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Climate Week NYC is not one event, but a collision of more than 900 events at multiple venues across the New York metro area. Sustainability leaders in business, governments, civil society and the academic community all gathered to discuss the most pressing issues in the fight against climatechange under the theme: “It’s Time!”
Parliament took a more ambitious stance overall, determining that all new buildings should be zero-emission from 2028 and existing buildings would need to achieve climate neutrality by 2050.
It’s also a sellable GHG product for oil and gas firms. If they can keep it in the pipes, they can make money out of it.” Proof of action To ensure more rapid progress on decarbonisation, some investors have recognised that engagement efforts must shift to focus on concrete action.
While Asia ’s energy companies are responding positively to climate-related engagements from investors as they demonstrate progress on net zero, decommissioning their most polluting plants remains a steep challenge. Meanwhile, Indonesia-based PLN aims to increase its renewable capacity by 20.9
International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). The Organisation for Economic Co-operation and Development (OECD) has estimated that maritime trade volumes will triple by 2050.
by Maria Lettini, CEO of the US SIF: The SustainableInvestment Forum As we celebrate Women’s History Month, it is again a time of reflection. And, by 2028, estimates suggest women will be responsible for 75% of discretionary spending. At COP28, the nexus of gender and climatechange was a clear focus.
Notably, the Commission chose to retain the CSRDs double materiality reporting approach, requiring reporting both on the risks and impact of sustainability issues on an enterprise, as well as on the enterprises impacts on environment and society.
And expect the Trump administration to reverse a Biden Department of Labor rule expressly permitting pension trustees to consider ESG issues in investment decisions. But on climate disclosure and fiduciary rights, this will create regulatory confusion more than a firm barrier to sustainableinvesting.
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