Today’s Top of the COP: Finance goes green and resilient
The race is on for private finance towards net-zero emissions by 2050 and new partnerships are set to drive exponential growth in resilience investments.
The race is on for private finance towards net-zero emissions by 2050 and new partnerships are set to drive exponential growth in resilience investments.
On energy day of COP26, we can announce that Race to Zero energy members have committed, in aggregate, to reach 750GW of installed renewable energy capacity by 2030. This is enough to provide power to 896 million people today.
Regions, cities, investors, businesses and governments are stepping up to build resilience in the most at-risk communities and reverse biodiversity loss within the 2020s.
More than 30 leading financial institutions, collectively with over US$ 8.7 trillion in assets under management have committed to tackle agricultural commodity-driven deforestation as part of broader efforts to drive the global shift towards sustainable production and nature-based solutions.
The Africa Green Finance Coalition (AGFC) will help bring African countries together to pool resources, share learning and create a pathway for increased flows of green investment capital to the continent.
It’s time we stop focusing so much on the cascade of destruction that climate change may bring, and start talking about the cascading benefits, argues Chad Frischmann, Senior Director, Drawdown Solutions, Project Drawdown.
The financial industry is a critical enabler of efforts to decarbonize the global economy. Supported and underpinned by strong policy action, every company, bank, insurer, and investor will need to adjust their business models, develop credible plans for the transition to a net zero-carbon, climate resilient future, and then implement those plans.
The United Nations Development Programme (UNDP) is bringing a ferocious, talking dinosaur to the United Nations’ headquarters to shine a spotlight on the hundreds of billions of dollars governments spend every year propping up the fossil fuel industry.
A new report commissioned by IUCN and the UNFCCC High Level Champions and steered by a working group of African partners ahead of Climate COP26 in Glasgow provides compelling, quantitative evidence of the positive impacts of regenerative agricultural practices
A shift from viewing food waste as a problem to one where it can provide a rich foundation for regenerative farming can fundamentally accelerate restoring land soil health, as well as improve food resilience, argues UN Climate Champion Regenerative Agriculture Fellow, Leah Bessa.
A master plan to achieve 5% zero-emission fuels in shipping by 2030 will help guide decisions, actions, and allow us to monitor the progress of the sector’s Race to Zero.
International climate change and human rights lawyer, Tessa Khan discusses the law’s role in holding governments and companies to account, the limitations of the legal process, and the eroding social license of the fossil fuel industry.
The COP26 Presidency, Mark Carney’s COP26 Private Finance Hub and the High Level Climate Action Champions are calling for private financial institutions to announce new ambitious actions at COP26.
More than 150 industry leaders and organizations representing the entire maritime value chain – including shipping, cargo, and finance – are calling on world leaders ahead of COP26 for ambitious, urgent policy actions to fully decarbonize international shipping by 2050, and make zero-emission shipping the default choice by 2030.
“The science is clear, business as usual is not an option and the pace we had in the past, cannot be the pace in the years to come,” H&M CEO, Helen Helmersson discusses the company’s race to become circular and climate positive.
Every day, more than 500 ships pass through the narrow strip of ocean separating the UK from continental Europe, creating huge amounts of pollution, with sulphur and nitrogen emissions a particular problem.
The tragic reality is that cooling is heating up the planet further. The sector accounts for 7% of global greenhouse gas (GHG) emissions and the market for cooling appliances is growing rapidly.
Many of the world’s largest companies are among hundreds of business leaders appealing to the G20 to collectively agree to strengthen their national climate targets at the pivotal G20 and COP26 talks.
How does a sector – defined by the movement of people and in the midst of a crisis – get to net zero by 2050 at the very latest?
Following recent research that shows fewer than one in four of the world’s largest companies are on track to meet basic climate change targets and Europe will miss its 2030 climate goal by 21 years, the new London Declaration commits signatories to embed key climate considerations into every new standard that is created.
New tool launches to help identify businesses committed to climate action