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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.

Shipping 487
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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

Net Zero 147
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A Just Transition is an Orderly Transition

Chris Hall

The decarbonisation of our global economy is most likely to succeed in the short timeframe required if those most affected by the transition are brought on the journey. C boundaries set out in the Paris Agreement. A ‘just transition’ envisions resilient and thriving workers and communities, existing within the 1.5°C

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Church of England Pensions Board Slashes Carbon Intensity by a Fifth

Chris Hall

Adam Matthews, the CEPB’s Chief Responsible Investment Officer, said: “As an investor in most sectors of the global economy, we take a universal view of our ownership of assets which means driving systemic change in the real economy that can impact whole sectors. “We

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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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4 ESG trends to watch in 2022

Carlos Sanchez

Restrictions, Brexit regulations, a ship stuck in the Suez Canal, extreme weather events and energy shortages impacted supply chains and prevented firms to meet their demand. As a result, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. ESG trends in 2022: Net-Zero ambition.

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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.”