Foreign direct investment in China rose 3.7% to $129 billion in 2014 from 2013, making it the world's top recipient of foreign investment, according to a report by the U.N. Conference on Trade and Development. Foreign investment in China's manufacturing fell, but grew in the service sector, the report said.
The use of solar panels and other sources of renewable energy must increase if they are to stem global warming, according to the U.N. Intergovernmental Panel on Climate Change. The IPCC report states that global warming could rise from 3.7 degrees Celsius since 1750 to 4.8 degree Celsius this century unless steps are made to rein in greenhouse gas emissions. This includes investments in solar panels and measures to reduce energy use in buildings, Bloomberg reports.
Too many big firms are ignoring the "ticking time bomb" of sustainability and climate issues, according to a U.N. survey of 1,712 companies from 113 countries. "[M]uch more needs to be done to deepen sustainability efforts in how they think and act, from boardrooms to supply chains," U.N. Secretary-General Ban Ki-moon said. Meanwhile, companies might not be doing enough to promote their current sustainability efforts, according to an article on GreenBiz.com.
The world's food system faces serious problems that will increase as the population grows, according to the U.N.'s annual World Economic and Social Survey. Governments need to accelerate their support for small farmers to potentially double production by 2050 and simultaneously reduce the environmental impact of agriculture, the report says.
The U.N. projects that the world population will reach 10.1 billion by 2100. Nearer-term projections include 9.3 billion people by 2050 and 7 billion on Oct. 31. "High-fertility countries" such as India and in sub-Saharan Africa, in particular, will fuel the expected increases, U.N. officials said.