Saturday, December 28

Climate Action, ESG, Sustainable Finance

Climate change is driving widespread changes in industries and opening up markets in the future. It’s our goal to define not only the challenges but also the potential solutions by taking action. #climateaction

India Aims for 2070 Net-Zero, Asks For $1 Trillion
12Nov By Ramsha ZubairiNo Comments
Climate Action, ESG, Sustainable Finance, Foreign Aid, International Development, Types of News: Analysis, UN Security Council

India Aims for 2070 Net-Zero, Asks For $1 Trillion

COP26 event Indian Prime Minister Narendra Modi greeting UK Prime Minister Boris Johnson Editor's Note: One of the outcomes of the COP26 conference in Glasgow, Scotland was a pledge by India to reach "net-zero" within 50 years time. Net-zero means that a country or company would compensate for greenhouse gases it emits, bringing the total to zero. India has long been a holdout of promising net-zero. The announcement by Prime Minister Modi to set a target breathed life into the conference. Moreover, it's significant because India is one of the largest emitters of greenhouse gases, after China and the United States. It is also noteworthy because as the world's sixth-largest economy, a shift to a green economy would impact financing. By Ramsha Zubairi November 12, 2021 — When Indian ...
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Citing ESG, BNY Mellon Cuts Ties With Controversial Coal Group
8Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Analysis

Citing ESG, BNY Mellon Cuts Ties With Controversial Coal Group

In the Wake Of A COP26-Led Pledge To Transition Away From Coal, Wall Street Takes Notice November 8, 2021--When the United Kingdom's COP26 Presidency declared a major agreement on coal financing last week, some of the biggest coal-producing and consuming countries were noticeably absent: India, China, Australia and the United States. It was significant on multiple counts. First countries are significantly falling short of the emissions reductions needed to keep the Earth from warming within the target 1.5 degree Celsius. A recent UN report noted that 15 major fossil fuel producing countries plan to continue production. Second, new coal projects in India and Australia are putting locals at risk of losing their land. Adani Group: New Coal Mines Vs Local People One group, in...
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Biden: To Reach 1.5 Degree Celsius, ‘Marathon’ To Net-Zero Is Needed
2Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Biden: To Reach 1.5 Degree Celsius, ‘Marathon’ To Net-Zero Is Needed

November 2, 2021--U.S. President Joe Biden addresses the COP26 in Scotland. Here is a clip of his speech from yesterday. https://youtu.be/bGPhBabHMA0 "We’re planning for a both short-term sprint to 2030 that will keep 1.5 degrees Celsius in reach and for a marathon that will take us — take us to the finish line and transform the largest economy in the world into a thriving, innovative, equitable, and just clean-energy engine of net-zero — for a net-zero world. That’s why today I’m releasing the U.S. long-term strategy, which presents a vision of achieving the United States’ goal of net-zero emissions economy-wide by no later than 2050 and reinforces an absolutely critical nature of taking bold action with the — in the decisive decade. We’re also going to try to do our part when it...
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Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate
2Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate

November 2, 2021--In his speech to COP26 on Monday, Prince Charles to harness trillions of dollars in private capital to finance a transition to a green economy. https://youtu.be/9voeQ32BqS8 Please visit our affiliate marketing partner and accept cookies. Plant a Tree supports animals and the planet with its work. His remarks are as follows: "Ladies and gentlemen, the COVID19 pandemic has shown us just how devastating a global cross-border threat can be. Climate change and biodiversity loss are no different.In fact, they pose and even greater existential threat to the extent that we have to put ourselves on what might be called a warlike footing. Having had myself the opportunity of consulting many of you over these past 18 months, I know you all carry a heavy burden on yo...
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Let’s Talk About Defining ESG –Literally
2Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Analysis

Let’s Talk About Defining ESG –Literally

Photo by Mohr Media As Investors Take Interest In Corporate Policies, Governments Look To Harmonize ESG Disclosure November 2, 2021—As employees, consumers and investors demand greater transparency about corporate practices,  there's increasing interest in defining standards for environmental, social and governance (ESG) disclosure. While the concept of ESG has been around for years, leaders in the both public and private sectors are taking a greater interest in refining the definition. Furthermore, as world leaders try to harness the power of the private sector to reach net-zero goals to stem the warming of the climate, ESG becomes even more useful. "Financial markets play a significant role in shifting capital to a sustainable future," Securities and Exchange Commission ...
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Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’
1Nov By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’

November 1, 2021--The COP26 climate conference kicked off today with speeches from many of the world's leaders. United Kingdom Prime Minister Boris Johnson welcomed leaders to the conference, held this year in Glasgow, Scotland. "When it comes tackling climate change words, blah blah blah, without action, without deeds are absolutely pointless. And our record on deeds is not exactly stellar," Johnson said. He went on to say that world leaders failed to deliver on promises they made to raise $100 billion a year to finance climate action by 2020. "There was absolutely no wiggle room in that. That deadline has come and gone. And we've collectively flunked it." Pointing to countries most in danger of climate change effects, Johnson added, "We need to think about them and take action now ...
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Coal, China And Climate Change
1Nov By Ramsha ZubairiNo Comments
Climate Action, ESG, Sustainable Finance, Domestic Politics, Energy Policy, Oil & Gas, Types of News: Analysis

Coal, China And Climate Change

Editor's Note: As the COP26 takes place this week, many leaders on climate action are pointing to China and calling on the world's largest emitter of carbon dioxide gas to do more. This is the first of a series of reports on coal production and consumption by contributing writer Ramsha Zubairi. China's Climate Goals Are 'Unimpressive,' Observers Say November 1, 2021—China is the biggest producer, consumer and importer of coal, and as the country’s economy continues to grow post-pandemic, its demand for the commodity moves in the upward direction. That makes China's absence from this year's COP26 especially worrisome for climate activists. With global climate change happening now, it is increasingly necessary to cut down on greenhouse gas emissions. More than 70 percent of e...
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COP26 Promises Fall Short Of Climate Needs
28Oct By Guest WriterNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Brief

COP26 Promises Fall Short Of Climate Needs

Scottish Event Campus where the COP26 takes place Oct. 31-Nov. 12, 2021. By Matthew Lauster Climate Conference Begins In Glasgow On Sunday; More Than 20,000 Expected To Attend October 27, 2021—As world leaders get ready to meet in Glasgow, Scotland starting Sunday for the COP26 Climate Change Conference, new information from a UN agency shows current promises by countries falling well short of what is needed to stave off warming. The latest report, from the UN Environment Programme (UNEP), estimates that global temperatures will rise at least 2.7 degrees C by the end of the century. "The leadership we need is off, and far off," UN Secretary-General António Guterres said on Tuesday. He added that leaders "need to come to Glasgow with bold, time-bound, front-loaded plans to r...
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The World Is ‘Off Track’ On Climate Action
27Sep By Guest WriterNo Comments
Climate Action, ESG, Sustainable Finance, Diplomacy, Types of News: Brief, UN Security Council

The World Is ‘Off Track’ On Climate Action

Leaders Pledge Action And Finance For Climate Initiatives At UN General Assembly Matthew Lauster is a freelance writer living in Washington, D.C. Matthew graduated from the College at Brockport State University of New York with a BA's of Science in Journalism and Broadcasting and a Minor in History. He has previously reported on climate change for George Washington University's Planet Forward. September 27, 2021—As the world’s leaders convene in New York this month for the 76th United Nations General Assembly, they are discussing national and multilateral efforts to address the many challenges the world faces. At the top of many of their lists is climate change, and its drastic impacts around the world. "Without deep and rapid decarbonization of our energy systems over the nex...
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Investors in Asia Embracing New Sustainable Technologies
24Aug By Frank McMullinNo Comments
Climate Action, ESG, Sustainable Finance, Finance, Investing, Global Economics, Types of News: Brief

Investors in Asia Embracing New Sustainable Technologies

Photo of Shanghai by Alexander Schimmeck courtesy Unsplash. CONFERENCE COVERAGE: Talks Show Investors Pivoting To 'Purposeful' Portfolios August 24, 2021--Leaders from financial investment firms, consulting agencies, nonprofits and startups met virtually last week to spur collaborations and sustainable investments in Asia. The South China Morning Post’s held the event, called Asia Sustainability Conference. As investors continue to flock to rapidly-developing markets in Asia, the conference reflected growing demand for investment opportunities in line with environmental, social, and corporate governance criteria. "Going forward, we are all equal. There is so much pressure to look at sustainable investments that, with new investments, we are on par with the rest of the world," s...
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