COP29 Day 2: Keir Starmer sets UK emissions reduction target of 81% by 2035
Day 2 of COP29 saw UK NDC update, loss and damage fund mobilisation and MDBs’ commitments
NDCs
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COP29 president outlines key conference objectives in Berlin speech
Based on two mutually reinforcing pillars to enhance ambition and enable action
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S&P Global Q&A: Clear frameworks for disclosure needed to progress with SDGs
S&P Global Sustainable’s Richard Mattison highlights challenges in incorporating the UN SDGs into investment portfolios
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What progress have we seen since COP27?
abrdn’s Cairns highlights woeful adaptation finance, NDC updates and ambition
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Five priority actions for governments at COP27
More than 600 investment firms have come together to call for stronger climate policy
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UN warns world on track for 2.8°C rise
Progress since COP26 has been ‘woefully inadequate’
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World on track for 2.8°C rise, UN warns
Ahead of this year’s COP27 event, the UN reports that little has been accomplished over the past year
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Four interconnected gaps that need to be addressed at COP27
abrdn duo say close the ambition, credibility, justice and adaptation gaps
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Four interconnected gaps that need to be addressed at COP27
abrdn duo say closing these gaps will mean a successful COP
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NDCs unlikely to be renewed at COP27
Mitigation will be focused on nationally determined contribution plans but there will be little change
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Asset owners commit $7.1trn to interim net-zero targets
AUM applying to sub-portfolio goals more than doubles to $3.3trn
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Net-zero asset owners commit $7.1trn to interim targets
AUM applying to sub-portfolio goals more than doubles to $3.3trn