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

GreenBiz

While the pledge provides limited detail on the measures it will take to slash the carbon emissions of its portfolio or operations, the bank said it would establish "clear, measurable pathways" to net-zero using the Paris Agreement's Capital Transition Assessment Tool (PACTA). Pull Quote. Finance & Investing.

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

percent of global greenhouse gas emissions, and has received flak over its failure to come up with a detailed, ambitious plan to decarbonize in line with the goals of the Paris Agreement. The global shipping sector is responsible for around 2.5 The global shipping sector is responsible for around 2.5 percent by 2025.

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Switzerland Sets Target to Reduce Greenhouse Gas Emissions by 65% by 2035

ESG Today

The new decarbonization goal will form the basis of Switzerlands second Nationally Determined Contribution (NDC) under the Paris Agreement, which the Swiss Federal Council said will be submitted to the UN Framework Convention on Climate Change (UNFCCC) by February 10.

Net Zero 101
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Accelerating Climate Action: Project Gigaton™ Marks Key Milestone

3BL Media

With over 4,500 of our suppliers engaged since the initiative’s launch in 2017, and suppliers reporting a cumulative total of more than 574 million metric tons of emissions reduced or avoided, Project Gigaton™ continues to make progress as one of the largest private sector consortia of its kind.

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Startup tackles decarbonizing industrial heat processes

GreenBiz

Even with decarbonizing the electric and transportation sector, to reach long-term goals of the Paris Agreement, the United States would need an 80 percent reduction from 2005 levels in economy-wide emissions by 2050. Skyven won the $1 million grand prize in NYSERDA’s annual 76West Clean Energy Competition in 2017.

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Pierre Poilievre voted against the environment nearly 400 times

Corporate Knights

Poilievre cast a rare “yea” vote of climate action in 2017, voting alongside 277 MPs from all major political parties in favor of a motion stating that “despite the withdrawal of the United States from the Paris Agreement, Canada remain committed to the implementation of the Agreement, as it is in the best interest of all Canadians.”

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place.

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