Browse in news and blog posts

Browse in news and blog posts
Net zero or zero sense: Three reasons to rethink financial institution's voluntary targets
Publication date 07 Jun 2024

This blog reveals three critical limitations in the voluntary approach of financial institutions’ net-zero targets: the low integrity of existing targets, their limited ability to directly control investee emissions, and a finance-first mandate that hinders voluntary climate action.

Bonn sessions: 3 topics to watch in UN climate talks
Publication date 03 Jun 2024

Climate impacts are getting more severe across the globe, a chilling reminder that there is no more time to waste. Halfway through 2024 and the critical decade of climate action, the midyear UN Climate Change Conference – the 60th session of the Subsidiary Bodies – kicked off on Monday in Bonn, Germany, running from June 3–13. The Bonn sessions are an important platform to continue negotiations on key topics in preparation for the UN’s main COP29 Climate Conference in Azerbaijan in November.

'Greenhushing': An emerging trend or sign of less greenwashing?
Publication date 15 May 2024

The term 'greenhushing' has recently emerged in discussions around corporate climate action, but is it an actual trend? In this blogpost, we dive deeper on the issue.

VCMI’s scope 3 flexibility claim could turn back the corporate ambition dial to business-as-usual
Publication date 08 Dec 2023

The VCMI has released its integrity guidelines for corporate use of carbon credits. In some regards, the concept of VCMI’s Silver, Gold and Platinum claims set out a transparent and constructive approach. But the Scope 3 Flexibility Claim will be the most relevant part of the claims package for the next decade.

COP28 needs to switch mode from finding the smallest common denominator to achieving what was before unimaginable
Publication date 22 Nov 2023

The 28th Conference of Parties of the UNFCCC (COP) takes place from 30 November - 12 December 2023, at the end of another year of record-high temperatures and climate change impacts, which are rapidly increasing in frequency and intensity, causing loss of livelihoods around the globe, and particularly in vulnerable developing countries. We hear more and more voices saying that “we will not make it” and “we are doomed”. However, the past decades have shown that positive change can happen faster than expected and that we have all the tools to protect this planet and its inhabitants. COP28 has a...

Walking the tightrope of Indonesia's energy transition: Boosting jobs or leaving coal communities behind?
Publication date 08 Nov 2023

As the Government of Indonesia prepares to publicly launch its first iteration of plans to deliver on the goals of the Just Energy Transition Partnership it announced one year ago, we take a look at implications for the workers and communities that currently depend on its large and growing coal sector.

Response to GFANZ APAC June 2023 Consultation
Publication date 02 Nov 2023

NewClimate Institute and the Institute for Climate Economics (I4CE) submitted a response to a public consultation on the Glasgow Financial Alliance for Net Zero’s proposed set of voluntary guidance for financing the early retirement of coal-fired power plants in Asia-Pacific. This blog post highlights key points from our submission.

Reaction: Samsung Electronics’ joining RE100 and committing to net zero by 2050
Publication date 14 Sep 2023

This memo contains a Q&A reaction with the authors of the Corporate Climate Responsibility Monitor (CCRM), on the extent to which Samsung’ 2023 Sustainability Report released on 30th June represent an improvement on its climate strategy.

Reaction: Apple unveils its first carbon neutral products
Publication date 14 Sep 2023

This memo contains a Q&A reaction with the authors of the Corporate Climate Responsibility Monitor (CCRM), on the meaning of Apple’s new announcement and the extent to which this represents any significant development of the company’s climate strategy.

Not all ETF providers are made the same
Publication date 06 Jul 2023

Passive investing is on the rise, but retail investors should be aware of the differences in the way asset managers handle corporate stewardship and choose an asset manager that aligns with their values to ensure that passively invested capital is not supporting carbon-intensive business models. Passive investing is on the rise (see Figure 1) for good reason. With low costs and well-diversified options like Exchange Traded Funds (ETFs), it is no wonder that many investors are turning to passive investment products. However, as more and more investors jump on the passive bandwagon, it is...

FAQs - Climate contributions
Publication date 05 Jul 2023

In our document " A guide to climate contributions: Taking responsibility for emissions without offsetting " we aim to help address a growing demand for guidance on how companies can take responsibility for their emissions by contributing to climate action and the overarching global goals enshrined in the Paris Agreement. To address in more details some of the most frequently asked questions on climate contributions and our guidance document we set up this FAQ page. Please click on individual questions to expand or collapse and see the respective answers. What is a climate contribution...

Upcoming Spanish elections could hamper European climate diplomacy at a time when it should be a top priority
Publication date 03 Jul 2023

The climate agenda under Spain's recently started Council Presidency and the EU’s climate leadership face uncertainty due to snap elections that could produce a hung Spanish parliament or see right-wing parties gain power.

The World Bank’s sector notes encourage the consideration of transitions, but lack sufficient detail to ensure full alignment with the Paris agreement
Publication date 10 May 2023

In this blog we explore whether the approaches in the World Bank sector notes are sufficient to avoid financial flows that conflict with the Paris Agreement.

Trading-off: Exploring the potential implications of the EU's new Carbon Border Adjustment Mechanism for Southeast Asian economies
Publication date 06 Apr 2023

In this blog, we look at the exposure of major Southeast Asian economies to CBAM in its likely future form and apply an economic model (CLIMTRADE) to appraise several broader considerations that may arise from distortions to global trade flows.

Review of “Paris compatible sectoral guidelines of the KfW Banking Group” for Electricity, Oil, and Gas
Publication date 27 Mar 2023

Background and summary: At COP 26 in Glasgow in 2021, Germany signed a pledge to end international finance of fossil fuels by the end of 2022, except in limited and clearly defined circumstances that are consistent with a 1.5°C warming limit and the goals of the Paris Agreement. Under the 2022 German Presidency, G7 leaders’ communiqué echoed the spirit of the Glasgow commitment. While the communiqué recognizes the exceptional circumstances stemming from the Russian invasion of Ukraine, it stresses that any temporary publicly supported investment must still be “ consistent with our climate...

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