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the average person’s consumption of stuff has doubled in the past 50 years and, in 2019, North Americans disposed of almost 21 kilograms of electronic waste per person. For example, trees are the Earth’s carbon storehouse but the United Nations Environment Program (UNEP) estimates that 10 million hectares of forests are lost each year.
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. Pushing for corporate action In turn, the industry is starting to take its own emissions more seriously.
When surveyed in 2019, 42 percent of our member companies put "biodiversity risk" as important or very important to them. The Earth’s interrelated systems of water, land, biodiversity and ocean are facing unsustainable pressure. We cannot win the fight against climate change without addressing nature loss.?.
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.
Environment Program Finance Initiative (UNEP FI), have highlighted the importance of redefining fiduciary duty, in order to stimulate long-term sustainable growth and the economic health of companies. Indeed, sustainable finance veteran Paul Watchman (an advisor to UNEP FI) argues "the concept of fiduciary duty is organic, not static.
C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On. It is a now problem,” said Inger Andersen, Executive Director of UNEP. “To However, CO2 and non-CO2 emissions in 2021 are expected to rise again to a level only slightly lower than the record high in 2019.
But a recent paper on blended finance by the Organisation for Economic Cooperation and Development (OECD) noted that just US$14 billion in climate finance was mobilised through blended finance solutions for EMDEs in 2019. . Steady momentum . New opportunities for climate- and nature-positive impact investments are emerging, rapidly. .
A climate and environment risk platform designed for the United Nations Environment Program (UNEP), STRATA, has been developed in collaboration with the University of Edinburgh, and is powered by Earth Blox’s technology.
As of 1 July 2020, the number of cases had nearly doubled, with at least 1,550 climate change cases filed in 38 countries, according to the UNEP Global Climate Litigation Report. In 2019, an International Chamber of Commerce (ICC) task force published a report on resolving climate change-related disputes through arbitration.
Normal 0 false false false TR X-NONE X-NONE Between October 31 and November 2, 2019, Prof. Sachs’ keynote speech at the 6th Sustainable Finance Forum held by the World Business Council for Sustainable Development Turkey (SKD) and Global Compact Turkey, in partnership with UNEP Finance Initiative, Istanbul Stock Exchange and SDSN Turkey.
A paper from UNEP published late last year stated that developing nations’ “estimated annual adaptation costs/needs are in the range of US$160–340 billion by 2030 and US$315–565 billion by 2050”. Furthermore, they predicted that financing needs were “likely far higher if adaptation and demand-side costs are included”.
DESCRIPTION: DUBLIN, June 23, 2022 /3BL Media/ - The second day of The Consumer Goods Forum Global Summit — the first in-person edition since 2019 — continued to explore the potential for responsible growth in the post-pandemic era, taking into account the confluence of issues and trends that converge with this transition.
EEA estimates from 2019 attributed approximately 307,000 premature deaths to fine particulate matter in the 27 EU Member States, with a further 40,400 linked to nitrogen dioxide, and 16,800 to ground-level ozone. Source: The first global assessment of air quality legislation, UNEP. trillion, equivalent to 6.1
Between 2010 and 2019, the amount of algae has increased by 20 per cent, corresponding with declines in hard coral cover. UNEP has created a dynamic data visualization that distils the report findings for non-scientists in all UN languages, plus Portuguese, Bahasa Indonesia and Swahili.
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.
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 As an example, the Breakthrough Agenda report includes a reference to reducing the average GHG intensity of protein production to 23 grams of CO2-equivalent by 2030, from the average level of 31 grams in 2019.
Nationally determined contributions (NDCs) for G7 and G20 economies should clearly indicate the pathways towards a collective greenhouse gas emissions reduction of 43% by 2030, and 60% by 2035 (relative to 2019 levels) in order to keep global temperature rise below 1.5C.
Last year, UNEP FI issued a briefing paper for investors and other financial institutions which said “there is no foreseeable way in which the financing of [DSM] activities can be viewed as consistent with the Sustainable Blue Economy Finance Principles”.
“Based on the stocktake’s technical findings, emissions need a complete u-turn, falling by 43% by 2030, and 60% by 2035 compared to 2019 levels, ultimately reaching net zero by 2050,” said Levin.
Preliminary results are expected in advance of the United Nations Climate Summit in September 2019. The project is jointly implemented by the International Institute for Applied Systems Analysis (IIASA) , the UN Environment World Conservation Monitoring Center (UNEP-WCMC) , and the UN Sustainable Development Solutions Network (SDSN).
But, as highlighted in a 2019 paper published by research and innovation lab AidData and UN-Habitat , working out where and how to invest is complicated, with a number of hard and soft costs for investors to consider. Last year, UNEP FI published guidance outlining the kinds of resilient buildings needed to cope with new climate extremes.
Analysis from the United Nations Environment Program (UNEP) concludes that a 45% reduction in global methane emissions by 2030 is essential to limiting global warming to 1.5 Enbridge joined the ONE Future coalition in 2019, and our emissions relative to our overall value chain have consistently been within ONE Future’s target.
As PRI in Person closes today in Barcelona, gathering more than 1,700 investors and stakeholders in person for the first time since 2019, one key message throughout has been that policy matters, now more than ever. By comparison, in 2019, there were fewer than 600; and in 2013, 300. Real economy impact.
“Their commitment must translate into tangible results within the stipulated timeframes.” The standard was developed after the failure of a tailings facility at Brumadinho, Brazil in 2019, causing 272 deaths, through an independent process convened by ICMM, the United Nations Environment Programme (UNEP) and Principles for Responsible Investment (..)
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 in 2022 compared to the previous year.
The Standard was developed following the 2019 Brumadinho disaster in Brazil which resulted in the deaths of 272 individuals. Inger Andersen, Executive Director of UNEP said that climate policies are “ far behind ” what is needed to keep global temperatures below 1.5°C,
The F4B initiative was established in October 2019 to increase the materiality of biodiversity in financial decision-making and better align global finance with nature conservation and restoration. Complementary to TNFD. EFRAG is expected to submit a draft to the European Commission (EC) by June.
reduction in CO2 emissions versus 2019, setting a course for 2.1-2.8°C Stronger wording might have been possible, but this was a big step in the right direction,” said Remco Fischer, Climate Lead, UN Environment Programme Finance Initiative (UNEP FI). The official verdict was clear. C of climate change by 2100. C in realistic reach.
According to the UNEP Global Climate Litigation Report , more than 1,500 cases had been filed in 38 countries by July 2020. The number of cases is widely recognised as having doubled since 2015. Nor is it only companies as corporate entities that face possible lawsuits.
“This year showed that climate change is an immediate direct threat to every community on this planet, and it is only going to intensify,” said Inger Andersen, Executive Director of UNEP. per cent compared to 2019. Local cities and governments have also developed codes. Green building certification has increased by 13.9
The initiative builds on the lessons learnt by investors, including the £3 billion AUM pension scheme, through engagement with the sector following the January 2019 Brumadinho disaster in Brazil. The initiative developed a Global Tailings Portal and Global Industry Standard on Tailings Management, together with UNEP and industry.
Despite this trend, commentators like Dan Carlin, UNEP FI’s Task Force on Climate-Related Financial Disclosures (TCFD) Program Lead, have made the case for further engagement with the fossil fuel industry. In fact, the total value of the institutions divesting is estimated to be US$40.5
The wild species use report builds on previous 2019 IPBES research to identify just how reliant we are on nature, in the knowledge that a million are under threat of extinction, in no small part due to over-exploitation. Almost 140 governments attended the Bonn conference. What has IPBES already told us?
Further, a recent report by the UN Environment Programme (UNEP) and the Sabin Center for Climate Change Law at Columbia University, showed that climate litigation is becoming an integral part of securing climate action and justice.
As the UN Environmental Programme (UNEP) summarises in their Adaptation Gap Report [8], “adapting to climate change makes economic sense” – with the Global Commission on Adaptation estimating a return of US$7.1 9] Global Commission on Adaptation (GCA) (2019). For many institutional investors, physical risks remain ‘terra incognita’.
The rise in deforestation and fires in 2019 and 2020 marks a dramatic acceleration in the rate of deforestation. Close to 70% of protected areas and Indigenous territories are currently threatened by roads, mining, oil and gas development, illegal invasions, dams, and deforestation.
The world-class panel of judges for the 2022 Innovation Challenge event included: Juan Pablo Celis Garcia, Youth Engagement Specialist for the United Nations Environment Programme (UNEP). Anand Lalwani, 2019 Keysight Innovation Challenge Winner. Gabriella Garcia, 2019 Keysight Innovation Challenge Winner.
Spanish insurance company MAPFRE announced today that it has decided to discontinue its membership in in the Net-Zero Insurance Alliance (NZIA), marking the latest in a string of major insurers exiting the UN Environment Program (UNEP)-backed climate action-focused industry group.
Figures published earlier this month by the United Nations Environment Programme (UNEP) have shown that global investment in new renewable energy capacity between 2010 and 2019 is on course to exceed US$2.6
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