health deals fell to their lowest levels in 5 years, with $5B raised across just 419 deals. The US led, accounting for more than half (58%) of total digital health funding at $2.9B.

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State of Venture Q3 2022 Report

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PGF7T token info, Green, Web3, Dapps

PGF500 has a token on the Ethereum network, called PGF7T, which you can use to pay for subscriptions and services within the PGF500 platform.

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You will need to have Metamask to pay with PGF7T token.

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We have chosen to adopt blockchain technology for the launch of 2 innovative decentralized Dapps.

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We believe in Web3 and in the strength of communities.

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The token is on the Ethereum smart contract 0x9fadea1aff842d407893e21dbd0e2017b4c287b6 ,

and the code is public at https://etherscan.io/address/0x9fadea1aff842d407893e21dbd0e2017b4c287b6#code

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QuickSwap smart contract:

0xdd0fDc648a9dbC9be5A735FE4561893a13399Da2

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🔴 It is possible to buy and sell PGF7T tokens on Uniswap and QuickSwap Exchanges.

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PGF7T token will be listed on other Exchanges soon.

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Price:  PGF7T

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..Our NFTs

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Enjoy the Journey 🚀

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PGF500 Team

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