1. Home
  2. Articles posted by: Rona Fried (Page 2306)

Bank of America To Set New Industry Best Practices for Climate Change and Forest Policies

Bank of America (BAC: NYSE) and Rainforest Action Network announced today that BAC will set new environmental standards, leading the financial services industry toward a new level of best practice. The bank committed to significant programs to reduce climate change emissions and to protect intact forest ecosystems. Today's announcement articulates unprecedented targets and timelines to reduce greenhouse gas emissions throughout Bank of America's chain of activities. Initial reduction goals are based on current best estimates of the Intergovernmental Panel on Climate Change (IPCC), 7 percent by 2008. Bank of America recognizes its responsibility to address climate change and the role of the service sector in promoting and implementing reductions of greenhouse gas emissions that extends beyond its own operations, including relationships with customers and suppliers. The enhanced policy increases forest protection to encompass intact tropical, temperate and boreal forest ecosystems and includes a commitment by Bank of America to assist in funding the ongoing mapping of these regions for future protection. Bank of America will not provide funding for resource extraction from old-growth tropical rainforests, and lending proceeds will not go to logging operations in intact forests as defined by World Resources Institute mapping as it is developed. Provision of […]

Read More

Nepal Authorizes Wildlife Farming for Conservation

By Deepak Gajurel KATHMANDU, Nepal, May 18, 2004 (ENS) – Wildlife farming might sound like a contradiction in terms, but it is the government of Nepal's new strategy for conserving animal species. New avenues have been opened for farming, breeding and research of high value wild species under the government's new Wildlife Farming, Reproduction and Research Policy. The government started providing licenses for wildlife farming immediately after promulgating the policy. Since the parliament is dissolved and the country is reeling under political uncertainty, the only option to establish a law to this effect is by ordinance. After six months of issuing licenses, the government is now working to write proper legislation. "Since we do not have parliament, an Act for this purpose will be brought through ordinance," said Narayan Sharma of the Ministry of Forests and Soil Conservation. "The ordinance is currently being given a final touch," he said. Meanwhile, to facilitate and encourage researchers and conservationists to undertake wildlife farming, the Department of National Parks and Wildlife Conservation (DNPWC) has already granted licenses for farming and research of rhesus monkeys, snakes and vultures. The DNPWC is a government agency, under the Ministry of Forests and Soil Conservation, which looks […]

Read More

US Takes Greenpeace to Court

URL: http://www.planetark.com/dailynewsstory.cfm/newsid/25125/newsDate/17-May-2004/story.htm Website: http://www.planetark.com/dailynewsstory.cfm/newsid/25125/newsDate/17-May-2004/story.htm     

Read More