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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 It also said it would work with the broader finance sector to create a standard to measure financed emissions and support a functioning carbon offset market.

Net Zero 432
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How Your Business Can Achieve Climate Neutrality

3BL Media

degrees Celsius as a result of climate change, the UN reports that we must collectively achieve climate neutrality by 2050. Here’s what you need to know to get started right now: What Is Climate Neutrality? Climate neutrality must be accompanied by climate adaption and biodiversity strategies.

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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward net zero in advance of the 2022 United Nations Climate Change Conference (COP27). This type of agreement also helps distribute the project risks, facilitating access to finance.

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

3BL Media

DESCRIPTION: At Qualcomm, we believe we can help address the environmental, social, and economic impacts of climate change by working together across all sectors of society. How can Qualcomm technologies be used to address the climate crisis? SOURCE: Qualcomm. Why 2040 vs 2050? Why set interim goals?

Net Zero 246
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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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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 Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.