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Capital Flows not Supporting Nature Commitments

Chris Hall

“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.

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Global Reporting Initiative Publish Standard to Address Sustainability Impacts of Coal

3BL Media

Published today, GRI 12: Coal Sector 2022 is the authoritative, internationally applicable standard for coal organizations to communicate their impacts on the economy, environment and people. GRI is developing new standards to enhance accountability on the issues that matter most within sectors.

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COP27: A Breakthrough for People and Planet

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015) where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into this year’s landmark developments and future prospects. Human activity is overloading the natural carbon cycle.

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The ESG Interview: Dancing into the Mainstream

Chris Hall

This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. ClimateWatch reports that while 193 out of 197 countries have ratified the Paris agreement on climate change, covering 94.6%

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NZBA Sets More Ambitious Climate Targets

Chris Hall

Founded in April 2021 by UNEP FI, the NZBA has 143 members overseeing US$74 trillion in capital. trillion towards fossil fuel expansion since the 2015 Paris Agreement. More than 50% of NZBA’s members had to vote and two thirds of votes cast had to be in favour for the updates to pass. billion from Barclays.

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Sink, Swim or Adapt

Chris Hall

The UN Environment Programme’s (UNEP) 2023 Emissions Gap Report – aptly titled ‘Broken Record’ – clearly states that the world is a long way from limiting global warming to 1.5°C Adaptation bonds are among the potential vehicles for private investment, but policy action is still needed at COP28.

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Flagship Initiative Tracks Nature Opportunities

Chris Hall

The UN Environment Programme’s (UNEP) 2023 ‘ State of Finance for Nature ’ report suggested that investments in nature-based solutions (NbS) to date have been underwhelming. Worse even: almost US$7 trillion are invested globally each year in activities that have a negative impact on nature – the equivalent to 7% of the global GDP.