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DESCRIPTION: This week, the UN Global Compact Network UK is convening expert business, government, and civil society leaders to explore how businesses can implement nature-based solutions and the principles of a circular economy to scale holistic action on netzero! Register Now!
Hundreds of companies and investors including nearly 300 asset managers with a combined $68 trillion in assets have made netzero commitments. We’ve seen another record year of deadly, extreme weather events that are costing us lives, impacting vulnerable communities, and amassing hundreds of billions of dollars in damages.
Although minerals are critical to a netzero future, ongoing environmental and social abuses cannot be ignored, urges Brumadinho community representative. It will further attempt to identify where existing ESG data can be consolidated, so investors and corporates can align.
After years of negotiation, the fund, which will launch in 2024, received pledges of more than US$700 million from countries at the event. This is well below the US$387 billion a year that developing countries need, according to the United Nations Environment Programme (UNEP)’s Adaptation Gap Report.
The future of his Glasgow Financial Alliance for NetZero was in question after media reports that major US banks were threatening to quit rather than accept legal risks that might arise from tougher membership rules. I’m not a scientist,” he said, at an event hosted by the New York Times. But not his attitude to business.
The event, held both virtually and in person at the Marriott Panama Hotel in Panama City on October 26, brought together key stakeholders to explore innovative technological solutions aimed at accelerating the decarbonization of the region's transport sector.
According to the UN Environment Programme – Finance Initiative (UNEP FI), the finance sector has ground to make up too, albeit at least some of the responsibility for this also sits with governments. Private sector investment in nature had swollen to US$102 billion by May 2024, an eleven-fold increase on May 2022, apparently.
It’s therefore vital that cities are built or renovated to be more sustainable and resilient in the face of climate change-induced extreme weather events. “As However, the focus has been on how to build back better after a climate-induced event has already occurred,” says WBCSD’s Hunziker. How strong are the materials used?
The ‘ Nature Target Setting Framework for Asset Managers and Asset Owners ’ seeks to provide guidance to investors in establishing targets and directing financial resources in line with the mission of the GBF, aiming to protect 30% of terrestrial and marine habitats by 2030.
C increase over pre-industrial temperatures was hanging by a thread at the end of COP26, subsequent economic and geopolitical events appear to have dealt a blow to those ambitions – at least in the short term. Yet, as the latest United Nations Environment Programme’s (UNEP) annual gap report shows, policies currently in place point to a 2.8°C
Sticking point – The G20 failed to agree on the phasing down of fossil fuels, leaving climate scientists and environmental campaigners frustrated amid weeks of extreme weather events around the globe demonstrating the escalating climate crisis.
The UN Environment Programme (UNEP) says: “This vulnerability is driven by the prevailing low levels of socioeconomic growth in the continent. UNEP wants to see more investment diverted towards supporting African countries in meeting their nationally determined contributions (NDCs). This is the case in Africa.”.
billion in 2024, as companies transition from venture capital to bank loans and other funding sources ( NetZero Insights ). Adaptation finance represents just 10% of global climate finance ( UNEP ), while investments in nature-based solutions and biodiversity remain underfunded despite their crucial role in combating climate change.
Analysis from the United Nations Environment Program (UNEP) concludes that a 45% reduction in global methane emissions by 2030 is essential to limiting global warming to 1.5 Our compensation is tied to performance, including annual goals to reduce both the intensity and the number of events where methane could be emitted.
At COP26, the FABLE Argentina team participated in the side event ' Is it possible to achieve carbon neutrality for the AFOLU sector in Argentina? ', hosted by Euroclima+ and presented their modelling results, as part of their collaboration with Argentina's government to develop its Long-Term Strategy on Energy and Climate Change 2020-2050.
In January, an investor-led initiative was launched to address systemic risks in the mining sector to ensure a just transition to netzero, partly in reaction to a string of mining-related disasters that have generated despair and distrust from local communities and untold environmental damage.
“It was fascinating to see the wide range of innovative solutions each student team created when posed the same challenge: to design an IoT device that will help the world reach netzero,” said Jeff Harris, Vice President of Portfolio and Corporate Marketing at Keysight, who also served as a judge and co-sponsor of the Keysight Innovation Challenge.
Just prior to COP26, the UN Environment Programme (UNEP) launched the International Methane Emissions Observatory (IMEO) to improve the accuracy and public transparency of human-caused methane emissions. The signatories recognised that rapid action on methane is an essential complement to cuts in CO2 and other greenhouse gases (GHGs).
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