Remove 2023 Remove Climate Change Remove Paris Agreement
article thumbnail

New framework for CO2 offsets could create "cowboy carbon markets," critics warn

Corporate Knights

For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace. “We

article thumbnail

How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leading the Way To Net-Zero: Lenovo’s Science-Based Emissions Reduction Targets and 2050 Net-Zero Strategy

3BL Media

Originally published in Lenovo's 2023/24 ESG Report Lenovo has responded to the Science Based Targets initiative (SBTi)s urgent call for corporate climate action by committing to align with 1.5C campaign, an official partner of the United Nations Framework Convention on Climate Change (UNFCCC) Race to Zero campaign.

Net Zero 173
article thumbnail

Brazil Cuts Amazon Deforestation by 31%, Sets New 2035 Climate Goals

ESG Today

The new decarbonization goal, to be officially presented at the COP29 climate conference currently underway in Baku, Azerbaijan, will form Brazil’s second Nationally Determined Contribution (NDC) under the Paris Agreement.

article thumbnail

OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

Ahead of COP29, report calls for systemic risks of climate change to be viewed through both real economy and financial sector lens. Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.

article thumbnail

Sofidel Among CDP Leaders for the Fight Against Climate Change and Deforestation

3BL Media

Sofidel has once again been recognized by CDP – one of the main independent organizations for measuring and reporting environmental performance globally – for its commitment to fighting climate change and deforestation.

CDP 147
article thumbnail

Breakthrough International Agreement Reached at COP29 to Advance Global Carbon Market

ESG Today

Delegates at the ongoing UN Climate Change Conference (COP29) achieved an important breakthrough on the first day of the event in Baku, Azerbaijan, reaching consensus on standards for the creation of carbon credits under Article 6.4 of the Paris Agreement, key for advancing the establishment and growth of a global carbon market.