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Can fossil fuel lobbyists be barred from global climate talks?

Corporate Knights

The landmark Paris Agreement was forged in the corridors of COP21 back in 2015. Turning COP into a venue for greenwashing Oil and gas did not show up to the COP party uninvited. According to a report by the London-based NGO Global Witness, 503 fossil fuel lobbyists attended the COP26 meeting in Glasgow in 2021. As former U.S.

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Sustainability disclosures: Why we need a global reporting standard in 2022

We Mean Business Coalition

Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets. Since COP26, some of those jurisdictions (the SEC, EFRAG and International Financial Reporting Standards (IFRS) Foundation) have delivered pioneering legislative and standard-setting efforts.

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Finance Sector Net Zero Plans Must Respect Planetary Limits – SBTi

Chris Hall

A week before COP26 in Glasgow, the initiative unveiled the world’s first science-based accreditation of companies’ net-zero targets with the launch of the Corporate Net Zero Standard. Addressing greenwashing. C above pre-industrial levels.

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An Increasing Sense of Urgency

Chris Hall

Suga’s pledge was followed up at COP26 last November when current Prime Minister Fumio Kishida promised US$10 billion over the next five years to support Asia’s migration from fossil-fuel-fired to zero-emission thermal power, such as ammonia and hydrogen.

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UK Must Converge with ISSB to Avoid “Over-lapping” Rules

Chris Hall

“Ongoing support from policymakers and wider stakeholders to assist companies in reporting against ISSB will be necessary we believe, particularly for smaller companies.” The Financial Conduct Authority’s (FCA) SDRs aim to bring clarity on how the regulator will approach greenwashing, while also increasing transparency and trust in sustainable investment (..)

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UN Ramps up Pressure on Financial Institutions 

Chris Hall

Countries signed up to the Paris Agreement of 2015 set out to limit global warming to well below 2 °C and pursue efforts to limit it to 1.5°C. At the same time, the credibility of their climate strategies has been brought into question both by greenwashing scandals and recent analyses of the Paris-alignment of fund offerings. .

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Taking the Heat Out of COP27

Chris Hall

However, shortfalls in clean energy investments persist, the IEA said, noting that “if China is excluded, then the amount being invested in clean energy each year in [EMDEs] has remained flat since the Paris Agreement was concluded in 2015”. C is to remain achievable. .