{"id":1371,"date":"2020-09-10T15:34:56","date_gmt":"2020-09-10T20:34:56","guid":{"rendered":"http:\/\/nexosmasuno.pe\/membresia\/?p=1371"},"modified":"2020-09-10T15:34:56","modified_gmt":"2020-09-10T20:34:56","slug":"reporte-sector-privado-desarrollo-sostenible","status":"publish","type":"post","link":"https:\/\/nexosmasuno.com\/en\/reporte-sector-privado-desarrollo-sostenible\/","title":{"rendered":"Developing a reporting framework for the private sector focused on assessing sustainable development"},"content":{"rendered":"
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Within the framework of the project<\/span> Increasing the transparency and documentation of the private sector's contribution to national climate commitments.<\/i><\/b> that Lib\u00e9lula, through its platform <\/span>nexos+1<\/span>, The webinar \u201c...the UNEP-DTU Partnership\" was held on August 20, 2009.\u201c<\/span>Developing a reporting framework for the private sector focused on assessing sustainable development\u201d. <\/span><\/i>If you were unable to participate, here are the key aspects to consider when documenting how your organization is contributing to the Sustainable Development Goals and targets.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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About the Dragonfly Project & UNEP-DTU Partnership<\/b><\/h2>

To achieve the Paris Agreement goal of keeping the global average temperature increase well below 2\u00b0C, relative to pre-industrial levels, and to continue efforts to limit warming to 1.5\u00b0C, every effort that results in reducing greenhouse gas (GHG) emissions or contributing to the Sustainable Development Goals (SDGs) counts. In this context, Maria Paz Cigar\u00e1n (CEO of Lib\u00e9lula) opened the webinar by highlighting the crucial role of the private sector in catalyzing climate action from companies in Latin America, and thus contributing to the greater ambition of countries' climate commitments. However, although several initiatives have been taking place at all scales in the region, they are still not measured, monitored or reported. In fact, according to the <\/span>Science Based Targets<\/span><\/i> (2020) which collects information from companies that pledge science-based climate commitments, of the 854 companies that registered their commitment worldwide, only 4.0% were from Latin America.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cThis project seeks to contribute to achieving 50% emissions reductions by 2030 and carbon neutrality by 2050.\u201d<\/div>\n\t\t\t\n\t\t\t\t\t\t
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Maria Paz Cigaran<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
CEO of Lib\u00e9lula<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In order to establish an adequate transparency process for the private sector, this project seeks to answer 3 fundamental questions:
(1)<\/span> Why do companies in Latin America take and report climate action?<\/i><\/b>,
(2) <\/span><\/i>What is the path you are following to transform your companies? How are you doing it?<\/i><\/b>, y
(3)<\/span><\/i> How to catalyze greater climate action in the region and have it reported and made visible, contributing to the countries' climate goals?
<\/i><\/b>The results of ongoing studies addressing these questions will be shared in subsequent issues of this newsletter.<\/p>

The importance of documenting your organization's contribution to Sustainable Development<\/b><\/h2>

Companies have announced important climate commitments based on the different actions they have been developing. Thus, Fatemeh Bakhtiari (Senior Researcher, UNEP-DTU Partnership) argued that documenting how and how much the private sector has been contributing to the Sustainable Development Goals and targets is key to promoting and scaling up its participation in increasing ambition to meet climate commitments under the Paris Agreement and the 2030 Agenda; both as part of national efforts and to give credibility to the numerous international pledges made by these actors.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\u201cDocumenting how the private sector has been contributing to the SDGs and their targets will be critical to further engage it in the much-needed increase in ambition.\u201d <\/div>\n\t\t\t\n\t\t\t\t\t\t
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Fatemeh Bakhtiari<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
Senior Researcher of UNEP-DTU Partnership<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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On the other hand, demonstrating how these actors have made and can make important contributions will help lay the groundwork for sustained changes in economic, political, social and technical systems, as well as attract private investors to improve the financing of low-carbon projects aligned with the SDGs.<\/span><\/p>

In organizational terms, measuring and reporting climate action not only raises awareness of climate change within companies, but also serves as the backbone of an appropriate action plan, including the evaluation and monitoring of its impact. In addition, it helps decision-makers develop effective strategies to achieve sustainable development objectives in the company by better understanding the impacts associated with policies and actions.<\/span><\/p>

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On the key aspects of documenting your contribution to Sustainable Development<\/b><\/h2>

Fatemeh Bakhtiari also shared through this space the key aspects to systematically assess and report on the multiple impacts of climate action through standardized formats, under the framework of the ICAT methodology:<\/span><\/p>