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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

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

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

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

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ESG Explainer: Line of Duty

Chris Hall

In 2015, UNEP FI and PRI followed-up the report with ‘Fiduciary Duty in the 21 st Century’ , which analysed investment practice and fiduciary duty in eight countries: Australia, Brazil, Canada, Germany, Japan, South Africa, the UK and the US. This suggested that incorporation of ESG factors was a prerequisite of fiduciary duty.

UNEP 52
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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

C and implement the Paris Agreement and will be welcomed by the business community. C temperature goal of the Paris Agreement alive, and to ensure a just transition. . The report tracks developments across sectors covering 90% of global emissions in 2015-2021. The Pact and recent pledges keep 1.5°C

COP26 88