Browse in news and blog posts

Browse in news and blog posts
Increased transparency and improved due diligence is critical to mobilizing climate finance
Publication date 09 Aug 2022

A few weeks ago, the G20 published a report on “Boosting MDBs’ investing capacity” written by an expert panel tasked with an independent review of Multilateral Development Banks’ Capital Adequacy Frameworks. This blog addresses a significant barrier to fulfilling a number of recommendations about how to better access global financial markets: a lack of transparency and the associated doubts surrounding some MDB’s lending.

What’s at stake for steak?
Publication date 11 Jul 2022

The meat industry is a major, and growing, contributor to global greenhouse gas emissions. Aggregate emissions from animal-based foods are twice those of plant-based products, accounting for in the order of 60% of total food system emissions.

Major Dutch companies’ climate pledges fall short of what is needed for Paris Agreement
Publication date 05 Jul 2022

Berlin, 5 July 2022 – New analysis published today shows that major Dutch companies only commit to reduce their emissions by 19% by 2030 on average, falling far short of the requirement to halve emissions by 2030 according to this year’s IPCC’s Sixth Assessment report. This is the first comprehensive analysis of 29 Dutch companies and financial institutions based on a study commissioned by Milieudefensie. The research was conducted by NewClimate Institute and evaluates 21 companies operating in the real economy and 8 financial institutions to determine the transparency and integrity of their...

The UN Climate Change reconvenes next week in Bonn: what will be discussed?
Publication date 09 Jun 2022

The midyear UN climate conference “56th session of the Subsidiary Bodies” will take place from 6 to 16 June 2022, in Bonn. These sessions focus on means of implementation and policy requirements in preparation of the COP in November.

The climate and health double dividend
Publication date 30 May 2022

An early phase out of coal plants around the world could help avoid over 14.5 million premature deaths from air pollution over the next three decades, delivering an economic benefit of $16.3 trillion. Our new analysis shows the enormous scale of public health benefits of urgently phasing out operating and planned coal plants in 24 countries, covering over 90% of the global fleet. The twin climate and health impacts are shown in an interactive online tool which pinpoints their source in different countries, and allows users to adjust the time horizon, consider different scenarios, and explore right down to the level of individual units.

Q&A with the authors: Corporate Climate Responsibility Monitor 2022
Publication date 07 Feb 2022

Companies around the world are increasingly alert to the climate emergency, facing calls from a growing range of stakeholders to take responsibility for the environmental impact of their activities. The rapid acceleration of corporate climate pledges means that it is more difficult than ever to distinguish between real climate leadership and unsubstantiated greenwashing. In this blogpost the lead authors of the Corporate Climate Responsibility Monitor – Thomas Day, Silke Mooldijk, Sybrig Smit – shared their perspectives on questions related to the analysis, and its implications. You can also...

Press Release – Corporate Climate Responsibility Monitor 2022
Publication date 07 Feb 2022

The headline climate pledges of 25 of the world’s largest companies in reality only commit to reduce their emissions by 40% on average, not 100% as suggested by their “net zero” and “carbon neutral” claims, according to a new analysis. These are the findings of the Corporate Climate Responsibility Monitor released today, conducted by NewClimate Institute in collaboration with Carbon Market Watch. I

NewClimate Institute in ARD Doku "Die Klimaretter - haben wir noch eine Chance?"
Publication date 24 Jan 2022

Doku: "Die Klimaretter - haben wir noch eine Chance?" (only available in German / nur auf Deutsch verfügbar) Niklas Höhne und weitere renommierte Experten wurden für eine Dokumentation des ARDs interviewt. Sie sprechen über Lösungen für das drängendste Problem unserer Zivilisation - die Klimakrise - und ob wir noch eine Chance haben, sie aufzuhalten. Die Antwort ist klar „Ja“, aber nur wenn wir jetzt sofort loslegen. Die Doku basiert auf NewClimate Institutes Studie mit dem Titel "Realizing the promise of Paris: Roadmap to a safer climate". Niklas Höhne and other renowned experts were...

MDBs Pledged to Align Financial Flows with the Paris Agreement. They’re Not There Yet
Publication date 03 Nov 2021

Two years after the 2015 Paris Agreement, the world’s multilateral development banks (MDBs) committed to align their financial flows with the landmark climate pact’s goals.

The ambition loop in motion for electric vehicles in the automotive industry
Publication date 29 Oct 2021

This blog post is based on the findings of the project Analysing the aggregate impact of global non-state and subnational climate action, and is a joint output in collaboration with PBL Netherlands Environmental Assessment Agency and Data-Driven Envirolab. Car manufacturers have responded to recent national government policies and market signals by setting ambitious targets for electric vehicle (EV) sales, which has resulted in higher estimated EV shares in some countries than could be expected from government policy alone. However, more ambition is needed from both governments and...

NewClimate Institute at the COP26 in Glasgow
Publication date 29 Oct 2021

The 26th Conference of Parties of the UNFCCC took place from 31 October - 12 November 2021. NewClimate Institute was present in Glasgow hosting and participating in multiple events. Additionally, we released several related publications before and during COP26. You can find all information on this page. Note: We included timings of events in Glasgow (GMT) and Central European Time (CET). Events & Appearances Events with NewClimate Institute participation: Watch recording Side event: Updates on the Emissions Gap and country action from major progress trackers (NewClimate-Event) Join us for...

Switzerland’s bilateral agreements to offset their emissions set a poor precedent for ambition ahead of COP26
Publication date 28 Oct 2021

Switzerland has reached agreements with Georgia, Peru, Senegal and Ghana to support the implementation of low-hanging fruit climate change mitigation. In return, the countries will transfer the mitigation outcomes to Switzerland to help it meet its national target under the Paris Agreement.

Gas investment is not the solution to the current energy crisis
Publication date 21 Oct 2021

Much of the world currently finds itself in the midst of an energy crisis tied to jumps in the price of gas. Expanded investments in gas extraction, infrastructure, and gas-fired electricity generation plants sound like they could be solutions to the global gas crunch. New research from NewClimate Institute finds that continued reliance on gas is more likely to be an expensive distraction aggravating the situation – while undermining energy security and climate mitigation efforts. In the vast majority of cases, renewables and electrification represent the best solution. Around the world...

The financial sector has a critical role to play in enabling global deep decarbonisation
Publication date 26 Jul 2021

To limit global warming to well under two degrees, the global economy needs to undergo system-wide changes. Finance has a critical role to play. The finance sector, defined as provider of financial services to actors in the real economy must play a central role in bringing about systemic change and in helping mobilise and shift capital to fully decarbonise the economy. UNEP FI estimates that for full decarbonisation, the world needs investments in the order of 5 to 7 trillion USD per year (UNEP FI). While staggering, tens of trillions of dollars are spent every year on exploration, extraction...

Three things development finance institutions can do to ensure Paris alignment of intermediated finance
Publication date 30 Mar 2021

Development banks not only provide finance directly to specific projects, they also channel funds to financial intermediaries, for example local banks, in developing and emerging economies. Development banks, notably including the major multilateral development banks and members of the International Development Finance Club (IDFC) have committed to align themselves with the Paris Agreement. While they have made (some) progress with establishing Paris lending criteria for their direct lending activities – clear rules and guidance for how to align “intermediated lending” with the Paris Agreement...

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