The latest insights from CDP, the global environmental disclosure system The next 10 years will be crucial in the fight against climate change. The Intergovernmental Panel on Climate Change (IPCC) sent a clear and unavoidable message last month: the global economy needs to undergo rapid and far reaching decarbonization. Business as usual is over. It is against this backdrop that government negotiators, business leaders and sub-national governments meet in Katowice, Poland, this week for the next round of UN climate talks dubbed the most important since the signing of the Paris Agreement. | |
COP24: Time to ramp up the Paris Agreement Jennie Gleed, CDP’s Policy and Public Affairs Manager, looks at how Poland’s coal heartland could become an unlikely location where governments collectively raise their climate ambition and agree a powerful tool for action: The Paris Rulebook. | |
Leading states and regions decarbonizing at double rate of G20 governments A new report released on the eve of the UN climate talks has found that state and regional governments are responding to the threat of climate change faster than their national counterparts. In fact, with leading states and regions committed to decarbonize at a rate of 6.2% a year, they are moving at almost double the rate of G20 governments. | |
Beyond the cycle: Which oil and gas companies are ready for the low-carbon transition? Responsible for over 50% of global greenhouse gas emissions and representing more than 17 billion tonnes of CO2e per year, transitioning the oil and gas sector will be critical to hold global temperature rise below 1.5C. In our new report, we rank 24 of the largest and highest-impact publicly listed oil and gas companies on business readiness for the low carbon transition. | |
RE100: Moving to truly global impact The clean energy transition is now inevitable and unstoppable. In a new report by the RE100 initiative - a collaboration between CDP and The Climate Group - we show that a dramatic upsurge in demand for renewables from multinational companies is shifting markets away from fossil fuels in more than 140 markets worldwide. | |
Why online retailers are in danger of losing the ‘Retail Wars’ It is not only in the energy sector that the battle for a climate-safe future will be won or lost. CDP’s Director of Corporates and Supply Chain examines the role of the world’s largest retailers, and how by failing to take the vital step of environmental disclosure, online retailers are trailing behind their offline counterparts. | |
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Elsewhere on the web Writing for Ethical Corporation, Director of Water Security, Cate Lamb calls for more CEO champions to step up on water. Oil & gas companies are budgeting just 1% of spending on green projects. Newspapers including Les Echos, the Financial Times, Reuters and Forbes drill down into the findings from CDP’s research into oil and gas companies. Meanwhile, CDP’s Senior Analyst Luke Fletcher, writes in Portfolio Adviser on how investors can pick out the climate leaders within the oil and gas sector. Business Standard India reports on the many states and regions disclosing to CDP that are decarbonizing at a rate faster than their national counterparts. European investors have called on EU leaders and legislators to implement a fit-for-purpose framework of corporate reporting that delivers better climate change and environmental information to financial markets. | |
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CDP at COP24 4 Dec: Marrakech Partnership for Global Climate Action events: The Marrakech Partnership events at COP24 aim to provide a space to strengthen collaboration for scaling up climate action up to 2020 and beyond. CDP will be speaking at a number of these during the week, including the Industry Action Event, Water Action Event and Finance Roundtable. Please contact government@cdp.net for more information. 10 Dec: Innovations in sustainable finance – new tools and decision metrics to transform financial markets: This event will focus on a range of new, innovative decision-making tools to support the mainstreaming of climate into financial markets and aid decision makers in making climate-smart financial decisions. Contact government@cdp.net to find out more. 10 Dec: The Investor Agenda – accelerating action to achieve the Paris Agreement’s goals: This event will focus on how the global investor community is accelerating and scaling up the actions that are critical to tackling climate change and achieving a low-carbon and climate-resilient world. Contact government@cdp.net to find out more. 11 Dec: World Climate Summit – Investment COP: This multi-stakeholder forum will support the UN Global Climate Action Agenda and the implementation of the 2015 Paris Agreement. Join delegates from governments, cities, corporations, commercial and institutional investment banks, international expert organizations and civil society. | |
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