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.