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High Cost of Decarbonization, ‘Green on Green’ Conflicts Holding Back Progress on Global Net Zero Goals: KPMG Report

ESG Today

Despite progress on scaling up low carbon energy production and industrial technologies, significant barriers remain in the way of the global ambition to achieve net zero emissions by 2050 and to limit temperature rise 1.5°C,

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The incredible shrinking climate ambitions of the world's largest asset managers

Corporate Knights

While most have set net-zero targets, nearly all of the equity fund portfolios that were assessed – some 95% – are “misaligned” with the goal of net-zero emissions by 2050 that much of the world is chasing, as a tipping point in climate appears ever nearer. FinanceMap’s 2023 report analyzed $16.5 It is terrifying.

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Asian Investors Embrace Net Zero Commitments

Chris Hall

Portfolio-wide commitments to net zero emissions have surged among Asian investors, according to a new study from The Asia Investor Group on Climate Change (AIGCC). A total of 40% of survey respondents had committed to net zero emissions, compared with none the previous year. Barriers to investment.

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CBI: Green Economy soars 9% compared to UK economy’s 0.1% growth

Envirotec Magazine

The UK’s net zero economy grew 9% in 2023 according to a new report commissioned by the Energy and Climate Intelligence Unit (ECIU), with analysis provided by CBI Economics and The Data City. 1 The total gross value added (GVA) by businesses involved in the net zero economy now stands at £74 billion.

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Comment: how accessible carbon credits can drive progress towards Net Zero

Envirotec Magazine

VCM has helped fund and facilitate significant green investment initiatives. Nevertheless, an emerging topic in the global conversation on climate change and transition in 2023 has been how to effectively scale the VCM and strengthen its transparency and credibility.

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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

If companies want to do big business with the Canadian government going forward, they’ll need to prove how green they are. The federal government is pursuing new policies on procurement and low-carbon investment standards aimed at boosting the business prospects for companies committed to net-zero climate plans.

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Solar jobs are leading the clean energy surge, but a worker shortage looms

Corporate Knights

From 2019 to 2022, clean energy investment grew 33%, while the world’s GDP grew 15%, according to the International Monetary Fund. While 2023 was not a banner year for green energy stocks, which became overvalued (see Sustainable Funds guide p. trillion into clean energy solutions in 2023, up from US$1.1

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