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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supply chain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later. Pull Quote.

Net Zero 443
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Qualcomm's Commitment to Net-Zero Global Operational Emissions by 2040

3BL Media

These new targets build on our existing greenhouse gas (GHG) emissions reduction goal and includes interim 2030 science-based emissions reduction targets across Scopes 1, 2 and 3. is expected to: Create as many as 300,000 new green jobs by 2030. Why 2040 vs 2050? Why set interim goals? roads for one year.

Net Zero 246
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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. The goal of the JCM is to reach a cumulative GHG emission reduction of 100 million tons of CO 2 e by 2030. This type of agreement also helps distribute the project risks, facilitating access to finance.

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JetBlue Announces Science-Based Emissions Reduction Target and Strategy To Achieve Net Zero by 2040

3BL Media

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. Refreshed Carbon Offsetting Strategy. SOURCE: JetBlue Airways. Neste and World Energy.

Net Zero 130
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Navigating the Carbon Credit Markets

Carbon 49

Decarbonization is in global focus. As societies race to meet the goals set by the Paris Agreement , companies are under pressure to reduce emissions from governments, NGOs, consumers, regulators, shareholders and employees. Overall, the market for carbon credits could be worth upward of $50 billion in 2030.” .

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Carbon Capture Backed by Carbon Offsets? Given the persistent technical problems still facing CCS, that may not be likely.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

C as a “survival target” for average global warming, and the meeting recognized that the most technically achievable decarbonization options are also the most economically feasible. But there’s still time to take action if countries pick the right decarbonization options and scale up fast. The dangers of overshooting 1.5°C