This letter is being released ahead of COP28 by the World Economic Forum on behalf of the Alliance of CEO Climate Leaders. Limiting the average global temperature increase to 1.5°C is at risk of slipping out of reach unless there is a rapid increase in public-private collaboration and action to accelerate emission reductions across global...
The choices and actions taken this decade will impact us all – and future generations to come. We know the solutions, and this includes dismantling the fossil fuel economy, properly governing the extraction of “transition minerals,” and preventing money flowing to businesses carrying out deforestation and other biodiversity-wrecking business activities. And we know some of...
JOHN KERRY LOOKED on from the front row as Sultan Al Jaber of the United Arab Emirates took to the stage in Abu Dhabi in January. Next to Kerry on the plush white chairs reserved for VIPs were senior figures from the Emirati, British, and U.S. governments. It was Al Jaber’s first public appearance since being...
Welcome back — and a big thank you to all the participants who made day one of the Moral Money Summit Americas such a success (especially the many loyal readers in attendance).We continue today in New York with an action-packed second day, featuring former Colombian president Iván Duque Márquez, Verizon chief executive Hans Vestberg, Hester...
Companies including Nestle (NESN.S), Unilever (ULVR.L), Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels. The 131 companies, which have nearly $1 trillion in global annual revenues, wrote in a letter published on Monday that attendees at the COP28 summit must commit...
Since their inception more than 30 years ago, carbon offsets have given false comfort to those seeking easy solutions to the climate crisis. Encouraging one party to continue pumping greenhouse gases into the atmosphere, while paying another to do the opposite has been a giant diversion: side-tracking us from decarbonising our economies and lives. One scandal after another has...
The emptying of supermarket shelves during the COVID pandemic demonstrated the chaos that disruption to the UK’s food supply can provoke. Could this type of disruption have a different cause in the future? And what might the impact on society be? These are the questions we sought to answer in our new study, which involved surveying 58 leading...
European Union countries’ climate ministers meet on Monday to decide the bloc’s negotiating position for this year’s COP28 summit – but they are still split over some key issues, like how hard to push for a global deal to phase out fossil fuels. The EU is typically one of the most ambitious negotiators at the...
The EU’s new climate commissioner has been criticised for backsliding on a commitment to push for a fossil fuel phase-out at the upcoming COP28 climate summit in Dubai, ahead of talks on Monday (16 October) where EU countries are expected to agree their stance. Dutchman Wopke Hoekstra was officially nominated on Monday (9 October), on...
A little more than a month remains before the start of the next United Nations Climate Summit, known as COP28, taking place in Dubai. But the already fraught talks are facing another potential obstacle: the threat of regional Mideast instability following Hamas’ terrorist attacks in Israel. Why it matters: At COP28, countries are tasked with weighing actions...