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O-I Glass Announces New Ambitious 2030 Sustainability Goals

3BL Media

Now, were taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. This year, we are going to hit many of our sustainability goals that we initially set for 2030. This aligns O-I with the target of the 2015 Paris Agreement to limit the temperature increase to 1.5

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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.

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Green steel may be a climate game-changer. Which carmakers are making the shift?

Corporate Knights

Indeed, the embedded, or production, emissions of an electric car will likely account for around 60% of total life-cycle emissions by 2030, with steel making up anywhere from 16% to 27% of that, according to the EU-based advocacy group Transport and Energy. And General Motors announced a supply agreement with U.S.

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New framework for CO2 offsets could create "cowboy carbon markets," critics warn

Corporate Knights

For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace.

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Norway Sets Goal to Reduce GHG Emissions by 70% – 75% by 2035

ESG Today

The new decarbonization goal will form Norway’s new Nationally Determined Contribution (NDC) under the Paris Agreement. NDCs are national climate action plans presented by each country under the agreement, and are required to be updated every five years with increasingly higher ambition. of the Paris Agreement.

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Meet the man most responsible for saving COP29 from irrelevancy

Corporate Knights

But that’s the mandate of Simon Stiell, the former environment minister of Grenada who is now the United Nations’ climate chief – the man most responsible for achieving the Paris Agreement goal of limiting climate change to 1.5°C With little to no power to enforce compliance, Stiell has responsibility without authority.

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Brazil Cuts Amazon Deforestation by 31%, Sets New 2035 Climate Goals

ESG Today

The new decarbonization goal, to be officially presented at the COP29 climate conference currently underway in Baku, Azerbaijan, will form Brazil’s second Nationally Determined Contribution (NDC) under the Paris Agreement. Brazil’s current NDC targets a 53% reduction in GHG emissions by 2030.