Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Posts Tagged ‘climate’

CWT commits to setting Science Based Targets against climate change

Posted by fidest press agency su domenica, 20 giugno 2021

Minneapolis. CWT, the Business-to-Business-for-Employees (B2B4E) travel management platform, announces its commitment to significantly reduce its environmental footprint by signing the Science Based Targets (SBTs) Call to Action Standard Commitment Letter.Science Based Targets are greenhouse gas emissions reduction targets that are consistent with the level of decarbonization that, according to climate science, is required to keep global temperature increase within 1.5ºC to 2ºC, compared to pre-industrial temperature levels.“I am delighted to share that, as part of our commitment to defining bold actions to go further against climate change, we are working on building a robust program based on climate science, by setting Science Based Targets (SBTs),” said Françoise Grumberg, CWT’s VP, Global Responsible Business and Diversity & Inclusion. “We will be collaborating closely with our entire value chain on how to support each other in reaching our climate targets, further contribute to the UN’s Sustainable Development Goals, and work towards transitioning to a low-carbon economy.”

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Climate change finance: rischi e opportunità per le imprese

Posted by fidest press agency su martedì, 13 aprile 2021

27 aprile 2021, ore 15-18, convegno online (https://www.som.polimi.it/event/climate-change-finance-rischi-e-opportunita-per-le-imprese/. Il cambiamento climatico rappresenta una delle sfide più rilevanti del nostro tempo, con impatti significativi diretti – e misurabili – sulla nostra vita e su tutto il tessuto economico. Quanto le aziende italiane ed europee sono state danneggiate da questi mutamenti e come stanno reagendo alla sfida climatica? Che ruolo potranno giocare le politiche climatiche? Se ne parlerà martedì 27 aprile dalle 15 alle 18 nel corso del convegno online “Climate change finance: rischi e opportunità per le imprese” promosso dall’Osservatorio Climate Finance della School of Management del Politecnico di Milano, che presenterà il suo primo Rapporto.L’evento – aperto a tutti previa iscrizione (https://www.som.polimi.it/event/climate-change-finance-rischi-e-opportunita-per-le-imprese/), in seguito alla quale si riceverà il link per accedere al webinar – sarà anche l’occasione per confrontarsi con imprese, istituzioni e operatori finanziari sulle novità normative e sulle strategie che sono state sviluppate.

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Con il COVID-19 e il climate change, cresce l’engagement di LGIM verso le aziende

Posted by fidest press agency su sabato, 3 aprile 2021

Legal & General Investment Management (LGIM), uno dei più grandi asset manager al mondo, ha pubblicato il suo decimo “Active Ownership” report annuale. La società rivela che nel corso del 2020 ha aumentato del 21% le azioni di engagement con le aziende e ha continuato a esercitare il suo diritto di voto a livello globale, opponendosi all’elezione di oltre 4.700 amministratori di società, con l’obiettivo di apportare cambiamenti positivi nelle aziende in cui investe. Il 2020 è stato un anno eccezionale per l’engagement. A marzo LGIM ha scritto alle aziende presentando suggerimenti costruttivi su come affrontare la pandemia in corso e i relativi lockdown, dal sostegno ai dipendenti alla raccolta di capitali. Oltre al crescente focus su temi quali la retribuzione dei dirigenti, la governance dei consigli di amministrazione e le disuguaglianze di reddito, la stewardship di LGIM ha continuato a far luce sulla diversity di genere ed etnica delle aziende, nonché sulla minaccia di lungo termine del cambiamento climatico. Nel 2020, LGIM ha ampliato i suoi UK Principles of Executive Pay per evidenziare che aumenterà i controlli su quelle società che hanno ricevuto sostegno dal governo o dagli azionisti – tramite capitale aggiuntivo o dividendi sospesi – o quelle che hanno effettuato licenziamenti del personale, ma hanno continuato a pagare bonus ai dirigenti. LGIM è stata coinvolta in 145 consultazioni sulle retribuzioni – rispetto alle 96 del 2019 – riguardanti le modifiche alle politiche da sottoporre agli azionisti alle assemblee generali del 2021 e le ulteriori incertezze sulla pandemia di COVID-19. Nel 2020, sono state 341 le proposte di adozione di una nuova politica retributiva presso le società del Regno Unito, ed LGIM ha espresso voto contrario per 128 (il 37,5%). Di queste, 82 (il 64%) riguardavano politiche con requisiti di partecipazione azionaria successiva all’uscita che non soddisfacevano i principi retributivi individuati da LGIM. All’inizio del 2020, LGIM ha annunciato la sua decisione di votare contro tutte le società in cui i ruoli di presidente del consiglio di amministrazione e CEO fossero congiunti e nel corso dell’anno ha votato contro 411 società in cui le due funzioni erano unite. Solo in Nord America, ha espresso voto contrario nei confronti di 280 amministratori con ruoli non separati e ha sostenuto 42 proposte degli azionisti che chiedevano un presidente indipendente.LGIM ha rafforzato il suo engagement sui temi della diversity nel 2020, lanciando campagne di alto profilo per promuovere una maggiore diversity etnica all’interno dei consigli, impegnandosi nel contempo sulla diversity di genere e di leadership in Giappone.

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Help small-scale farmers adapt to climate change or face increased hunger and migration, warns IFAD President

Posted by fidest press agency su lunedì, 25 gennaio 2021

Rome. If investments to help rural small-scale farmers adapt to climate change do not substantially increase, we risk widespread hunger and global instability, warned Gilbert F. Houngbo, President of the International Fund for Agricultural Development (IFAD), ahead of next week’s Climate Adaptation Summit. This follows a recent United Nations’ announcement that 2020 was one of the warmest years on record, with catastrophic temperature rises expected this century.“It is unacceptable that small-scale farmers who grow much of the world’s food are left at the mercy of unpredictable weather patterns, with such low investment to help them to adapt,” said Houngbo. “They do little to cause climate change, but suffer the most from its impacts. Their increasingly common crop failures and livestock deaths put our entire food system at risk. It is imperative that we ensure they remain on their land and sustainably produce nutritious food. If not, then hunger, poverty and migration will become even more widespread in the years to come.” In response, Houngbo will announce the launch of IFAD’s Enhanced Adaptation for Smallholder Agriculture Programme (ASAP+) at the Climate Adaptation Summit on 26 January, alongside IFAD’s Goodwill Ambassadors Idris and Sabrina Elba who will discuss the topic with Alexander de Croo, Prime Minister of Belgium, and Dag Inge Ulstei, Norway’s Minister of International Development. Only 1.7 percent of global climate finance – a fraction of what is needed – goes to small-scale farmers in developing countries despite their disproportionate vulnerability to the impacts of climate change, according to a report released by IFAD at the end of 2020. ASAP+ intends to change this. It is envisioned to be the largest fund dedicated to channelling climate finance to small-scale producers. It aims to mobilise US$500 million to reduce climate change threats to food security, lower greenhouse gases and help more than 10 million people adapt to weather changes. Austria, Germany, Ireland and Qatar have already pledged commitments. ASAP+ will focus on low income countries that depend the most on agriculture and face the greatest challenges in terms of food insecurity, rural poverty and exposure to climate change. It aims to bring 4 million hectares of degraded land under climate resilient practices, and sequester around 110 million tons of carbon dioxide equivalent over 20 years. It will also help countries achieve their nationally determined contributions set under the Paris agreement. Small-scale farming systems currently produce half of the world’s food calories, but are often entirely reliant on natural resources, including rain. As a result, they are at significant risk from increasing temperatures, erratic rainfall, pest infestations, rising sea levels, and extreme events such as floods, droughts, landslides, typhoons and heat waves.

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Paris turning point: net zero targets would bring warming to 2.1degC

Posted by fidest press agency su sabato, 5 dicembre 2020

If all national governments meet their 2050 net zero emissions targets, warming could be as low as 2.1˚C by 2100, putting the Paris Agreement’s 1.5˚C limit within striking distance, according to new calculations by the Climate Action Tracker.However, all eyes are now on their 2030 Paris Agreement targets, all of which need to be considerably strengthened to get national emissions onto a net zero pathway.The CAT’s new modelling takes into account announcements by China, President-elect Biden’s 2050 net zero target for the US, along with other recent net zero announcements. In total, 127 countries, responsible for around 63% of emissions are considering – or have adopted, net zero targets.“Five years on, it’s clear the Paris Agreement is driving climate action,” said Prof Niklas Höhne of NewClimate Institute, a Climate Action Tracker partner organisation. “The Paris Agreement introduced the goal of global net zero greenhouse gas emissions, and now we’re seeing a wave of countries signing up to it. Can anyone really afford to miss catching this wave?”“Not only is our warming projection for government climate pledges falling to just over two degrees, a level that puts the Paris Agreement 1.5˚C target within reach, but we’re also seeing a drop in projections for real world action.”The CAT’s warming projection of its ‘current policies’ scenario has fallen from 3.6˚C in 2015 to 2.9˚C today. This drop has come from governments implementing new policies, increased use of renewable energy, a downturn in the use of coal, and lower economic growth assumptions (both prior to and because of the pandemic). However, while 2050 pledges are welcome, none of the big emitters have strengthened their 2030 Paris Agreement targets (nationally determined contributions or NDCs) in time for this year’s deadline set by the UNFCCC.

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Climate change: the EU needs to be better prepared so it can better adapt

Posted by fidest press agency su sabato, 5 dicembre 2020

On Tuesday, the Committee for Environment, Public Health and Food Safety approved a resolution on adaptation to climate change, with 64 votes to 9 and 7 abstentions, providing input on the upcoming EU Strategy on adaptation to Climate Change.The resolution calls for a renewed and improved focus on adaptation, as it is crucial to prepare for a changing climate by building resilient societies that are able to minimise the adverse impact of climate change.The EU Strategy on adaptation should be an opportunity to ensure EU countries are on track to meet the adaptation goal under the Paris Agreement, show EU global leadership in building global climate resilience through increased financing and promote EU science, services, technologies and practices for adaptation, MEPs say.MEPs call for increased funding at EU, national and regional levels, and for public and private investments in adaptation. The EU’s climate-related spending target should contribute to both climate mitigation and adaptation, they say, recalling that the cost of inaction would be far greater.The Commission should ensure that costs arising from a failure to take adaptation measures are not passed on to citizens and enforce the “polluter pays” principle, making the polluter take responsibility for adaptation, MEPs agreed.They also want to ensure that EU funding only goes to climate-proofed infrastructure by making an ex-ante examination to assess the capacity of EU projects to cope with medium-to-long term climate impacts in different global temperature rise scenarios an obligatory condition of receiving EU funding. The resolution is scheduled to be voted on during the 14 – 17 December Plenary session, where a related question will also be presented to the Commission for oral answer.

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Clima, Rotta: “Indispensabile intervenire sul climate change”

Posted by fidest press agency su venerdì, 20 novembre 2020

“I ricercatori dell’Università di Padova hanno scoperto che anche le Orchidee Alpine sono una specie a rischio a causa del riscaldamento globale e dell’attività antropica. In uno studio pubblicato sulla sulla rivista internazionale “Nature Communications” hanno rilevato che si stanno spostando sempre più in alto alla ricerca sia di temperature più rigide indispensabili alla propria sopravvivenza sia di habitat più accoglienti. Quindi anche questo studio mostra, se mai ve ne fosse ulteriore bisogno, che il riscaldamento globale sta bussando alle nostre porte e che va finalmente assunto come problema prioritario da affrontare, non solo da parte degli accademici, ma della politica e delle istituzioni. Per questo motivo sarà importante avviare in Commissione Ambiente una indagine conoscitiva sul Climate Change e le conseguenze che questi cambiamenti stanno producendo sul nostro ecosistema” così la Presidente della Commissione Ambiente della Camera Alessia Rotta sul rischio di scomparsa delle Orchidee Alpine.

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Climate finance neglects small-scale farmers – new report

Posted by fidest press agency su sabato, 14 novembre 2020

Climate finance neglects small-scale farmers – new report

Rome. Only 1.7 per cent of climate finance – a fraction of what is needed – goes to small-scale farmers in developing countries despite their disproportionate vulnerability to the impacts of climate change, according to a report released by the UN’s International Fund for Agricultural Development (IFAD) and Climate Policy Initiative (CPI) today.Examining the Climate Finance Gap for Small-Scale Agriculture is the first detailed analysis of climate finance flows to small-scale farmers. It is released during the Finance in Common Summit where representatives of the world’s 450 Public Development Banks are meeting for the first time to discuss how to reorient financial flows to support global climate and development targets.The report shows that while financing that supports actions to address climate change surpassed half a trillion US dollars for the first time in 2017 and 2018, only $10 billion of this reached smallholder farmers annually. “It is unacceptable that the people who produce much of the world’s food, and who are at the greatest mercy of increasingly unpredictable weather, receive the least support,” said Gilbert F. Houngbo, President of IFAD. “Small-scale farmers living on marginal lands are on the frontline of climate change and should have access to the climate finance they need to adapt their production.” Small-scale farmers currently produce 50 percent of the world’s food calories. However, higher temperatures – together with increased incidences of drought and flooding – destroy crops and livestock and make it difficult for them to continue to feed their communities and earn a living.While there are no exact figures available of what climate financing small-scale farmers require, various estimates of their general needs are in the order of hundreds of billions annually, which gives an indication of the magnitude of the climate investments required.IFAD is the only multilateral development organization focused on eradicating hunger and poverty in rural areas. Next year it will launch ASAP+, a climate financing mechanism envisioned to be the largest fund dedicated to channelling climate finance to small-scale producers to help them adapt to climate change and combat hunger and malnutrition.ASAP+ builds on IFAD’s Adaptation for Smallholder Agriculture Programme (ASAP), the largest global climate adaptation programme for smallholder farmers, which has already channelled more than $300 million to more than 5 million farmers in 41 countries.

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Allarme climate change: a rischio le infrastrutture

Posted by fidest press agency su domenica, 27 settembre 2020

Dal 1980 ad oggi nel Mediterraneo si sono aggiunti 6,5 giorni di caldo estremo ogni decennio e la situazione diventerà ancora più critica nel ventennio 2030-2050. A lanciare l’allarme è Sensoworks (www.sensoworks.com), la startup italiana specializzata in monitoraggio infrastrutturale supportata da piattaforme tecnologiche multilivello.«Da qui al 2050 il riscaldamento globale metterà a rischio la sicurezza delle infrastrutture a livello mondiale» avvisano gli esperti di Sensoworks. E non è solo il caldo ma anche il conseguente incremento dei periodi di alluvione, delle tempeste e degli uragani. Fenomeni climatici che sono aumentati in quasi ogni parte del mondo, sia in frequenza che in durata.Secondo il Centre of Excellence for Climate Extremes (CLEX), centro di ricerca a cui aderiscono 5 università australiane, il Consiglio Nazionale delle Ricerche del governo australiano (ARC) e numerose organizzazioni internazionali, la somma delle anomalie di temperatura rispetto una determinata soglia durante i giorni di ondata di calore (calore cumulativo) sta aumentando in media a livello globale in una forbice che varia da 1 a 4,5 gradi Celsius ogni decennio. Ma in Medio Oriente ed in certe zone dell’Africa e del Sud America l’aumento raggiunge anche i 10 gradi Celsius.Nella peggiore stagione delle ondate di calore —secondo i dati del CLEX— in Australia si sono verificati addirittura 80 gradi Celsius di calore cumulativo in più e la situazione è ancora peggiore nel Mediterraneo dove il calore cumulativo ha superato i 200 gradi Celsius. Lo studio coordinato da Sarah Perkins-Kirkpatrick dell’Università di Sydney insieme a Sophie Lewis dell’Università di Canberra è stato pubblicato questo mese su Nature Communications.«Sottovalutare questa situazione sarebbe un errore. Ma con il monitoraggio dinamico sarà possibile risolvere fin d’ora il problema infrastrutturale» sottolinea Niccolò De Carlo, ceo e co-fondatore di Sensoworks, startup già attiva a livello globale, con uffici anche a Boston e monitoraggi in molti Paese europei, includendo anche la Francia.«I ponti italiani sono stati costruiti a regola d’arte ed anche la manutenzione è stata nella maggior parte dei casi adeguata. Oggi —tuttavia— le nuove tecnologie consentono di fare di più: di prevedere il futuro e prevenire un evento infrastrutturale prima che accada» puntualizza Niccolò De Carlo, sottolineando la necessità di passare da un monitoraggio statico delle nostre infrastrutture —quello caratterizzato da ispezioni tecniche sporadiche realizzate da tecnici in carne ed ossa— ad un monitoraggio dinamico, consentendo così di avere un controllo costante ed in tempo reale attraverso strumenti tecnologici all’avanguardia.E certamente l’Intelligenza Artificiale (IA) può fare la differenza, attraverso modelli predittivi che possono essere utilizzati per evidenziare in anticipo determinati fenomeni e valutare meglio le priorità.

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COVID-19 pandemic adds uncertainty on future emissions

Posted by fidest press agency su sabato, 8 agosto 2020

The Climate Action Tracker today published updated assessments for 12 of the 36 countries it assesses, and has included projections of the effect of the COVID-19 pandemic on 2020 emissions.The CAT team has updated Argentina, Chile, Costa Rica, Germany, Ethiopia, Morocco, Norway, Singapore, South Korea, Turkey, Ukraine and the USA (see below for details).
ect, but there does appear to be a worrying trend where countries are protecting their fossil fuel industries,” he said.For the US, the Trump Administration continues to systematically walk back climate policy now even more using the pandemic as justification. If the new rule rolling back the Obama-era vehicle emissions standards withstands legal challenges, a 12% share of electric vehicle sales in 2025, projected by the last CAT assessment, will drop to 7%.The USD 2 trillion recovery package goes without support for climate. But renewables continue to dominate in terms of new investment. The CAT’s US emissions projections for 2030 are 5%–10% lower compared to our previous projections in December 2019, mainly due to the impact of the pandemic on emissions and the greening of the electricity sector due to market forces.Chile’s rating has been upgraded from “Highly Insufficient” to “Insufficient” based on its updated Paris Agreement target submitted to the UNFCCC. Chile was one of the first countries to officially submit an updated target.“Chile is one of the few countries that followed the specific request of the Paris Agreement to submit an updated target that is more ambitious than the first. More countries have to follow suit,” said Deborah Ramalope, head of climate policy analysis at Climate Analytics. The CAT grades government’s Paris Agreement 2030 targets with one of five possible ratings, based on its “fair share” methodology: 1.5˚C Paris Agreement compatible, 2˚C compatible, Insufficient, Highly Insufficient and Critically Insufficient.

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COVID-19: Industrial recovery plan must focus on climate, growth, jobs and research

Posted by fidest press agency su lunedì, 27 aprile 2020

In a debate with commissioners Gabriel and Breton, MEPs called for the EU recovery plan to be balanced across sectors and to strengthen Europe’s strategic autonomy on the global stage.
“All economic ecosystems are hit by the crisis. We need an industry recovery plan with financial aid tailored for each sector, with a focus on our climate ambitions, but also growth and jobs. We therefore need a structured plan on how these instruments will be used across the different sectors » said Industry, Research and Energy committee Chair Cristian Bușoi (EPP, RO). « More investment in research can be a driver for the recovery, with a focus on innovation and data” he added.Commissionner for Innovation and Research Mariya Gabriel highlighted the many steps already taken by the European Commission against COVID-19 and said that the EU has to make the recovery truly transformative towards digitalisation and decarbonisation. Public investment into research should be prioritized and not considered as as adjustment investment like it happened in the past, she said, referring to the Horizon Europe Programme. She also highlighted that Europe’s industry is at the forefront in the development of a vaccine, which should be made available not only for Europe but the whole world.
“This crisis reveals that we have been too far into globalisation. Globalisation is here to stay but will have to be more balanced” said Commissioner for the Internal Market and Industry Thierry Breton. The current crisis is an accelerator of the trends we have observed, and European industrial ecosystems are exposed to the risk of hostile investment strategies by third country operators, he warned. The implementation of a European industrial recovery policy must be able to ensure that the crisis does not worsen Europe’s competitive situation on the global stage, while the level playing field should also be preserved within the internal market, he said.MEPs from the committee highlighted the challenge to balance the recovery efforts across the different industrial ecosystems. While several MEPs called for the recovery to focus on the objectives of the Green Deal, as well as the strategic autonomy of the European Union, and how to build more economic resilience, others raised the challenge of ensuring equal access to treatment when a vaccine against COVID-19 is found, concerns over privacy standards for tracing apps.

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Greta Thunberg to MEPs: “we will not allow you to surrender our future”

Posted by fidest press agency su domenica, 8 marzo 2020

Climate activist Greta Thunberg spoke at a meeting in the Parliament’s Environment Committee.Swedish climate activist Greta Thunberg on Wednesday attended an extraordinary meeting of the European Parliament’s Environment Committee to talk about the European Climate Law.“The EU must lead the way – you have a moral obligation to do so”, Greta Thunberg said on Wednesday before MEPs. “In November 2019, you said that climate change was an existential threat. Now you must prove that you mean it”, she added. She said that the new proposal for a climate law published on Wednesday by the European Commission is “a surrender”: “Nature does not bargain, and you cannot make deals with physics. We will not allow you to surrender our future”, she concluded.
MEPs highlighted the challenge of bringing other continents on board to raise climate ambition before the Glasgow climate conference to take place in November. While most MEPs agreed that the EU needs to raise its own emission reduction goals, several MEPs said that raising the EU’s 2030 goals from 40% to 55%, as proposed by the European Parliament, would already be ambitious, but is met with much resistance from member states.Following the meeting, the Chair of the Committee Pascal Canfin (Renew, FR) said: “Today we hosted Greta Thunberg. To win the battle against climate change, we need the energy of youth. Here in Parliament, and notably in the Environment Committee, we are fighting for climate neutrality in 2050. The climate law that was presented today cannot deceive young Europeans who are mobilised for the climate and all European citizens, and we must therefore succeed.”

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Energy: EU priority projects should be aligned with 2050 climate objectives

Posted by fidest press agency su giovedì, 20 febbraio 2020

• Legislation on Trans-European Energy networks to be revised this year
• MEPs give early input, can amend the proposal later
• Vote follows plenary debate on 4th PCI list
The Commission should update its guidelines to select priority energy projects so that the next EU list is in line with its climate policy, said the Energy Committee.The revision of the TEN-E guidelines, to be proposed by the European Commission later this year, should be consistent with EU energy and climate targets for 2030, its long-term commitment on decarbonisation and the energy efficiency first principle, say MEPs from the Industry, Research and Energy Committee, in a resolution adopted on Tuesday.In order to ensure that the projects selected for the next PCI (projects of common interest) list are in line with the EU’s climate commitments, MEPs call on the Commission to also propose transitional guidance before the end of 2020. To be granted PCI status, projects must contribute to keep the energy supply affordable – one of the five dimensions of the Energy union, with which projects must be aligned, they say.The TEN-E regulation was set up in 2013, before the Paris Agreement was adopted, and several developments have since significantly changed the landscape for energy policy, MEPs recall.The non-binding resolution was adopted with 55 votes to 15. It will be put to a vote in the full House in March. The plenary already held a debate on an oral question on this topic.

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Nasce l’Osservatorio Climate Finance

Posted by fidest press agency su mercoledì, 12 febbraio 2020

A un primo esame, sono circa 22 milioni in Europa le imprese, dalle micro alle quotate, potenzialmente soggette agli impatti dei cambiamenti climatici. Ma quali settori sono più esposti? In quali aree geografiche? Quanto potrebbero impattare sulle performance delle aziende, e sul loro profilo di rischio, le evidenti modifiche che il clima sta subendo ovunque nel mondo? Di questo si occuperà il nuovo Osservatorio Climate Finance della School of Management del Politecnico di Milano, che verrà presentato la mattina del 20 febbraio durante un evento di kick-off al Dipartimento di Ingegneria Gestionale (Sala del Consiglio, via Lambruschini 4B, Edificio 26B, campus Bovisa), dalle 9.45 alle 13.15.
L’Osservatorio – che coinvolgerà docenti e ricercatori del Politecnico di Milano esperti di temi legati alla finanza e al rischio, da un lato, e ai cambiamenti climatici, dall’altro – mira a diventare un punto di riferimento nazionale per lo studio della finanza del cambiamento climatico, uno spazio di confronto indipendente che aggregherà player industriali e finanziari interessati a queste tematiche.
Tramite modelli interpretativi basati su solide evidenze empiriche e l’utilizzo di metodologie avanzate di statistica ed econometria, verranno studiati gli impatti del cambiamento climatico sul sistema economico: a livello europeo infatti sono già state identificate circa 22 milioni di imprese, dalle micro alle quotate, potenzialmente soggette al climate change, sulle quali verrà condotta un’analisi per quantificare gli impatti di questi cambiamenti e identificare i settori e le aree geografiche maggiormente esposti al rischio climatico.
“Molte realtà hanno già manifestato interesse nel progetto, a testimonianza di quanto il climate change sia diventato centrale in tutte le valutazioni strategiche – commenta Roberto Bianchini, direttore dell’Osservatorio -. Crediamo che l’Osservatorio potrà rispondere alle recenti spinte delle autorità pubbliche e dei mercati finanziari per l’introduzione di valutazioni del rischio climatico nei modelli decisionali di imprese, banche e assicurazioni”.
La ricerca confluirà in un report che analizzerà come il mercato nazionale e internazionale stanno rispondendo alle sfide del cambiamento climatico, identificandone gli impatti sulle performance di impresa e sul profilo di rischio delle stesse.

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Make transition to climate-neutral EU a socially just transition, say MEPs

Posted by fidest press agency su giovedì, 16 gennaio 2020

Plans to finance ambitious EU Green Deal must be accompanied by a strong European social agenda, underlined MEPs in today’s debate with the European Commission.Following the Commission’s presentation of a sustainable investment plan, a just transition fund and a Roadmap to building a strong social Europe for just transitions, MEPs warned that a just transition must go hand in hand with creating a more social EU. They stressed that investment in the reskilling and upskilling of workers, decent working conditions and fair wages are all essential elements in the fight against inequality and exclusion. MEPs want the Commission to deliver on the European Pillar of social rights with concrete proposals. After the debate, Commissioner Schmit for Jobs and Social Rights presented the Communication on building a strong social Europe for just transitions including the launch of a first consultation on Fair minimum wages for workers in the EU.

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Governments still showing little sign of acting on climate crisis – Climate Action Tracker

Posted by fidest press agency su giovedì, 12 dicembre 2019

Madrid In the face of the growing climate emergency, governments seem determined to continue embracing fossil fuels, and even meeting their Paris Agreement pledges would see warming of 2.8˚C by the end of this century, according to the Climate Action Tracker’s 2019 annual update, released at COP25 in Madrid today.Under government real-world action (current policies), global temperature is set to rise by 3˚C and the most optimistic policy scenario would be 2.8˚C. “We are not seeing the kind of action you’d expect from governments facing a climate emergency,” said Prof Niklas Höhne, of CAT partner organisation NewClimate Institute. “Since last year’s update, our temperature estimate has not improved from climate action, and many governments are still failing to meet their often insufficient targets.”While all governments agreed to update their climate targets with more ambition by 2020, the CAT’s new Climate Target Update Tracker has only one country on its list of those that has done so, and only one full draft proposal – from Chile.Coal is still playing a major role in government energy planning, despite the fact it’s now way more expensive than renewables. Governments continue to plan and build new coal plants, especially in Asia, where China, Japan and South Korea, who are also funding coal offshore.An example of such offshore coal-funding is the proposed Lamu coal-fired power station in Kenya, that would be both Chinese-funded and built. Kenya it is set to meet its Paris pledge with renewables, and gets a CAT rating of “2˚C Compatible” but if both the Lamu plant and another proposed coal plant were to go ahead, its emissions would rocket up. “Gas is a major concern. Governments are acting as if this fossil fuel is somehow clean – yet gas was responsible for half the increase in CO2 emissions from fossil fuel consumption in 2017-18,” said Bill Hare, CEO of Climate Analytics.“But let’s be clear: for a 1.5˚C pathway, emissions from gas need to peak before 2030, halve by 2040, and be only a tiny part of global electricity demand by 2050.”On a positive note, the growth of renewables is expected to soar: almost 2,400 GW was installed in 2018, a doubling of capacity in ten years, and is expected to increase by another 50% (1,200GW) in the next five years. This acceleration needs to increase if CO2 emissions are to peak soon and reduce rapidly to at least 45% below 2010 levels by 2030, and to do this governments need to stop supporting fossil fuels in the market.

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European DataWarehouse Announces Green Initiatives Ahead of the United Nations Climate Change Conference

Posted by fidest press agency su sabato, 30 novembre 2019

European DataWarehouse today announced its commitment to the environment and corporate climate responsibility. Beginning today, the firm will plant a new tree for every deal created on its platform, including active deals that have already been uploaded.
Dr. Christian Thun, CEO of European DataWarehouse noted, “In the absence of technological advancements to remove CO2 from the atmosphere, reforestation is the most effective and affordable way to offset our carbon footprint. The decision to plant a tree for every deal created is an easy step our firm can take to help combat climate change.”This announcement comes as leaders and environmentalists prepare to meet at the 2019 United Nations Climate Change Conference (COP 25) in Madrid, Spain.As part of this initiative, European DataWarehouse plans to plant more than 2000 trees in the next three years. To further demonstrate its commitment to the environment, European DataWarehouse plans to expand its already green practices. Current programs include a company e-bike leasing scheme, public transport tickets, green printing practices, and travel policies that support train use over air travel.
Notably, European DataWarehouse is also part of the Energy Efficiency Data Protocol and Portal EeDaPP, an initiative which aims to create a standardised energy efficient data protocol and portal for European mortgages. The market-led protocol will enable the large-scale recording of data relating to energy efficient mortgage assets (loan-by-loan), via a standardized reporting template.European DataWarehouse was established in 2012. Since its inception, ED has collected loan-level data and relevant documentation for more than 1,400 ABS transactions.

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Osram commits to becoming climate neutral by 2030

Posted by fidest press agency su giovedì, 28 novembre 2019

Climate protection and the reduction of climate-damaging emissions are global challenges. Osram recognizes its responsibility as a manufacturing company and is committed to making a contribution to mitigating climate change. In order to consistently reduce its own CO₂ balance sheet, the company is increasing its focusing on energy efficiency both in its own production and at its administrative and development sites, effective this financial year, with the goal of becoming CO₂-neutral in 2030. In doing so, the company is playing its part in implementing the agreement of the Paris Climate Protection Convention of 2015 and limiting global warming to well below two degrees Celsius compared with pre-industrial levels. In concrete terms, the aim now is to save energy and increase energy efficiency in all areas of production and administration. The consistent use of renewable energies also plays a decisive role.Osram also intends to make its upstream and downstream supply chain more energy efficient in order to achieve its ambitious goals. In this way, Osram customers save energy, reduce their own emissions and, in addition to contributing to climate protection, also have economic added value. “In line with our vision of ‘Light for a Better World,’ our energy-efficient products and solutions provide us with a major lever to drive climate protection forward,” Bank said. These energy-efficient products and intelligent lighting control solutions are already helping Osram customers reduce their carbon dioxide emissions by 5 million tons a year. According to the United for Efficiency (U4E) initiative of the United Nations Environment Programme, a consistent global shift to energy-efficient lighting could reduce carbon dioxide emissions by 390 million tons per year and save consumers around $50 billion in energy costs.

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3M and Clean Air Asia Act on Climate Change with New Air Pollution Initiative

Posted by fidest press agency su venerdì, 27 settembre 2019

Coinciding with its participation in Climate Week and the United Nations Climate Action Summit, 3M is acting on climate change through a new partnership with Clean Air Asia. 3M will collaborate with the international non-governmental organization on science-based air quality solutions for New Delhi, India, and Metro Manila, Philippines. This partnership aims to create healthier, more livable cities in Asia, and will ultimately advance the Clean Air Initiative announced by UN Secretary-General António Guterres in July 2019.
To move toward this goal, 3M will spend the next five years assisting Clean Air Asia in its efforts to assess baseline air quality conditions, design capacity-building programs for air quality management, implement awareness and education campaigns, develop Clean Air Action Plans with selected city and district governments, and measure the resulting impact on air pollution levels. According to the World Health Organization, air pollution causes 7 million premature deaths each year. The health impact of poor air quality is particularly notable in the WHO South-East Asia Region, where people in 99% of cities are exposed to pollution levels that exceed WHO guidelines.
In Metro Manila, PM2.5 levels in four of five cities with monitoring data in 2017 exceeded the National Ambient Air Quality Guideline Value and WHO Air Quality Guideline. India is also struggling with poor air quality nationwide. According to the WHO in 2016, 14 of the 20 most-polluted cities in the world were in India, and 900,000 premature deaths were attributed to poor air quality. New Delhi’s sources of air pollution include industrial facilities, vehicles, road dust and domestic cooking.
3M continues to increase its long-standing commitment to sustainability strategy and action, both through its own initiatives as well as its broad approach to partnerships around the world. It has announced bold new goals for renewable energy use, advancing the circular economy, and embedding sustainability in all new products, and is on a path to do much more. Together with its employees, customers, partners, governments and communities, 3M is committed to a science-based, collaborative approach to solving shared global challenges and improving lives.

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MSCI to Strengthen Climate Risk Capability with Acquisition of Carbon Delta

Posted by fidest press agency su giovedì, 12 settembre 2019

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that its subsidiary, MSCI Barra (Suisse) Sàrl, has entered into a definitive agreement to acquire Zurich-based environmental fintech and data analytics firm, Carbon Delta AG (“Carbon Delta”). Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and voluntary climate risk disclosure initiatives and requirements. Voluntary reporting initiatives are being led by entities such as the Task Force on Climate-related Financial Disclosures (TCFD) and the United Nations-supported Principles for Responsible Investing (UNPRI), while mandatory disclosure requirements are quickly developing across the European Union and North America.The Carbon Delta integration will expand MSCI’s robust suite of climate risk capabilities with state-of-the-art modeling technology that supports climate scenario analysis and forward-looking assessment of transition and physical risks, as well as extensive company-level analysis of publicly traded companies globally. This will be offered as MSCI Climate Value-at-Risk, an innovative and pioneering climate risk metric that calculates the impact of climate change on a company’s market value and helps investors understand and quantify these risks within their portfolio.The Zurich office will act as MSCI’s Climate Risk Center, the focal point for the development of climate change risk analytics and tools. The aim will be to develop strong partnerships with leading academic and research institutions around the world to advance the use of climate science for financial risk analysis, building on the relationships already forged by Carbon Delta.

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