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International Olympic Committee news This will enable the IOC to engage more effectively with the global efforts to address climate change, underscoring its commitment to reducing emissions and to leveraging the role of sport as an “important enabler” for the United Nations (UN) Sustainable Development Goals (SDGs). “We
C rise between now and 2026. C does not mean we have breached the iconic threshold of the ParisAgreement, but it does reveal that we are edging ever closer to a situation where 1.5°C For Guterres, policies that support renewable energy development are “fundamental to reduce market risk and drive investment into the sector.”.
Others suggested taking inspiration from the green bond markets to develop European defence bond frameworks for funding projects of high strategic importance to European sovereignty. The EC also underlined the role in channelling capital to Europes defence sector of the Savings and Investment Union (SIU) the weeks other big announcement.
In mid-January, PepsiCo joined that club with a strategy to reduce its greenhouse gas emissions by 40 percent across its entire value chain by 2030 and to reach the elusive net-zero emissions status 10 years before it’s called for by the ParisAgreement. New product development is a great example.
The SBTi develops standards, tools and guidance to help companies and financial institutions to set greenhouse gas (GHG) emissions reduction targets in line with climate science and the goals of the ParisAgreement. It will then be pilot tested ahead of its a planned publication of the finalised CNZS in 2026.
Under its ongoing “acceleration to Paris” theme, initially launched in late 2021, Robeco said that it will place a greater emphasis on speeding up the transition of business models to meet the ParisAgreement temperature goals, targeting high-carbon companies lagging behind in the net-zero transition.
Ørsted said that it expects the plants to begin capturing and storing biogenic carbon emitted from the plants in 2025, and to capture and store approximately 430,000 tonnes of CO2 every year from the beginning of 2026.
With the looming ParisAgreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainable investment. Clearly, the US is doing a better job at turning words into action.
To decarbonize the global economy in alignment with the goals established by the ParisAgreement, all economic actors in the real economy need to reduce their greenhouse gas (GHG) emissions sufficiently to align with required emissions pathways. multilateral development banks, export credit agencies, etc.)
Next month’s COP27 Summit will be held in Egypt’s Sharm El Sheikh, providing opportunity for policymakers to focus on Africa and develop new initiatives and strategies investment for the most needed areas. The lack of progress since puts emerging and developing economies at the top of the COP27 agenda. Growing economies.
According to energy regulator Ofgem , as of last year, 220 projects awaiting connection to the grid by 2026 – with only half of them having obtained the required planning permission and start dates being pushed back by up to 14 years in some cases. He pointed to the many solar grid delays that have hindered progress.
But it’s not just about having the right targets – without the right financial and regulatory frameworks, the private sector will continue to struggle to invest at the scale needed in developing countries. This new goal (called NCQG) will set the baseline for public climate finance flows to developing countries from 2026 onward.
SDSN was launched a decade ago under the auspices of the UN Secretary General and aims to support universities in promoting sustainable development, providing policy advice, and convening relevant stakeholders. This will promote the development of knowledge, skills, understanding, values, and actions required to create a sustainable world.
The report estimates that the climate adaptation finance needs of developing countries are ten to 18 times larger than existing international public flows – over 50% higher than previous predictions. Twenty-four percent of assessed countries said they have developed a NAP, and 46% intend to do so in the near future.
Speaking at ESG Investor’s inaugural Stewardship Summit, UNEP FI’s Carlin says transition finance flows to developing economies are too low to meet net zero targets.
Speaking at ESG Investor’s inaugural Stewardship Summit, UNEP FI’s Head of Climate Risk says transition finance flows to developing economies are too low to meet net zero targets.
VCMI’s remit included developing a set of credible claims that companies can make when using carbon credits to more accurately reflect the real-world impacts of their actions. In November 2023 VCMI launched – alongside its Claims Code of Practice – a beta version of a ‘Scope 3 Claim’.
The aviation industry will not be able to align with ParisAgreement goals without a massive scale-up in the use of SAFs,” Selih said. Through the development of this new UK SAF industry, it aims to create up to 5,200 UK jobs from the domestic production of SAFs, and a gross value added of up to £2.7
Listed SMEs, small and non-complex credit institutions and captive insurance undertakings must report in line with CSRD from 2026. “It The ESRSs ere developed with input from GRI and are currently undergoing consultation before being presented to the European Commission.
More temperate regions are just as vulnerable, if not more so, to climate impacts, wide-scale development, and increasing demands on wild fisheries. The solution also helps developers meet project-level mitigation requirements and their corporate sustainability goals. Global funding for nature-based solutions is growing rapidly.
In recent years, state-level leadership has come prominently from California (CA), where certain large businesses are required to publicly disclose their greenhouse gas (GHG) emissions and climate-related risks beginning in 2026. nationally determined contribution (NDC) under the ParisAgreement. Find us here.
A brief statement committed the world’s leading democratic economies to forming a ‘climate club’, to “support the effective implementation of the ParisAgreement by accelerating climate action and increasing ambition”. Membership is open to all countries committed to the full implementation of the ParisAgreement. “We
While Group of Seven governments are announcing grand plans , asset owners in developed markets are increasingly keen to play their part in this transition. . SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? estimated ?
In recent years, state-level leadership has come prominently from California (CA), where certain large businesses are required to publicly disclose their greenhouse gas (GHG) emissions and climate-related risks beginning in 2026. nationally determined contribution (NDC) under the ParisAgreement. Find us here.
Addressing the transport sector’s emissions impact has been a key focus of the Biden administration’s climate-focused action, as it looks to achieve its ambition to reduce economy-wide GHG emission by 50-52% in 2030 , and to align with its ParisAgreement commitments. The transportation sector represents over 27% of U.S.
Nevertheless, the agency estimates the measures could help to avoid around seven billion tons of emissions, cutting passenger car pollution to half the levels projected for 2026. With EVs having accounted for only 7.6% of new US car sales in 2023, the incoming rules imply a sixfold increase in demand over eight years. million – were 46.3%
This week saw the roll-out of roadmaps seeking to combine growth, investment and sustainability in developed and developing markets. But he also promised the launch of a driverless ride-hailing service in Texas by June, followed by a humanoid robot before the end of the year, and autonomous cybercabs in 2026.
Providing funding to poorer nations to undertake climate action is not only a moral and legal responsibility for developed countries, but also a strategic investment in a cleaner and more resilient world. Funding for 2021 was one area where the Trump administration and Congress were in full agreement. $32 Joe Thwaites.
The US demonstrates the swift difference progressive leadership makes in driving sustainable finance policy. She says ASFI will be learning from what other countries have done on “what to do and what not to do”.
The latest update highlights significant regulatory advancements focused on worker protections, environmental sustainability, and climate-related disclosures, with key developments in regions like the U.S., Key Developments Several regulatory developments designed to protect workers came into play. EU, and Asia.
Many US companies need to prepare for state-level legislation, including California’s Climate-related Financial Risk Act (SB261), requiring organisations to consider and qualify their climate-related practices, with first reporting from 2026.
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