Water and climate change are inextricably linked. Climate change affects the world’s water in complex ways. From unpredictable rainfall patterns to shrinking ice sheets, rising sea levels, floods and droughts – most impacts of climate change come down to water water (UN…
New data from WRI’s Aqueduct Water Risk Atlas show that 25 countries — housing one-quarter of the global population — face extremely high water stress each year, regularly using up almost their entire available water supply. And at least 50% of the…
Climate change is a global problem that needs global solutions. As the EU raises its own climate ambition, and as long as less stringent climate policies prevail in many non-EU countries, there is a risk of so-called ‘carbon leakage’. Carbon…
While adopting a “wait and see” approach might seem appealing, an increasing number of companies are developing their own solutions to reduce this gap internally. Here are four strategies. Businesses in various sectors are facing growing pressure to embrace sustainable…
According to a report published by the Presidency of Climate Change of the Republic of Turkey, assumed Carbon Border Adjustment Mechanism (CBAM) certificate fees of 75 euros per ton of carbon dioxide equivalent (tCO2e) will result in an annual cost…
Momentum on climate action builds with more companies setting science-based targets in 2022 than in the past seven years. New data shows that the number of companies and financial institutions setting science-based targets for greenhouse gas (GHG) emissions reductions is continuing to grow amid more…
Europe is experiencing some of the hottest temperatures of summer 2023 so far, as a ‘heat dome’ expands over the southern half of the continent. This weather pattern allows a warm air mass to build up under a high-pressure system,…
The global shipping industry has agreed to reduce planet warming gases to net-zero “by or around 2050”, but critics say the deal is fatally flawed. Ships produce around 3% of global CO2 but countries will now have to reduce this…
The European Commission released a series of measures on Tuesday aimed at bolstering its sustainable finance framework, including a new proposal to regulate ESG ratings providers, and the introduction of a new set of criteria for sustainable economic activities under…
Global professional services firm KPMG announced today the launch of Circularity Tracker, a new tool aimed at supporting organizations’ shift from a linear to a circular economy through automated data collection and processing, and performance analysis and monitoring. The new…