States which banked "staggering" profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.
With the week now underway, Glyn Richards, sustainability director at Bupa, shares his thoughts on key areas of focus, desired outcomes and whether there is reason to be optimistic ahead of COP28.
States which banked "staggering" profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.
With the week now underway, Glyn Richards, sustainability director at Bupa, shares his thoughts on key areas of focus, desired outcomes and whether there is reason to be optimistic ahead of COP28.
The Nature Positive Initiative has been launched to drive alignment around the definition, integrity and use of the term ‘nature positive’ and support broader, longer-term efforts to deliver nature-positive outcomes.
The International Union for Conservation Nature’s World Commission on Protected Areas (IUCN WCPA) has launched a freely available guide to achieving the 30x30 target of the Global Biodiversity Framework.
This week saw the accreditation of the UNDP's National Carbon Registry as a digital public good, investment in reinsurance solutions and ocean conservation in Gabon. While sustainable bonds continue to attract more issuance despite choppy macroeconomic conditions, world leaders are called to honour the commitments made at COP15.
Last week was a mixed bag, with Energy Ministers holding the first of pre-COP meetings failing to agree on an approach to the fossil fuel problem, Republican’s attempting federal rules for banning ESG activity but a growth in finance for climate action, circular economy and more. Much of the news flow these days seems scary and depressing but remember that the technology and expertise exists to address climate change and sustainability challenges – we just need to get the political will aligned.
Adnoc considered changing its name to remove reference to oil in the run up to COP28, due to be held in November in Dubai.
Masdar, Infinity Power and Hassan Allam Utilities have signed a land agreement for a 10 GW onshore wind farm in Egypt.
Hydrogen, carbon capture and tackling emissions was the focus of the recently concluded UAE Climate Tech conference, giving an indication of the upcoming COP28.
The outgoing chief executive of the Net Zero Technology Centre has blamed political infighting for a lack of recent progress on the energy transition.