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New Investment Models Needed for Net Zero Goals Warns UNEP FI’s Carlin

Chris Hall

Speaking at ESG Investor’s inaugural Stewardship Summit, UNEP FI’s Head of Climate Risk says transition finance flows to developing economies are too low to meet net zero targets. The post New Investment Models Needed for Net Zero Goals Warns UNEP FI’s Carlin appeared first on ESG Investor.

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Capital Flows not Supporting Nature Commitments

Chris Hall

“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.

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Climate Change Forum in APAC Hopes To Bring Global Solutions

3BL Media

The in-person event, hosted within the UN Environment Programme (UNEP) Regional Office for Asia-Pacific, runs from August 30 to September 1, during the Korea Global Adaptation Week (KGAW) 2023, one of the most notable adaptation events of the year, aiming to promote actions and practices to adapt to the negative impacts of climate change. 

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NZBA Sets More Ambitious Climate Targets

Chris Hall

Founded in April 2021 by UNEP FI, the NZBA has 143 members overseeing US$74 trillion in capital. trillion towards fossil fuel expansion since the 2015 Paris Agreement. More than 50% of NZBA’s members had to vote and two thirds of votes cast had to be in favour for the updates to pass. billion from Barclays.

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Updated climate commitments ahead of COP26 summit fall far short, but net zero pledges provide hope, says UNEP report

Envirotec Magazine

New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On.

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3 keys for scaling nature-based solutions for climate adaptation

GreenBiz

Environment Program World Conservation Monitoring Centre (UNEP-WCMC) produced for the Global Commission on Adaptation. Of 167 Nationally Determined Contributions submitted under the Paris Agreement, just 70 include nature-based adaptation actions; the majority of those are in low-income countries.

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Flagship Initiative Tracks Nature Opportunities

Chris Hall

The UN Environment Programme’s (UNEP) 2023 ‘ State of Finance for Nature ’ report suggested that investments in nature-based solutions (NbS) to date have been underwhelming. Worse even: almost US$7 trillion are invested globally each year in activities that have a negative impact on nature – the equivalent to 7% of the global GDP.