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Morgan Stanley Softens Climate Targets

ESG Today

Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the global economy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C C above preindustrial levels.”

Net Zero 118
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At COP28, Influential Investors, Companies, and Policymakers To Call for Greater Global Ambition and Accelerated Action To Limit Temperature Rise and Achieve a Net Zero Economy

3BL Media

The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the global economy. COP28 presents an opportunity to raise our global ambition and action. The world is facing unprecedented impacts from a warming planet.

Net Zero 113
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CA100+ Flags “Missing Link” Between Words and Climate Action

Chris Hall

Climate Action 100+ (CA100+) has warned that carbon-intensive companies are not progressing fast enough to align with the objectives of the Paris Agreement, supporting the rationale for its revised engagement strategy.

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Bloomberg To Host Transition Finance Action Forum on September 19 in New York City

3BL Media

Meeting the goal of the Paris Agreement to limit global warming requires the global economy to transition to net-zero – an undertaking that requires immediate, decisive, and collaborative action across governments, financial institutions, companies, and other stakeholders. “The

Net Zero 100
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Beware the Green Swan

Chris Hall

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.

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Investors Demand Comprehensive Plans at COP29

Chris Hall

A letter from 534 financial institutions representing US$29 trillion in assets under management called for policy action in five areas to accelerate private sector investment in a “ just transition to a climate-resilient, nature-positive, net-zero economy”. NDCs are expected to play a central role at this year’s COP.

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Business welcomes The Glasgow Climate Pact: We Mean Business Coalition statement

We Mean Business Coalition

The Glasgow Climate Pact represents a vital step in our shared efforts to keep global warming to 1.5 °C C and implement the Paris Agreement and will be welcomed by the business community. It underscores the resilience of the Paris Agreement and the power of multilateralism to achieve our shared aims.