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Coming at the end of what is going down as the hottest year on record, it was easy to feel that the annual meetings of signatories to the 1992 UN Framework Convention on ClimateChange (UNFCCC), plus the circus of non-governmental organizations, lobbyists and negotiators that has grown up around them, have failed to deliver.
It first entered the climate justice lexicon back in 1992, during negotiations leading to the original United Nations Framework Convention on ClimateChange (UNFCCC), when the Alliance of Small Island States (AOSIS) submitted a proposal for a financial mechanism to address loss and damage from sea level rise.
DESCRIPTION: The United Nations Glasgow ClimateChange Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action .
bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.
Today the PR industry propping up the sector is considered one of the biggest obstructions to climatechange mitigation. As the medium goes digital and the message becomes more subtle and diffuse, pro-oil marketing is being baked into our social media feeds and infiltrating climate conferences.
Methane is a primary component in natural gas and a contributor to climatechange. Why is reducing methane emissions so important to climatechange mitigation? This powerful warming effect causes experts to believe that cutting methane emissions is critical to mitigating climatechange.
India’s first NDC was submitted to the United Nations Framework Convention on ClimateChange (UNFCCC) in 2015, with goals to reduce emissions intensity of its GDP by 33% to 35% compared to 2005 levels by 2030, achieve 40% cumulative electric power installed capacity from non-fossil sources, and create additional carbon sink of 2.5
Summary: The 26th United Nations ClimateChange Conference of the Parties (COP26) will take place in Glasgow Scotland (UK) beginning on October 31, 2021. Download the document.
Nearly three months after COP26, and six years after the Paris Agreement of 2015, why has so little happened to combat climatechange, and how can businesses take action? C Supplier Engagement Guide, we outline how to engage suppliers to take climate action. How can technological innovation mitigate climatechange?
DESCRIPTION: Leaders in the building and construction sector joined forces at London Climate Action Week yesterday to engage in a purposeful event to help devise and deliver solutions necessary to combat the climate crisis, in the wake of COP26. KEYWORDS: ACRE, London Climate Action Week, COP26.
DESCRIPTION: Carbon emissions have, in the years following the ratification of the Paris Climate Agreement (2015), been established as the predominant issue in corporate sustainability discourse and strategy. C warming by mid-century – a development that would irrevocably compromise climatic stability. SOURCE: EcoVadis.
Three weeks away from the 26th Conference of the Parties ( COP26 ), the World Biogas Association (WBA) is preparing to travel to Glasgow to represent the global biogas industry at the UN Climate Summit and demonstrate the value of the biogas industry in tackling climatechange.
The global goal for developed nations mobilize $100 billion in climate finance to their developing nation counterparts to mitigate and adapt to climatechange is expected to be met in 2023, and surpassed in following years, according to a new report released by Canada and Germany ahead of the COP27 climate conference.
The European Council announced today that its member states have agreed on the EU’s negotiating position for the upcoming COP27 United Nations ClimateChange Conference, including calling on major economies to immediately ramp up their near-term climate goals, and to scale up climate finance support for developing countries.
The COP26 Youth Climate Protest in Glasgow on 5 November (image credit: PMGphotog / Shutterstock.com). While COP25 in Madrid had seen the launch of many such schemes by big polluters like Shell, Total and BP, with COP26 we could now see these schemes taking a central place in the draft agreement. Carbon capture.
This year’s COP26 summit is widely viewed as one of the last chances to fulfil the 2015 Paris climate agreement and ensure meaningful progress is made towards tackling our net zero targets and the climate emergency. By Bill Ireland, Logan Energy. We simply need to commit, think bigger and embrace what it can offer us.
A new report by SDSN’s Food, Environment, Land and Development (FELD) Action Tracker explores the extent to which key countries include transformations of food and land systems—necessary to meet both climate and Sustainable Development Goals—in their Nationally Determined Contributions submitted before COP26. To stay below 1.5°C
The fight against climatechange is a story half-written, and so far, big, powerful economies have mostly been the ones to tell it. That needs to change. Yet the goal of the 2015 Paris Agreement is to limit long-term temperature increases to well below 2 degrees—preferably 1.5 By Maria Teresa Zappia.
As concerning, as of October 2022, only 24 countries updated their national commitment according to the UNCC, to reduce their GHGs, despite all countries agreeing to update their commitments one year earlier at COP26. So… we all need to dig in even further on climate! Passionate about science, SBTi and addressing climatechange.
DESCRIPTION: Water is one of the most visible signs of climatechange, whether it is too much or not enough. But until recently, it mostly was seen as primarily a climate adaptation and resilience concern. The fact is, however, that water also can play a powerful role in climate mitigation. Water and climatechange.
As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange. At COP26 in November 2021, CDL joined 44 companies worldwide to extend its pledge towards a net zero whole life carbon emissions approach.
There was a lot of media attention around COP26 last year where world leaders gathered to continue the work to uphold the actions promised by the Paris Agreement, 2015. Earlier this year, the UN released the latest IPCC report, which reaffirmed the urgent need for global action on climatechange NOW. C ambition.?We
Local and regional leaders appeared at a public event in Birmingham on 13 July to make the case to Government for additional powers to tackle climatechange. The ClimateChange Committee recently estimated that local authorities can influence around one third of the emissions in their local areas through place shaping and partnerships.
The Transport NDC Tracker aims to highlight the critical importance of transport for climate policy by making transparent countries’ transport decarbonisation ambitions in the run-up to the UN climate negotiations at COP26 in November in Glasgow, United Kingdom. Climatechange cannot be stopped without decarbonising transport.
When global leaders gathered at COP26 last year, governments pledged ambitious 2030 emissions reduction targets to achieve net zero by 2050. Since the early days of the Kyoto Protocol, carbon was the commodity of choice for measuring and offsetting the negative impact on the climate. Months on, the effects have been debatable at best.
As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange. At COP26 in November 2021, CDL joined 44 companies worldwide to extend its pledge towards a net zero whole life carbon emissions approach.
The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. World leaders committed to limit climatechange to 1.5°C C, and to meet 1.5°C
Debates are currently underway in both the EU and the US about how companies should report on the risks that climatechange is bringing to their business – and vice versa. Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets.
It marks the 20th All-Energy anniversary event; and SEC hosting the UN’S COP26. The first 14 events were staged at AECC Aberdeen, and it moved to Glasgow in 2015. Both are incubators for vital decarbonisation solutions and thus catalysts for opportunity”.
Climate Action Tracker described the amended goal a “significant step forward from the previous 26% reduction target” but said a 60% reduction was needed to put Japan on a 1.5°C
It’s essential that decision-makers make progress across six key tasks to advance future international climate action and support: Create a financing mechanism for addressing loss and damage. If countries fail to agree to this agenda item, proceedings at the climate summit could derail right from the start. degrees C.
This figure, however, is dwarfed by compliance carbon markets, which offer legally binding emissions reduction targets set by regional, national and international agreements, typically informed by the 2015 Paris Agreement. So far, roughly 27 large corporates have committed to purchase emission reduction credits through the Coalition.
In 2015, when a group of us met to ensure the voice of forward-looking business was heard at the crucial COP21 Paris Climate negotiations, this observation felt painfully familiar. COP26 in Glasgow, which many have called the finance and business COP, clearly demonstrated how this movement has become unstoppable.
The start of 2023 helps us assess the state of our efforts to battle against climatechange, offering hope and a healthy dose of reality. A record-breaking year – Climate-related records were broken in many fields in 2022, some more welcome than others. This week’s major stories impacting ESG investors, in five easy pieces.
The International Monetary Fund (IMF) is among the international bodies to have explored the concept of post-tax subsidies, which takes into account efficient levels of taxation factoring in the wider costs of fossil fuel usage to society, including those associated with air pollution and climatechange. trillion in 2015 and at US$5.2
“There is no question that India is making progress and that the government and public are acutely aware that climate chaos is here, now,” says Assaad Razzouk , CEO of Sindicatum, a Singapore-based firm which implements and operates clean energy projects across the Asia-Pacific region. .
Besides, the pandemic has postponed the momentum towards COP26 or climatechange movements like Greta Thunberg’s Friday’s for future. On the other hand, sustainability and climatechange have never been so much in focus. of the CPG market (2015-2019). trillion, double than just four years ago.
The signing of the Global Methane Pledge at last year’s COP26 marks a vital step in reducing the impact of industrial activities on the environment. C limit set by the 2015 Paris Agreement. HoverGuard™ flying over a city. The hope is that a concerted drive to reduce emissions will help to achieve at least a 0.3°C
According to scientists achieving net-zero before 2050 is critical to keeping us safe from the catastrophic consequences of climatechange. The number of net-zero emissions commitments has doubled this year, as many prioritize climate action in their recovery from Covid-19 ( Data-Driven EnviroLab report). ETS in Europe).
The TCFD’s aim is to provide financial institutions, investors and other stakeholders with consistent, reliable, and comparable information about the financial risks and opportunities associated with climatechange.
In August, the world’s top relevant scientists published another report endorsed by all 193 countries involved in the UN’s Intergovernmental Panel on ClimateChange (IPCC). They are also preparing for the impact of the 26 th Conference of Parties (COP26) in Glasgow, Scotland.
In August, the world’s top relevant scientists published another report endorsed by all 193 countries involved in the UN’s Intergovernmental Panel on ClimateChange (IPCC). They are also preparing for the impact of the 26 th Conference of Parties (COP26) in Glasgow, Scotland.
Not only did it set the tone for a wide range of adaptation initiatives throughout COP27, by focusing attention on the Global South it changed the narrative of climate diplomacy, helping to pave the way for the loss and damage fund , the proceeds of which will ultimately bolster physical defences against climatechange. .
Countries signed up to the Paris Agreement of 2015 set out to limit global warming to well below 2 °C and pursue efforts to limit it to 1.5°C. Last week, the Institutional Investors Group on ClimateChange (IIGCC) published new guidance for asset owners and managers to align their infrastructure assets with a net zero by 2050 pathway. .
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