ESG and Of Interest News
Progress in national climate policy efforts remains insufficient to achieve 2030 targets
November 7, 2024--The global economy is facing mounting challenges amidst the largest energy market shock since the 1970s and the cost-of-living crisis for many households from rising inflation pressures. |
| According to the 4th edition of the Climate Action Monitor, Nationally Determined Contributions (NDCs) currently commit to a collective reduction in greenhouse gas emissions of only 14% by 2030, compared to 2022 levels, in countries covered by IPAC which produce over 80% of global GHG emissions. This is well short of the estimated 43% global emission reduction needed to limit global warming to 1.5°°. Paris Agreement goal according to the Intergovernmental Panel on Climate Change (IPCC). |
IMF Working Paper-Following the Money: Who is Keeping Coal Alive?November 1, 2024--Summary |
Joint report explores scope for co-ordinated approaches on climate action, carbon pricing, and policy spilloversOctober 23, 2024--Five international organisations today released a landmark report that outlines pathways for co, ordinated approaches on climate action, carbon pricing, and the cross, border effects of climate change mitigation policies with a view to achieving global climate goals. |