As COP26 approaches, governments across the world are revisiting their nationally determined contributions, which set out country decarbonization targets. This interactive map developed by MSCI ESG Research shows which countries are strengthening pledges to reduce emissions between now and 2030.
Further delay in driving greenhouse gas emissions to net-zero would undermine the ability of nature and society to adapt to the perils of a warming planet and dim prospects for a livable future, the latest report from the Intergovernmental Panel on Climate Change (IPCC) warns.
The COP26 climate conference affirmed the need to act “in this critical decade” to prevent the worst effects of climate change. Nearly 200 countries pledged to revisit and strengthen their climate commitments. Their pact recognizes the need for scaling up private investment to reach net-zero.
The first week of the COP26 conference in Glasgow produced promises by world leaders to slash methane emissions, end deforestation and speed the development of clean technologies. A number of countries also strengthened pledges to reach net-zero. Here are some of the takeaways.
While the world has a 50% chance of keeping global warming to 2°C, preventing the worst extremes of climate change would require advanced economies to relinquish the use of coal by 2035, the latest PRI-sponsored policy scenario finds.
The worst effects of climate change are happening already and may be irreversible without bold action to reduce greenhouse gas emissions to net-zero in the coming decades, the latest report from the U.N. Intergovernmental Panel on Climate Change (IPCC) finds.
Thousands of government officials, leaders of business and finance, academics, members of nongovernmental organizations and journalists are gathered in Glasgow for the COP26 talks with the aim of accelerating action toward achieving global sustainability goals.
Emissions-trading programs limit the carbon that companies can release. By imposing a cap on emissions and allowing companies to buy and sell their unused allowances, such programs put a price on carbon and incentivize the move toward clean energy.
Financial regulators across the world are intensifying their focus on climate risk. Regulators are focusing on both the physical risks of climate change such as extreme weather and the risks to companies from the transition to a net-zero economy.
The Paris Agreement rests on a determination by each signatory country regarding the action it will take to address climate change. Nationally determined contributions (NDCs), which set out countries’ climate targets, measures and policies, form the basis for global action.
Capital-markets participants are committing to transition their portfolios to net-zero emissions by 2050. They are also forming alliances to enshrine commitments, deepen industry insight, share best practices and marshal their collective influence to address the risks and opportunities of climate change.
More investors are publishing their climate-related disclosures, mapping out plans for emissions reductions and setting climate goals. The reports illustrate a variety of approaches used by investors in aiming for net-zero within their organizations and across their portfolios.
Here are terms that will help investors as they take steps to decarbonize their portfolios. Some of the terms come from climate science and others from investing. Together they form a lexicon for bringing sustainable investment to scale.