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The Living Planet Report 2022 shows an average decline of 69% in wildlife populations since 1970, thus emphasizing the dual crises of biodiversity loss and climate change driven by human activities. Bending the curve of biodiversity loss. Without nature, we are nothing”. Integrating nature in financial decisions.
These commitments reflect the actions the company is taking to bend the curve on climate change - including the Gigaton Challenge and a long-term goal of net-zero emissions by 2050. The company was first in industry to have its net-zero targets approved by the Science Based Targets initiative (SBTi).
Thermo King shares insights on accelerating global carbon footprint reduction in transport refrigeration. SOURCE: Trane Technologies. Thermo King is working closely with customers, dealers and other partners to deliver emission-free refrigerated transport of the future, while providing lower emissions options today.
DESCRIPTION: SWORDS, Ireland, December 19, 2022 /3BL Media/ - Trane® by Trane Technologies (NYSE:TT), a global climate innovator, celebrated a major milestone in its efforts to reduce the company’s carbon footprint with the installation of an electrified Thermal Management System at its manufacturing facility in Charmes, France.
Bending the curve to 1.5°C. Countries agreed to return for the next round of climate talks in November 2022 in Sharm el-Sheikh, Egypt, with stronger commitments to put the world on track for 1.5°C. That group is expected to report back in 2022. As a former senior U.N. C this century, well beyond the 1.5°C
DESCRIPTION: The annual United Nations Climate Change report - coinciding with the 27 th United Nations Climate Change Conference (COP27) in Egypt - concludes that while countries are bending the curve of global greenhouse gas (GHG) emissions downward, accelerated progress and collaboration are critical to our planet’s future.
In reviewing the evidence, the IPCC authors found that while greenhouse gas emissions had reached a historic high in the last decade, developments in renewable energy technology, policies to improve efficiency, and a new focus on preventing ecosystem destruction had begun to “bend the curve,” slowing the growth in emissions.
2022 has seen both central bankers and finance ministers acknowledging the role of financial policy makers, supervisors and regulators in ‘bending the curve’ of nature loss and preventing financial-stability risks associated with nature loss from manifesting.
The coalition, which counts 72 finance ministries among its members, published the ‘ Bending the Curve of Nature Loss ’ report in June 2022, illustrating how nature loss could pose significant risks for the financial system. It also recommended policy actions for risk mitigation.
Countries are starting to bend the curve of global greenhouse emissions downwards, according to the UN , and the latest International Energy Agency data suggests global emissions from energy may be starting to plateau. Companies and businesses are under increasing pressure to take immediate, demonstrable climate action.
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