Tag: Paris Agreement
Alliance Expands Framework To Focus On Real-Economy Transitions Institutional investors representing more than $9 trillion in assets are sharpening their approach to climate alignment. The Net-Zero Asset Owner Alliance (NZAOA)...
A Market Design Moves Into Operation The UN carbon market established under the Paris Agreement has approved its first issuance of credits, formally shifting the long-negotiated Article 6.4 mechanism from...
The United States has formally exited the Paris Agreement for the second time, completing a year-long withdrawal process and removing the world’s largest economy from the principal multilateral framework for...
• The EU will push for accelerated delivery on the Paris Agreement through new Nationally Determined Contributions (NDCs) and commitments to tripling renewables and doubling energy efficiency by 2030.• The...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
EU-China Joint Climate Statement Marks New Phase in Green Cooperation At the EU-China Summit in Beijing, held during the 50th anniversary of diplomatic ties and the 10th anniversary of the...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
The Net Zero Banking Alliance (NZBA), a UN-backed coalition of over 120 global banks, has formally voted to loosen its commitment to the 1.5°C global warming target, pivoting instead to...
Singapore expands its global carbon market framework with a new bilateral Implementation Agreement with Chile, marking its fifth such pact under Article 6 of the Paris Agreement. This legally binding...
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