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Nature-related assessment and disclosure frameworks and standards pay insufficient attention to oceans, Romie Goedicke, Co-head of Nature at United Nations Environment Programme – Finance Initiative (UNEP FI) has said, following the release of a comparative study. SBTN is expected to release its method for oceans this year,” she said.
trillion annually required to reach net zero emissions by 2050, and adds that policies to date have focused primarily on developed markets, while emerging markets and developing economies (EMDEs) are still facing significant underinvestment. trillion in 2023, but notes that this still falls short of the estimated $4.8
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.
Remco Fischer, Climate Lead at UNEP FI, underscored the need for governments to submit “more ambitious” NDCs ahead of next year’s COP30 in Brazil, as well as the importance of a whole-of-government policy approach and industrial strategy to drive the low-carbon transition.
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/ -
” A framework for nature The TNFD recommendations and a suite of additional implementation guidance were developed from a two-year consultative process, including pilot testing by over 200 companies and financial institutions. . “TNFD is now the tool to operationalise the achievement of Target 15.”
Amir Sokolowski, Global Director for Climate Change at CDP, says the NZDPU was launched to harmonise basic data points with the RAF and GCAP created to harmonise methodology for pieces of data such as carbon emission – kickstarting a theory of change. More people will see it, consistently, and they’ll know where to point the finger.”
Water links Analysis by environmental non-profit CDP said that the financial impact of water risks, such as shortages or pollution, could reach as much as US$392 billion.
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. . Initial coverage includes an assessment universe of the most material sectors of major developed market indices. .
The biodiversity and nature data market being built by third-party providers is growing at a rapid pace, but it’s still in its nascent stages, with investors currently focused on developing their in-house assessment capabilities and supporting different initiatives on a piecemeal basis.
It was supported by an informal technical expert group, and a founding partner group consisting of Global Canopy, UNDP, UNEP FI, and WWF, to develop recommendations for more effective nature-related disclosures in order to promote more informed investment decision-making.
Over the course of this year, the UNFCCC Secretariat will work with relevant stakeholders to determine how GCAP can increase the robustness of the whole accountability system.
She argues in her consultation response that regulation won’t tackle greenwashing without a greater emphasis on enforcement. There must be clear communication that these organisations’ ratings are based on voluntary disclosure which in many cases have not been verified or measured, she said.
At this stage, harmonisation is more important than perfection,” says Amir Sokolowski, Global Director of Climate Change at environmental disclosure platform CDP. . million metric tonnes of CO2 within their roots, trunks and soil every year, according to the United Nations Environment Programme (UNEP). Climate capital .
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