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They also beat the global benchmark MSCI ACWI by 30% from July 1, 2016, to January 29, 2025. Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years.
The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climatechange and the ongoing practices of the world's leading banks. The banking sector maintains that serious change is afoot. And yet, today's report comes within hours of the U.K.
However, the company’s plan to invest up to $46 billion over the next 15–20 years to expand into an emissions-free iron process being piloted in Northern Sweden is big news for Sweden, the global steel industry and future generations around the world. The steel industry contributes directly to 7% of all global greenhouse gas emissions.
You sigh with relief knowing that the world had accomplished something no one thought was possible: We’d turned back the clock on climatechange. Much of the current conversation around climatechange focuses on the obstacles that make the problem so difficult to solve.
Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climatechange sadly has not slowed down this past year. We have only until 2030 to get things on track for a net-zero and nature-positive economy — this should sharpen our minds for action. ClimateChange.
Mattison has more than 20 years of sustainable finance experience and previously served as President of S&P Global’s Sustainable1 unit. He was CEO of climate analytics company Trucost from 2001 until it was acquired by S&P Global in 2016.
There are still reasons to cheer in our fight against climatechange. According to the respected International Energy Agency’s new report, global greenhouse gases emissions from energy remained flat in 2016 while the globaleconomy grew by 3.1 Global emissions from the energy sector stood at 32.1
The throwaway globaleconomy 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. billion tonnes in 2016 but passed 100 billion in 2019 and is estimated at 101.4
The 22nd United Nations Framework Convention on ClimateChange (UNFCCC) session of the Conference of the Parties (COP22) successfully brought together climate experts, NGOs, and high-level government delegates to operationalize the Paris Agreement, which entered into force on November 4, 2016.
The impacts of the climate crisis, the war in Ukraine, a weak globaleconomy, and the lingering effects of the COVID-19 pandemic have revealed weaknesses and hindered progress towards the Goals. The warmest eight years have all been since 2015, with 2016, 2019 and 2020 constituting the top three.
Today, a massive climate and Sustainable Development Goal (SDG) financing gap still persists — and even after the SDGs and Paris Agreement laid out a critical role for the private sector in 2016, the subsequent years have brought only modest increases in private investment mobilization. trillion — up from $2.5 trillion pre-pandemic.
It’s a chance not merely to discuss but to initiate decisive action on climatechange — an endeavour critical to the future health of our planet and economies. Climatechange isn’t a distant threat, it’s a pressing challenge that demands urgent action.
In 2016 the earth’s average temperature was the warmest since recordkeeping began in 1880. The scientific community holds strongly recommends that the average global temperature increase must be limited to increase be limited to 1.5 °C C - 2° C compared to the pre-industrial era, to prevent the damaging effects of climatechange.
Ken Fullerton , a fellow 2017 Young Global Changer recently caught up with her to discuss a Nigerian perspective on the COVID-19 pandemic and more broadly how countries and the world can recouple economic and social progress’ coming out if this crisis (click here to read the first part of the interview).
These threats — such as commodity agriculture, climatechange and overfishing — are specific to every land and seascape. But all forms of ecosystem degradation have one thing in common: When people hurt ecosystems, they also hurt economies, biodiversity and the climate. The economy suffered a loss of US$16 billion.
"The conservation of the Amazon is critical not only for the survival of the 35 million people and the thousands of species who live there, but for the planet,” said Santos, Nobel Peace Prize 2016 and former President of Colombia. Only science and the unique knowledge of indigenous communities can save our rainforest.
That loss would be a massive hit to the globaleconomy. The framework sets out an ambitious pathway to reach the global vision of a world living in harmony with nature by 2050. In 2016, I attended COP13 as part of the WHC delegation of two people. I have to clarify that the U.S.
This interview with Joan Martinez Alier and Federico Demaria, from the research team of the Environmental Science and Technology Institute (ICTA) of the Autonomous University of Barcelona (UAB) explains how a global movement for environmental justice has risen. They also make the connection with the globaleconomy and the need for degrowth.
Propelled by reduced production costs and the looming threat of climatechange, demand for renewable energy and efficiency is increasing across the globe. From 2016 to 2017, solar jobs grew by 24.5 percent higher than the equivalent jobs in 2016, indicating a gain of about 550,000 jobs. million jobs to the globaleconomy.
Pension funds are confronted with immense pressures such as meeting their liabilities, managing deficits, navigating turbulent globaleconomies, and coping with growing regulatory burdens. California’s proposed divestment laws addresses the systemic risk of climatechange, he says. It can be an uneasy relationship.
Environmental successes are easily overlooked in a world ravaged by climatechange, biodiversity loss, an ongoing global pandemic and attacks against democracy. The dystopian legacy of the former president is becoming increasingly clear to all but the willfully ignorant as is his politicization of climatechange and COVID.
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