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Could the video game industry be key to levelling up on climate action?

Corporate Knights

In 2019, the gaming industry emitted an estimated 24 million tonnes of carbon dioxide in the United States alone – which was the carbon footprint of the entire nation of Mongolia that year. Many of the large tech companies that manufacture games and consoles, such as Microsoft, Apple and Google, have committed to reaching net-zero by 2030.

UNEP 263
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Net Zero Action Depends on Public-Private Cooperation

Chris Hall

Investors have made pledges towards net zero, they are taking action by engaging with companies, and are increasingly vocal and responsible stewards of the capital they manage. But they cannot do it alone. Consequently, investment portfolios may remain exposed to sustainability risks from climate change.

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This Week’s Tech and Tools News: UNEP FI Issues Oceans Toolkit for Investors

Chris Hall

ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including UNEP FI, ISS ESG, ISSB, Xpansiv and Carbon Trust. In 2019, Xpansiv acquired multi-registry environmental portfolio management system, EMA, from APX.

UNEP 52
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Food System Action: A Roadmap to Keep 1.5°C Alive

Chris Hall

The recent IEA report and UNEP gap report on net zero pathways have noted how difficult it will be to achieve the 1.5°C The previous IEA net zero report included various assumptions, including an increase in land use for bio-energy crops. A credible 1.5°C C climate goal. C goal within sight.

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Fusion the Positive Choice for Climate Impact

Chris Hall

Neither the world’s financial firepower nor the impact of climate change is spread evenly, which means funding the transition to net zero is much harder and more urgent for emerging markets and developing economies (EMDEs) compared to developed ones. . If asset owners can feel confident that their capital will make a difference. .

UNEP 98
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Asset Owners on 1.5°C Pathway Despite Lack of Policy Support

Chris Hall

The group has published new data outlining their collective decarbonisation progress since the alliance launched in 2019, noting that 81 members (as of August) have set intermediate emissions reduction targets – representing 98% of the NZAOA’s US$ 9.5

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Starting to Adapt 

Chris Hall

UNEP FI estimates the current adaptation finance gap is around US$194-366 billion per year, and positively, Climate Policy Initiative (CPI) found last month that adaptation finance had reached an all-time high of US$63 billion, growing 28% from 2019/20.

UNEP 64