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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.

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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action .

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India Commits to 45% Emissions Intensity Reduction by 2030

ESG Today

The Government of India announced the approval by cabinet of a new series of 2030 climate commitments, including a pledge to reduce emissions intensity by 45% and to transition to approximately 50% electric power from non-fossil-based sources. to 3 billion tonnes of CO2 equivalent through forest and tree cover.

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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. They care as citizens, consumers and business owners.

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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Civil society organizations are gearing up to hold financial industry players accountable on the lofty commitments they made at COP26 in November. Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”. It could also delay investments needed to help mitigate the impact of climate change.”.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

IMO member states are meeting this week for critical talks to discuss how the carbon-intensive shipping industry can be regulated to meet its 2030 climate target of reducing its carbon emissions intensity by 40 percent compared to 2008 levels.

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Bloomberg Publishes 2021 Impact Report Highlighting Its Work to Mobilize the Markets and Company-wide Efforts to Fight Climate Change

3BL Media

DESCRIPTION: Bloomberg LP published its 2021 Impact Report, which outlines how the company continues to address climate change through its operations and products, philanthropy and collaborations with partners and industry peers. This in turn helps markets to better understand how climate can impact businesses and economies.