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Accelerating Climate Action

3BL Media

Upon the team’s return from the UAE, we sat down to gather their impressions from the historic event and hear how they plan to accelerate action in 2024. Q: At the conclusion of COP, delegates agreed to what is being called “the UAE Consensus,” an agreement that begins to lay the groundwork for transitioning away from fossil fuels.

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‘First nail in the coffin’ for fossil fuels at COP28

Corporate Knights

“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.

Net Zero 303
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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

“Nevertheless, we are still not where we need to be when it comes to the global energy transition and meeting our climate goals. If we are to have any chance at reaching our Paris Agreement objectives and remaining on a 1.5°C

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

Net Zero 147
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ESG Explainer: The Blue Economy

Chris Hall

With the global economy heavily reliant on ocean health, a sustainable future is paramount. To date, the ocean and its ecosystems have provided significant benefits to the global community, including climate regulation, coastal protection, food, employment, recreation and cultural well-being.

UNEP 98
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Nasdaq Maintains a High Position in Chartis RiskTech100 Rankings

3BL Media

Nasdaq is proud to have won the 2024 RiskTech100 awards for its Market, Anti-Financial Crime, and Capital Access Platforms. Anti-Financial Crime Market abuse, fraud, and money laundering is an enormous problem across the globe that costs trillions of dollars and contributes to systemic risks to the global economy.

Banking 147
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Is the IMO Turning the Tide on Transition?

Chris Hall

Impact assessments for the fuel standard and emissions pricing will be carried out over the course of 2024. The Clean Shipping Act would direct the US Environmental Protection Agency (EPA) to set increasingly stringent carbon intensity standards for shipping fuel by 2040, in line with the goals of the Paris Agreement.