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Global Briefing: Colombia to host pre-COP biodiversity summit

Business Green

Australian court cases, fossil fuel phase out alliances, and a vote of confidence in Gold Standards all feature in this week's latest round up of global green business news. Colombia to host hybrid Biodiversity PreCOP. Australian oil firm Santos facing court action over 'net zero' claims.

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COP27: A quick guide to common terms

Business Green

C, nature-based solutions and the just transition – a pre-climate summit jargon-buster for investors. This is the global temperature rise above pre-industrial levels targeted by the 2015 Paris Agreement. The hope is that limiting global warming to 1. The hope is that limiting global warming to 1. Adaptation.

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The new TCFDs? Inside the quest to develop a global nature-related risk framework for business

Business Green

The Taskforce for Nature-related Financial Disclosures has unveiled its prototype risk assessment framework, with a view to finalising its guidelines next year. So, fast forward a few years from now, could the same trend be repeated for nature-related risks such as biodiversity loss and habitat destruction?

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Sustainable business in 2021: Five things we learned

Business Green

Climate tech is doing what technology often does: becoming cheaper and more efficient, leveraging economies of scale, network effects, global trends and competitive pressures. For example, the idea that a passenger jet could travel without using petroleum seemed — well, a flight of fancy.

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'A new world of hybrid governance': Rachel Kyte on the battle to bring integrity to voluntary carbon markets

Business Green

The former UN climate chief and esteemed academic is the co-chair of the Voluntary Carbon Markets Integrity Initiative (VCMI), a group aiming to establish a framework for how companies can credibly tap carbon removal credits so as to reduce their climate impact. How do you create the rules for a brand new market?

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How the Integrity Council's new global benchmark could prove a watershed moment for the carbon market

Business Green

The group added it is also publishing the first part of its Assessment Framework, which it said would provide detailed criteria for assessing whether carbon-crediting programs are CCP-Eligible. ICVCM said carbon-crediting programs are expected to be able to label the first credits as CCP-Approved later this year.

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1.5 and 2°C: A Journey Through the Temperature Target That Haunts the World

DeSmogBlog

In 2015, nearly 200 countries agreed to “Holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C It was at COP21, where the Paris Agreement , the most important climate pact to date, was enshrined.

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