Business Green

OCTOBER 28, 2021

Sophie Punte from the We Mean Business Coalition sets out the top demands from business leaders at the Glasgow Climate Summit. Businesses have a stake in the COP outcomes for three main reasons - let me explain. This is because business is demanding clearer policies. °C trajectory within reach. ºC pathway.

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Business Green

MARCH 24, 2021

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions. We will not leave oil and gas workers behind in the United Kingdom's irreversible shift away from fossil fuels.

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Business Green

NOVEMBER 19, 2022

as the key target for the Paris Agreement and reiterates last year's promise to deliver a "phasing down" of unabated coal power and a "phasing out" of inefficient fossil fuel subsidies. Including a specific mention of methane in the final agreement has been a leading demand of parties such as the UK and EU over the past week.

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Business Green

NOVEMBER 4, 2022

Another COP is coming - the 27th United Nations Climate Change Conference. In addition, there is growing dismay, and anger in many quarters, that the unmet promises of past COPs, especially in providing finance to those that are suffering loss and damage from climate change, are going to make COP27 even more challenging.

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Business Green

NOVEMBER 7, 2022

My team and I know just how demanding hosting such a conference is, and how many people have worked incredibly hard to get us to this point. We made unprecedented progress on coal, and on fossil fuel subsidies. We committed to rapidly scale up finance, and to double adaptation finance by 2025.

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Business Green

NOVEMBER 11, 2022

EU energy emissions fall, Rwanda gets its first mini-grid, and Brazil preps a COP bid. The report confirms "demand for fossil fuels is falling due to high prices and strong wind and solar output, contrary to fears of a resurgence due to the energy crisis". Brazil to offer to host future COP.

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Business Green

NOVEMBER 15, 2021

The agreement's new commitment to call on countries to strengthen their national climate action plans - NDCs in the jargon - next year, instead of in 2025, represented a remarkable diplomatic coup. A similar dynamic is at play in the row over phasing out or down of unabated coal power and inefficient fossil fuel subsidies.

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Business Green

NOVEMBER 15, 2021

Fossil fuels get named and shamed. For the first time in 25 years of UN climate talks, coal and fossil fuel subsidies have been singled out in an official document. Here, we've picked out 10 key takeaways for business leaders from the Glasgow Climate Pact and COP26 Summit: 1.

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Business Green

AUGUST 4, 2020

The plan - which outlines how the oil giant intends to slash its oil and gas output by 40 per cent by the end of the decade, increase its annual spending on low-carbon technologies and energy 10-fold, and reimagine the fossil fuel business as an integrated energy company - has pushed BP from net zero laggard to what looks like a global leader.

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Business Green

JANUARY 24, 2022

Second, that inaction or delayed action on climate will create immense risks and costs,and populations across the world demand leaders to respond - and to respond now. The International Energy Agency has estimated that about 30 million new workers are needed by 2030 to meet increased demand in the clean economy.

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Business Green

AUGUST 17, 2021

As the countdown to COP 26 continues, hydrogen is an area where the UK can lead by example on the global stage, showcasing the value of strong partnerships between government and the private sector on the road to reducing emissions.".

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Business Green

JANUARY 15, 2023

Powers, vice president for global cleantech and renewables at Schneider Electric, who explores how public-private sector collaboration can help unshackle the surging demand for renewable energy. I think a lot of the feedback that you hear from any of the COPs is we're not doing enough and we're not doing it fast enough. And I agree.

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Business Green

JANUARY 30, 2023

The influential annual report's central scenario, which is dubbed 'New Momentum' and is designed to "reflect the current broad trajectory" of the world's energy system, predicts oil demand would stand at around 93 million barrels a day in 2035 - a reduction of five per cent on last year's forecast.

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Business Green

APRIL 4, 2022

And so today's report's conclusion that while the scale of the challenge is monumental - the world must peak emissions by 2025, before halving them by 2030 - it also encouragingly makes clear that the world already has all of the tools it needs to achieve these aims, in order to keep the chances of limiting global warming to 1.5C

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Business Green

JANUARY 30, 2023

"Despite the marked increase in government ambitions, CO2 emissions have increased in every year since the Paris COP in 2015 (bar 2020)," it continues. Crucially, these changes are evident in both the fossil fuel and the clean energy market. billion by 2050.

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Business Green

NOVEMBER 21, 2021

Business and policy leaders reflect on the major wins from the Glasgow Summit, what needs to happen next, and why COPs could look and feel difficult from now on. Crucially, it signalled the fossil fuel economy is coming to a close - albeit a slower one than is needed, with its explicit targetting of fossil fuel subsidies and coal power.

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DeSmogBlog

NOVEMBER 11, 2021

Iberdrola helps run an annual cycle ride to UN climate summits backed by the International Energy Agency, which recently called for an end to new fossil fuel developments if the Paris Agreement goals are to be met. Before lauding their green credentials and using cheap gimmicks, how about not investing in new fossil fuel plants?”.

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Business Green

NOVEMBER 10, 2021

My question to my fellow world leaders this afternoon, as we enter the last hours of COP, is: Will you help us do that? "Here in Glasgow the world is closer than it has ever been to signalling the end to anthropogenic climate change," he added. "My Will you help us grasp that opportunity, or will you stand in the way?".

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Business Green

NOVEMBER 7, 2022

After a marathon 48 hours of pre-Summit talks, the agenda for the official negotiations was confirmed yesterday and in an early breakthrough for developing economies Loss and Damage was included on the agenda for a COP Summit for the first time. In addition, £65.5m

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Business Green

FEBRUARY 25, 2022

COP talks each year are often fraught and progress remains far too slow, as today's IPCC report on escalating climate impacts will testify. As close observers of global climate diplomacy have long argued, if the COP process and the Paris Agreement did not exist you would have to invent them. The US left the treaty altogether briefly.

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Business Green

FEBRUARY 3, 2021

Its membership, which includes major institutional investors such as Allianz, Aviva, AXA, and the Church of England, have committed to ensuring their entire portfolios are free of greenhouse gas emissions by 2050, backed by short-term emissions targets every few years starting in 2025. It's a net zero COP. That's the objective.

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Business Green

NOVEMBER 20, 2022

However, at the same time many countries were left disappointed at the failure to secure a more ambitious agreement on phasing down the use of fossil fuels and accelerating global decarbonisation efforts. It gives the key political signals that indicate the phasedown of all fossil fuels is happening. "We degrees was weak.

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Business Green

OCTOBER 14, 2022

Sharma's appeal for a transformation of financial institutions is set to form part of a broader speech setting out climate finance priorities of the COP27 Climate Summit, where the UK will officially hand over the COP Presidency to host nation Egypt. It will soon be time for Egypt to pick up the baton," he is expected to say.

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Climate Tech VC

DECEMBER 22, 2023

Big demand funnel even with the lower quality credits exiting the supply. An Article 6 agreement at COP could be the wildcard here. It's a predatory delay strategy and a fossil fueled meme, not a decarbonization strategy.  Sean : The peaceful transfer of power coming up in January 2025. Joshua : No!

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