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Are lawyers and accountants doing enough on climatechange? When it comes to the climate crisis, it’s not just what you make and sell, it’s what you do, and for whom you do it. According to the group’s scorecard , Vault 100 firms: litigated 286 cases exacerbating climatechange (versus three cases mitigating it).
Coming at the end of what is going down as the hottest year on record, it was easy to feel that the annual meetings of signatories to the 1992 UN Framework Convention on ClimateChange (UNFCCC), plus the circus of non-governmental organizations, lobbyists and negotiators that has grown up around them, have failed to deliver.
This article was first published in Edie. In the face of the climate crisis – an emergency defined by vast scales, distant forecasts, and complex scientific data – storytelling offers something that facts alone cannot: emotional resonance and personal relevance. It’s time to change that.
Reaching the 2015 ParisAgreement goals requires bold action from all sectors and levels of our society. In this refreshed, robust definition, a strategy for “Net-Zero” greenhouse gas emissions can earn its capital letters if it is: Fully-scoped , Science-based , ParisAgreement-compliant and Cumulative. Peter Boyd.
Following two weeks of intensive negotiations, the COP29 climate conference in Baku, Azerbaijan ended with an agreement to triple climatechange-related finance flows to developing nations to $300 billion annually over the next decade, and with significant progress towards the development of international carbon markets.
In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climatechange. "We If you want to know what HSBC's stance on climatechange really is, look at what they fund, not their fluffy marketing," he added. Sponsored Article.
Beyond raising funds, the foundation aimed to raise awareness about the potential for digital technologies to address climatechange, as well as their potential negative impact. A ParisAgreement for blockchain. Like the ParisAgreement, this broad pact is pathway-agnostic. Energy & Climate.
It first entered the climate justice lexicon back in 1992, during negotiations leading to the original United Nations Framework Convention on ClimateChange (UNFCCC), when the Alliance of Small Island States (AOSIS) submitted a proposal for a financial mechanism to address loss and damage from sea level rise.
This article originally appeared on Ensia.In degrees Fahrenheit) above average preindustrial temperatures in order to avert the worst of Earth’s climate emergency. 2015, 195 countries adopted an international treaty aiming to limit global warming to less than 2 degrees Celsiuc (3.6
Ahead of COP29, report calls for systemic risks of climatechange to be viewed through both real economy and financial sector lens. Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.
And climatechange remains a big one. . Driving Change. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Amazon aims to clean up aviation. Katie Fehrenbacher. Wed, 01/27/2021 - 02:00. The aviation sector in a pandemic has 99 problems. Supply Chain.
Instead, it envisages a treaty akin to the 2015 Parisagreement on climatechange, which addresses greenhouse gas emissions. There is no equivalent provision in the Parisagreement. The Parisagreement includes a similar request with regards to adapting to climatechange.
When experts at CDP, a nonprofit that tracks sustainability commitments, surveyed 479 food and ag companies , only 75 reported having emissions commitments in line with the ParisAgreement. In May, the World Resources Institute warned of regenerative ag’s " limited potential to mitigate climatechange." Sponsored Article.
3 keys for scaling nature-based solutions for climate adaptation. This article originally was published in World Resources Institute. In Indonesia, climatechange is already a pernicious threat. Countries around the world can harness the power of nature to adapt to climate impacts. Sponsored Article.
The Swedish Energy Agency and Rwanda's Ministry of the Environment have signed a Memorandum of Understanding on emissions trading under Article 6 of the ParisAgreement. The next steps are to agre.
Behind climatechange, the biggest threat to the Great Barrier Reef is poor water quality. Behind climatechange, the biggest threat to the Great Barrier Reef is poor water quality. HSBC’s climate commitments include investing at least $750 billion in sustainable financing over the next 10 years. Sponsored Article.
“If the Competition Bureau’s inquiry confirms that RBC’s statements are misleading and false, RBC could be forced to stop advertising itself as supporting the principles of the ParisAgreement and aiming to achieve net-zero emissions targets by 2050.”. This article is republished from The Energy Mix. Read the original article.
are facing growing pressure to clean up their lobbying activity, with a host of institutional investors this week issuing an urgent call to 47 of the largest greenhouse gas emitters to disclose how their corporate advocacy aligns with the most ambitious climate goals of the ParisAgreement. Carbon intensive companies in the U.S.
dissertation in microelectronics to an entirely different field: climatechange. "I Even with decarbonizing the electric and transportation sector, to reach long-term goals of the ParisAgreement, the United States would need an 80 percent reduction from 2005 levels in economy-wide emissions by 2050. Energy & Climate.
From a climatechange perspective, steelmaking is considered one of the "hard-to-abate" sectors. Looking forward, with customers, investors and policymakers increasing pressure to adhere to the ParisAgreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. Sponsored Article.
Wall Street is driving the climate crisis, and if banks want to be part of the solution, they have to start by being transparent about the extent to which they're currently part of the problem. "We Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Finance & Investing.
This article is sponsored by Trucost, part of S&P Global. The Task Force on Climate-related Financial Disclosures (TCFD) is helping to bring transparency to climate risk throughout capital markets, with the aim of making markets more efficient and economies more stable and resilient. . Sponsored Article. Steven Bullock.
The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climatechange and the ongoing practices of the world's leading banks. trillion to coal, oil and gas companies in the five years since the ParisAgreement was signed, it calculates. Sponsored Article.
During his two decades in Parliament, Poilievre voted in favor of the environment and climate action just 13 times, DeSmog calculates based on a comprehensive list detailing every House of Commons vote he’s made as a federal politician. This article was first published on DeSmog. Read the original story here.
Blue Zone events: WATER RESILIENCE AND CLIMATECHANGE. This SVA framework, designed to evaluate the effects of climatechange on water resources—from supply chains to distribution networks—has been applied in over 800 locations globally.
Biden already has rejoined the ParisAgreement, committed to advocating for environmental justice and rolled out a government-wide focus on racial justice. Sustainable investors were among the early voices urging companies to take action on climatechange. Sponsored Article. Contributors. Aron Cramer.
The common denominator underlying these ventures is blockchain, a digital ledger technology used for dozens of intriguing corporate applications intended to address climatechange — from tracing ingredients across supply chains to verifying, purchasing and trading carbon credits. . Energy & Climate. Sponsored Article.
Companies can drive collaborative actions towards preserving nature and reducing climate impact. This article is sponsored by Tetra Pak. SOURCE: Tetra Pak. DESCRIPTION: By Gilles Tisserand. Without immediate action and emissions reductions across all sectors, limiting global warming to 1.5 degrees Celsius will be well beyond reach.
Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the ParisAgreement in the first place. ClimateChange. Sponsored Article. Shipping & Logistics. Corporate Strategy.
How open data can help countries address climate emergency impacts. This article originally was published on World Resources Institute. By improving knowledge and data sharing across agencies and levels of government, open data also can strengthen governments’ monitoring and reporting frameworks under the ParisAgreement.
As they prepare to rachet up their climate ambition, will the next round of nationally determined contributions (NDCs) help to unlock more capital flows? NDCs are national climate action plans and targets, ushered in under the 2015 ParisAgreement. This article was originally published here on the UN PRI website.
The COP29 conference in Baku, Azerbaijan, brought together leaders, experts, and stakeholders from across the globe to tackle some of the most pressing issues surrounding climatechange. It brings together member states, private organizations, and civil society to negotiate and decide on global climate actions. What is COP?
Specifically, JPMorgan Chase announced in October that it would shape its financing portfolio in three key sectors to align with the ParisAgreement; three days later, HSBC announced its statement of net-zero ambition. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article.
Turning down a client contract to run a major PR campaign for an oil major that consistently has lobbied against climate action and has not even signaled its intention to be part of a future net-zero economy is one thing, but more clients from carbon-intensive industries do not fall quite so easily into the climate laggard category.
Courts around the world are increasingly being asked to determine whether governments and Crown corporations are doing enough to address climatechange. In the past, Canadian courts indicated climatechange fell on the other side of that line. Read the original article.
Methane is a shorter-lived greenhouse gas than carbon dioxide, but it carries about 84 times more warming potential over the crucial 20-year span when humanity will be scrambling to get climatechange under control. Read the original article here. This story first appeared in The Energy Mix.
Indices that are labelled as Paris-aligned Benchmarks (PABs) under EU rules must meet criteria for asset selection that results in the index aligning with the long-term climate goals of the ParisAgreement.
This week, dozens of corporations re-upped goals, reflecting that the private sector is internalizing what’s at stake — physically, reputationally and economically — if climatechange is left unchecked. Some of the most notable (some announced in the run-up to Climate Week) include: . Energy & Climate. Sponsored Article.
Transformation and innovation are needed in the financial system to make good on Baku agreement, says Ben Taylor, Partner, ClimateChange and Sustainability Services at EY. ESG Investor: In what way did COP29 improve the likelihood of delivery of comprehensive, investible and Paris-compliant NDCs?
DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at how international development agencies can advance carbon markets. This is the third in a three-part series exploring how Article 6 of the ParisAgreement can spur the clean energy transition.
December marks the five-year anniversary of the ParisAgreement — a turning point for the movement to limit dangerous climatechange and environmental destruction. These leaders understood the direct linkage between climatechange and financial risk. Sponsored Article. Ateli Iyalla.
DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at how the carbon finance options defined at the 2021 United Nations ClimateChange Conference (COP26) can help cut greenhouse gas (GHG) reduction costs for power utilities and large energy consumers. What are the implications of Article 6?
Amid myriad social, health and political crises, business sustainability is alive and well and living the ParisAgreement. The Institute for Sustainable Communities , which advances equitable community solutions to climatechange, has appointed Deeohn Ferris as president and CEO. Sponsored Article. Who's news.
These are climatechange, circularity, water, energy, and sustainable supply chains, to name a few. ESG topics like climatechange represent risks for many companies. This article series is sponsored by Sustana Fiber and produced by the TriplePundit editorial team. Start tracking your progress.
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