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According to the IPCC, the concentration of greenhouse gases in the earth’s atmosphere is directly linked to the average global temperature on Earth, and the concentration has been rising steadily. The most abundant greenhouse gas, accounting for about two-thirds of greenhouse gases, carbon dioxide, is largely the product of burning fossil fuels.
There is alarming evidence that important tipping points, leading to irreversible changes in major ecosystems and the planetary climate system, may already have been reached or passed. One of the most urgent challenges facing countries across the world today is how to achieve economic prosperity and development while also combating climate change.
The Paris climate change agreement commits nations to limit global temperature rise to no more than 2°C above pre-industrial levels, with countries pledging to cut or curb their greenhouse gas emissions – through a combination of mitigation and adaptation measures – by 2030.
Created an Event in Sustainable Finance, Climate Change
Created a Post in Climate Change
Without the Montreal Protocol to phase out ozone-depleting chemicals, the world could have been extra 2.5℃ hotter by the end of the century.
Modeling by climate scientists found that the 1987 Montreal protocol curbing chlorofluorocarbons (CFCs) gave humans a fighting chance of limiting global heating to 1.5C as set out by the Paris agreement.
CFCs, which were once commonly used in insulation foams and aerosols, not only deplete the ozone layer but are also powerful greenhouse gases. The atmosphere has already warmed 1.1C to 1.2C above pre-industrial levels, meaning the Earth could have been facing 3.5C of warming if CFCs were still in use.
Created an Opportunity in Natural Capital, Sustainable Finance, Climate Change
Created a Post in Climate Change, Natural Capital, Sustainable Finance
Dear all,
CDSB launched a consultation on the Biodiversity Guidance.
The objective of the Biodiversity Guidance is to support organisations in preparing high-quality disclosures that enable users of mainstream reports to assess material biodiversity-related financial information.
We welcome your feedback!
Created a Post in Cities and Urban Development, Climate Change, Water and Sanitation
Green Bonds Funding a Water-secure Future
Created an Event in Energy, Climate Change
Building on the first research done in 2018, the World Bank released the second “Groundswell” report on Monday, giving a warning that unchecked climate change could lead 216 million people to migrate within their own countries by 2050. If internal climate migration is not managed well, it can put pressure on people, communities, and the livelihood systems.
Created a Post in Green Recovery from COVID-19, Climate Change, Industry and Entrepreneurship
In the latest #TheGreenRenaissance podcast, reflections from PAGE@HLPF 2021 ?
Find out how governments can turn economic recovery into sustainable economic transformation (... the answer? A mix of finance, private sector incentives, citizen engagement, and partnerships).
Listen and subscribe ? bit.ly/3ziY6A6
With Guy Ryder (International Labour Organization), Inger Andersen (UN Environment Programme), Rita Schwarzelühr-Sutter (Federal Ministry for the Environment, Germany), H. E. Elizabeth Thompson (Government of Barbados), Dr. Febrio Nathan Kacaribu (Ministry of Finance, Indonesia) and Melati Wijsen (Youth Climate Activist).
Air pollution represents the world’s leading environmental risk to health, costing the globe an estimated $8.1 trillion in 2019 and killing an estimated seven million people every year. In honor of International Day of Clean Air for Blue Skies day on September 7, World Bank Global Director for the Environment, Natural Resources, and the Blue Economy Global Practice, Karin Kemper, explores what can be done to address this issue.
Created a Post in Climate Change, Green Recovery from COVID-19
Rather than regarding the human and economic costs as inevitable, countries would do far better to ensure that their populations and their infrastructure were more resilient. This would involve strengthening infrastructure such as bridges and roads, as well as schools and other buildings that provide shelter and support at times of crisis. Above all, governments should invest in more robust health infrastructure.