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Can fossil fuel lobbyists be barred from global climate talks?

Corporate Knights

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 Climate Change (UNFCCC), plus the circus of non-governmental organizations, lobbyists and negotiators that has grown up around them, have failed to deliver.

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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Civil society organizations are gearing up to hold financial industry players accountable on the lofty commitments they made at COP26 in November. Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”. It could also delay investments needed to help mitigate the impact of climate change.”.

Net Zero 246
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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

The announcement marks a major coup for the PCAF and is a landmark green move for Morgan Stanley, one of the world's largest and most recognizable private banking groups, which from 2016 to 2019 invested more than $91 billion n fossil fuels, according to the Rainforest Action Network.

Banking 365
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A new year’s resolution for federal pension funds: Stop financing fossil fuels

Corporate Knights

It underscores the need for greater climate-related regulation of the financial sector, including public pension plans. . Minister of Environment and Climate Change Steven Guilbeault also suggested that domestic fossil fuel subsidies would be eliminated in the first half of 2023. . billion in 2020.

Net Zero 287
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Mitigating Climate Change Due to Methane From Natural Gas

3BL Media

Methane is a primary component in natural gas and a contributor to climate change. Why is reducing methane emissions so important to climate change mitigation? This powerful warming effect causes experts to believe that cutting methane emissions is critical to mitigating climate change.

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CDL’s integrated sustainability report 2022 zeroes in on bolder decarbonisation targets 

Corporate Knights

Raised Scope 1 and 2 carbon emissions intensity reduction target to 63% from new baseline year 2016, validated by Science Based Targets initiative . 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 climate change.

Net Zero 146
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How Big Oil's spin doctors are influencing influencers

Corporate Knights

Today the PR industry propping up the sector is considered one of the biggest obstructions to climate change 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.