New Net-Zero Assets Alliance signatories push initiative to $3.9 trillion
AXA, Aviva, CNP Assurances and Fonds de Réserve pour les Retraites (FRR) have joined the UN-convened Net-Zero Asset Owner Alliance, raising total assets under management targeting carbon neutrality by 2050 to more than $3.9 trillion. The Alliance is a group of the world’s largest pension funds and insurers committing to fully decarbonise their portfolios to avoid a […]
87 global businesses commit to UN emissions targets
Eighty-seven major companies — with a combined market capitalisation of over US$2.3 trillion and annual direct emissions equivalent to 73 coal-fired power plants — are aligning their businesses with what scientists say is needed to limit the worst impacts of climate change. Responding to a call-to-action issued in June by a group of business, civil society and […]
Falling cost of renewables ‘boosts climate ambitions’
Renewable power is the cheapest source of electricity in many parts of the world already today. That’s according to the latest report from the International Renewable Energy Agency (IRENA). The report contributes to the international discussion on raising climate action worldwide, ahead of Abu Dhabi’s global preparatory meeting for the United Nations Climate Action Summit in September. […]