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3 keys for scaling nature-based solutions for climate adaptation. In Indonesia, climatechange is already a pernicious threat. And mature mangroves can store nearly 1,000 tons of carbon per hectare, thus mitigating climatechange while also helping communities adapt. Jonathan Cook. Wed, 06/17/2020 - 00:30.
So they’re a really great way to bring people in to start that conversation about climatechange,” says Jennifer Carman, one of the study’s authors and a deputy research manager with the Yale Program on ClimateChange Communication. “Games create engaging and immersive worlds. Other companies have less ambitious targets.
Risks Increased climate-related natural disasters could lower the profits of the 40 largest livestock companies by almost US$24 billion in 2030 from 2020 levels. Sources: UNEP, FAO, FAIRR, AIER, Business for Nature, Our World in Data, As You Sow, WHO, Sierra Club, ASPCA. billion in Canada.
The conclusions reached by UNEP and the University of Oxford match those of an ongoing series of economic reports by Vivid Economics and Finance for Biodiversity, which has been tracking the "greenness" of different countries' recovery packages since the outbreak of the pandemic. ClimateChange. Of the $14.6 Pull Quote.
Methane is a primary component in natural gas and a contributor to climatechange. Why is reducing methane emissions so important to climatechange mitigation? This powerful warming effect causes experts to believe that cutting methane emissions is critical to mitigating climatechange.
” The latest Food Waste Index Report (2024) , compiled by the United Nations Environment Programme (UNEP) and co-authored by WRAP, found that the world wastes over a billion tonnes of food – one fifth of all food available to consumers at the retail, food service and household level annually.
climate action and investments, as public and private sector leaders raise their ambition, deliver on commitments, implement policies to capitalize on the opportunities in the necessary transition to a zero emissions future, and ensure public finance to support adaptation and resilience for developing nations. November 3, 2022 /3BL Media/ -
Food loss and waste contributes to climatechange, accounting for 8-10% percent of annual global greenhouse gas emissions — if food loss and waste were a country, it would be the third biggest emitter of greenhouse gases. Data from the UNEP shows that some 60% of food waste happens in peoples’ homes.
“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.
The investor statement sets out a series of key “Asks of Governments,” calling for key actions including enacting economy-wide public policies such as submitting 2030 and 2035 targets by 2025 that are aligned with limiting global temperature rise to 1.5°C, trillion in 2023, but notes that this still falls short of the estimated $4.8
Risks Increased climate-related natural disasters could lower the profits of the 40 largest livestock companies by almost US$24 billion in 2030 from 2020 levels. Sources: UNEP, FAO, FAIRR, AIER, Business for Nature, Our World in Data, As You Sow, WHO, Sierra Club, ASPCA. billion in Canada.
Co-created by the International Union for Conservation of Nature (IUCN), the IOC and the United Nations Environment Programme (UNEP), in collaboration with the Secretariat of the Convention on Biological Diversity (CBD), the Sports for Nature Framework aims to deliver transformative action for nature across sports, by 2030 and beyond.
Investors are warming to opportunities stemming from climatechange, and other takeaways from COP28. COP28, the latest United Nations Conference of the Parties on climatechange, delivered mixed results on some key agenda items but provided new insights into climate-related opportunities and the initiatives needed to implement them.
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. The post New Investment Models Needed for Net Zero Goals Warns UNEP FI’s Carlin appeared first on ESG Investor.
Project evaluation conducted under the methodologies will provide a unique window into the heat reduction benefits of mitigating these pollutants over climate-critical timeframes including 2030, 2040 and 2050, as well as over longer-term time horizons. Today’s announcements are only the beginning,” said Gallagher.
New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On. Zeroing in on net zero.
We have to minimize the risk of extreme wildfires by being better prepared: invest more in fire risk reduction, work with local communities, and strengthen global commitment to fight climatechange” said Inger Andersen, UNEP Executive Director. Wildfires and climatechange are mutually exacerbating.
DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climatechange. Climatechange inequality, contributors and sufferers, has been a key agenda item at COP for many years.
The number of litigation-arbitration climatechange related cases is on the rise. As of 1 July 2020, the number of cases had nearly doubled, with at least 1,550 climatechange cases filed in 38 countries, according to the UNEP Global Climate Litigation Report. Investor-state arbitration.
The recent IEA report and UNEP gap report on net zero pathways have noted how difficult it will be to achieve the 1.5°C C climate goal. It is therefore welcome that the upcoming FAO roadmap report will look at both climatechange and food security together. A credible 1.5°C C goal within sight.
The global economy relies on the health of the ocean, says Dennis Fritsch, Project Coordinator, Sustainable Blue Economy Finance at the United Nations Environment Programme Finance Initiative (UNEP FI). UNEP FI is working towards integrating the use of sustainable finance practices in support of ocean health by the global financial community.
The investor-led initiative will be advised by UNEP and is backed by the Archbishop of Canterbury, Archbishop of Cape Town and the UN-convened Principles for Responsible Investment (PRI). It will further attempt to identify where existing ESG data can be consolidated, so investors and corporates can align.
Nature loss exacerbates climatechange, undermines food security and puts people and communities at risk. Nations reaffirmed their commitments to the Kumming-Montreal Global Biodiversity Frameworks (KMGBF) strategic vision and global ambition of halting and reversing biodiversity loss by 2030.
Ambitious action The investor statement recommended measures including enacting economy-wide public policies to ensure that 2030 and 2035 targets in NDCs align with the goal of limiting global temperature rise to 1.5°C.
The latest UNEP Emissions Gap Report found that as a global society we still do not have a credible pathway to achieve our common goal of limiting global temperature increase to 1.5°C. C increase– to do this requires a reduction in GHG emissions of 50% by 2030 on a path to net zero by 2050. A key takeaway from COP27?
This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. When it comes to government, Usher is also positive about the progress made in terms of climatechange policy, but he has caveats.
The UN University estimates that by 2030, there will be a 40% gap between water demand and availability. In the meantime, 80% of the world’s wastewater is returned to the environment untreated (UNEP, 2016). Water availability and water quality are declining globally.
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.
New study appears to find that a tripling of current investments into nature-based solutions is needed by 2030 to tackle the climate crisis, otherwise there will be a $4 trillion financing gap. If we do not save nature now, we will not be able to achieve sustainable development,” said UNEP Executive Director, Inger Andersen.
The Main Plenary stage served as a forum for the kinds of cross-sector conversations that are necessary to solve complex problems like climatechange and food insecurity. Moving on from taking stock of these issues, today’s programme delved into the shifts and transformations that industry will undergo to address them. Looking Ahead.
Climatechange mitigation remains important, but the need to finance adaptation measures is becoming urgent, says Lindsey Stewart, Director of Investment Stewardship Research, Morningstar. “I I don’t believe in fairytales or sermons or stories about money, baby sister, but thank you for the cigarette.”
New research from climate think tanks suggests that “immediate, transformational changes” across every sector are needed by 2030. C are far behind the “pace and scale” required, with experts calling for policymakers to close the global gap in climate action at COP28 later this month.
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. We estimate around 25 are responsible for 40% of our financed emissions out of our almost 500 [investee] companies,” she said.
With this in mind, the ICMA has now released blue finance guidelines to try and drive similar success in that market in collaboration with the International Finance Corporation (IFC) – a member of the World bank Group, United Nations Global Compact, United Nations Environment Programme Finance Initiative (UNEP FI) and the Asia Development Bank.
Rising recognition of the vulnerabilities of EMDEs to climatechange is increasing focus on scaling blended finance opportunities. It also included the introduction of the Loss and Damage Fund , which aims to help the most climate vulnerable EMDEs cover the costs of climatechange’s physical impacts.
Targeted investments are required to save our cities from the climate-related risks flagged by the IPCC. The effects of climatechange aren’t limited to distant ice caps. It’s therefore vital that cities are built or renovated to be more sustainable and resilient in the face of climatechange-induced extreme weather events.
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. billion fund.
Addressing system-level risks and considering climate goals is not only permitted but may be required by existing investor duties and obligations. Consequently, investment portfolios may remain exposed to sustainability risks from climatechange.
Jam open the closing window – The UN Environment Programme’s Emissions Gap Report 2022 was the most sobering of the many pre-COP27 analyses published this week, highlighting the inadequacy of our efforts to tackle the causes of climatechange. Current pledges will nudge global warming down from its present 2.8°C C course to 2.5°C
Overlooked in most reports was HM Treasury’s conclusion that “any policy intervention from government to change fiduciary duty would be undesirable”, despite its acknowledgement of “a lack of clarity” around how the concept interacts with “sustainability and climatechange considerations” among pension trustees.
Increased private sector funding seen as critical to acceleration of investments to meet climatechange, biodiversity and land degradation targets. . The report also estimates that NbS investment flows should rise to US$484 billion per annum by 2030. .
Last week over 5,600 delegates from 190 countries gathered at the headquarters of the UN Environment Programme (UNEP) in Nairobi for the sixth session of the United Nations Environment Assembly (UNEA-6). In just six years, signatories are expected to have put in place actions to deliver the GBF’s 23 global targets for urgent action.
Nature-based infrastructure solutions can influence 79% of all targets across the Sustainable Development Goals, highlighting the critical role nature can play in advancing sustainable development, climate action and biodiversity conservation, according to a new report by the UN Environment Programme (UNEP), UNOPS, and the University of Oxford.
Noting that the number of court cases being brought against companies on climate-related grounds has recently topped 2,000, the report says some plaintiffs are seeking to recover the costs of climatechange itself, or the expense caused by having to adapt to it. Resort to the courts. Vital role of non-execs.
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