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

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

Net Zero 452
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COP26: Statement from the We Mean Business Coalition

We Mean Business Coalition

As we approach the critical final stages of COP26, the We Mean Business Coalition is calling on governments to take bold decisions to keep the 1.5°C The final COP26 outcome must therefore seize this opportunity by delivering key outcomes to drive concrete implementation this decade with the aim of halving global emissions by 2030.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

With more than one quarter of the global economy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. It is also working to introduce net-zero emissions ships in U.K.

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Observers reflect on a disappointing COP26

Envirotec Magazine

The COP26 Youth Climate Protest in Glasgow on 5 November (image credit: PMGphotog / Shutterstock.com). The announcement indicated an emphasis on “high emission sources”, which suggested oil and gas production, and the Vegan Society said it was disappointed that “there has yet to be any global commitment on reducing methane from agriculture.”.

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Three decisions governments must make to solve the nature and climate emergencies

We Mean Business Coalition

Keeping global warming to below 1.5C This will set them on course to reach net-zero emissions by 2050 at the latest. Without nature acting as a carbon sink, global temperatures would already have risen more than 1.5C In addition, nature’s contribution to the global economy could be worth $125 trillion annually.

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Setting science-based targets to combat climate change

We Mean Business Coalition

A version of this article first appeared on Harvard Business Review. . COP26 focused the attention of governments and businesses on a key targe t: limiting global temperature rise to 1.5C by halving global emissions by 2030. As of November 2021, more than 1,000 companies spanning 53 sectors in 60 countries have set 1.5