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WHAT'S NEXT?: Dealing with climate change over the next 15 years will require $6 trillion USD in annual investment. Organizations, large and small, will increasingly be pressured to deal with the effects of global climate change or face increased costs through not fully adopting sustainable policies. Instantly explore what’s changing and likely to impact your organization and how to mitigate the threat for the benefit of all mankind.

  • [New] China's climate targets of peaking CO2 emissions before 2030 and reaching carbon neutrality before 2060 leave space for emissions increases until late this decade and for a very wide range of possible emissions trajectories over the decade that follows. Carbon Brief
  • [New] In 2010, after the disastrous Copenhagen climate conference, not even the most ambitious climate activists would have predicted that India in 2021 would have over 100 GW of renewable energy, or that new renewable energy would be half the cost of new coal power! The Hindu BusinessLine
  • [New] Brands such as Chanel, Nike and H&M are among the 130 companies that have pledged to halve their greenhouse gas emissions by 2030 under the renewed United Nations Fashion Charter announced last month during climate talks in Glasgow. Eco-business
  • [New] In the lead-up to Cop 26, the UN climate body has issued a grave assessment: countries' current pledges would see global greenhouse gas emissions increase by 16% by 2030 (compared to 2010 levels) - nowhere near the halving of emissions required. New Economics Foundation
  • [New] Climate Action Tracker calculated that global greenhouse gas emissions in 2030 will still be roughly twice as high as is needed to limit warming to 1.5 degrees and that the world is on track for 2.4 degrees of warming above pre-industrial levels by the end of the century. Environment Journal
  • [New] Qatar has launched a Climate Change Action Plan as part of its pledge to reduce its greenhouse gas emissions by 25% by 2030. The New Arab
  • [New] The Glasgow Climate Pact is the first-ever climate deal to plan to reduce coal, the worst fossil fuel for greenhouse gases, which is very important to control the earth's temperature. The Rising Nepal:: Nepal's Oldest News Paper
  • [New] To limit global temperature increases from climate change to 1.5 degrees Celsius, countries and firms increasingly pledge to reduce carbon dioxide emissions to net zero by 2050. Conversable Economist
  • [New] Migros Penssionskasse, Asga, the pension fund for the city of Zurich and the Pensionskasse of the city of Basel have systematically integrated ESG in their investment processes with specifications of CO 2 intensity and climate risk to build their portfolios. IPE
  • [New] The permit approvals for fossil fuel production are at odds with Biden's aggressive climate agenda, including a pledge to cut U.S. greenhouse gas emissions in half by 2030 and reach net-zero emissions by 2050. CNBC
  • [New] NATO consents that climate change will make it harder for militaries to carry out their tasks and has potentially disastrous consequences. The Cairo Review of Global Affairs
  • [New] Even with all the pledges made in Glasgow, global greenhouse gas emissions in 2030 will still be around twice as high as necessary for the 1.5-degree limit, according to the Climate Action Tracker monitoring tool. Landscape News
  • [New] With a total global investment of over $50 trillion, institutional pension funds will play a pivotal role in scaling climate solutions that will help the world successfully transition to a low carbon economy. Deloitte United Kingdom
  • [New] Following the recently completed COP26 conference in Scotland, investors are again reminded that renewable energy is a global industry, and it's going to take commitments from governments the world over to reduce carbon emissions and fight climate change. ETF Trends
  • [New] More than 100 countries have now joined a U.S. and E.U. - led coalition to cut 30% of methane gas emissions by 2030 from 2020 levels, a significant step towards limiting one of the major culprits of climate change. CNBC
  • [New] The 11-page Glasgow Climate Pact adds pressure on nations to quickly ramp up efforts to reduce greenhouse gas emissions this decade in hopes of limiting the global temperature rise to 1.5 degrees C above preindustrial levels. S&P Global Platts
  • Oslo has used an annual climate budget since 2016 in order to deliver its target of reducing greenhouse gas emissions by 95% (from 2009 levels) by 2030. C40 Cities
  • The potential effects of climate change - namely through rising sea levels, worsening floods and fires, and government policies transitioning away from carbon-heavy industry - could destroy trillions of dollars of assets around the globe. Reuters
  • Despite being committed to the whole reducing emissions thing, only six of the 19 countries that are part of the GECF signed onto a pledge the climate talks to reduce methane emissions from gas 30% by 2030. Gizmodo
  • COP 26 made some headway in addressing the climate crisis, including commitments from the U.S. and China to cut emissions to below 2 degrees Celsius with the target of 1.5 degrees Celsius, and a pledge from world leaders reduce methane emissions by 30% and end deforestation by 2030. Ms. Magazine
  • Land and water use, along with greenhouse gas emissions will be reduced and insects will become diet staples - climate change policies will be enforced over the next 20 years, making net zero a reality. CTVNews
  • A study by Climate Action Tracker predicts a more dire rise of 2.4 °C by the end of the century, using a climate prediction model based on current national pledges to rein in greenhouse gas emissions. Eco-business

Last updated: 28 November 2021


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