Remove COP26 Remove Development Remove Greenwashing Remove Paris Agreement
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ICYMI, Governments and Regulators are Making the Running

Chris Hall

Alongside the progress of a bill in California calling for fossil fuel divestment by public-sector pensions, and the SEC’s plans for climate-risk disclosures , this new assault on greenwashing moves US policy closer to its European counterparts, where fund disclosure rules are already reshaping the market.

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Sustainability disclosures: Why we need a global reporting standard in 2022

We Mean Business Coalition

Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets. Since COP26, some of those jurisdictions (the SEC, EFRAG and International Financial Reporting Standards (IFRS) Foundation) have delivered pioneering legislative and standard-setting efforts.

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Finance Sector Net Zero Plans Must Respect Planetary Limits – SBTi

Chris Hall

It also said that FIs should transition and align all financing activities with net zero pathways that achieve Paris Agreement goals, with “no or low overshoot”, as well as align them with the UN Sustainable Development Goals. Addressing greenwashing. C above pre-industrial levels.

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VCM Code of Practice Launches, with Google, Unilever and Hitachi on Board

Chris Hall

Regulators around the world are considering increasing their scrutiny of companies’ emissions-reduction claims in a bid to dispel greenwashing concerns. .

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UN Ramps up Pressure on Financial Institutions 

Chris Hall

Given the mixed track record of the finance sector in aligning with the goals of the Paris Agreement, its response to the increased pressure is seen as key test of major institutions’ ability to transition long-established business models. . development, prohibiting new? Phasing down and out . fossil fuel ?development,

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

Carlos Sanchez

Furthermore, expansion to new sectors, faster cuts of the supply of allowances and other climate policies like EU’s fit-for-55 or COP26 adoption of Article 6 are pushing prices up. There are four participants in VCMs: Project developers are the ones creating the carbon offset project. Verra or The Gold Standard ). Greta Thunberg.

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ICYMI, the Path to Net Zero is Getting Steeper

Chris Hall

The UNFCCC’s “ much-work-remains ” press release diplomatically reflected the wide gaps between the global north and south on adaptation , loss and damage , and on climate finance for developing countries more broadly. But it was left to others to express the desperation and urgency felt in island states and elsewhere.