Envirotec Magazine

JANUARY 24, 2022

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. billion tonnes in 2016 but passed 100 billion in 2019 and is estimated at 101.4

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GreenBiz

JULY 27, 2020

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.

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Chris Hall

JUNE 22, 2022

Given the mixed track record of the finance sector in aligning with the goals of the Paris Agreement, its response to the increased pressure is seen as key test of major institutions’ ability to transition long-established business models. . Most of those banks are members of the UN-convened net-zero banking group. .

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Stanford Social Innovation

APRIL 6, 2022

At COP26, philanthropists teamed up with the Danish and Costa Rican governments to launch the Beyond Oil and Gas Alliance , or BOGA. From 2016 to 2020, known foundation funding to climate mitigation nearly doubled, from 1 billion dollars to 1.9 At the same time, more philanthropies are directing more resources to climate.

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Chris Hall

FEBRUARY 14, 2022

The US scenario is likely to be repeated elsewhere, said Kelly Shields, Senior Officer for Banking Standards at ShareAction, which has found that leading European banks have financed upstream oil and gas expansion to the tune of more than US$400 billion since 2016. “As

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Corporate Knights

JANUARY 21, 2022

Civil society organizations are gearing up to hold financial industry players accountable on the lofty commitments they made at COP26 in November. The alliance, led by former Bank of England governor Mark Carney, comprises separate agreements for various financial sectors.

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Chris Hall

NOVEMBER 23, 2022

However, shortfalls in clean energy investments persist, the IEA said, noting that “if China is excluded, then the amount being invested in clean energy each year in [EMDEs] has remained flat since the Paris Agreement was concluded in 2015”. C is to remain achievable. .

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