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NZBA Sets More Ambitious Climate Targets

Chris Hall

Founded in April 2021 by UNEP FI, the NZBA has 143 members overseeing US$74 trillion in capital. trillion towards fossil fuel expansion since the 2015 Paris Agreement. More than 50% of NZBA’s members had to vote and two thirds of votes cast had to be in favour for the updates to pass. billion from Barclays.

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UN report: current climate efforts not enough

Sustainability Matters

As the world experiences record global temperatures and greenhouse gas emissions, the latest Emissions Gap Report from the UN Environment Programme ( UNEP ) found that current pledges under the Paris Agreement put the world on track for a 2.5–2.9°C For the 1.5°C C goal, emissions need to be cut by 42%.

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COP27: A Breakthrough for People and Planet

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 this year’s landmark developments and future prospects. Human activity is overloading the natural carbon cycle.

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UN: Pandemic causes dip in building emissions, but long-term outlook bleak

Envirotec Magazine

While the level of emissions within the sector are 10 per cent lower than in 2015, reaching lows not seen since 2007, this was largely due to lockdowns, slowing of economies, difficulties households and businesses faced in maintaining and affording energy access and a fall in construction activity. per cent compared to 2019.

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Litigation Surge Reflects Evolving Climate Duties

Chris Hall

According to the UNEP Global Climate Litigation Report , more than 1,500 cases had been filed in 38 countries by July 2020. The number of cases is widely recognised as having doubled since 2015.

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ESG Explainer: Line of Duty

Chris Hall

In 2005, a group of investment managers organised under the UN Environment Programme Finance Initiative (UNEP FI) commissioned law firm Freshfields Bruckhaus Deringer to publish a report , ‘A Legal Framework for the Integration of ESG Issues into Institutional Investment’. How does fiduciary duty relate to sustainable investment?

UNEP 52
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‘Transnational Exchange’ Influencing Climate Litigation Outcomes

Chris Hall

Further, a recent report by the UN Environment Programme (UNEP) and the Sabin Center for Climate Change Law at Columbia University, showed that climate litigation is becoming an integral part of securing climate action and justice.