Chris Hall

MARCH 15, 2024

Alliance extends net zero targets to capital markets activities, as frameworks provide more tailored approach for banks’ transition strategies. The new capital markets targets will come into effect from 1 November 2025, while the rest of guidelines’ updated second version is effective from 22 April. billion from Barclays.

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Net Zero Paris Agreement Banking UNEP 59

Sustainability Matters

NOVEMBER 22, 2023

As the world experiences record global temperatures and greenhouse gas emissions, the latest Emissions Gap Report from the UN Environment Programme ( UNEP ) found that current pledges under the Paris Agreement put the world on track for a 2.5–2.9°C For the 1.5°C C goal, emissions need to be cut by 42%.

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Paris Agreement Net Zero UNEP Development 40

Chris Hall

DECEMBER 13, 2023

Climate adaptation finance is also important for risk management of net zero assets, according to the UK’s Green Finance Institute. With adaptation finance flows remaining dangerously low to meet climate goals, has COP28 made a difference? Developed countries have also been asked to prepare a report on doubling by COP29.

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UNEP Climate Change Net Zero Development 64

Chris Hall

NOVEMBER 22, 2023

The UN Environment Programme’s (UNEP) 2023 Emissions Gap Report – aptly titled ‘Broken Record’ – clearly states that the world is a long way from limiting global warming to 1.5°C Adaptation bonds are among the potential vehicles for private investment, but policy action is still needed at COP28.

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UNEP Climate Change Net Zero Development 92

Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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Net Zero Paris Agreement UNEP Development 84

Chris Hall

JUNE 1, 2022

Just prior to COP26, the UN Environment Programme (UNEP) launched the International Methane Emissions Observatory (IMEO) to improve the accuracy and public transparency of human-caused methane emissions. The signatories recognised that rapid action on methane is an essential complement to cuts in CO2 and other greenhouse gases (GHGs).

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Paris Agreement COP26 Waste UNEP 52