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First in Flight: American Airlines Is Leading the Airline Industry on a Science-Based Journey to Net-Zero Emissions

3BL Media

Today, the airline is proud to share that the Science-Based Targets initiative (SBTi), a coalition that defines and promotes best practices in emissions reduction targets, has approved American’s 2035 target as consistent with levels required to meet the goals of the Paris Agreement. What this means. What else you should know.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.

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Climate scientists express their views on possible future climate scenarios in a new study

Science Daily / Earth & Environment

A new survey of climate experts reveals that a majority believes the Earth to be headed for a rise in global temperatures far higher than the 2015 Paris Agreement targets of 1.5 It also shows that two-thirds of respondents believe we may succeed in achieving net zero CO2 emissions during the second half of this century.

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Net Zero Progress by Firms and Governments “Still Too Slow”

Chris Hall

Companies that wait to transition until there is a stronger policy response will face higher costs and a shorter window to achieve net zero commitments. Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C,

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Enbridge Welcomes New UN Flagship Report on Climate Change

3BL Media

DESCRIPTION: Society must move more forcefully to combat global warming, the world’s top climate scientists warned Monday in a new report that says existing solutions and innovation offer hope—but not without action. Global temperatures will stabilize when carbon dioxide emissions reach net zero, the report says. .

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Climate Talks: Dennis Onono on the Potential Offered by Innovative Sustainable Technology Projects in Africa

3BL Media

There has been a shift recently: more and more countries are working on Article 6 of the Paris Agreement, specifically on making sure that they have the necessary plans, capabilities, and instruments in place to attract the potential investments that market-based mechanisms under Article 6 can provide.

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Take Five: IPCC Chair Issues Spoiler Alert

Chris Hall

A selection of this week’s major stories impacting ESG investors, in five easy pieces. Investors and policymakers signalled mixed progress in their support for net zero transition this week, ahead of a critical report from scientists.