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Climate Finance: Moving Forward After COP26

3BL Media

SUMMARY: The need for climate finance – the local, national, or transnational financing that enables climate change mitigation and adaptation – was much debated at COP26. An estimated $100 billion per year in investment is required for financing climate related issues, a target that developed countries were aiming to achieve by 2020.

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CDP to Integrate IFRS’ Climate Disclosure Standard

ESG Today

Climate research provider and environmental disclosure platform CDP and the International Sustainability Standards Board (ISSB) of the IFRS Foundation announced today that CDP will incorporate the IFRS’ new climate-related disclosure standard into its environmental disclosure platform.

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CDP to Align with ISSB Climate Disclosure Standard in 2024

ESG Today

CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability areas including climate change, deforestation, and water security.

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Investors Double Down on Deforestation Engagement

Chris Hall

At the COP26 climate conference in Glasgow in 2021, 145 countries – representing 90% of the worlds forests – signed a deforestation pledge, committing to halt and reverse global deforestation by 2030. At COP26, the UN also set a deadline for companies and financial institutions to eliminate commodity-driven deforestation by 2025.

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The zero-carbon business leader takes shape

Corporate Knights

At the recent United Nations COP26 climate summit in Glasgow, diplomats from nearly 200 countries struck a major agreement to increase the fight against climate change — establishing a consensus that more must be done to protect the planet. The company publishes a sustainability report annually and makes it public. According to the?

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CDL’s integrated sustainability report 2022 zeroes in on bolder decarbonisation targets 

Corporate Knights

City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2022, its fifteenth sustainability report since 2008. Aligned with global climate goals, including the UN Sustainable Development Goals (SDGs), the blueprint remains integrated into the company’s business strategies and operations.

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ISSB Moves to Standardize Reporting on Climate Transition Plans, GHG Emissions

ESG Today

The formation of the Transition Plan Taskforce (TPT) was also announced at COP26 by then-Chancellor of the Exchequer, and now UK Prime Minister, Rishi Sunak, and officially launched in April 2022.

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