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Released ahead of Climate Week NYC and the upcoming COP29 climate conference, the new statement was coordinated by the founding partners of climate-focused investor network The Investor Agenda, including the Asia Investor Group on ClimateChange, CDP, Ceres, Investor Group on ClimateChange, Institutional Investors Group on ClimateChange, Principles (..)
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/ -
It also called for the implementation of “ambitious” national biodiversity strategies and action plans that support the targets relating to nature, water and biodiversity-related challenges contributing to and stemming from the climate crisis in their NDCs, in line with the Global Biodiversity Framework.
In the meantime, 80% of the world’s wastewater is returned to the environment untreated (UNEP, 2016). Finally, the CDP has estimated that the cost of inaction on water risks is up to five times the cost of action.
Nevertheless, progress by the UNFCCC has been steady – a milestone was achieved at COP21 in Paris with the creation of the Non-State Actor Zone for Climate Action, now the Global Climate Action Portal (GCAP), that highlights actions non-state actors are taking to address climatechange.
Failure to focus on water-related issues risks derailing efforts to combat climatechange and biodiversity loss. The UN has previously said that water and climatechange are “inextricably linked”, with the latter “exacerbating” both water scarcity and water-related hazards, such as floods and droughts.
Standardising nature data Non-profit disclosure platform CDP has declared its intent to align with the TNFD framework, signalling a significant expansion of its purview, which previously focused on climate, deforestation, and water security, but is broadening to encompass biodiversity and plastic pollution.
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including GRI, Sustainalytics, ISS ESG, CDP, Diginex, Esgaia and Normative. . More scrutiny is needed on the companies that remain in the coal sector, with accountability for their impacts.
In March 2021, the Align project was also launched, led by the United Nation’s Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) and funded by the European Commission.
As negotiations unfolded at the Bonn ClimateChange Conference earlier this month, the politicisation of an existential and global threat was clear to see. What made negotiators’ incremental progress even more frustrating was that the squabbling was underpinned by the realities of a rapidly warming planet.
At this stage, harmonisation is more important than perfection,” says Amir Sokolowski, Global Director of ClimateChange at environmental disclosure platform CDP. . Climate capital . Global mangrove forests sequester around 22.8 Global mangrove forests sequester around 22.8
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