This week’s spring meetings at the IMF and World Bank must be used as an opportunity for public and private finance leaders to come together and forge new approaches to removing barriers to net zero.
It will take enormous flexibility, interconnectivity, and storage, but it is possible — explains the latest episode of Inside the Energy Transition.
“If we are to realise the full benefits of ending deforestation and transitioning to sustainable production, we need to see more action now” – Nigel Topping, UN High-Level Climate Champion for COP26.
Are we about to see a revolution in renewables? Some say the transition will be slow and inefficient… but some experts think we’re on the cusp of major, tech-enabled disruption.
Here’s why investment by G20 economies in nature-based solutions needs to double by mid-century to help prevent an environmental crisis.
Race to Zero is the UN-backed global campaign rallying non-state actors – including companies, cities, regions, financial and educational institutions – to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier, fairer zero carbon world in time.
At COP26, leading members of the Marrakech Partnership submitted to the UNFCCC a commitment to act now to drive further momentum in the number of credible, transparent, science-aligned, high ambition climate targets.
A new Camda declaration has been announced that represents a collaboration between key organizations and individuals working on both existing data disclosure platforms and emerging technologies that can support climate action analysis, including blockchain, satellite imagery and machine learning.
Private investors could drive over two-thirds of the trillions in investment needed to reach net zero
UN Race to Zero and the Glasgow Financial Alliance for Net Zero (GFANZ) – a net zero alliance responsible for more than $130 trillion in assets in 40 countries across the financial sector, today publishes its Net Zero Financing Roadmaps.
“Africa’s strength comes from its unity. A continent that is vibrant, fast-growing, energetic and diverse. And, a key player in showing the way to a low carbon future.” Dr. Amar Inamdar, Managing Director of the KawiSafi Ventures Fund, on the vast opportunities that come with investing in Africa.
More than 30 leading financial institutions, collectively with over US$ 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.
Race to Zero and GFANZ: Ensuring the rigour and impact of financial sector net zero commitments and action
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.
The Glasgow Financial Alliance for Net Zero (GFANZ) – a net zero alliance responsible for more than $90 TN in assets in 40 countries across the financial sector, chaired by UN Special Envoy Mark Carney – today publishes a call for greater and faster climate action from G20 leaders to build a net zero global financial system and meet the goals of the Paris Agreement.