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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 460
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ICYMI, Opportunity Narrows on Meeting Paris Agreement Goals

Chris Hall

Focused on mitigation, the report noted that progress on the alignment of financial flows towards the goals of the Paris Agreement remained slow, with tracked climate finance flows distributed unevenly across regions and sectors. . trillion, warned that “only a very small window remains to meet the goals of the Paris Agreement”.

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Net Zero Scrutiny Intensifies at COP27 

Chris Hall

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

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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. If the answer is no, we need to make it yes everywhere we have influence. What is the right speed?

Net Zero 257
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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.

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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.

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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).