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S&P Global Sustainable1 and the UN Environment Programme (UNEP) announced today the launch of Nature Risk Profile, a new methodology aimed at enabling companies and investors to assess and analyze companies’ nature-related risks, including impacts and dependencies on biodiversity.
Climate risk tools available to financial institutions suffer from shortcomings in data inputs and scope, despite recent consolidation and technology innovation, according to a new report by the UN Environment Programme Finance Initiative (UNEP FI).
Ahead of a second round of negotiations on a global plastics treaty in Paris this week, the UN Environment Programme (UNEP) laid out an action plan for business and government to end the planet’s enormous pollution problem. Here are six of its system-changing solutions. modern-day “milkmen” for consumer goods).
Environment Program World Conservation Monitoring Centre (UNEP-WCMC) produced for the Global Commission on Adaptation. According to the Commission’s Adapt Now report — which builds on UNEP-WCMC’s research — three crucial steps are needed to make this happen: 1. Raise understanding of the value of nature.
The UN Environment Programme Finance Initiative’s (UNEP FI) has opened a new risk centre centralising its resources on climate and nature risks, aiming to help members better identify and manage the ones that are financially material. Its activity will take different forms.
The paper identifies five core green policy areas that policymakers should focus on — green energy, low-carbon transport, natural capital, green building upgrades and green research and development (R&D) — and highlights successful green spending programs to date. billion on green research and development and $35.2 Of the $14.6
Consumption in “developed” countries has led to massive-scale logging of the Earth’s forests , leaving just 3% of the world’s ecosystems intact. For example, trees are the Earth’s carbon storehouse but the United Nations Environment Program (UNEP) estimates that 10 million hectares of forests are lost each year.
Originally published on bloomberg.com Bloomberg today announced the launch of a first-of-its-kind tool that investors can use to assess the potential impact of a company’s business on any of the United Nations’ 17 Sustainable Development Goals (SDGs). 3 trillion per year for developing countries ( UN Sustainable Development Group ).
Researchers say that players can also develop a feeling of control in games they don’t get from other mediums, as they make decisions that drive the narrative forward. “I So much so that the United Nations Environment Programme (UNEP) has recognized the power of video games as a communications tool to spread environmental messages.
According to two recent reports from Goldman Sachs, the cost of developing fossil fuels has surpassed the cost of renewable energy projects. These developments are critical. C above pre-industrial levels, according to the United Nations Environment Programme (UNEP).
UNEP Report Calls for a ‘Step Change’ in Adaptation Investments. The UN Environment Programme (UNEP) has issued its annual Adaptation Gap Report, which provides a science-based assessment of the global progress on adaptation planning, financing, and implementation.
Nature-related assessment and disclosure frameworks and standards pay insufficient attention to oceans, Romie Goedicke, Co-head of Nature at United Nations Environment Programme – Finance Initiative (UNEP FI) has said, following the release of a comparative study. SBTN is expected to release its method for oceans this year,” she said.
Business and financial markets information service provider Bloomberg announced today the launch of a new data mapping and materiality assessment tool, aimed at enabling investors to assess the potential impact of a company’s business on any of the UN Sustainable Development Goals (SDGs), and to support impact integration in portfolios.
The recent approval by the Integrity Council for the Voluntary Carbon Market (ICVCM) of three REDD+ methodologies for issuing high-integrity carbon credits is a watershed advancement in developing a next generation VCM that delivers results for climate, nature and people.
The Biodiversity Benchmark , developed in partnership with The Biodiversity Consultancy and Conservation International and supported by Sappi, will enable companies to understand their impacts and dependencies on nature in their materials sourcing strategies, chart a pathway to delivering positive biodiversity outcomes, and benchmark their progress.
” The latest Food Waste Index Report (2024) , compiled by the United Nations Environment Programme (UNEP) and co-authored by WRAP, found that the world wastes over a billion tonnes of food – one fifth of all food available to consumers at the retail, food service and household level annually.
Olam developed an Integrated Impact Statement (IIS) to create a way for the company to understand how business and investment decisions impact natural, social and human forms of capital. Olam International, a major food and agri-business company, provides an interesting example of the true cost accounting approach in action.
“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.
But though a major technological change of this nature comes with challenges, it also creates an opportunity to develop more inclusive approaches to ensure that no one is left behind. Employment data from Kenyan companies that shared data with UNEP indicates that women participate more in EV companies than in ICE businesses.
The UN Environment Programme Finance Initiative (UNEP FI) and the Finance for Biodiversity Foundation (FfB) are developing a framework which will look to "operationalise" nature positive concept and standardise definitions and investment approaches.
Speaking at ESG Investor’s inaugural Stewardship Summit, UNEP FI’s Head of Climate Risk says transition finance flows to developing economies are too low to meet net zero targets. The post New Investment Models Needed for Net Zero Goals Warns UNEP FI’s Carlin appeared first on ESG Investor.
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including UNEP FI, ISS ESG, ISSB, Xpansiv and Carbon Trust. Carbon Trust says the platform will be further developed to support companies with carbon footprinting, target setting and value chain analysis.
DUBAI, United Arab Emirates, November 28, 2023 /3BL/ - Ahead of COP28, the UNEP-convened Climate and Clean Air Coalition (CCAC), The Global Methane Hub (GMH) and Delterra are proud to announce their partnership to reduce methane emissions in the Global South. Learn more at: [link] and connect with us on LinkedIn & Instagram.
From the 2023 Sustainable Development Goals Summit and Climate Week NYC to the UN’s climate change conference COP 28 , the collective goal is to unite people worldwide to steer passion and innovation into tangible climate action solutions. We can develop these qualities within your existing teams too.
Co-created by the International Union for Conservation of Nature (IUCN), the IOC and the United Nations Environment Programme (UNEP), in collaboration with the Secretariat of the Convention on Biological Diversity (CBD), the Sports for Nature Framework aims to deliver transformative action for nature across sports, by 2030 and beyond.
Signatory commitments included transitioning insurance and reinsurance underwriting portfolios to net-zero GHG emissions by 2050, through areas including underwriting criteria and guidelines, engagement with clients, the development of insurance solutions for low-emission and zero-emission technologies and nature-based solutions, among others.
Among market-led developments, the Institutional Investors Group on Climate Change finalized its guidance on climate solutions , while several firms predicted the emergence of financial products, including exchange-traded funds, that claim to address the physical risks of climate change.
Jessica Smith, Nature Lead at the UNEP FI, says it’s time for biodiversity to take its place alongside climate in investor priorities. Smith says: “There have been some delays in the calendar, but that means there has been much more engagement with different actors around developing the (GBF).
The United Nations Environment Program (UNEP) is working to develop an international legally binding agreement to address plastic pollution and the INC process is the vehicle used to negotiate and deliver such an agreement.
ISS ESG has applied its wealth of experience in measuring physical and transition-related climate risks, regulatory alignment, and much more, to develop a broad and deep dataset, to help streamline banks’ EBA Pillar 3 ESG reporting.” These metrics include, among others, portfolio-level Implied Temperature Rise.
trillion annually required to reach net zero emissions by 2050, and adds that policies to date have focused primarily on developed markets, while emerging markets and developing economies (EMDEs) are still facing significant underinvestment. trillion in 2023, but notes that this still falls short of the estimated $4.8
The global economy relies on the health of the ocean, says Dennis Fritsch, Project Coordinator, Sustainable Blue Economy Finance at the United Nations Environment Programme Finance Initiative (UNEP FI). UNEP FI is working towards integrating the use of sustainable finance practices in support of ocean health by the global financial community.
The UN Environment Programme Finance Initiative (UNEP FI) has called on G20 countries to de-risk nature investments and support the development of biodiversity credits.
Blended finance vehicles can help asset owners achieve impact in emerging markets and developing economies. . Given that impact investments are made with the intention to generate positive, measurable social and environmental impact alongside financial returns, developing markets are target regions.” .
Nature-based infrastructure solutions can influence 79% of all targets across the Sustainable Development Goals, highlighting the critical role nature can play in advancing sustainable development, climate action and biodiversity conservation, according to a new report by the UN Environment Programme (UNEP), UNOPS, and the University of Oxford.
During the Intergovernmental Negotiating Committee, in the Republic of Korea, representatives from UN member countries are gathering to develop international laws on plastic pollution. For the first time, we have been able to measure tiny particles, as small as 0.03 Notes [1] Data was collected during the 60,000km long Race route.
It was developed in consultation with international climate experts and peer-reviewed by the Scientific Advisory Panel of the Climate and Clean Air Coalition (CCAC), convened by UNEP. Today’s announcements are only the beginning,” said Gallagher. Several new methodologies are in the pipeline.
Officials from the India Meteorological Department attributed the length of the unrelenting heat wave, ironically, to what is commonly seen as a marker of urban “development”: a boom in (heat-trapping) high-rises. B y the middle of April, Mumbai had recorded its highest temperature of the last 15 years, approaching 40°C.
C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On. It is a now problem,” said Inger Andersen, Executive Director of UNEP. “To per cent off predicted annual greenhouse gas emissions in 2030, compared to the previous round of commitments.
CEET members convened at the Africa Climate Week to discuss low carbon energy and green technology pathways for economic development in Africa. Every year, RCWs will be held across the regions of Africa, Latin America and the Caribbean, Asia-Pacific and the Middle East and Northern Africa.
The investor-led initiative will be advised by UNEP and is backed by the Archbishop of Canterbury, Archbishop of Cape Town and the UN-convened Principles for Responsible Investment (PRI). It will further attempt to identify where existing ESG data can be consolidated, so investors and corporates can align.
As the enabler for transparency on sustainability impacts, Global Reporting Initiative has an important role in the debate, as demonstrated by the new Climate Change and Energy Standards currently under development. Malcolm Glenn, GRI US Policy Consultant, will also attend.
According to organizers, the World Biogas Association (WBA): “The event represented a historic milestone for the Brazilian biogas industry and marked the start of the development of a National Biogas Roadmap with the support of WBA.”
The UN Environment Programme’s (UNEP) 2023 Emissions Gap Report – aptly titled ‘Broken Record’ – clearly states that the world is a long way from limiting global warming to 1.5°C Twenty-four percent of assessed countries said they have developed a NAP, and 46% intend to do so in the near future.
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