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Paris Agreement Article 2.1(C) sounds obscure – but it packs a big punch for cleaning up the financial sector.

Enviromental Defense

C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. It calls for countries to make all “finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” C) of the Paris Agreement.

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Progress Possible at COP 28 Despite Fossil Fuel Industry Deception

Union of Concerned Scientists

Success at COP28 is likely to be measured by the inclusion of strong fossil fuel phaseout language, free from loopholes, in the final agreement. Global net anthropogenic greenhouse gas emissions 1990–2019. Instead of investing in clean energy, the fossil fuel industry perpetuates the problem and erodes public trust.

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All-star team of politicians step up to fix finance for climate

Enviromental Defense

Canadian banks and pension funds rank in the bottom third globally on financing clean energy, yet are among the world’s largest investors in fossil fuels. Although regulators now require financial institutions to count and report on their greenhouse gas emissions, these rules don’t necessarily help reduce emissions.

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MAS Launches Singapore-Asia Taxonomy

Clean Energy Law

Accordingly, the Taxonomy accounts for maritime vessels that are aligned with the International Maritime Organisation’s 2023 strategy for greenhouse gas reduction. The relevant CFPP owner has a Paris Agreement-aligned transition plan. beyond those that have already been signed by December 2023).

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Latest UN, IEA, WMO Climate Reports Show Global Emissions Dangerously High, Emergency Action Required

Union of Concerned Scientists

The 2022 UN NDC Synthesis report assesses the collective impact of emissions reduction pledges, known as nationally determined contributions (NDCs), that countries have submitted under the Paris Agreement. The World Meteorological Organization Greenhouse Gas Bulletin. ” Source: IEA World Energy Outlook 2022.

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Analysis: What’s at stake for India and South Asia at COP26?

A Greener Life

In just over a month, the most important climate talks since the Paris Agreement was signed will decide the fate of global climate action. Five years down the line, countries were scheduled to return to the forum and finalise a rulebook on how to implement the Paris Agreement. By Lou Del Bello. On the agenda at COP26.

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Sustainable Finance 101: Transforming Finance for a Sustainable Future

Enviromental Defense

Canada promised to cut its greenhouse gas emissions after the 2016 Paris Agreement. It was part of the global agreement where 195 countries all agreed to reduce their emissions, and Canada has set this promise into law. Rather, they need to have proper plans on how they will build clean energy across the country.