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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Climate action in Asia - a region that produces more than half of global emissions - is intensifying, and competition among rivals helps. There has been 57% increase in companies setting carbon-cutting targets or are in the process of getting targets approved, between 2019 and 2020.

An interesting article that questions whether the Asian corporates' targets realistic, ambitious or greenwash.

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https://www.eco-business.com/news/asian-companies-claim-they-are-going-net-zero-but-are-their-target...

Yep, ships are around 20x more efficient than trucks in shipping, and why scrap metal prices are going up

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https://www.npr.org/2021/03/24/980841456/you-asked-for-shots-tuna-metal-and-money
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Canadian supreme court upholds Justin Trudeau’s carbon tax

Ruling seen as vindication of Liberal party’s focus on climate despite opposition from some provinces

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https://www.ft.com/content/077ba8f5-c2b1-4b97-a69d-416ad8aaee9c
Sustainable Energy for All(SEforALL)

Like access to electricity or clean cooking, access to sustainable cooling is an energy service that is essential for achieving Sustainable Development Goal 7 (SDG7). Just as women and girls face challenges gaining access to education, healthcare and formal employment, their ability to access and… Read More

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Can We Be Green And Grow?

As prospects for an end to the pandemic prompt talk of building back better, many have argued for a sustainable, inclusive and resilient recovery as the best means to secure growth in productivity.

But are such proposals realistic or is the continued pursuit of exponential economic growth part of the problem? Many argue for reducing the size of economies (degrowth) or at the very least a shift away from the pursuit of economic growth as an objective.

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https://www.forbes.com/sites/dimitrizenghelis/2021/03/19/can-we-be-green-and-grow/?sh=31b26eb74ce0
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UN Adopts Environmental Accounting Framework, Marking Huge Steps in Fight Against Climate Change

The new framework, the System of Environmental-Economic Accounting-Ecosystem Accounting (SEEA EA), was adopted by the UN Statistical Commission. This is a major development that goes beyond the commonly used statistic of Gross Domestic Product (GDP) that has dominated economic reporting since World War II.

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https://weather.com/en-IN/india/environment/news/2021-03-11-un-environmental-accounting-framework-to...
International Finance Corporation(IFC), International Institute of Finance(IIF)

Banking regulators around the world are developing supervisory and regulatory approaches to climate-related risks. The IFC and the International Institute of Finance (IIF) will discuss findings from a recent report by IIF, which makes the case for prudential authorities to consider both micro… Read More

Created a Post in Climate Change

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

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https://www4.unfccc.int/sites/ndcstaging/PublishedDocuments/Lebanon%20First/Lebanon's%202020%20...