Day: 22 January 2023

Kering And L’Occitane Group Join Forces To Finance Nature Protection At Scale With The Climate Fund For Nature

Stuart Mitchell

At the 15th Conference of Parties (COP) of the Convention on Biological Diversity, taking place in Montréal, global luxury group KERING and premium and sustainable cosmetics company L’OCCITANE Group have announced their teaming up to create the Climate Fund for Nature. The ambitious Climate Fund for Nature will mobilize resources from the Luxury Fashion and Beauty sectors to protect and restore nature, with a particular focus on women empowerment. EUR 140m are already committed out of a EUR 300m target size and the fund will be open to new partner…

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Europe’s largest banks falling short on climate and biodiversity action

Stuart Mitchell

ShareAction, the UK’s leading responsible investment NGO, has today issued a major report into Europe’s top 25 banks and their approaches to tackling climate change and protecting the world’s natural habitats. The report, In Debt to the Planet, identifies some improvements in banks’ climate and biodiversity strategies since ShareAction’s last survey in 2020, but reveals that Europe’s top banks still have a long way to go to meet internationally agreed standards to deal with the global climate crisis, cut carbon emissions, and safeguard the planet’s vital ecosystems. Despite all 25…

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IUCN Restoration Barometer documents extensive ecosystem restoration across 18 countries

Stuart Mitchell

The International Union for Conservation of Nature (IUCN) has published its first Restoration Barometer report, documenting that investments of $26bn across 18 countries have brought 14 million hectares of degraded landscapes – an area about the size of Greece – under restoration. The report details how 18 countries are using the Restoration Barometer tool to track progress on their restoration commitments under global agreements, which total 48 million hectares by 2030. It shows that restoration activities are currently ongoing in a total of 14 million hectares, thanks to a cumulative…

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Academics publish “Unanswerable” case against Fur Factory Farming

Stuart Mitchell

An Ethical Critique of Fur Factory Farming’ was published by Palgrave Macmillan as part of their forty-volume strong Animal Ethics Series. Purdue University ethicist, Professor Mark Bernstein describes this newly published report as providing an “unanswerable” case against fur factory farming. He continues that “Anyone even remotely thinking about buying fur, needs first to read this book.” The study found that “the conditions in factory fur farms means it is impossible for animals farmed for their fur to express their normal species-specific behaviour. The inability to live their normal expressive…

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Nature-based Solutions can generate 20 million new jobs, but ‘just transition’ policies are needed

Stuart Mitchell

Twenty million jobs could be created by further harnessing the power of nature to address the major challenges facing society, such as climate change, disaster risk and food and water insecurity. Investing in such policies that support Nature-based Solutions (NbS), would generate significant employment opportunities, particularly in rural areas, says a new report by the International Labour Organization (ILO), the UN Environment Programme (UNEP) and the International Union for Conservation of Nature (IUCN). Launched at the UN’s Biodiversity Conference, COP15, in Montreal, the report, Decent Work in Nature-based Solutions , underscores…

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