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Red states, blue states, green States?

By Jon Hay 17 Dec 2020 After four years of the US government noisily refusing to protect humanity from climate change and pushing back on responsible investing, sustainable finance supporters are full of hope that Joe Biden’s presidency will shift the US and the world in the right direction. Jon Hay reports Capital markets players are convinced the US’s long wandering in the wilderness as the world’s chief renegade on climate change is coming to an end. The election of Joe Biden as president though without control of the Senate, barring great luck for the Democrats in January’s Georgia run-offs has wrested power from the most aggressive enemy of climate policy among world leaders and given it to a candidate who knows the urgency of action.

Climate and environmental Governance: Five years on from the Paris Accord, where are we?

The Paris Agreement was signed exactly five years ago on Dec 12, by 196 nations. It was a breakthrough in global climate governance and cooperation, with a target to limit global warming this century to 1.5°C, and at most, to 2°C. As part of this, each signatory country had committed to its own Nationally Determined Contributions (NDCs) to reduce carbon emissions. However, many countries are not on track to meeting their Paris commitments, and five years on, with more advanced approaches to climate modelling, the data is telling us that global warming is on track to hit 2.8°C, far exceeding the Paris Agreement’s limit of 2°C.

SouthGobi Resources announces first quarter 2020 financial and operating results

SouthGobi Resources announces first quarter 2020 financial and operating results
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