With over 70% of states and regional governments advancing with ambitious transition plans, they are key to driving down emissions across the globe, the Under2 Coalition said in a new report today. Marking a decade of subnational leadership, the Coalition has mobilised US$18 million for peer learning and capacity building, including US$1.5 million through the Future Fund to support 53 regions in emerging and developing economies. The Under2 Coalition, the world’s biggest network of states and regions that are driving climate action today launched its report “Keeping the Paris Agreement…
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SteelZero: Consistent reporting standards needed to achieve real emissions cuts
SteelZero calls for greater transparency and alignment around emissions reporting in new position paper The global steel industry urgently needs clear and consistent emissions reporting standards to build trust and accelerate genuine decarbonisation. In a new position paper, Climate Group’s SteelZero campaign highlights the risks posed by inconsistent use of mass balance accounting — an approach increasingly used to attribute lower emission steel across a company’s total output. When applied transparently, mass balance accounting can support companies to track progress and expand the use of cleaner materials. But when used…
Read MoreMars Renewable Acceleration Program Wins Climate Group RE100 Leadership…
Mars are proud to have been recognized by the Climate Group for our Renewable Acceleration program with the RE100 Leadership Award in the Market Trailblazer category. 11 years after Mars helped create RE100 to encourage companies adopt renewable electricity to cover 100% of their direct operations, it feels great to be on stage and being recognized for extending our renewables commitment well beyond that. The RE100 market trailblazer award celebrates RE100 members who are committed to driving market change, communicate transparently about the barriers they face; and collaborate with companies,…
Read MoreClimate Group urges European Commission to maintain climate investment targets
Joint letter urges EU to safeguard 30% climate and 10% biodiversity spending in post-2027 budget to address escalating environmental and health threats. Climate Group joined 62 other businesses and civil society organisations in signing a letter calling for the European Commission to maintain at least 30% horizontal spending target for investments in climate and the environment in the post‑2027 Multiannual Financial Framework. Dedicating at least 30% of the overall EU budget to the climate and 10% to biodiversity is a sustainable and urgent investment, which protects European communities from existential…
Read MoreClimate Group urges European Commission to maintain climate investment targets
Joint letter urges EU to safeguard 30% climate and 10% biodiversity spending in post-2027 budget to address escalating environmental and health threats. Climate Group joined 62 other businesses and civil society organisations in signing a letter calling for the European Commission to maintain at least 30% horizontal spending target for investments in climate and the environment in the post‑2027 Multiannual Financial Framework. Dedicating at least 30% of the overall EU budget to the climate and 10% to biodiversity is a sustainable and urgent investment, which protects European communities from existential…
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