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Accenture Acquires IQT Group to Advance Sustainability in Energy, Water, and Telecom

diciembre 20, 2024 No hay comentarios

Key Impact Points: Accenture has acquired IQT Group, a Rovigo, Italy-based consultancy specializing in sustainability and net-zero strategies for electricity, water, and telecom infrastructure. The deal reinforces Accenture’s commitment to enabling a low-carbon energy system through strategic infrastructure projects. Financial terms were not disclosed. Driving Sustainability in Energy and Infrastructure

Oceans in the Spotlight: Advocates Push for Climate Recognition Beyond COP29

diciembre 20, 2024 No hay comentarios

Key Impact Points: Marine Issues: Slow Progress at COP29 The ocean, as the planet’s largest carbon sink, plays a pivotal role in mitigating climate change, yet it remains on the sidelines of global climate discussions. While the COP29 conference in Baku is dubbed the “finance COP,” marine climate solutions are

U.S. Electricity Demand to Surge 15.8% by 2029: Grid Strategies Report

diciembre 20, 2024 No hay comentarios

Key Impact Points: U.S. Electricity Demand Forecast Electricity demand in the U.S. is set to increase significantly, with Grid Strategies projecting a 15.8% rise—128 GW—by 2029. This represents a 456% surge in load growth forecasts over two years, driven by booming data centers and manufacturing industries. “We are now looking

U.S. White House Unveils Ambitious 2035 Climate Target to Cut Emissions by 66%

diciembre 20, 2024 No hay comentarios

Key Impact Points A Bold Climate Vision President Biden announced an updated U.S. Nationally Determined Contribution (NDC) under the Paris Agreement, targeting a 61-66% reduction in greenhouse gas emissions by 2035 from 2005 levels. This target builds on the Administration’s previous 2030 goal of a 50-52% reduction and aims to

Fossil Fuel Expansion in Coral Triangle Poses Ecological Disaster Risk

diciembre 17, 2024 No hay comentarios

Key Impact Points The Coral Triangle’s Growing Fossil Fuel Threat The Coral Triangle, a biodiversity hotspot spanning seven countries in Southeast Asia and the Pacific, faces escalating risks as fossil fuel operations expand. A new report titled “Coral Triangle at Risk: Fossil Fuel Threats and Impacts” highlights how oil and

Invesco’s Climate ETF Launch Breaks Global Funding Record with $2.4 Billion Backing

diciembre 17, 2024 No hay comentarios

Key Impact Points: Record-Breaking Launch Invesco Ltd. (NYSE: IVZ), a global asset management leader, has launched the Invesco MSCI North America Climate ETF (KLMN) on the New York Stock Exchange. Backed by $2.4 billion from Varma, Finland’s pension insurer, this ETF marks the largest funding ever for a newly launched

Deloitte Survey: 70% of Executives Rank Climate Change Among Their Top Three Corporate Priorities

diciembre 17, 2024 No hay comentarios

Key Impact Points The Growing Business Case for Climate Action A new Deloitte report reveals a foundational shift in corporate sustainability, driven by climate risks, evolving regulations, and stakeholder demands. Record-breaking climate disruptions, such as extreme weather and rising insurance costs, are reshaping business strategies globally. “Seventy-nine percent of respondents

Keeping Score on Climate: Rating the Regulators

diciembre 13, 2024 No hay comentarios

Key Impact Points: The Climate Risk Scorecard 2024: A Snapshot The Ceres Accelerator for Sustainable Capital Markets unveiled its latest Climate Risk Scorecard, providing a comprehensive evaluation of how 10 federal financial agencies are tackling the systemic financial risks posed by climate change. These agencies include the Federal Reserve Bank,

Countries Agree to $300 Billion Climate Finance Goal by 2035 – Challenges Ahead

diciembre 12, 2024 No hay comentarios

Key Impact Points: A New Climate Finance Target At COP29, countries finalized a New Collective Quantified Goal (NCQG) on climate finance. Developed countries pledged to lead efforts to mobilize $300 billion annually by 2035, within a broader target of $1.3 trillion for developing nations. This commitment shapes climate finance talks

Rethinking Business: 4 Strategies to Drive Systemic Climate Action

diciembre 10, 2024 No hay comentarios

Key Impact Points Fossil Fuel Influence and Business Silence For decades, fossil fuel companies have used lobbying, PR campaigns, and political donations to shape public opinion and block climate progress. Despite experiencing climate-related disruptions like supply chain shocks and natural disasters, the broader business community has largely remained on the