Scientists at the EU’s climate agency Copernicus released their findings this week on the state of the planet’s climate. It made for stark, if not unexpected reading. The headline was that the planet was 1.48° Celsius hotter in 2023 compared to pre-industrial times. That’s a mere whisker below the 1.5° Celsius target set by countries in the 2015 Paris Climate…

Scientists at the EU’s climate agency Copernicus released their findings last week on the state of the planet’s climate. It made for stark, if not unexpected reading. The headline was that the planet was 1.48° Celsius hotter in 2023 compared to pre-industrial times. That’s a mere whisker below the 1.5° Celsius target set by countries in the 2015 Paris Climate…

ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…

ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…

Sovereign wealth fund urged to engage with local communities to understand full environmental impact.   Norges Bank Investment Management (NBIM) has set three targets for Shell and Eni over the next two years, as the oil and gas firms prepare to withdraw from the Niger Delta region following a series of destructive oil spills.   The world’s largest sovereign wealth fund, which…

The investment community may have limited control over net zero targets, but it can enable better outcomes, says London Business School Executive Fellow Tom Gosling.  Climate change is a critical issue that we, as a society, are underestimating and should be doing more on, according to Tom Gosling, an Executive Fellow at the London Business School and the European Corporate…

Ali Al Suhail, Associate at DAI Magister, offers a round-up of funding, regulatory and technology initiatives announced in Dubai aimed at mobilising sustainable investments. Held in the UAE, COP28 addressed a number of crucial issues and decisions, with a primary focus on the future role of fossil fuels and pivotal topics such as addressing climate finance disparities and establishing the…