This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.
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.
And climatechange remains a big one. . More specifically, Amazon's air shipping business, which along with its entire global logistics supply chain juggernaut is booming. . A startup called Infinium announced it has raised a round of funding including backing from Amazon's Climate Pledge Fund. Katie Fehrenbacher.
The climate-change argument is central to the LNG debate in Canada. It is impossible to justify expanding LNG trade if the resulting production and consumption of natural gas would be inconsistent with efforts to mitigate the growing climate crisis. The climate-change argument is central to the LNG debate in Canada.
One of the largest shipping groups in the world, A.P. Moller-Maersk, has withdrawn its board member from an industry organisation after a decade, for reasons understood to be related to climatechange. According to sources, the reason is believed to surround the trade association's stance on climatechange.
In a nutshell: Even if we achieve the goal of the ParisAgreement and limit global warming to 1.5 degrees celsius above pre-industrial levels, existing climatechange will still stress water as resource around the world. Lenovo developed NeptuneTM liquid cooled solutions to recycle loops of warm water to cool the system.
DESCRIPTION: As one of the world’s greatest challenges and global disrupters, climatechange impacts us all. Tapestry and our brands are responding to the urgent call for collective action and doing our part to mitigate climate-related risks to our business, our people and the communities where we live and work.
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.
The Future of Global Shipping with Sustainable Aviation Fuel Aviation continues to pose an ongoing headache when it comes to the climate crisis. The Future of Global Shipping with Sustainable Aviation Fuel appeared first on Impakter. Impakter Clean Skies Ahead? Flora Tucker
Additionally, the Intergovernmental Panel on ClimateChange (IPCC) provides a methodology used for GHG inventories , including industrial processes, transportation, and energy use. Our Air Emissions Management team and our ClimateChange Advisory team are here to help get you answers, so reach out today!
The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climatechange will have on the backbone of the German economy. Historically, some 40% of the raw materials entering the site do so by freight ships. The river’s water was too warm to effectively cool BASF’s reactors. On the face of it, it is.
A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on ClimateChange (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.
Since then, the asset manager backed two proposals at the annual general meetings of both Chevron and Exxon, related to the manner these companies conduct themselves in relation to ParisAgreement targets. If the European Union agrees on a border price for carbon, what should it be? Why do this?
The solutions needed to abate the remaining quarter of emissions are among the most challenging to scale: biofuels in shipping and aviation; hydrogen in industry and transport; and carbon capture and storage in industry and power. This is far from achieving net zero – and breaches the ParisAgreement with a global warming result of 2.6
DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward net zero in advance of the 2022 United Nations ClimateChange Conference (COP27). Four Ways Development Agencies Can Advance Carbon Markets.
Shippers and skippers call for global carbon tax to fund mitigation of ocean collapse and climatechange. Guy Platten, secretary-general of the International Chamber of Shipping has told world media this week that the industry is ready to act. ” Globally the ocean shipping sector is a big carbon emitter.
The two combined heat and power (CHP) plants are linked to the grid, the district heating system, and have their own harbours, enabling them to act as hubs for the handling and shipping of carbon and green fuels. Carbon captured at the plants will be shipped to the Northern Lights storage reservoir in the Norwegian part of the North Sea.
Businesses around the world are facing stringent sustainability targets, from the ParisAgreement[1] – a legally binding international treaty on climatechange – to decarbonisation strategies that aim to significantly reduce or eliminate carbon dioxide (CO 2 ) and other greenhouse gas (GHG) from the atmosphere.
This is a key finding of a new scientific report, “The Ocean as a Solution for ClimateChange: 5 Opportunities for Action” , published on 23 September at the UN Secretary-General’s Climate Action Summit in New York. Decarbonising domestic and international shipping and transport – which could cut up to 1.8
The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climatechange,” as the G20 defined the term in 2009.
There is little evidence of US asset managers jumping ship – at 59 signatories, they represent the second largest contingent behind the UK. Regional Fora – from August to October to guide the development of comprehensive five-year plans due next year, which must bring the world back in line with the ParisAgreement.
With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?
The IPCC, the UN’s climate research body, recently found that the world is currently on track for temperature increases more than double the 1.5°C C goal set in the ParisAgreement. Intuit ranks first among Software companies for its work to address climatechange. The company set a verified 1.5°C
According to the latest Intergovernmental Panel on ClimateChange (IPCC) Report, the world is already 1.1°C C hotter than preindustrial levels, and unfortunately, the global climate crisis continues to grow increasingly dire 3. Keeping warming to 1.5°C
From the super-heated factories needed to make steel and cement to the dirty fuel powering container ships and airplanes, these industries are known as Hard-to-Abate sectors. Many countries’ national strategies to meet the ParisAgreement on emissions reduction do not address hard-to-abate sectors. of global GDP by mid-century.
times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the ParisAgreement in 2015, the 60 largest banks have instead invested $5.5 trillion USD in fossil fuels.
C, as specified by the ParisAgreement, and to ensure access to affordable, clean, and reliable energy to all, as specified by SDG 7. According to the Intergovernmental Panel on ClimateChange (IPCC)’s 2019 Special Report on ClimateChange and Land , the pace of decarbonization needed to meet the 1.5°C
COP28 offers a historic opportunity to drastically change course on climatechange. This year’s COP28 in Dubai is the most important since Paris eight years ago. The chorus of voices calling for change is growing louder, and the world’s leading companies are ready and willing to act. C temperature limit.
The pension fund has invested its passive equity portfolio in the FTSE TPI Climate Transition index, which uses forward-looking data from the Transition Pathway Initiative (TPI) to assess companies’ alignment with the ParisAgreement and net zero aims. A shifting engagement focus.
Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the ParisAgreement – holding global warming to well below 2°C and avoiding the worst impacts of climatechange – and what it would take to get there.
These are some of the findings of the Corporate Climate Stocktake (CCST), led by We Mean Business Coalition, and supported by the UN Climate Champions and Bain & Company. Our process was launched in May in support of the Global Stocktake (GST) process – the UNFCCC led report card on progress since the ParisAgreement.
How to Set Business Targets That Help Address ClimateChange (Photo by Andreas Gücklhorn on Unsplash ) This article by Matthew Lynch , Rob Klassen , and Chelsea Hicks-Webster is part of “ The Basics ” series by the Network for Business Sustainability (NBS) that provides essential knowledge about core business sustainability topics.
It is a key defence against climatechange. Such long-term ocean technology infrastructure is another investable opportunity, with increased open ocean knowledge offering multiple pathways to improve logistics, green shipping, and coastal resilience planning – to name just a few.
Science-based emission reduction targets aligned with the ParisAgreement gave us, and thousands of other companies, a useful framework to understand how and where we need to reduce emissions. For the climate, while the benefits of making an EV transition are significant, they are also a little more complex to achieve.
Having the privilege to shape our distribution channel means I am not only confident in technically supporting our partners as they pave the way for their customers, but I am also confident every hardware that gets shipped out will incorporate Circular Design Principles by 2025.
The five day online event brought together 74 global technical experts and world-leading scientists, engineers, and innovators from business, academia, and civil society to share knowledge and showcase solutions to maximize climate commitments in the wake of the ParisAgreement. DAY 1: WORLD LEADERS SUMMIT Session 1A.
Ahead of the conference, the data had been collected and analysed, with assessments delivered on the effectiveness of actions taken to date, primarily in the form of signatories’ nationally determined contributions (NDCs) to the ParisAgreement. UN ClimateChange’s NDC synthesis report found they would collectively only deliver a 5.3%
The 17-member group is chaired by Catherine McKenna, a former Canadian Minister of Environment and ClimateChange. . “We Also speaking at the meeting, Executive Secretary Simon Stiell said the utility would be developed in partnership with the UN Framework Convention on ClimateChange?(UNFCCC),
billion) in AuM – will continue to collaborate with the NZAOA on engagement topics and will stay in close contact, CoEPB Director of Climate and Environment Laura Hillis told ESG Investor , adding that the CoE’s endowment fund (US$10.3billion in assets) – managed by the Church Commissioners for England – will remain part of the NZAOA.
A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climatechange, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. We had the “Day of reckoning” for big oil. ESG trends in 2022: Net-Zero ambition.
The Article 9-compliant fund aims to contribute towards climatechange mitigation, while supporting the long-term development of economies through sustainable infrastructure and the provision of clean, affordable energy. SUSI Partners , a Swiss fund management firm with €1.7
This week, scientists observed that global warming is turning the world’s oceans green, underlining the urgent need for the shipping industry to set ambitious GHG emission targets. Attempts to impose a levy on GHG emissions from international shipping to fund climate action were delayed after two weeks of talks.
At the time it seemed like an outlandish pledge that garnered little faith, including from former Executive Secretary of the UN Framework Convention on ClimateChange, Dame Christiana Figueres — who Bezos approached to work with, and who famously didn’t believe him at first. Beating the ParisAgreement’ is a huge statement to make.
A new idea for tackling climatechange emerged last week from the Group of Seven (G7) leaders’ summit in Bavaria, backed by Germany, which holds the forum’s revolving presidency. The extension of ETS will target a 61% reduction in emissions by 2030, partly by expanding to include maritime shipping.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content