nexos+1 NEWS brings you the most relevant news and leadership in corporate climate action in Latin America and globally. In this edition, don't miss the report on investing in GARI climate resilience, The report also includes an editorial note on how Latin American companies should act in the face of non-compliance with climate targets and the transition to a low-carbon economy.
Newsletter highlights:
- The G7 agrees end the use of coal in its power plants by 2035
- Can the AI to drive sustainability?
- SBTi will allow a increased role of carbon credits on net-zero emissions targets
- The physical risk of climate change: a threat to banking stability
- The 7 R's of the circular economy: The road to sustainability
- Climate change is leaving the mining between a rock and a hard place
Two years to save the world?
This is what the UN Executive Secretary for Climate Change, Simon Stiell, alerted us. According to the Paris Agreement, in order to keep global warming to 1.5°C, greenhouse gas emissions must be reduced to 1.5°C. emissions will peak before 2025 and be reduced by 43% by 2030. We are eight months away from 2025; emissions continue to rise and national government commitments are not aligned with the 1.5°C target.
A group of leading financial and philanthropic organizations recently published a investor report and toolkit which highlight the climate resilience solutions as a key growth industry of the 21st century.
“Investing in Climate Resilience”.” (Investing in Climate Resilience) presents a unique framework, based on artificial intelligence (AI), that identifies a universe of more than 800 publicly traded companies in the resilience business, along with methods that investors can use to find these companies and incorporate climate resilience into the design of investment products.
