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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating. Tue, 10/13/2020 - 00:46.

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BNP Paribas Sued over Fossil Fuel Financing

ESG Today

A group of French NGOs, including Friends of the Earth (Les Amis de la Terre) France, Notre Affaire à Tous and Oxfam France announced today that they have launched a lawsuit against Paris-based global bank BNP Paribas, targeting the bank’s financing for new oil and gas projects.

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20 C-suite sustainability champions for 2021

GreenBiz

Mason, who was raised in Queens, is one of the few senior Black executives in banking, at Citi since 2001 in a slate of leadership roles including CEO of Citi Private Bank. Joining the America Is All In pledge supporting the Paris Agreement in December is an early indicator. billion U.S. and Canadian operations.

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COP27: Global Battery Alliance Announces New Board of Directors

3BL Media

The vital role that sustainable battery value chains play in meeting the Paris Agreement targets linked to the electrification of transport and power sectors was highlighted during multiple high-level conversations at COP27. The appointment is effective from April 2023 and the term will run until December 2024.

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G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion

3BL Media

The report aims to increase transparency and inform priorities ahead of the COP28 climate summit, where countries will conclude the first ‘stocktake’ of global progress toward the Paris Agreement and deliver policy recommendations to encourage governments to ratchet up their climate plans.

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Time to Accelerate the Transition

Chris Hall

The Paris Agreement of 2015 highlighted the urgent need for a global transition towards more sustainable business practices, specifically use of carbon-free sources of energy. But while there is no doubt that the clean energy transition is accelerating, it’s not happening fast enough.

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Where are we in the fight against climate change? An update from COP23

Sustainable Development Network

The primary outcomes of this year’s COP include: 1) the Paris Agreement Work Programme (PAWP); 2) the Talanoa Dialogue; and 3) the Pre-2020 action and ambition. More about these and other important announcements can be found in the Global Yearbook of Climate Action 2017. More information on the event can be found here.