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Showing 11 - 20 of 122 results for "Global Warming"

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
... totals more than 129 gigatons, which would consume around half of the remaining global carbon budget for keeping global warming to 1.5 degrees." Super funds have "no remaining excuses for failing to act".

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... communities. The 16 grants will help locals decarbonise, adapt to a changing climate, and mitigate the risks of global warming. The projects are the first cohort from the Community Led Climate Solutions program, funded by Cannon-Brookes' $1.5 billion ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... change. We have committed to aligning our investments in power generation with climate scenarios aiming to reduce global warming to well below 2°C. We have a strict coal policy and have substantially reduced our exposure to unconventional oil & gas. ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... path in their portfolio, whereas with stricter carbon limits the "darker green" PABs align more closely with the global warming commitments outlined in the Paris Agreement. The authors compare the cost of transitioning a €3.5-billion portfolio to the ...

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... Environmental groups commented that the plan was a strong step forward, but it fell short of the action needed to limit global warming to 1.5°C. "While we welcome and celebrate this positive move, setting a target is only the beginning," Queensland ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... Sultan Al Jaber, COP28 president, claimed there is "no science" that phasing out fossil fuels is necessary to limit global warming to 1.5 degrees. Al Jaber is the UAE Minister for Industry and Advanced Technology and Special Envoy for Climate. He is ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... Agreement. A technical report on the stocktake has said that the globe is not making sufficient progress to contain global warming to 1.5 degrees Celsius, and governments at COP28 are expected to take a decision on the results to potentially accelerate ...

COP28 Unveiled: Assessing Global Climate Progress and the Road Ahead

VIRGINIE DERUE  |  THURSDAY, 23 NOV 2023  |  NEWS
... presidency. The IPCC report's conclusions are alarming. It warns the direction of travel in terms of keeping global warming significantly below 2°C above pre-industrial times is off track - and that the chances of triggering climate tipping points ...

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... scenarios offered by NGFS based on current policies predict global efforts are insufficient to halt significant global warming and critical temperature thresholds will be exceeded, leading to severe physical risks and irreversible consequences. The modelling ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... attractive returns for investors," Watson said. "I know that many super funds, and their members, care deeply about global warming and want to invest in the energy transition, but can't always find investments that meet their ESG, risk and return ...