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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.

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A trillion reasons to transition off fossil fuels

Corporate Knights

Private investors in rich countries stand to lose more than a trillion dollars on stranded fossil fuel assets as climate policies slash their value, giving them a powerful interest in the transition off carbon, according to new research published in the journal Nature Climate Change. Of the US$1.4

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Ten good news stories on climate and clean energy in 2024

Corporate Knights

But its true: Canada and the world made enormous strides addressing climate change and building a cleaner economy. This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. election and news that 2024 will almost certainly be the hottest on record.

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This is why investors want financial regulators to tackle climate risk

GreenBiz

But a later book of his — "The Fifth Risk" — best explains why we were unprepared for the current pandemic and why we need a different approach to deal with threats such as climate change. . Climate change falls squarely in this category. financial regulators to take proactive steps to understand climate change.

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Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

Environmental News Bits

Even if the new well is a success, future government policies designed to slow climate change could make the project unprofitable or force it to shut down years … Continue reading Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you.

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EU Insurance Regulator Calls for Higher Capital Requirements for Fossil Fuel Assets Due to Transition Risk

ESG Today

Climate change introduces transition risks related to the decarbonization of the real economy that may raise investment losses due to stranded assets, particularly in relation to economic activities unable to adapt their business models accordingly.”

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

The day-long session focused on aligning financial policy with Canada ’ s climate goals, including federal commitments under the Paris Agreement to reduce GHG emissions by up to 45% below 2005 levels by 2030 and achieving net-zero emissions by 2050. . Treasury Department. .

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