Closing the gap: G20 ambition levels and related impact on global temperature rise
New research underscores the critical role of G20 countries in limiting global temperature rise to 1.5°C and avoiding the most dangerous and costly climate impacts.
New research underscores the critical role of G20 countries in limiting global temperature rise to 1.5°C and avoiding the most dangerous and costly climate impacts.
Climate change has reached a new pinnacle. According to IPCC, "Nobody’s safe and it’s getting worse, faster,” said Inger Anderson, executive director of the UN Environment Programme, which established the climate change panel in 1988 in partnership with the World Meteorological Organization.
The SEC will likely call for qualitative and quantitative disclosures to avoid green washing and provide greater clarity on climate risk.
In a speech delivered on July 28, 2021, Gary Gensler, U.S. Securities and Exchange Commission (SEC) Chair, gave certain insights into the SEC’s approach to crafting new rules that would require SEC registrants to disclose information on climate-related risk.
There is broad and deep support for advancing mandatory, rigorous climate disclosure with the non-political motivation of protecting the future of the U.S. economy.
Indonesia is proposing a carbon tax of about $5 per ton of emissions in a bid to raise state revenues and meet climate goals.