Trends to follow in 2024 to accelerate “just” decarbonization of asset companies – whether based in the EU or trading with the EU.
Tag Archives: Climate transition
The COP series has reached a terminal phase of effectiveness. Let’s take a look at the role now expected of local authorities to bolster climate action.
Absence of COP nor government leadership addressing climate issues is calling for a tripartite approach involving territories, civil society, and corporations. This is the right granular level able to steer holistic and effective response to the climate crisis. Boards of directors have leadership role to play to encourage companies engaging in these type of concrete climate actions.
This past week, organized events were held across New York City for Climate Week and the United Nation’s Climate Action Summit. These events were designed to inspire business, government, and nonprofit leaders to accelerate the transition to a nature-positive future.
Our team at Ksapa based in NYC attended UNGA and “Climate Week” last week. We’re not on track meeting the Global Goals. But in the dangerous climate situation we find ourselves in, it’s important not to leave any option aside. There are options worth implementing to maximize carbon sequestration and protect nature. Let’s do it.
Last week, the UN General Assembly, in response to a series of requests from Pacific countries that are directly affected by climate change upheaval, adopted a resolution requesting the International Court of Justice (ICJ) to provide an advisory opinion on States’ obligations concerning Climate Change.
If there is one report on climate change that you need to review, it is this one. The Intergovernmental Panel on Climate Change (IPCC) released the synthesis report under its Sixth Assessment Report (AR6) on 20 March 2023. The report summarises the state of knowledge of climate change, its widespread impacts and risks, and climate change mitigation and adaptation, based on the peer-reviewed scientific, technical and socio-economic literature since the publication of the IPCC’s Fifth Assessment Report (AR5) in 2014 and the 2018 IPPC report. The next one will be in 2030…
Ksapa is leading a working group of 12 international investment funds and investment companies to strengthen their consideration of human rights issues. An opportunity to come back and clarify the EU’s DNSH principle. Demonstrating that investments “do no significant harm” is a cornerstone of the EU’s sustainable finance framework. Learn in practice how to apply this principle in this article.
Forced labor has been documented in a wide range of green technologies, including solar, wind and lithium-ion battery production. Ksapa is coordinating with investors, buyers and stakeholders using a 5 step approach to design open source guidelines enabling business community to engage meaningfully their business partners and mitigate risks associated to their operations.
The insurance sector plays a key role in the energy transition both in terms of who and how they write policies and as investors. And they have sustainability challenges.