Less than half of countries that committed to strengthening their climate action targets in 2020 did so by the end of last year, as the pandemic slowed climate diplomacy and efforts to update national plans, a developing-nation group said on Friday. A tracker run by the Climate Vulnerable Forum (CVF) showed 73 nations submitted revised climate plans to the United Nations,
By Megan Rowling
BARCELONA, Jan 8 (Thomson Reuters Foundation) - Less than half of countries that committed to strengthening their climate action targets in 2020 did so by the end of last year, as the pandemic slowed climate diplomacy and efforts to update national plans, a developing-nation group said on Friday.
A tracker run by the Climate Vulnerable Forum (CVF) showed 73 nations submitted revised climate plans to the United Nations, meeting a 2020 deadline under the Paris Agreement to tackle global warming.
That was about 45% of the 160 nations that had earlier said they intended to submit plans - called nationally determined contributions - last year.
Financing for climate adaptation can drive Africa’s economic development and climate goals
Guest Author
Nick O Donohoe
Power is critical to Africa’s development. At least 600 million people across the continent that don’t have access to affordable and reliable power. That lack of access remains one of the biggest barriers to poverty reduction and economic growth.
“Billions of people simply lack enough energy to build a better life,” Kenyan energy researcher Dr. Rose M. Mutiso says in this powerful TED talk. “Affordable, abundant and reliable energy to run their businesses without daily blackouts, to preserve their crops from rotting, to power life-saving medical equipment…to run trains and factories. Basically, to grow and to prosper and to access both dignity and opportunity.”
BW Businessworld
Addressing Climate Change And Accelerating The Low Carbon Transition
Macquarie supports a number of international initiatives including the Global Center on Adaptation, the Climate Finance Leadership Initiative, the Taskforce on Scaling Voluntary Carbon Offsets, and the Sustainable Markets Initiative.
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Macquarie Group is supporting the transition to a low carbon economy by progressing a range of solutions to mitigate climate change and adapt to its effects. At the fifth anniversary of the Paris Agreement, Macquarie Asset Management, a top 50 global asset manager and the world’s largest manager of infrastructure, has announced a commitment to manage its portfolio in line with net zero emissions by 2040.