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An authoratarian petrostate takes centre stage as COP29 host

Corporate Knights

In 2024, COP29 must dig itself out of a bigger hole. Moreover, the UN’s visionary commitment to develop a more just, tolerant society as part of its Paris Agreement goals also looks shaky when it works with an authoritarian family dictatorship. Freedom House, a Washington, D.C.–based s score of 18/100).

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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

A new report published by Reclaim Finance on Thursday calculates that, between 2021 and 2023, 400 banks put $213 billion toward LNG expansion and 400 investors funded the buildout with $252 billion as of May 2024. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.

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Going for the E-S-Gold: Home of the Paris Agreement Hosts the Olympics

3BL Media

With global attention focused on Paris for the 2024 Summer Olympics (officially the Games of the XXXIII Olympiad), the event organizers have used the opportunity to highlight efforts to make the games more sustainable.

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Ceres Welcomes Final Agreement at COP29 to Move the World Forward With Climate Action

3BL Media

November 25, 2024 /3BL/ - Ceres President and CEO Mindy Lubber issued the following statement after COP29, as global negotiators at the climate summit in Baku, Azerbaijan, finalized an agreement to help keep the world on track to reduce pollution dangerously overheating the planet.

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Meet the man most responsible for saving COP29 from irrelevancy

Corporate Knights

But that’s the mandate of Simon Stiell, the former environment minister of Grenada who is now the United Nations’ climate chief – the man most responsible for achieving the Paris Agreement goal of limiting climate change to 1.5°C With little to no power to enforce compliance, Stiell has responsibility without authority.

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Brazil Cuts Amazon Deforestation by 31%, Sets New 2035 Climate Goals

ESG Today

The new decarbonization goal, to be officially presented at the COP29 climate conference currently underway in Baku, Azerbaijan, will form Brazil’s second Nationally Determined Contribution (NDC) under the Paris Agreement.

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Four reasons to be hopeful about the planned global plastics treaty

Corporate Knights

A landmark resolution endorsed by 175 states has kickstarted negotiations of a world-first treaty for ending plastic pollution, due to be finalised before the end of 2024. The basis for such an agreement was made possible by growing public support for action, as well as shrinking opposition from the chemical and other industries.