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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
CLIMATE CHANGE AND LITERACY CHALLENGES
Congrats to Lebanon for joining the 76 parties who have submitted their updated NDC! Follow on ClimateWatch (https://www.climatewatchdata.org/ndcs-explore) as more are submitted this year
Created a Post in Blue Economy, Climate Change, Sustainable Finance
'Mobile banking boosts fishers’ financial identities and savings' -- With a permanent bank account, fishers can now start to develop a financial identity through their savings transactions and be counted as part of the formal banking sector. In the future, BPI-BanKo and Rare are planning to explore micro-insurance products for fishers, who often suffer the most when typhoons ravage their coastal communities and affect their livelihood. With extreme weather events posing bigger challenges for them, fishers could benefit from financial products that would help them adapt to climate change.
Created a Post in Climate Change, Green Recovery from COVID-19
In her call with Finance Minister Sri Mulyani Indrawati, Yellen underscored her desire to expand ties between the US and Indonesia to address challenges such as the need for a strong recovery from the COVID-19 pandemic and global efforts to address the threat of climate change, a Treasury statement said.
Created a Post in Climate Change, Sustainable Finance, Industry and Entrepreneurship
Companies are more than twice as likely to disclose their environmental impact when directly engaged by investors. How does direct investor engagement drive corporate environmental transparency?
Created a Post in Climate Change, Green Recovery from COVID-19, Industry and Entrepreneurship
The Green Industry Platform has launched the beta version of its dedicated SME Support Centre! Check out this user-friendly online portal to help SMEs develop a resource efficiency strategy and implement specific actions.
Created an Opportunity in Climate Change
At first sight, it makes a lot of sense to leave other, more complicated or more expensive, interventions for later. But delaying the most difficult actions comes with significant risks. If retrofitting buildings or changing urban travel is difficult and expensive, it is tempting to delay action in these domains until 2030 or 2040. By doing so, however, a country may find itself with a massive stock of inefficient buildings and cities completely dependent on individual cars, with only two or three decades to decarbonize them. With less time in front of us, the task will only seem more daunting by then. Not having acted earlier – and more gradually – in hard-to-decarbonize sectors may well look like a missed opportunity. Long-term strategies – working back from 2050 to determine the decisions and investments that need to be made today – can help countries make these difficult decisions.
Created a Post in Agriculture, Climate Change
“Food systems” were responsible for 34% of all human-caused greenhouse gas emissions in 2015, according to new study published in Nature Food. This study presents the first database to break down emissions from each stage of the food chain for every year from 1990 to 2015. It also unpacks emissions by sector, greenhouse gas and country.