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For decades, the climate crisis has been a theme in apocalyptic movies and television shows, as well as a whole subgenre of books known as “cli-fi.” Many of the large tech companies that manufacture games and consoles, such as Microsoft, Apple and Google, have committed to reaching net-zero by 2030.
While this may shuffle assets off one company’s books, the world’s carbon emissions keep climbing, risking our safety, security and economic well-being. C above pre-industrial levels, according to the United Nations Environment Programme (UNEP). The markets alone cannot ensure this happens in a fast and equitable way.
The Science Based Targets initiative ’s (SBTi) much-anticipated Financial Institutions NetZero (FINZ) standard is expected to place banks under more pressure to increase their climate-related transparency and ambition.
C of global warming, 50% of all existing buildings need to be netzero by 2040, increasing to 85% by 2050, according to the International Energy Agency. Do they divest so the poorly performing assets are no longer on their books? In order for the real estate sector to decarbonise in line with 1.5°C Hunziker said. .
Just prior to COP26, the UN Environment Programme (UNEP) launched the International Methane Emissions Observatory (IMEO) to improve the accuracy and public transparency of human-caused methane emissions. The signatories recognised that rapid action on methane is an essential complement to cuts in CO2 and other greenhouse gases (GHGs).
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