More and more companies are setting science-based emissions-reduction targets. These targets represent a company’s share of the global carbon budget, the amount of carbon the world can collectively emit while hoping to limit global temperature rise to 2 degrees C.
Cities designed for cars rather than people create an urban existence that is bad for the economy, bad for family life and terrible for the environment. We can -- we must -- do better in the 21st century, as WRI President and CEO Andrew Steer explains.
As national leaders gather in New York for Climate Week, many of the world’s 500 largest companies are already considering their impact on Earth’s climate. Eighty percent of them have set targets to reduce their climate-warming emissions.
Climate change is a risk that, while significant, is oftentimes misunderstood by the financial community. The new Carbon Asset Risk Discussion Framework aims to help financial institutions identify and understand climate-related risks to their portfolios.
Thirty-nine countries now have carbon-pricing policies on the books, while hundreds of businesses have voiced support. Pricing carbon, which was just a theoretical concept a few years ago, has blossomed into real climate action.
The G7's unprecedented pledge to decarbonize the world economy this century is a recognition of simple arithmetic: Our energy-as-usual approach is changing the climate so much that it is a serious threat to our future prosperity.
The Science-Based Targets initiative aims to enlist 100 companies in 2015 to commit to setting greenhouse gas reduction targets based on the latest climate science. These targets can help prevent the worst impacts of climate change while safeguarding businesses' profitability.
Warren Buffet once said, “Cash combined with courage in a time of crisis is priceless.” Will those with the “cash”—the institutional investors who own an estimated $70 trillion in capital—have the courage to respond?