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

Enviromental Defense

Canada finally has an all-star team ready to tackle the biggest gap in Canada’s climate plans: regulations that align Canada’s financial system with climate action. 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.

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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. Why financial regulation? The government sets regulations to keep Canadians safe.

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Pittsburgh 2030 District Announces Significant Progress In Reducing Carbon Emissions - 44.8% From Baseline; Savings Of $59.7 Million In Utility Costs

PA Environment Daily

C carbon budget set forth in the 2015 Paris Agreement, countries must reduce CO2 emissions in the entire [existing] built environment by 50-65% by 2030 and reach zero carbon by 2040. If it can be done here – in a city that is lacking in regulations but strong in public will – it can be done everywhere.

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The journey to a climate-safe future needs a proper roadmap

Enviromental Defense

With renewable energy, like solar and wind, becoming cheaper and easier to scale up, there has never been a better moment for governments to transition away from the fossil fuel industry and its destructive impacts on the environment, the climate and communities. What we need to see in the Energy Futures report?

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Analysis: New coal mines add question mark to India’s climate commitments

A Greener Life

By Rejimon Kuttappan Along with a major expansion of renewable energy, India is also pushing for big increases in its coal production, casting doubt on its climate commitments. India’s “ambitious” updated NDCs are a successful “balancing act [of mitigation] and economic growth requirements”, Mishra says.

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A look back at significant decisions in climate litigation in 2022

Law Columbia

European Commission , the City of Paris, the City of Brussels, and the Municipality of Madrid brought an action against the European Commission (EC) challenging a regulation establishing a new procedure for testing the real driving emissions of certain motor vehicles.

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