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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. waters by 2025 as it works to make domestic shipping net-zero by mid-century.

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International Agreement Reached at COP15 to Halt Biodiversity Loss, Protect Ecosystems

ESG Today

Key aspects of the new agreement are 2030 targets to effectively halt biodiversity loss and to protect at least 30% of terrestrial, inland water, and coastal and marine areas, seen as analogous to the global Paris Agreement climate goals to limit warming to 1.5°C.

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On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. government announced that all companies must be TCFD-compliant by 2025. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla. Mon, 12/14/2020 - 00:05.

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‘First nail in the coffin’ for fossil fuels at COP28

Corporate Knights

“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.

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Beware the Green Swan

Chris Hall

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.

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Investors Demand Comprehensive Plans at COP29

Chris Hall

A letter from 534 financial institutions representing US$29 trillion in assets under management called for policy action in five areas to accelerate private sector investment in a “ just transition to a climate-resilient, nature-positive, net-zero economy”. NDCs are expected to play a central role at this year’s COP.

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Transition Challenge for Britain’s Biggest LGPS

Chris Hall

In February, the scheme committed to further develop and embed climate and ESG risk management, include a commitment to vote in favour of shareholder resolutions aligned with the objectives of the Paris Agreement. In May, the LGPS has launched a second £1.2 billion in 2022.