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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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SDSN at the Latin America and Caribbean Climate Week

Sustainable Development Network

Prior to the UNFCCC 2015 Conference of Parties (COP) in Paris, SDSN and IDRRI, a leading European think-tank, undertook the Deep Decarbonization Pathways Project (DDPP) engaging national teams in 16 countries covering 70 percent of global carbon emissions.

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Litigation Surge Reflects Evolving Climate Duties

Chris Hall

Noting that the number of court cases being brought against companies on climate-related grounds has recently topped 2,000, the report says some plaintiffs are seeking to recover the costs of climate change itself, or the expense caused by having to adapt to it. Resort to the courts. Vital role of non-execs.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

Net Zero 147
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

They also noted the due diligence aspects of a framework that must now be implemented by all federal departments and agencies in line with the targets in the 2015 Paris climate agreement. The announcement has no impact on provincial subsidies last calculated at a minimum of $2.5 billion in 2020/21 and another $1.5

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Now or Never

Chris Hall

Global temperatures are set to hit record-breaking levels this summer, with regions of persistent high pressure creating heat domes across several southern US states in June, posing health risks to millions of Americans.

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ESG Explainer: Line of Duty

Chris Hall

In late April, the UK High Court ruled that charity trustees can consider climate change factors when making decisions over their investments, even if it means making lower returns. How should I respond to wider systemic risks – and opportunities – such as those presented by climate change?

UNEP 52