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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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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.

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All Systems go for Net Zero

Chris Hall

This means the companies are on a pathway to net zero, according to a third-party assessment, but that’s not necessarily the same as targeting net zero by 2050 and may not be consistent with the remaining carbon budget. It may, for example, include predictions on new forms of technology or substantial use of carbon offsets.”

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Keeping on the Straight and Narrow

Chris Hall

Existing voluntary climate-related reporting guidance – such as that provided by the Task Force on Climate-related Financial Disclosure (TCFD) and Climate Action 100+ (CA100+) – will inform the TPT’s efforts. . Throwing down the gauntlet . The latter is known as the ‘4 P’s’: pledge, plan, proceed and publish.

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Energy Transition Accelerator

Chris Hall

The ETA will create a new class of carbon offsets that either represent investments in EMDE renewable energy projects or converted reductions in emissions from the power sector (such as coal-fired electricity). trillion by 2030, to boost resilience and deal with the loss and damage caused by climate change impacts. .

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Mitigating social impact in a low-carbon Singapore

Eco-Business

The global fight against climate change is gradually gaining momentum, with countries like Canada, China, Germany, India, Japan, and the EU reaffirming commitment to the Paris Agreement, and more than 80 mayors in the US confirming that they will continue with agreed guidelines.