In a landmark moment for ocean protection, the High Seas Treaty has reached the threshold of 60 governments signing it into law, clearing the way for the historic agreement to enter into force. This is the most important global agreement on the environmental crisis since the 2015 Paris Climate Agreement. With less than 1% of the High Seas currently fully or highly protected, the Treaty is crucial to expanding protection, establishing sanctuaries that allow biodiversity to recover and wildlife to thrive, helping to mitigate the climate crisis, and safeguarding food…
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Barclays unveils approach to navigating nature-related financial risk
Barclays publishes leading approach to assessing nature-related financial risks of large financial portfolios and outlines pragmatic steps to drive progress. Understanding of nature-related risk and how to include it in economic and financial modelling is nascent. To make progress, Barclays is seeking to drive forward an industry-wide conversation and, in a new publication, Navigating Nature Risk: Applying the TNFD’s LEAP framework, details how it has leveraged the Taskforce on Nature-related Financial Disclosure’s Locate, Evaluate, Assess and Prepare Framework (LEAP). Focusing on a sample of mining and European power companies, Barclays…
Read MoreHow climate policy can be made socially just and enforceable worldwide
A model study now explores how carbon pricing with redistribution can help the energy transition and the climate worldwide, while increasing welfare and reducing economic inequality – which is important for enforceability. According to the study, good results would be achieved by a globally uniform carbon price paired with moderate financial transfers to poorer countries, or by a carbon price differentiated by country with domestic revenue recycling. The study was co-authored by the Potsdam Institute for Climate Impact Research (PIK) and published in the top journal Proceedings of the National…
Read MoreSustainable Concrete Buyers Alliance Launches to Accelerate Adoption of Low-Carbon Building and Infrastructure Materials
In a landmark step for the cement and concrete sector, RMI (founded as Rocky Mountain Institute) and the Center for Green Market Activation (GMA) recently launched the Sustainable Concrete Buyers Alliance (SCoBA), bringing together founding members, including Amazon, Prologis, and Meta, alongside other leading organizations to accelerate adoption of low-carbon cement and concrete for 21st century buildings and infrastructure. SCoBA is the first buyers group formed to collectively procure environmental attribute certificates for low-carbon concrete, aiming to turn demand into real-world offtake agreements that enable producers to invest at scale…
Read More82% of organizations now plan to increase investment in environmental sustainability in the next 12–18 months as a core future-proofing strategy
The fourth edition of the Capgemini Research Institute’s report, “A world in balance 2025: Unlocking resilience and long-term value through environmental action,” released today, finds that organizations remain committed to sustainability despite global uncertainty. In fact, three quarters of them say it is a core future-proofing strategy for their organizations to drive long-term competitiveness, innovation, and resilience. However, the report reveals a gap between perceived preparedness and actual resilience, suggesting organizations are confusing planning with concrete climate adaptation. Organizations continue to prioritize sustainability despite global uncertainty More than 4 in…
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