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Last week, the Corporate Sustainability Mastermind Group (CoSM) considered the topic of business and biodiversity. The post Some Thoughts on Business & Biodiversity appeared first on Terra Infirma.
A group of leading academics, campaigners, and executives have this week issued a renewed call for governments to accelerate efforts to scale up the deployment of Nature-Based Solutions capable of simultaneously reducing carbon emissions and restoring natural habitats.
A large donation to the Labour Party from wood-burning giant Drax has raised concerns among campaigners over the sway of big carbon emitters over Parliament. The payment from the former coal-fired power station was registered on September 12 last year, and published in December in the Electoral Commission register of political donations.
These are likely to have major consequences – both positively and negatively – over the coming decade, says the group. They are also home to much of the world’s biodiversity, and regulate key aspects of the carbon cycle. Around the world, 1.6
Legislation aimed at "closing the gaps" in the UK's Climate Change Act by including the nation's international aviation, shipping and supply chains in greenhouse gas reduction targets is set to be tabled in Parliament today, pulling in support from MPs across much of the political spectrum.
The biggest risks to food security stem from climate change and the loss of biodiversity and ecosystem services,” said the letter, which was sent to all Members of the European Parliament. “We Nature Under Pressure Agriculture is currently responsible for over 10 percent of EU carbon emissions.
Since the BRT statement there’s been a surge in aggressive carbon-reduction goals, up from just a handful of organizations a decade ago, to two-thirds of Fortune Global 500 companies with significant commitments today. There’s been little corporate pushback on politically motivated attacks on ESG and DEI.
Indeed, the ingredients for negativity are all too abundant: a persistent, shapeshifting virus; political stalemates that thwart climate action; growing social and economic inequality; terrifying ecological indicators; pushback by the anti-science crowd and their media enablers. Nature and biodiversity met the bottom line.
MPs are urging the government to use the upcoming Budget to usher in a major transformation of the tax system to align the UK's spending plans with its net zero and biodiversity commitments, warning time is running short to deliver on its promise of a green economic recovery from the coronavirus crisis.
Our political leaders bear a genuinely world historic responsibility to try and drive the development of a net zero emission economy in less than three decades and end the obliteration of nature. How do you intend to deliver the planned wave of carbon capture, hydrogen, and nuclear projects over the coming years?
Stark reasons that resilience and adaptation are seen by politicians as less-glamorous cousins to exciting net zero missions and clean tech investments, while the long-term planning required falls outside typical election cycles, leading to limited political pressure for the government to act. Stark's message was, well, stark. "We
Ahead of tomorrow's Net Zero Festival, Toby Hill explores how carbon offset standards are evolving in a bid to assure clients and campaigners that promised carbon savings can be delivered. To find out more about the role of carbon offsets in the net zero transition, sign up now for a free pass to tomorrow's Net Zero Festival.
The study also assumes that over time economies start to adapt to more intense climate impacts, serving to curb the resulting negative economic impacts. Such outcomes would trigger huge geo-political risks that could impact the entire global economy.
Perhaps inevitably, therefore, public awareness of the phrase 'net zero' has also grown, spurred on by political figures and businesses touting their commitment to climate action. Net zero isn't some sort of political device or concept, it is derived from natural science. You can't negotiate with the science," he tells BusinessGreen.
Just two weeks ago, the Prime Minister told the UN General Assembly that the world could not afford to "dither and delay" on tackling biodiversity loss, yet yesterday marked 200 days since the government's landmark Environment Bill was last seen in parliament. The gap between the government's net zero rhetoric and its policy agenda remains.
In this report, the sustainability of a given company is measured under 3 key areas: Risk of biodiversity loss. Climate change and carbon reduction reporting. ESG topics are interlinked and draw attention to the multifaceted risks of social, technological, political, environmental, and economic business aspects.
Leading UK firms have signed up to a new Nature Positive Business Pledge, but reversing nature loss remains a daunting challenge After centuries of despoiling the environment and forcing nature into retreat, could the private sector play an integral role in reversing the decline in global biodiversity?
Latest figures from UN add to growing library of evidence that global financial system needs a major revamp if biodiversity and climate goals are to be met. The COP15 Biodiversity Summit, kicking off next Wednesday in Montreal, is set to be no different. UN environment summits are increasingly about money.
The company, an early partner with the Ellen MacArthur Foundation, has positioned water and carbon emissions as equally critical in the climate crisis. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. No doubt those conversations will be at play in Starbucks’ 50th year.
The global decline of nature and biodiversity could pose material threats to the global economy that cost as much as $3tr every year from 2030. Biodiversity loss is fast emerging as a disaster that needs to be addressed now," said Mark Fulton, project director at IPR. Some fear such projections could prove to be an underestimate.
I was very keen to bring this agenda into the Economy Committee, because I think that people were talking very blithely about net zero carbon and the skills that we need for the future green industrial revolution, and yet who has started to look at what we actually need to do?" Cooper tells BusinessGreen.
All the reaction from green groups, businesses, political figures to Rishi Sunak's hugely important pandemic-recovery, pre-COP26 Budget announcement. Rebecca Newsom, head of politics at Greenpeace UK, said: "For all the talk of a green recovery, this Budget suggests the Chancellor has failed to clock the urgency of the climate emergency.
In looking across the broad array of business, environmental, social, technological and political topics that cross my screen and engage me in daily conversation, there is a temptation to allocate a growing share of mind for pessimism. Innovation marches forward.
That synthesis looked impressive at first glance; it outlined how we could change global food systems, so they emit fewer greenhouse gases, occupy less land, and protect the earth’s biodiversity — all while producing ever higher volumes of food for a global population approaching ten billion by 2050. . Wide-ranging, radical change.
Highly Commended: Carbon Limiting Technologies Highly Commended: Greengage Hospitality Firm of the Year Compass Group UK & Ireland In an all-new category for this year, Compass Group emerged victorious with the judges praising the scale and ambition of its industry-leading transition plan.
Schools give us a glimpse into what carbon neutrality looks like. Dickinson College Score: 80.67 | Carlisle, Pennsylvania The very green Red Devils became carbon-neutral this past school year, with help from an LED lighting retrofit, the installation of a three-megawatt solar field on campus, and a campus-wide behavior change campaign.
BusinessGreen rounds up the best of the reaction from the low carbon economy to the government's flagship roadmap for achieving net zero emissions by 2050. Energy and Climate Intelligence Unit (ECIU) acting director Sepi Golzari-Munro said: "This strategy is an economic and political plan as well as a climate one.
If you truly look at the externalities of most companies out there, there are significant negative externalities. How do you deal with issues of tax, or corruption or money in politics, or human rights standards in your value chain? And then it gets to the tougher calls that I think many people have been avoiding.
Besides being a hub for biodiversity, it is also home to forest-dwelling tribal communities who would be evicted from their homes and their way of life. A monarchical democracy, Bhutan’s government has pledged to protect, conserve and improve its pristine environment and safeguard the country’s biodiversity.
These various initiatives are set to be complemented by new incentives to encourage the sector to make use of surplus heat and CO2 from industrial processes, as well as on-going efforts to accelerate the deployment of renewable energy technologies in order to cut on-farm energy costs and carbon emissions. There are 9.2
But the solutions are there On the other hand, the report stresses there is still time to deliver a low-carbon, sustainable economy where climate-resilient development becomes the norm. However, it has not afforded the same "super-deduction" style relief for low-carbon electricity generators facing a windfall tax on profits.
Meanwhile, the advance of low carbon alternatives to the hydrocarbon-driven economy has been far too slow to meet that challenge. And I think the same argument would hold for other goals like reversing the decline of biodiversity and trying to become so-called 'nature positive' by 2030.
A constant stream of negative news risks giving rise to hopelessness and nihilism, it is argued , which benefits nobody and undermines efforts to tackle the very real problems the world still faces. And yet these leaders risk missing a looming threat that could have an even more immediate impact on their prosperity and security.
The new Kunming-Montreal Global Biodiversity Framework should drive a step change nature protection natural world - here's why the world's new biodiversity targets matter for businesses. The 10-year plan, with its four broad goals and 23 targets, has a hugely ambitious aim: to halt and reverse biodiversity loss by 2030.
British biomass giant Drax is lobbying the Californian government to play host to its first ever “carbonnegative” power plant outside of the UK, despite concerns about the sustainability of the energy source. BECCS is a controversial technology that captures carbon dioxide from burning organic matter and buries it underground.
The use of so-called “negative emissions technologies” to enhance carbon sequestration and storage in the ocean is increasingly being discussed. This process, also known as alkalinization, harnesses chemical processes to alter the geochemistry of seawater and thereby increase the uptake of carbon dioxide from the atmosphere.
In this digital, mobile and social media age, we are constantly bombarded with new environmental, economic, social, geo-political and technical terminology that creates confusion, misguided actions and misinterpretation. Terms such as climate change, climate crisis, carbon neutral, negative emissions, etc.
The company may be headquartered thousands of miles away in California, but it has been involved in the broader campaign to save the "blue heart of Europe" - the river and biodiversity rich Balkans - being led by a network of local NGOs for more than half a decade. But the picture is much more complicated.
The first has to do with the carbon budget — the amount of carbon that can be emitted before the planet warms more than 1.5 The paper uses a carbon budget of 580 billion metric tons, an amount that is estimated to give only a 50 percent chance of stabilizing the global climate at 1.5 degrees C above preindustrial temperatures.
UN argues 'rapid deployment' of CCUS needed to meet carbon neutrality goals. The report acknowledges that CCYUS technologies alone will not be sufficient to deliver carbon neutrality in line with the goals ofthe Paris Agreement. The trend now is to shift away from carbon," said Maeda Tadashi.
Without deep carbon pollution cuts now, the 1.5-degree I am asking corporate leaders to support a minimum international carbon price and align their portfolios with the Paris Agreement. We need immediate action on energy. degree goal will fall quickly out of reach. There must be no new coal plants built after 2021. "The
Survey commissioned by Cut Carbon Not Forests highlights public concern over environmental impact of biomass power in the run up to COP26 Climate Summit. The group alleges that much of the wood burned for electricity in the UK is sourced from overseas forests that are home to some of the planet's most important biodiversity and ecosystems.
Animal agriculture is the largest emitter of methane, a greenhouse gas 80 times more potent than carbon dioxide when measured over a 20 year period. Several of these arguments reference the idea that grazing livestock can help maintain healthy soils which can store carbon. Past marketing drives run by the AHDB include the £3.5-million
The joint statement calls on the government to urgently provide more "vision, clarity, and detail" over the rollout of its Environmental Land Management (ELM) schemes, which were envisaged as post-Brexit replacements for the EU's Common Agriculture Policy but have been beset by political wrangling and repeated ministerial changes within government.
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