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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows

3BL Media

This report should serve as a wake-up call: we need a rapid decline in emissions starting from now – not in five years’ time – if net zero by mid-century is to remain a possibility.” This is far from achieving net zero – and breaches the Paris Agreement with a global warming result of 2.6

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Carnival Corporation Honored With Three Prestigious ESG Shipping Awards for 2024

3BL Media

MIAMI, May 23, 2024 /3BL/ - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company and its AIDA Cruises line were honored with three ESG Shipping Awards for environmental excellence at an international ceremony in Athens, Greece this week.

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Citi, BofA Join Goldman Sachs and Wells Fargo in Exiting Net Zero Banking Group

ESG Today

Launched in 2021 with Citi and BofA as founding members the Net-Zero Banking Alliance is a coalition of more than 140 banks spanning 44 countries. Bank of Americas net zero finance goal also dates to early 2021 , and the bank has also set a series of financed emissions reduction targets for key sectors.

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Green shipping corridors face a “feasibility wall”, says new report

Envirotec Magazine

The idea of green shipping corridors – referring to specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – has gained currency in recent years, but progress could stall without urgent action from governments to overcome a “feasibility wall.”

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DP World Receives Largest-Ever Vessel to the Dominican Republic, Advancing Trade

3BL Media

SANTO DOMINGO, Dominican Republic, November 27, 2024 /3BL/ - DP World , a global leader in logistics and supply chain solutions, has successfully received the MSC Marie, an Ultra-Large Container Vessel (ULCV), at the Port of Caucedo, the largest ship to ever dock in the Dominican Republic.

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JPMorgan Leaves Net Zero Banking Group, Completing Departure of Major U.S. Banks

ESG Today

JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based

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Amazon Signs Deal for Low Carbon Shipping with Maersk

ESG Today

Moller – Maersk and Amazon announced today an agreement for ocean shipping utilizing low to very low GHG emissions biofuels in place of fossil fuels. Amazon has set a goal to achieve net zero carbon emissions by 2040 across its value chain. We share a common goal with Amazon to reduce our total GHG emissions to net zero by 2040.

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