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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supply chain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later. Pull Quote. Finance & Investing.

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Corporations promise to go deforestation-free – again

Corporate Knights

A laundry list of corporate pledges and climate solutions are on discussion boards here, and one message comes up again and again: there is no meeting Paris Agreement climate targets without halting forest loss. . It’s all part of the drum-beating prelude to the 27th UN climate summit taking place in Egypt this November. There are 1.6

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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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Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

At COP26, in November 2021, states agreed on a series of rules to govern market-based activities under Article 6 of the Paris Agreement. Communities at risk. Article 6 sets out co-operative approaches that countries can take to reach their climate targets, including through the use of market mechanisms such as carbon markets.

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How to Engage With Suppliers to Join the 1.5°C Journey

3BL Media

Nearly three months after COP26, and six years after the Paris Agreement of 2015, why has so little happened to combat climate change, and how can businesses take action? We have just closed the doors behind COP26, yet another gathering of the big players of the world. In light of the newly launched 1.5°C Read the 1.5°C

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ICYMI, Opportunity Narrows on Meeting Paris Agreement Goals

Chris Hall

Focused on mitigation, the report noted that progress on the alignment of financial flows towards the goals of the Paris Agreement remained slow, with tracked climate finance flows distributed unevenly across regions and sectors. . trillion, warned that “only a very small window remains to meet the goals of the Paris Agreement”.

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

Chris Hall

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. Back then, I wouldn’t have believed that we would come so far in international collaboration on climate change, such as the Paris Agreement,” he said.