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UN climate conference more productive than you think

Sense and Sustainability

Fortunately, the ‘ambition mechanism’ from the Paris Agreement — the process it establishes to periodically review countries’ progress toward meeting their commitments to address climate change, and to ratchet up their ambition over time — worked. Cooperation agreement between China and the U.S.: This is a welcome step.

COP26 52
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Scaling up clean energy – the greatest growth proposition of the 21st century

We Mean Business Coalition

The cost of climate change is rising at an alarming pace, with ripple effects being felt across communities and the global economy. Many countries across Asia also lack access to sufficient financing to fully develop low or zero-carbon infrastructure.

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FABLE Consortium co-leads "Transforming food systems" chapter of the 2022 Emissions Gap Report

Sustainable Development Network

gigatonnes of CO2 equivalent, less than one per cent, off projected global emissions in 2030. This lack of progress leaves the world hurtling towards a temperature rise far above the Paris Agreement goal of well below 2°C, preferably 1.5°C. NDCs submitted this year take only 0.5 C over the century.

UNEP 52
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Church of England Pensions Board Slashes Carbon Intensity by a Fifth

Chris Hall

This week the pension fund – which manages the retirement assets of current and former employees of the Church of England – revealed its latest Stewardship Report , in which it stated that it was a decade ahead of its target in achieving net zero carbon emissions across its investments.

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

Carlos Sanchez

In particular, we need to reduce 23 Gigatonnes by 2030 from the current 41 Gt emitted per year and achieve net-zero by 2050. In this context, several countries and companies have taken up the challenge, and currently, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. Nonetheless, it's clear that all banks need to replace empty promises with meaningful policies enacting zero tolerance for fossil fuel developers.". Overall, the world's leading banks have channelled $3.8

Net Zero 421
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We’ve taken stock of corporate climate action and business knows what it needs to deliver the clean energy transition

We Mean Business Coalition

Our process was launched in May in support of the Global Stocktake (GST) process – the UNFCCC led report card on progress since the Paris Agreement.  The Synthesis report released last week confirmed what we already knew, “the world is not on track to meet the long-term goals of the Paris Agreement.”