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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Civil society organizations are gearing up to hold financial industry players accountable on the lofty commitments they made at COP26 in November. The post Fossil fuel expansion will be the litmus test for banks’ net-zero promises appeared first on Corporate Knights. Danielle Fugere, CEO at As You Sow.

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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action . SOURCE: AllianceBernstein. The problem?

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Financing the transition to net-zero through better reporting

We Mean Business Coalition

Fundamentally, it provides information that the markets need to make well-considered investments, finance the transition to a net-zero economy and track the progress based on validated data. Accountants have a central role in supporting capital markets as the world moves to net-zero emissions.

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Net Zero Readiness Report

3BL Media

KPMG published the Net Zero Readiness Index in 2021, 1 a few weeks before the COP26 UN climate change conference in Glasgow. The event resulted in 153 countries putting forward new emissions targets for 2030 and more than 90 percent of world economic output and global emissions being covered by net zero agreements.

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Net zero transition – the latest signals of change: May 12, 2023

We Mean Business Coalition

The latest net zero signals of change include a solar boost for South Africa’s grid and a successful energy efficiency trial for UK companies. GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal.

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Ahead of Climate Week 2022, Ceres To Urge Investors, Companies, and Policymakers To Turn the Year’s Climate Victories Into Even More Ambitious Action

3BL Media

climate action and investments, as private and public sector leaders raise ambition commitments and policies to capitalize on the opportunities of the net zero transition. In the first half of 2022 alone, climate-linked extreme weather events caused an estimated $65 billion in losses worldwide.

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What Net-Zero companies are and How to start the journey

Carlos Sanchez

Net-zero emissions companies is one of the fastest-growing business trends. According to scientists achieving net-zero before 2050 is critical to keeping us safe from the catastrophic consequences of climate change. Still, many organizations struggle to make their first steps to become Net-Zero companies.