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Expectations Going Into COP28

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the Paris Agreement took place.

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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

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$650 million investment is the biggest so far in direct air capture

Envirotec Magazine

” Formed in 2009, Climeworks is a prominent pioneer of DAC technology and describes itself as the most advanced industry player, with the world’s largest direct air capture and storage plant launched in September 2021.

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Is it time to scrap COP?

Corporate Knights

While the success or failure of COPs often boils down to the substance of final pledges agreed to by negotiators, some academics suggest that failures like the 2009 Copenhagen COP have led to successes like the 2015 Paris Agreement.

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Global $100 Billion Climate Finance Goal Expected to be Met in 2023: Report

ESG Today

The initial goal to mobilize $100 billion per year by 2020 to support climate action in developing countries was announced in 2009, and reaffirmed in 2015’s Paris Agreement, with an agreement to extend the goal through 2025.

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Net Zero Leaders Thrive on Climate Risk – Robeco

Chris Hall

Climate policy uncertainty peaked in both December 2009 during COP15 in Copenhagen – generally recognised as a low point in climate diplomacy – and in November 2015, the month before the adoption of the Paris Agreement. and 1.4%, respectively. In both instances, PMC saw a downturn in performance. .

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Aligning Finance with Climate Action

Chris Hall

c) of the Paris Agreement, seems sensible – why would we collectively pursue investments that harm people and the planet? The Paris Agreement stimulated a reckoning to align public and private finance with net zero and climate resilience. Most investments are out of sync with the goals of the Paris Agreement.