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Climate Change Forum in APAC Hopes To Bring Global Solutions

3BL Media

From the 2023 Sustainable Development Goals Summit and Climate Week NYC to the UN’s climate change conference COP 28 , the collective goal is to unite people worldwide to steer passion and innovation into tangible climate action solutions. The theme is Resilience for All: Enabling transformative implementation.

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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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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. As of 30 September 2023, 96 member banks had successfully set net zero targets, with its next progress report expected this summer. trillion towards fossil fuel expansion since the 2015 Paris Agreement. billion from Barclays.

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UN report: current climate efforts not enough

Sustainability Matters

As the world experiences record global temperatures and greenhouse gas emissions, the latest Emissions Gap Report from the UN Environment Programme ( UNEP ) found that current pledges under the Paris Agreement put the world on track for a 2.5–2.9°C C above pre-industrial levels. C above pre-industrial levels. For the 1.5°C

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Flagship Initiative Tracks Nature Opportunities

Chris Hall

This is one of three flagship schemes that were allocated government funding from the UK’s Natural Environment Research Council, as part of the Integrating Finance and Biodiversity Programme (IFB) launched in April 2023. The IFB also includes the Financing Green Sector Transitions and the Financing Biodiversity initiatives.

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New Roadmap for “Drastic” Response to Global Stocktake

Chris Hall

The UNFCCC synthesis report recognises the need for systems transformation in a way that the Paris Agreement has “never articulated before”, according to Levin. Efforts to limit global warming to 1.5°C

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

Chris Hall

“The alliance is doing exactly what it set out to do ,” Remco Fischer, Climate Lead at the UN Environment Programme Finance Initiative (UNEP FI), told ESG Investor. Now that the rubber has hit the road, we are showing [how] promises have led to targets and targets have led to members taking action.