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$29 Trillion Investor Coalition Urges Government Policies Including Mandatory Climate Reporting, Sectoral Transition Strategies

ESG Today

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 Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors Group on Climate Change, Principles (..)

Net Zero 134
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Investors Demand Comprehensive Plans at COP29

Chris Hall

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.

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Guarding the Lifeline: Understanding the Importance of Source Water Vulnerability Assessment

3BL Media

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.

UNEP 130
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UNFCCC on the Edge  

Chris Hall

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 climate change.

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TNFD Vital to “Operationalise” GBF’s Target 15

Chris Hall

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.

CDP 64
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This Week’s Tech and Tools News: GRI Publishes New Coal Standard

Chris Hall

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.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

As negotiations unfolded at the Bonn Climate Change 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.