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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. billion last year. of materials cycled.

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Lombard Odier, Systemiq Launch New Sustainable Investment Platform

ESG Today

Global wealth and asset manager Lombard Odier Investment Managers (LOIM) and sustainability-focused system designer and developer Systemiq announced today a new partnership to launch holistiQ Investment Partners, a new sustainable investing platform within LOIM.

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Solutions at the Heart of COP22

Sustainable Development Network

The 22nd United Nations Framework Convention on Climate Change (UNFCCC) session of the Conference of the Parties (COP22) successfully brought together climate experts, NGOs, and high-level government delegates to operationalize the Paris Agreement, which entered into force on November 4, 2016.

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What is the Science-Based Targets initiative (SBTi)?

Sphera

In 2016 the earth’s average temperature was the warmest since recordkeeping began in 1880. The scientific community holds strongly recommends that the average global temperature increase must be limited to increase be limited to 1.5 °C That record was matched in 2020. Why Should Companies Pursue Science-Based Targets (SBT)?

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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems

James Militzer

Today, a massive climate and Sustainable Development Goal (SDG) financing gap still persists — and even after the SDGs and Paris Agreement laid out a critical role for the private sector in 2016, the subsequent years have brought only modest increases in private investment mobilization. They failed. trillion — up from $2.5

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The analysis, " Banking on Climate Chaos 2021 ," underscores that while overall fossil fuel financing did tumble significantly in 2020, the total amount of financing provided to fossil fuel firms in 2020 was still more than $40 billion higher in 2020 than in 2016, at $750 billion. Overall, the world's leading banks have channelled $3.8

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

The steel industry contributes directly to 7% of all global greenhouse gas emissions. In 2016, the HYBRIT project was launched as a joint venture between utility Vattenfall , iron ore producer LKAB and steelmaker SSAB. Both Vattenfall and LKAB are owned by the Swedish state, while SSAB was privatized in 1994.