Hotels, Japanese Corporations, P4G Advancing SDGs and Climate Targets

February 2018: Private sector groups and partners have announced funding and targets to support SDG implementation and achieve targets under the Paris Agreement on climate change. The hotel industry and Japanese companies are among the business entities taking action recently. Partnering for Green Growth and the Global Goals 2030 (P4G) is advancing inclusive, sustainable economic … Continue reading Hotels, Japanese Corporations, P4G Advancing SDGs and Climate Targets

IRENA Finds EU’s Share of Renewables Could Double Without Extra Cost

19 February 2018: The International Renewable Energy Agency (IRENA) has released a report on cost effective opportunities for the expansion of renewable energy deployment in the EU. IRENA prepared the report, which is titled, “Renewable Energy Prospects for the European Union,” at the request of the European Commission to determine pathways to meet the European … Continue reading IRENA Finds EU’s Share of Renewables Could Double Without Extra Cost

Companies Commit to Science-Based Climate Targets

26 January 2018: Businesses around the world have been called on to set science-based, greenhouse gas (GHG) reduction targets as a way to ensure corporate action on climate change. Mahindra Group Chairman Anand Mahindra made the call in advance of the Global Climate Action Summit (GCAS), which will convene from 12-14 September 2018 in San … Continue reading Companies Commit to Science-Based Climate Targets

Climate Mitigation Finance Update: Renewable and Energy Efficiency Financing and Guidance for Paris-compatible Investments

31 January 2018: Funding for several renewable energy projects has been announced in January, including initiatives to support photovoltaic (PV) solar projects in Jordan, Mauritius, Peru and Rwanda, and wind power in Peru and the Dominican Republic. Investments in energy efficiency are expected to reduce energy intensity and improve energy security in Kosovo. A debt … Continue reading Climate Mitigation Finance Update: Renewable and Energy Efficiency Financing and Guidance for Paris-compatible Investments

EU Expert Group Provides Recommendations for Sustainable Finance

31 January 2018: The EU High-Level Expert Group on Sustainable Finance (HLEG) issued its final report and recommendations on integrating sustainable finance within the EU and broader global financial systems. The report will guide the Commission’s forthcoming action plan on sustainable finance. The HLEG is a multi-stakeholder initiative established by the European Commission in 2016 … Continue reading EU Expert Group Provides Recommendations for Sustainable Finance

Hawai’i Plans State-level SDG Implementation

17 January 2018: The Hawai’i State Senate announced its intention to enact the 17 Sustainable Development Goals (SDGs) into state law to achieve the sustainability of Hawai’i’s people, communities, natural resources and economic prosperity. Hawai’i will implement the SDGs through the Aloha+ Challenge. The Hawai’i State Senate aims to focus on a local platform to … Continue reading Hawai’i Plans State-level SDG Implementation

Investors Urged to Align Portfolios with Paris Agreement

1 February 2018: Transitioning towards a low-carbon economy requires the global investor community to increase climate action, and raise its ambition to divest from fossil fuel investments, according to UN officials attending an investors’ summit. The ‘Investor Summit on Climate Risk: Capturing the Global Investment Opportunity in the Paris Agreement’ convened on 31 January 2018, … Continue reading Investors Urged to Align Portfolios with Paris Agreement