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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

Net Zero 447
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Lessons of giants will bring us to a greener future

Corporate Knights

Financial firms have pledged that more than US$130 trillion of assets will be net-zero by 2050. And 130 countries have also promised to reach net-zero emissions by 2050, including all the G7 countries and South Africa. What is the right speed?

Net Zero 257
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COP26: Statement from the We Mean Business Coalition

We Mean Business Coalition

As we approach the critical final stages of COP26, the We Mean Business Coalition is calling on governments to take bold decisions to keep the 1.5°C C temperature goal of the Paris Agreement alive, and to ensure a just transition. . C within reach, and to transition to a net-zero global economy by 2050 at the latest.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.

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

Carlos Sanchez

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

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Business welcomes The Glasgow Climate Pact: We Mean Business Coalition statement

We Mean Business Coalition

This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . The Glasgow Climate Pact represents a vital step in our shared efforts to keep global warming to 1.5 °C C and implement the Paris Agreement and will be welcomed by the business community. C alive, just.

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Three decisions governments must make to solve the nature and climate emergencies

We Mean Business Coalition

Keeping global warming to below 1.5C This will set them on course to reach net-zero emissions by 2050 at the latest. Without nature acting as a carbon sink, global temperatures would already have risen more than 1.5C In addition, nature’s contribution to the global economy could be worth $125 trillion annually.