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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But there’s still time to take action if countries pick the right decarbonization options and scale up fast.

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A deep dive into the rise of non-financial reporting and what it means for business

We Mean Business Coalition

The company data produced by non-financial reporting helps investors to identify which companies are investing in the clean energy transition and can highlight gaps in action which may lead to stranded assets and hence costs. Therefore, there is a greater likelihood the companies will be better at reporting on these emissions.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The policy won’t affect money that has already gone out the door or commitments that have already been signed, there is no published calculation of the future subsidies that will now be foregone, and the documents provide no cost figures for 129 non-tax measures that could be shifted as a result of this week's announcement.