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SAP’s Journey to Net Zero 2030

3BL Media

As a global technology company supporting the vast majority of the world’s business, SAP needs to lead from the front with our ambitions and actions. Since 2009, SAP has been on a sustainability journey with the objective to create positive economic, environmental, and social impact within planetary boundaries.

Net Zero 147
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The G7 Summit 2022 Is Coming. Here's Why All Global Citizens Should Be Paying Attention

3BL Media

In the aftermath of the 1973 oil crisis , finance ministers from six of the world’s leading economies — France, Germany, Italy, Japan, the UK, and the US — formalized talks they had been having about the state of the global economy and international politics.

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Tech Offers Fast Track to Green Revenues

Chris Hall

The total value of the global green economy rose by an annual compound growth rate of around 14% over the past 12 years, said FTSE Russell, and is currently worth over US$7 trillion, accounting for 7.1% of global equity markets. Its share of the global economy will need to grow from 7%, to between 16% and 25% by 2050.

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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems

James Militzer

In 2009, developed countries committed to mobilizing US $100 billion per year for climate action in developing countries by 2020. However, many climate and SDG projects seek investments of less than $5 million, making them too small for global investors, but just right for local investors. They failed.

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Aligning Finance with Climate Action

Chris Hall

More money flows to fossil fuel-related investments than to mitigation and adaptation in over 50 global economies , which the Intergovernmental Panel on Climate Change labels a “persistent misallocation”. Most investments are out of sync with the goals of the Paris Agreement. Article 2.1(c)

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No Quick Fix to Europe’s Gas Dependency

Chris Hall

It includes a proposal for amending the 2009 Renewable Energy Directive to increase its target for renewables to 40% of its overall energy mix by 2030. Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.”.

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The Fed Cannot Fix Today’s Energy Inflation Problem

Gail Tverberg

One of the issues bringing about the 2008-2009 Great Recession was defaults related to Collateralized Debt Obligations (CDOs) and Collateralized Debt Swaps (CDSs), involving debt that had been cut into layers and resold. Financial+ will also include other small categories, such as the debt of state and local governments.

Banking 99