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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. Let’s start with the obvious: the burning of fossil fuels is the main driver of climate change.

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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. However, these companies can’t be banking on climate failure forever.

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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. Investments in polluting activities contribute to climate disasters like wildfires, and hold Canada back from securing opportunities and good jobs in the green economy.

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MAS Launches Singapore-Asia Taxonomy

Clean Energy Law

Green , James Bee , and Kevin Mak On 3 December 2023, the Monetary Authority of Singapore (MAS) unveiled the Singapore-Asia Taxonomy for Sustainable Finance (Taxonomy) at the United Nations COP28 climate conference in Dubai. The relevant CFPP owner has a Paris Agreement-aligned transition plan.

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

Union of Concerned Scientists

Four important global reports released in the last two days set up a deeply sobering context for the upcoming annual international climate talks in Egypt, also called COP27. Source: UN Climate Change 2022 NDC Synthesis Report. Source: UN Climate Change 2022 NDC Synthesis Report. The UNEP Emissions Gap Report.

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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. South Asia is home to nearly a quarter of the world’s population , and to some of the countries most vulnerable to the impacts of climate change. By Lou Del Bello.