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

GreenBiz

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. They care as citizens, consumers and business owners. Pull Quote. Finance & Investing.

Net Zero 463
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Lessons of giants will bring us to a greener future

Corporate Knights

Brazil, Russia and China have pledged to be net-zero by 2060, and India, which is at an earlier stage of industrial development, by 2070. And 130 countries have also promised to reach net-zero emissions by 2050, including all the G7 countries and South Africa. These pledges should not be underestimated. 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.

Shipping 478
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Business urges government: go fossil to clean

We Mean Business Coalition

To fulfil their commitments to the Paris Agreement, countries h ave no option but to move on phasing down and out fossil fuels. Policy certainty will allow businesses to develop affordable and reliable near-term alternatives to fossil fuels for their operations and supply chains. We have no choice but to be bold.

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At COP28, Influential Investors, Companies, and Policymakers To Call for Greater Global Ambition and Accelerated Action To Limit Temperature Rise and Achieve a Net Zero Economy

3BL Media

Ceres will call on global leaders to capitalize on the momentum and advance policy and regulatory solutions at all levels of government as well as increased clean energy and finance investments in emerging markets and developing countries to accelerate the just transition. Following historic policy wins in the U.S.,

Net Zero 113
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The Positives and Negatives of Tipping Points  

Chris Hall

Last July, ‘The Emperor’s New Climate Scenarios – a warning for the financial services’, published by the Institute and Faculty of Actuaries (IFoA) in collaboration with the University of Exeter, found a disconnect between climate science and the climate scenario modelling being developed for the financial sector.

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Building momentum to phase out fossil fuels

We Mean Business Coalition

C objective of the Paris Agreement and supported the accelerated phase-out of fossil fuels , coupled with a rapid scaling up of clean energy. Despite these developments, there are many reasons to feel hopeful. Last month, G7 leaders reaffirmed their strong commitment to achieving the 1.5°C and beyond. C pathways.