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Stewardship, emerging markets and supplychains will be key areas of focus within Greening Finance for Nature. The UN Environment Programme’s (UNEP) 2023 ‘ State of Finance for Nature ’ report suggested that investments in nature-based solutions (NbS) to date have been underwhelming.
Jessica Smith, Nature Lead at the UNEP FI, says it’s time for biodiversity to take its place alongside climate in investor priorities. of the ParisAgreement on Climate Change. “We UNEP FI is going to play a big role in in the year ahead in the piloting programmes to work out what this will look like.”.
Says Neil Burgess, Chief Scientist at UNEP-WCMC: “ Nature Map is a crucial new tool that can help to guide policies that tackle the twin crises of climate change and biodiversity loss together. Thus, they can play a critical role in making next year’s COP26 of the climate convention and COP15 under the biodiversity convention a success.
SDSN is proud to have contributed to Chapter 6 "Transforming food systems" of UNEP's 2022 Emissions Gap Report thanks to our FABLE Consortium scientific director Aline Mosnier. This lack of progress leaves the world hurtling towards a temperature rise far above the ParisAgreement goal of well below 2°C, preferably 1.5°C.
To stop the decline of nature and meet the ParisAgreement objectives, strategies need to be designed and implemented for better managing land use for agriculture, infrastructure, biodiversity conservation, climate change mitigation and adaptation, water provision, and other needs.
Despite this trend, commentators like Dan Carlin, UNEP FI’s Task Force on Climate-Related Financial Disclosures (TCFD) Program Lead, have made the case for further engagement with the fossil fuel industry. In fact, the total value of the institutions divesting is estimated to be US$40.5
Further, a recent report by the UN Environment Programme (UNEP) and the Sabin Center for Climate Change Law at Columbia University, showed that climate litigation is becoming an integral part of securing climate action and justice.
Yet, as the latest United Nations Environment Programme’s (UNEP) annual gap report shows, policies currently in place point to a 2.8°C Sustainability also needs to extend to the supplychain. “As There breadth of opportunity offered by the renewables transition is only now becoming apparent.
This aims to bring change to all aspects of the business and supplychain. We don’t live in such a world and so we are reliant globally on large corporates stepping up to the plate and driving actions through their value chains. We need to be supporting both actions.
Ahead of the conference, the data had been collected and analysed, with assessments delivered on the effectiveness of actions taken to date, primarily in the form of signatories’ nationally determined contributions (NDCs) to the ParisAgreement. The official verdict was clear. C of climate change by 2100. C in realistic reach.
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. These estimates have not included the gas supplychain, which CBI says is a “significant omission”.
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