Remove Global Economy Remove Net Zero Remove Shipping Remove Stranded Assets
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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 trillion USD in fossil fuels.

Net Zero 147
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Cost parity for sustainable shipping fuels achievable by 2035

Envirotec Magazine

Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a report launched by technology firm Wärtsilä on 21 March. iii Transporting 80% of world trade, shipping is the engine room of the global economy.

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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

The actions being taken by signatories to WorldGBC’s Net Zero Carbon Buildings Commitment to tackle whole life carbon are critical because they are driving emissions reductions now and in the future. Together, the three industries emit close to 6 Gt of CO2 per year and are absolutely critical to limiting global warming to 1.5ºC.

COP26 88