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Investors Demand Comprehensive Plans at COP29

Chris Hall

Submitted every five years under the Paris Agreement, NDCs outline each signatory country’s plans to decarbonise their respective economies including a set of intermediate targets and the steps to reach net zero, including policy action required to enforce compliance. NDCs are expected to play a central role at this year’s COP.

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NZBA Sets More Ambitious Climate Targets

Chris Hall

The new capital markets targets will come into effect from 1 November 2025, while the rest of guidelines’ updated second version is effective from 22 April. 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.

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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.

UNEP 92
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Starting to Adapt 

Chris Hall

World Bank President Ajay Banga announced a commitment to devote 45% of its annual finance to climate by 2025. With adaptation finance flows remaining dangerously low to meet climate goals, has COP28 made a difference? Developed countries have also been asked to prepare a report on doubling by COP29.

UNEP 64
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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 For the 1.5°C C goal, emissions need to be cut by 42%.

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Take-off for the Net Zero Transition  

Chris Hall

Ahead of the conference, the data had been collected and analysed, with assessments delivered on the effectiveness of actions taken to date, primarily in the form of signatories’ nationally determined contributions (NDCs) to the Paris Agreement. The official verdict was clear. C of climate change by 2100. C in realistic reach.

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ESG Explainer: Managing the Methane Menace

Chris Hall

Just prior to COP26, the UN Environment Programme (UNEP) launched the International Methane Emissions Observatory (IMEO) to improve the accuracy and public transparency of human-caused methane emissions. The signatories recognised that rapid action on methane is an essential complement to cuts in CO2 and other greenhouse gases (GHGs).