Remove Article Remove Climate Change Remove Global Economy Remove Paris Agreement
article thumbnail

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

GreenBiz

In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climate change. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.".

Net Zero 452
article thumbnail

Aligning Finance with Climate Action

Chris Hall

Julie Segal, Visiting Fellow at the London School of Economics’ Grantham Research Institute on Climate Change & the Environment, outlines the c hallenges and opportunities of the Paris Agreement’s Article 2.1(c). But the reality of Article 2.1(c) Within the United Nations negotiations, Article 2.1(c)

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. These leaders understood the direct linkage between climate change and financial risk. Sponsored Article. Ateli Iyalla.

CDP 302
article thumbnail

Sustainable Finance Demands More Than Just Cutting Carbon

Chris Hall

Supporting resilience and just transition are as important as climate mitigation, says Lihuan Zhou, Associate at the World Resources Institute’s Sustainable Finance Center. Sustainable investing is a key part of curbing climate change, and the sector is showing some signs of progress. trillion from 2010-2019.

article thumbnail

‘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 297
article thumbnail

Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. Climate Change. Sponsored Article. Shipping & Logistics. Corporate Strategy.

Shipping 476
article thumbnail

UN climate conference more productive than you think

Sense and Sustainability

Editor’s Note: This article was first published by the Environmental Defense Fund, an organization focusing on creating economical policies to support clean air and water; abundant fish and wildlife; and a stable climate. The article was authored by Amanda Leland and originally appeared here. on climate action.

COP26 52