About this Discussion

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. 

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Climate Change

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Plants and animals that only live in one region – known as “endemic” species – are expected to be “consistently more adversely impacted” by climate change than their less specialised counterparts.

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https://www.carbonbrief.org/climate-change-will-hit-endemic-plants-and-animals-the-hardest-study-war...

Academic researchers have produced the whitest-ever paint, with the aim of boosting the cooling of buildings and tackling the climate crisis. The new paint reflects 98% of sunlight as well as radiating infrared heat into space, reducing need for air conditioning.

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https://www.theguardian.com/environment/2021/apr/15/whitest-ever-paint-could-help-cool-heating-earth...
Green Climate Fund(GCF)

There is a shrinking window of opportunity to address the climate crisis. Average global temperature is currently estimated to be 1.1°C above pre-industrial times. Based on existing trends, the world could cross the 1.5°C threshold within the next two decades and 2°C threshold early during the… Read More

Global Covenant of Mayors for Climate & Energy(GCoM)

During the week of October 11-15 2021, UN-Habitat and the Global Covenant of Mayors for Climate and Energy (GCoM) welcome you to the groundbreaking Innovate4Cities 2021 Conference, a virtual multi-day global/regional event bringing together science and innovation, policy and practice to enable… Read More

Africa Seeks $25 Billion for Climate Adaptation, Green Recovery -- The continent has already secured $12.5 billion from AfDB for a newly launched Africa Adaptation Acceleration Program and expects to secure the balance at the next two United Nations Climate Change Conferences. The Program seeks to establish a centralized body through which African governments, multilateral and bilateral institutions and donors can channel funds to organized adaptation initiatives on the continent.

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https://www.bloomberg.com/news/articles/2021-04-09/africa-seeks-25-billion-for-climate-adaptation-gr...

Bangladesh has approved its first green bond, to finance environmentally-friendly projects including renewables.

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https://www.pv-magazine.com/2021/04/12/bangladesh-launches-first-green-bond/
Stephani Widorini commented on Maria Dumpert's Post in Sustainable Finance, Climate Change

Happening tomorrow, 13 April — Debt-for-Climate Swaps for Small Island Developing States: An Innovative Approach to Preventing a SIDS Debt Crisis

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https://nyu.zoom.us/webinar/register/WN_RCx3IUixQF6taOUcc9-4nA

So far, there has been no way for companies to account for their benefits and costs to society and the environment. According to the Impact-Weighted Accounts Initiative (IWAI) at Harvard Business School, it becomes apparent that many companies are creating environmental costs that exceed their total profit. So, how to measure a company's real impact?

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https://hbr.org/2020/09/how-to-measure-a-companys-real-impact