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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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Going for the E-S-Gold: Home of the Paris Agreement Hosts the Olympics

3BL Media

While there have been some setbacks, particularly regarding pollution in the Seine River and a reversal on using air conditioners in the Olympic Village, the Paris Olympics have won overall high marks for being environmentally friendly. Athletes have also expressed concerns about the threats posed to competitors by climate change.

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Banks spending trillions to finance causes of climate crisis in Global South: report

Corporate Knights

Banks are shelling out more than US$500 billion a year to finance the largest contributors to climate change in the Global South, a region that is especially vulnerable to the roiling weather disasters gripping the planet. Together, that amounts to an average of $513 billion a year – or more than 20 times the $22.5

Banking 351
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IOC Welcomes Admission As Observer Organisation to UN Climate Change

3BL Media

International Olympic Committee news This will enable the IOC to engage more effectively with the global efforts to address climate change, underscoring its commitment to reducing emissions and to leveraging the role of sport as an “important enabler” for the United Nations (UN) Sustainable Development Goals (SDGs). “We

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climate change and the ongoing practices of the world's leading banks. trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates.

Net Zero 398
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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

From a climate change perspective, steelmaking is considered one of the "hard-to-abate" sectors. However, this view has rapidly changed over the course of only a few years, and Swedish industry has played a pivotal role in this shift. The steel industry contributes directly to 7% of all global greenhouse gas emissions.

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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. Ben Cushing, senior campaign representative at U.S.

Banking 365