Corporate Knights

JULY 25, 2023

The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. C has not lessened; if anything, it has increased,” he says.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

MARCH 16, 2022

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. It has the potential to act like a Paris Agreement for pollution, including plastics which end up in the ocean, pushing companies to engage on the issue. We can learn from the Paris Agreement process and move fast on ocean plastics.

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UNEP Banking Paris Agreement Climate Change 98

Chris Hall

AUGUST 8, 2024

Rio Tinto , meanwhile, sold its last coal mines – both thermal and metallurgical – in 2018, and now produces no fossil fuels. This leaves it heavily exposed to reputational, regulatory and stranded-asset risk, leading many investors to avoid it. BHP sold its oil and gas business to Woodside in 2022 in an all-share deal.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

AUGUST 23, 2023

It is in many ways a starting point for the work that needs to intensify even more over the years and decades ahead of us.” The IMO’s previous 2018 target was to halve the shipping sector’s annual CO2 emissions by 2050. Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play?

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Shipping Net Zero Stranded Assets Development 81

Chris Hall

JULY 20, 2022

While Group of Seven governments are announcing grand plans , asset owners in developed markets are increasingly keen to play their part in this transition. . Around 20% of the electricity generated in Africa was from renewable sources in 2018. . In April, a Principles for Responsible Investment (PRI) ?

Net Zero 52

Net Zero Development Stranded Assets Chief Sustainability Officer 52

Corporate Knights

JANUARY 25, 2023

But in the blistering summer of 2018, there was nothing celebratory about the Rhine. The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. German industry, which uses the Rhine as a transportation lifeline, also suffered. It obliged.

Climate Change 317

Climate Change Net Zero Stranded Assets Shipping 317