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AllianceBernstein: Reflections on COP28: Opportunities Amid Challenges

3BL Media

Investors are warming to opportunities stemming from climate change, and other takeaways from COP28. COP28, the latest United Nations Conference of the Parties on climate change, delivered mixed results on some key agenda items but provided new insights into climate-related opportunities and the initiatives needed to implement them.

UNEP 147
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The ESG Interview: Dancing into the Mainstream

Chris Hall

This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. Fancy writes: “To fix our system and curb a growing [greenwashing] disaster, we need government to fix the rules.”.

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Faster Action Urged on ESG Disclosure Standards and Frameworks

Chris Hall

Earlier this week, the latest report from the Intergovernmental Panel on Climate Change warned against further delays in “concerted anticipatory global action” to tackle climate change. . UNEP FI works with financial industry frameworks to set norms, or pre-standards. Holistic approach .

UNEP 52
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Take Five: Jam Open the Closing Window

Chris Hall

Jam open the closing window – The UN Environment Programme’s Emissions Gap Report 2022 was the most sobering of the many pre-COP27 analyses published this week, highlighting the inadequacy of our efforts to tackle the causes of climate change. Current pledges will nudge global warming down from its present 2.8°C C course to 2.5°C

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Scaling Corporate Climate Action

Chris Hall

In the UK, a Green Technical Advisory Group (GTAG) was created to support the development of a green taxonomy, intended to provide a universal framework to define investments that are environmentally sustainable as well as to help businesses avoid greenwashing claims. What does a credible strategy look like?

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Take-off for the Net Zero Transition  

Chris Hall

UN Climate Change’s NDC synthesis report found they would collectively only deliver a 5.3% C of climate change by 2100. Stronger wording might have been possible, but this was a big step in the right direction,” said Remco Fischer, Climate Lead, UN Environment Programme Finance Initiative (UNEP FI).

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New Standard Digs Deep into Mining Impacts

Chris Hall

In fact, more than 90% of materials are either wasted, lost or remain unavailable for reuse for years as they are locked into long-lasting stock such as buildings and machinery, the report added. “It’s clear that we’re still going to need to mine minerals as part of an ongoing solution to climate change and addressing some of the significant (..)