This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
This is “imposing significant costs on governments, corporations, NGOs, regional economies and other stakeholders. In 2019, flooding accrued a hefty price tag of $82 billion for globaleconomies,” Enright notes, citing The Wall Street Journal. And there is potential for these costs to surge past $1.2
Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years. The current list has been updated with data through January 29, 2025.
Across the continent, business schools are embracing local narratives , turning the classroom into a space where African ingenuity and global relevance meet and changing how students see themselves – not just as participants but as creators of a more sustainable and equitable globaleconomy.
In its first year, the Index is helping to develop a benchmark for financial security and inclusion across globaleconomies. In general, developedeconomies tend to pool towards the higher end of the Index, and emerging and developingeconomies cluster at the bottom. Key findings.
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 climatechange. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable globaleconomy.".
The survey indicated that climatechange has emerged as a top priority for senior executives, even as their companies face major geopolitical and economic disruption. In a year of continued uncertainty, disruption, and competing business challenges, leaders ranked climatechange as a top issue.”.
Our accredited partnership program is a crucial part of our efforts to support financial institutions in their efforts towards decarbonization and is key to accelerating the transition towards a more sustainable and equitable globaleconomy.
Photo: CARE Peru Data from the Gates Foundation suggests that investing in the economic power of women like Fariha could boost the globaleconomy by as much as $10 trillion by 2030 – twice the GDP of Japan, the world’s third largest economy. Elizabeth Vargas Vilca and her staff at her shoe manufacturing business.
ESG issues continue to gain prominence, with climatechange getting the most attention today. We see customers demanding action on carbon emissions, investment firms structuring new green products and governments developing regulations to support the transition to a sustainable future. ClimateChange. Pull Quote.
With record high unemployment , a reeling globaleconomy and concerns of food shortages , the world as we know it is changing. Climate Action Summit and has become a global symbol of environmental activism. The Story of More: How We Got to ClimateChange and Where to Go from Here " by Hope Jahren.
We are also at a tipping point in climatechange. Climate-related disasters displaced three times more people than conflict and violence in 2020, jeopardizing education for millions of children. Climatechange is also why the renewable energy sector is booming, opening new jobs with new challenges and skill requirements.
This month’s UN climate summit, COP29 , held in Baku, Azerbaijan, has been called “ The Finance COP.” Less than a decade ago, it was thought, maybe, that investing $100 billion a year in developing countries’ sustainability aims would be adequate. Fast-forward to 2024, with its multiple hurricane disasters in the U.S.;
WRAP warns that food loss and waste have devastating impacts on society and globaleconomies too. The World Economic Forum estimates that food loss and waste costs the globaleconomy $936 billion a year, while more than 783 million people go hungry and a third of humanity faces food insecurity.
DESCRIPTION: Two weeks ago, global business and political leaders met at the annual World Economic Forum in Davos to discuss geopolitical and environmental challenges. The need to move towards a net-zero economy, regenerative businesses, and an inclusive globaleconomy were the key topics on the agenda.
Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the globaleconomy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.
The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climatechange and the ongoing practices of the world's leading banks. The banking sector maintains that serious change is afoot. And yet, today's report comes within hours of the U.K.
food sector have disclosed their climate transition strategies nor concrete actions to achieve them, despite increasing investor pressures and the growing threats of climatechange. The Investor Guide to Climate Transition Plans in the U.S. None have published a climate transition plan. by the end of the decade.
“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.
But the quality of the disclosures is critical in meeting the existential challenge of climatechange. There are, of course, two sides of climate action that must be addressed: mitigation (usually by emissions reductions) and adaptation. Adaptation metrics need further development. ClimateChange.
As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero globaleconomy.
You sigh with relief knowing that the world had accomplished something no one thought was possible: We’d turned back the clock on climatechange. Much of the current conversation around climatechange focuses on the obstacles that make the problem so difficult to solve.
Making substantial climate progress in a troubled, disrupted globaleconomy will be the order of the day – and developing countries are expecting to be on the receiving end of long-awaited, rich-world largesse. Financing those efforts in a still stuttering, inflation-racked globaleconomy will be a central talking point.
Can ESG data help ensure that they are built in a manner that makes them resilient in a climate-changing world, even mitigate the threats of droughts, floods, hurricanes, wildfires and all of the other calamities in the first place? Sustainable finance can help. trillion annually.
December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climatechange and environmental destruction. These leaders understood the direct linkage between climatechange and financial risk. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla.
Investment manager Wellington Management announce today the final close of the Wellington Climate Innovation Fund, raising $385 million in commitments for the firm’s inaugural climate solutions-focused venture fund.
president will be taking aim at legislation that resulted in nearly US$300 billion in private-sector investments in clean energy, battery manufacturing and clean power generation, most business leaders recognize that concerns about a worsening climate crisis will grow regardless of shifting political winds. While the new U.S. Telus Corp.
DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climatechange. Climatechange inequality, contributors and sufferers, has been a key agenda item at COP for many years.
Understanding Climate Scenario Analysis What is climate scenario analysis? Climate scenario analysis is a strategic tool used by businesses to evaluate the potential impacts of climatechange on their operations, assets, and overall business strategy.
There has been a documented 69% decrease in monitored global wildlife populations since 1970, and factors like habitat loss, overexploitation of nature, invasive species, disease and climatechange are all drivers for biodiversity loss worldwide.
The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the globaleconomy. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment.
As such, attention is likely to quickly turn to alternative avenues for accelerating the development and adoption of the lower-carbon shipping technologies and practices that remain in the pipeline. ClimateChange. Shipping & Logistics. Corporate Strategy. Sustainable Shipping. BusinessGreen. Sponsored Article.
Between a selfish free-for-all in which we ignore the fate of the losers, and a future in which the strong and successful accept their responsibilities, showing global vision and leadership. The 2030 Agenda for Sustainable Development will not be delivered through incremental improvements to business as usual. Have we lost our way?
The latest UN climatechange summit (COP27) concluded, once again, with a tussle over the place of fossil fuels in the globaleconomy. An agreement by the world’s governments to phase out all fossil fuels would have been a welcome progression from last year’s Glasgow climate pact.
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 globaleconomy trillions of dollars in the coming years, in addition to trillions more related to climatechange.
One recent study found that net zero commitments now cover at least 68% of the globaleconomy. The sixth Intergovernmental Panel on ClimateChange (IPCC) report , published last August, was unequivocal that without an unprecedented, rapid reduction in emissions, the world is on track to exceed 1.5 °C
CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organizations’ performance in key environmental sustainability areas including climatechange, deforestation, and water security. The new plastics module has been incorporated into CDP’s water security questionnaire.
This event will delve into the means and examples of how to access funding by GCF and the critical role of ESG principles in shaping investment decisions and financial mechanisms to combat climatechange and foster a more sustainable globaleconomy.
This insight resonates when considering the challenges businesses face in developing the necessary skills for a sustainable, digitally transformed future. Empowering young people is crucial, not only for their own growth but for addressing critical challenges, such as climate resilience, and preparing them to lead in a rapidly evolving world.
The Comptroller’s office said that it will present the policy to the trustees in early 2025, following research and development to craft the specific policy language, along with an assessment of its implications and impacts. In order to advance into policy, the new proposals would need to be adopted by the trustees of the pension funds.
Every major economy has an industrial zone like the Port of Rotterdam, a place where smokestacks, pipes, and tanks tell one story of climatechange. Having presented the global risks from Arctic climatechange to audiences at the World Economic Forum at Davos each year, Gail is worried. trillion in 2020.
Data provider appoints former Trucost CEO Richard Mattison to accelerate initiatives and develop fresh strategies for sustainable investing. Mattison has more than 20 years of sustainable finance experience and previously served as President of S&P Global’s Sustainable1 unit.
Jimmy Samartzis, Chief Executive Officer of LanzaJet said: “We continue to build a leading team of investors along the SAF value chain who believe in LanzaJet’s ability to decarbonize aviation, which will both address climatechange and enable the globaleconomy.
This climate protection gap – the potential costs to an economy due to climate-related losses not covered by insurance – is growing. In the EU, only about a quarter of climate-related catastrophe losses are insured. But this figure is far higher in developing countries where the protection gap looks more like a chasm.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content