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G7 Leaders Support Development of Global Sustainable Disclosure Standards

ESG Today

Leaders of leading industrial nations at the Japan-hosted G7 summit in Hiroshima made a series of announcements in support of their Paris Agreement commitments to limit global temperature rise to 1.5°C,

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IFRS Chair: Global Sustainability and Climate Reporting Standards to be Released in June

ESG Today

But this time because there is such an urgency – we have the Paris Agreement, we have a lot of pressure from the markets, from NGOs – everybody feels that we must move forward.” If you are a business leader, be ready to report on both in 2024.” And that’s a good point to keep in mind. “If

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Dutch Pension Fund Draws Line in Sand for Fossil Fuels

Chris Hall

Pensioenfonds Zorg en Welzijn (PFZW) has announced it will stop investing in companies in the fossil fuel sector that do not commit to the Paris Agreement and ambitions outlined at COP26. Setting a 1.5°C

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Global Reporting Initiative Publish Standard to Address Sustainability Impacts of Coal

3BL Media

The Sector Standard for Coal enables comprehensive and comparable disclosure on: How companies respond to climate change mitigation demands , as reflected in the Paris Agreement, including plans to transition away from coal mining. GRI 12 comes into effect for reporting from January 2024, with early adoption encouraged.

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6 Key Tasks at COP27

Chris Hall

At the closing of COP26 in Glasgow in 2021, one of the headline questions centered on how countries would address the need for finance to address loss and damage , those impacts from climate change that are so severe communities are simply unable to adapt to them. Finance must scale significantly to support adaptation needs.

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COP28 UAE Key Takeaways

3BL Media

Global Stocktake COP28 witnessed the first-ever “global stocktake” under the Paris Agreement, and for the first time in a COP history there was a decision that explicitly calls for “transitioning away from fossil fuels”. The surge in attendance, doubling since COP26, can be attributed to heightened private sector engagement.

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Take Five: In the End, a “Beginning”

Chris Hall

Nexus noted – The global focus on one sub-clause of the official response to the first Global Stocktake obscured other potentially significant elements of the 21-page agreement, not least its strong acknowledgement of the climate-nature nexus.

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