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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

There are three reasons LKAB’s announcement is big news for the global steel industry as well as the economy at large: LKAB will single-handedly contribute to greenhouse gas reductions corresponding to more than 50 percent of Sweden’s total footprint by obviating the need for blast furnaces — many of which are in other nations.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states. Overall, the world's leading banks have channelled $3.8 trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates.

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11 young professionals on the future of sustainable finance

GreenBiz

With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance. It is definitely something I will keep my eyes on.

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UN climate conference more productive than you think

Sense and Sustainability

Highlights from the climate summit There was plenty of good news worth highlighting: Global methane pledge: The U.S. and EU announced that more than 100 countries representing 70% of the global economy have signed on to participate in the Global Methane Pledge , working together to cut human-caused global methane emissions 30% by 2030.

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Shifting the Burden of Proof: Why It's Now On the Fossil Fuel Industry to Defend Itself

3BL Media

Jordan play a brilliant Bryan Stevenson in the 2019 film Just Mercy , which is definitely worth a watch if you haven’t seen it. When you compare those costs (and the long-term savings they will yield in the form of a more efficient global economy) against the costs of inaction, they show a clear choice. " #blog [link].