Environmental News Bits

NOVEMBER 10, 2022

Download the document. In the years after the call for a balance between sinks and sources of emissions in the Paris Agreement became the concept of “ net zero”, thousands of cities, regions, companies and financiers formed a voluntary groundswell and swung behind the concept.

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Net Zero Paris Agreement 40

Chris Hall

OCTOBER 3, 2024

Highlighting significant risks posed by the degradation of nature to the economy and financial system, the document proposes a new policy tool, based on the UK Climate Change Committee’s Net Zero Pathways , giving the private sector clarity and guidance on how it can contribute to national and global environmental targets.

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Net Zero Paris Agreement Development Climate Change 98

Chris Hall

NOVEMBER 6, 2024

Focusing on climate, the first stage involves a careful analysis of the company’s net zero transition plan and whether it is meeting its targets as verified by a third-party agency such as Science-Based Targets initiative, a voluntary climate programme that confirms emission reduction pledges.

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Paris Agreement Net Zero Supply Chains Supply Chain 80

Chris Hall

JULY 12, 2023

“The climate agenda is being undermined.” The Sharm El Sheikh Implementation Plan – the final agreed statement published at the end of COP27 – noted that financing the global transition to net zero will require annual investments of between US$4-6 trillion; global investment in energy transition technologies reached US$1.3

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Paris Agreement Net Zero Banking Development 97

Corporate Knights

MARCH 20, 2023

C The summary points to a “substantial emissions gap” between countries’ emission reduction promises under the 2015 Paris Agreement—even if they all keep their promises—and a pathway that would deliver even 50-50 odds of limiting warming to 1.5°C. The dangers of overshooting 1.5°C Overshooting 1.5°C

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Chris Hall

JULY 8, 2022

New report warns that legacy airlines are lobbying against climate package while publicly supporting net-zero targets. . This might come in the form of increased regulatory stringency for other sectors as policymakers attempt to keep the Paris Agreement targets within reach.?Alternatively,

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Paris Agreement Net Zero Climate Change 52

Chris Hall

JUNE 22, 2022

The United Nations has intensified scrutiny of financial institutions, with its Race to Zero (RTZ) campaign issuing tougher criteria and Secretary General Antonio Guterres saying fossil fuel companies and those that finance them “have humanity by the throat.” . The picture is mixed across the industry and within sectors.

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Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

SEPTEMBER 8, 2023

Climate Action 100+ (CA100+) has launched the Net Zero Standard for Diversified Mining to provide its signatories and investors with a “transparent, systematic, and evidence-backed” engagement tool.

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Net Zero Climate Change Paris Agreement Global Economy 64

Capaccio Environmental

JANUARY 11, 2024

The 2023 United Nations Conference of the Parties (COP28) marked the first Global Stock take to assess progress toward the Paris Agreement since its ratification in 2015 at COP21. However, the document still provides insight into the direction of the climate action landscape of the coming decade. What’s Next?

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Paris Agreement Net Zero Climate Change Development 52

Chris Hall

NOVEMBER 25, 2022

Different tactics required across region for institutional investors looking to hold corporates to account on net zero strategies. Investors have called for increased engagement with Asian corporates on the adoption of net zero transition strategies,” said Rebecca Mikula-Wright, CEO of Asia Investor Group on Climate Change (AIGCC).

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Envirotec Magazine

SEPTEMBER 30, 2021

The paper has been launched in advance of COP26, where the rules on the operation of carbon markets set out in Article 6 of the Paris Agreement are scheduled to be agreed, with significant implications for the current and future price of carbon.

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Chris Hall

APRIL 19, 2024

The UK’s Transition Plan Taskforce (TPT) hit a significant milestone last week with the release of its final set of transition plan resources to help businesses mobilise finance for the net zero transition. At the end of its formal mandate, the taskforce plans to publish a document setting out a forward pathway.

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Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

DECEMBER 12, 2023

of the Paris Agreement will realise the potential of carbon markets globally, but progress remains slow. Finalisation of Article 6.2, Supervisory Body has been discussing the operationalisation of the promised international carbon crediting mechanism, including underpinning methodologies and greenhouse gas (GHG) removals guidance.

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Paris Agreement Net Zero Carbon Offsets Banking 75

Chris Hall

MAY 24, 2024

Building on foundational work launched last year, the Climate Bonds Initiative (CBI) partnered with the Institutional Investors Group on Climate Change (IIGCC), the Sustainable Markets Initiative (SMI), the Glasgow Financial Alliance for Net Zero (GFANZ) and Climate Art to put the document together. C scenario.

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Net Zero Paris Agreement Global Economy Development 75

Chris Hall

SEPTEMBER 15, 2023

Research shows that directing finance towards nature-related themes and nature-based solutions could provide around a third of the climate mitigation needed to reach the goals set out in the Paris Agreement. The benchmark also publishes an Investor Guidance document which financial institutions can use in their stewardship activities.

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Paris Agreement Banking Climate Change Net Zero 72

Chris Hall

MARCH 24, 2023

In order to reduce greenhouse gas emissions to net zero by 2050, Switzerland has decided on self-regulation with the Swiss Climate Scores. They aim to be forward-looking indicators, showing the extent to which, the portfolio is on track to meet the target of net zero emissions by 2050 and meet the Paris Agreement goals.

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Net Zero Paris Agreement Logistics Development 52

Chris Hall

JUNE 23, 2023

A selection of this week’s major stories impacting ESG investors, in five easy pieces.    This week, world leaders attempted to update the post-war global financial architecture to better support the goals of the Paris Agreement and the UN Sustainable Development Goals.

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Net Zero Paris Agreement COP26 Development 52

Chris Hall

AUGUST 11, 2023

GW of capacity by 2050, which will require US$7 billion in investment, and PLN planning to develop additional renewable energy plants as a means of achieving its 2060 net zero target. Renewables commitments Tenaga and PLN have also made progress in their commitments to renewable energy, with Tenaga targeting 14.3

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Net Zero Paris Agreement Climate Change Development 52

Chris Hall

OCTOBER 20, 2023

Established under Article 14 of the Paris Agreement , the Global Stocktake is designed “to assess the collective progress towards achieving the purpose of [the Paris] Agreement and its long-term goals. What is the purpose of the Global Stocktake? But the Global Stocktake is meant to go far beyond an assessment.

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Paris Agreement Climate Change Zero Carbon Development 59

Chris Hall

AUGUST 24, 2023

Carmen Nuzzo , Executive Director of the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), told ESG Investor that ASCOR will allow investors to track sovereigns’ efforts toward their net zero targets and the national determined contributions (NDCs) to which they’ve committed by signing the Paris Agreement in 2015.

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Climate Change Paris Agreement Net Zero Development 52

Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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Net Zero Paris Agreement UNEP Development 84

GreenBiz

NOVEMBER 16, 2020

Business action, supported by government regulations, investments and incentives, is absolutely critical for transitioning to net-zero emissions by 2050. Commit to a net-zero GHG reduction target by 2050, or sooner, across the entire value chain. What business can do about climate justice.

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Net Zero Climate Change Paris Agreement Development 486

Chris Hall

FEBRUARY 28, 2025

UK banks, on the other hand, followed their transatlantic counterparts in weakening alignment of their business models with net zero objectives. NatWest and Barclays both dropped climate targets from their bonus schemes for senior executives, while HSBC pushed back its net zero ambitions by 20 years.

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Net Zero Banking Paris Agreement Climate Change 80

Envirotec Magazine

SEPTEMBER 23, 2019

Non-profit organisation’s report describes actions that would gear the buildings and construction sector towards a net zero future, through elimination of embodied carbon emissions. It is only then the industry will shift its approach, and we can move towards net zero carbon emissions.

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Envirotec Magazine

DECEMBER 1, 2022

This is especially fitting as the conference is taking place seven years after the signing of the Paris Agreement – a legally binding international treaty that commits countries to limiting global warming to below 2 (and preferably below 1.5) degrees Celsius. Putting scope 3 emissions in the spotlight.

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Paris Agreement Net Zero Supply Chains Supply Chain 98

We Mean Business Coalition

MAY 19, 2023

Net Zero Economy As the G7 Summit begins in Japan, a report out this week shows that the wider G20 group has avoided backsliding on climate despite the rush to boost energy security following Russia’s invasion of Ukraine last year. The US has risen up the rankings thanks to the Inflation Reduction Act.

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Net Zero Decarbonize Paris Agreement Waste 52

Chris Hall

APRIL 22, 2022

Global index, data and analytics provider FTSE Russell has partnered with the Japan Exchange Group (JPX) and JPX-owned subsidiary JPX Market Innovation and Research to launch the FTSE JPX Net Zero Japan Index series. It consists of two indexes, the FTSE JPX Net Zero Japan 500 index and the FTSE JPX Net Zero Japan 200 index.

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Corporate Knights

DECEMBER 13, 2023

The COP28 decision text, released Wednesday morning, included language about “transitioning away from fossil fuels in energy systems” and “reducing both consumption and production of fossil fuels in a just, orderly and equitable manner so as to achieve net zero by, or before, or around 2050 in keeping with the science”.The

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Net Zero Climate Change Paris Agreement Development 313

Chris Hall

OCTOBER 14, 2022

As an increasing number of countries finalize their national adaptation plan documents (NAPs) and make more detailed, ambitious commitments in the adaptation components of their NDCs, the global focus is shifting from planning to implementation — and not a moment too soon. Scale up support for adaptation. Established under Article 7.1

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COP26 Paris Agreement Net Zero Development 52

Chris Hall

JUNE 26, 2024

Financial institutions should be legally required to align their activities with the goals of the Paris Agreement ahead of next year’s COP30, a senior UN figure said during London’s Climate Action Week. Under the Paris Agreement, countries must ratchet up their emissions reduction targets, known as NDCs, every five years.

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Paris Agreement Net Zero Climate Change Clean Technology 64

Envirotec Magazine

JULY 6, 2021

Finance will obviously be the enabling factor in making the kind of transition that is required, so it’s a problem if accounting systems continue to act as if nature is “free to use”, a key issue pinpointed earlier this year by The Dasgupta Review , hailed at the time as a landmark document. Low-hanging fruit?

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Chris Hall

MARCH 17, 2023

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. If all goes to plan, the key messages will be released Monday.

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Net Zero Paris Agreement Divestment Climate Scientist 52

Chris Hall

JUNE 30, 2023

Around two-thirds (1,557) of cases have been filed since the Paris Agreement was established in 2015. The report found that the country is far and away the country with the highest number of documented climate litigation cases, with 1,590 in total, followed by Australia with 130 cases, and the UK with 102.

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Envirotec Magazine

JANUARY 17, 2020

As the slipping of climate targets continues, it’s becoming increasingly clear that cutting emissions won’t be enough to keep global temperature increases below the 2ºC target enshrined by the 2015 Paris agreement. Is it happening? In September, the Washington-based Energy Futures Initiative , founded by former U.S.

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Chris Hall

NOVEMBER 30, 2022

The document noted that other project types – like seaweed conservation and kelp farming – require additional research and the development of new carbon methodologies “which are under development”. . The blue carbon guidance currently covers projects involving mangrove forests, seagrass meadows and salt marshes.

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Climate Change Net Zero Paris Agreement Development 52

ESG Today

NOVEMBER 21, 2022

The final agreement, however, was not more ambitious than last year’s COP26 document, removing the 2025 peak emissions goal at the last minute, and only reiterating the goal of limiting temperature increase to 1.5°C. According to COP26 President Alok Sharma, even maintaining last year’s progress proved challenging.

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Climate Change COP26 Paris Agreement Net Zero 98

We Mean Business Coalition

JANUARY 10, 2024

The lack of gender diversity in national delegations at the climate talks and the failure of the COPs to focus on women’s issues, even though women suffer more from the impacts of climate change, have been well documented. The post The Pope Is Right, We Need More Women Leaders appeared first on We Mean Business Coalition.

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