article thumbnail

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

Carlos Sanchez

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size. Introduction.

article thumbnail

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

GreenBiz

We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.". 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 458
Insiders

Sign Up for our Newsletter

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

article thumbnail

4 ESG trends to watch in 2022

Carlos Sanchez

Countries and companies have taken responsibility for climate change and raised their carbon emissions reduction ambition. As a result, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. Besides, companies will have to limit the carbon offsetting to a max of 10% of the firm’s emissions.

article thumbnail

Sustainability trends 2023

Carlos Sanchez

Countries and companies have taken responsibility for climate change and raised their carbon emissions reduction ambition. As a result, 91% of the global economy and almost half of the 2,000 largest companies have net-zero pledges. Sustainability trends 2023: Net-Zero roadmaps. Sustainability trends 2023: ESG Technology.

article thumbnail

AllianceBernstein: Nurturing Nature - Why Investors Should Care About Biodiversity

3BL Media

Natural capital provides the building blocks that enable ecosystem services—the positive benefits that societies and economies derive from nature—to sustain life and create wealth. That’s why biodiversity loss alone could cost the global economy trillions of dollars in the coming years, in addition to trillions more related to climate change.

article thumbnail

Blistering heat is ravaging tourism hotspots. Can the industry reinvent itself?

Corporate Knights

Tourism is projected to make up nearly 12% of the global economy by 2033, but it is also poised to consume a troubling 40% of the world’s remaining 1.5°C C carbon budget by mid-century, highlighting what experts describe as “industry dishonesty” in efforts to reduce emissions in line with other sectors.

Shipping 150
article thumbnail

Greenwashing, From the Eighties till Today (Part 2)

Sense and Sustainability

In addition, those wishing to order coffee from Roar Gill can opt for afforestation projects and deliveries to be carbon offset in key coffee growing nations. How to Avoid Greenwashing?