Paris Agreement

DEFINITION: A global climate change deal signed at Paris at COP 21 in December 2015 and ratified by 97 countries in November 2016. The deal "emphasises with serious concern" the need to hold the increase in the global average temperature to "well below 2C" above pre-industrial levels, and "pursuing efforts to limit the temperature increase to 1.5C".

See also: Conference of the Parties (COP)

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For Burberry, 1.5C was the intended target from the outset

How Burberry joined the business elite in setting a 1.5C science-based target

EXCLUSIVE: As Burberry became the latest corporate to set a science-based target aligned to the Paris Agreement's most ambitious pathway, the company's vice president of corporate responsibility outlined how the goal was set, and what happens next.

GRI and CDP believe that better engagement with the private sectors will create a new mindset for businesses to explore their own climate targets

Report: Nations must engage with private sector to achieve Paris Agreement

A new whitepaper from GRI and CDP has outlined the importance of increasing private sector engagement in meeting national climate change commitments made under the Paris Agreement.

The corporates studied hail from 14 of the world's most carbon-intensive sectors, including oil and gas extraction and distribution 

Report: Just one-eighth of corporates aligning with Paris Agreement

An analysis of 274 corporates across the world's most carbon-intense sectors has found that just one in eight are reducing their emissions in line with the Paris Agreement's less ambitious trajectory of 2C.

Sir David Attenborough was questioned by MPs in front of a large audience

Sir David Attenborough: 'Radical' battle against climate change can be a 'huge opportunity'

Sir David Attenborough has welcomed that the UK's net-zero carbon emissions target, noting that any nation that can "get ahead of the game" on the climate movement can generate huge economic and societal opportunities, provided "radical change" is introduced.

The group would propose a vote on setting up the “common sense” committee at the first sitting of the new Parliament next week

EU leftists demand 'climate emergency' Parliament committee

The European Parliament's leftist group (GUE/NGL) has proposed setting up a special climate emergency parliamentary committee to shift the spotlight on to green issues even more over the next five years.

The goals were announced in April, but have since been approved by the SBTi

Co-op to halve emissions with 1.5C science-based target

The Co-op has joined a select group of business leaders committed to aligning emissions reduction strategies with the highest ambition of the Paris Agreement, after pledging to halve its greenhouse gas emissions by 2025.

Aerial view of Bonn

UN climate talks end amid major questioning of landmark 1.5C IPCC report

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Burberry has already achieved carbon neutral status across the Americas region, EMEIA retail stores and its UK operations Image: Mparweo/Wikipedia

Burberry to reduce emissions by 95% through approved 1.5C science-based target

Luxury fashion giant Burberry has joined just a handful of companies in setting a science-based target aligned to the 1.5C trajectory of the Paris Agreement, after committing to reducing its operational emissions by 95% by 2022.

The partnership will form part of a wider strategic partnership focusing on climate change

UK looks set to host COP26 in partnership with Italy

The UK has formally proposed its intention to host next year's international COP climate conference as part of a partnership with Italy that will see the latter host a pre-COP event.

For some, the SDGs have proved to be “better measures of success” than financial returns alone

The Global Goals: Can the 'long-term North Star' guide businesses to value creation?

At edie Live, experts from the private and public sectors discussed business progress on the Sustainable Development Goals (SDGs). Here, edie explores whether there's still time left for sustainability and energy professionals to harness the Global Goals to truly transform business, for good.

The company has an approved science-based target to reduce Scope 1 and Scope 2 emissions by 100% by 2030, compared to 2015 levels

Unilever boss calls for business push on net-zero emissions

Unilever's new chief executive Alan Jope has written to trade associations and business groups that the consumer goods giant is a member of, asking for clarity on whether they believe a transition to net-zero emissions by 2050 is essential.

Carbon Credentials joins the small number of SMEs worldwide to have set a science-based target

Carbon Credentials to cut Scope 3 emissions through approved science-based target

Energy and carbon management company Carbon Credentials is ready to walk the walk on climate goals, after having new targets to reduce Scope 3 value chain emissions approved by the Science Based Targets initiative (SBTi).

One of HAVI's largest clients is McDonald's, which is working towards its own SBTi-approved GHG targets

Logistics giant HAVI sets science-based emissions targets

Global supply chain management and logistics firm HAVI has unveiled a new set of science-based emissions reductions targets, making it one of the first ten firms in its sector to align itself with the Paris Agreement.

The most recent COP Conference (pictured) took place in Katowice, Poland 

Utility leaders support UK bid to host UN climate conference

Leaders in the energy and water sectors have pledged their support for the UK's bid to host the 2020 UN Conference of the Parties climate conference (COP26).

BP is now legally bound to set out a strategy that is compliant with the Paris Agreement on climate change

BP shareholders demand climate action, but reject calls for hard targets

An overwhelming vote in favour of climate action at BP's annual meeting yesterday (21 May) shows how activist investors have started to move the oil and gas industry. But it also showed the limits to their appetite for change.

Vince’s football club, Forest Green Rovers has achieved carbon neutrality through the UN methodology

Ecotricity responds to climate emergency with carbon-neutral goal for 2025

Green utilities firm Ecotricity has publicly declared a climate emergency, vowing to "upgrade" its current sustainability commitments to become a carbon-neutral business by 2025.

<p>Chubb is headquartered in the US and has operations in 53 other countries</p>

Chubb sets global science-based emissions targets

The world's largest publicly listed property and casualty insurance firm has set new carbon emission reduction targets, in line with the 2C trajectory outlined in the Paris Agreement.

Low-carbon revenues generated in a 1.5C world are six times that of a 3C world, the report notes

Low-carbon transition puts $10trn at risk for inactive investors

A global coalition of financial investors has warned that more than $10trn (£7.7trn) in portfolio assets could be lost if the sector and governments fail to rapidly transition to a low-carbon economy.

edie speaks to some business leaders across key sectors faced with looming climate threats

Sustainable Business Covered podcast: Climate tipping points with Mars, ING, UPS and The Carbon Trust

Episode 62 of the Sustainable Business Covered podcast sees Matt and Sarah deliver interviews outlining how big-name companies in key sectors facing a climate tipping point are radically decarbonising their business to help spur climate action and transition to the low-carbon economy.

The UK Government has previously been accused of funding high-carbon projects abroad which contradict with its domestic carbon targets

UK Government must align funding aid with 'net-zero' to tackle global climate challenges, MPs warn

The UK Government must place climate change at the centre of its foreign aid strategy and funding decisions if it is to help communities abroad mitigate - and adapt to - global climate challenges, a group of MPs have warned.

As SMEs and luxury brands bolstered their sustainability efforts during 2018, high street giants failed to follow suit, the report claims

Report: Fashion sector stalling on sustainability progress, with high street giants holding industry back

The global fashion industry's overall efforts to operate more sustainability have slowed by one-third on a year-on-year basis, with actions failing to decouple emissions from the sector's rapid growth in a way that would align with the Paris Agreement's aims.

Carbon Tracker has warned oil and gas firms about being too

Report: Oil and gas firms failing to disclose climate-related financial risks

The world's largest oil and gas firms must disclose more information on the financial risks that climate challenges will pose to their business, or face losing investment and stakeholder trust.

The Committee says achieving a net-zero carbon economy by 2050 will require a “whole-government” approach to fighting climate change

Net-zero emissions by 2050: CCC publishes long-awaited recommendations for UK Government

The UK must "set and vigorously pursue" a bold new climate change target to reduce greenhouse gas emissions to 'net-zero' levels by 2050 – replacing the current target of an 80% reduction against 1990 levels – according to a major new report from the Committee on Climate Change (CCC).

Organisations were unanimously in favour of the recommendations outlined in the report

'Government must act now': Green economy reacts to the CCC's net-zero report

Green leaders have come out in force to praise the Committee on Climate Change's report - and requested immediate action from the government on the issues raised from its findings.

Heathrow plans to operate zero-carbon airport infrastructure by 2050

High Court dismisses climate case against third runway at Heathrow Airport

The High Court has today (1 May) dismissed five claimants objecting the expansion of Heathrow Airport on grounds including pollution and climate change impacts, a decision criticised in light of the recent declarations of a "climate emergency" in the UK.

The climate strikes have created a unique backdrop for Government to raise ambitions

Net-zero emissions and a Green New Deal for the UK: Key business questions, answered

The Committee on Climate Change (CCC) is providing its highly anticipated advice on setting a net-zero emissions target to the Government during a time where calls for a Green New Deal continue to grow. Here, edie explores how the UK can set a new standard for climate change policy.

The letter acknowledges the urgency of the climate crisis, and calls on the Eu to decarbonise its economy by 2050 at the latest

Business leaders call for EU net-zero target

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SDG 13 is the first Goal to be published under the SDG Spotlight format, with more set to follow

edie launches SDG Spotlight reports to highlight how businesses can achieve the Global Goals

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The UK's exclusion of international aviation and shipping figures from carbon budgets has been criticised by Transport & Environment and Greta Thunberg

UK's 'creative carbon accounting' breaches climate deal, say critics

The UK is breaching the Paris agreement on climate change by excluding international aviation and shipping figures from carbon budgets, according to a leading NGO.

Verizon employs 152,000 people and serves 4.6 million customers across the US

Verizon targets carbon neutrality by 2035

US-based telecommunications and technology giant Verizon has pledged to achieve carbon neutrality across its Scope 1 (direct) and Scope 2 (electricity and heat) footprints by 2035.

Last year, Oxford unveiled plans to phase out petrol and diesel vehicles from the city centre with an ultimate aim to deliver a zero-emission zone in 2035

Oxford City Council to create citizens assembly to assist with climate change targets

Following a week of climate-related protests in London, Oxford City Council has announced its intention to become the first UK local authority to create a "citizens assembly" to assist with the establishment of new carbon targets and climate mitigation strategies.

Thunberg urged MEPs to

'You did not act in time': Greta Thunberg's full speech to MPs

Read the full text of the speech Greta Thunberg gave to MPs at the Houses of Parliament, originally hosted by the Guardian.

Extinction Rebellion organisers claim that demonstrations are planned in 80 cities across 33 countries Image Julia Hawkins, flickr

Extinction Rebellion: Role of business in society is being defined by climate change

As thousands of climate protestors continue to blockade key London landmarks as part of the Extinction Rebellion protests, businesses have been warned that action or inaction to combat climate change will define their role in future societies.

The world is currently around 1C warmer than in pre-industrial times, with the Arctic believed to be warming twice as fast as the global average

UK emissions linked to annual Arctic ice loss larger than four cities

WWF has measured the impact of the UK's carbon emissions on ice loss in the Arctic for the first time, concluding that the nation's 2018 emissions caused the loss of more than 1000km2 of Arctic sea ice.

Shell is thought to be responsible for about 2% of all global carbon emissions. Pictured: Shell's Appomattox project in the Gulf of Mexico

Shell taken to court over climate impacts and alleged human rights 'violations'

Oil and gas giant Shell is facing legal actions over "slow" progress in reducing its emissions, improving its human rights protections and eliminating oil spills, with green campaign group Friends of the Earth's (FoTE) Netherlands arm claiming its current business model is "wrecking the climate".

The coalition also expressed their support for the youth climate strikes. Image European Commission

Brexit eclipses climate talks in leaked EU summit draft

EU heads of states are expected to reiterate earlier commitments on climate action when they meet in Brussels later this week, despite growing calls from youths across Europe to step up the fight against global warming, according to a draft EU summit statement seen by EURACTIV.

DSM is setting an ambitious target to reduce indirect value chain emissions by 28% per ton of product produced by 2030

DSM emissions goals approved by Science Based Targets initiative

Science-based reduction targets for greenhouse gas (GHG) emissions have been put in place by global nutrition, health and sustainable living firm Royal DSM.

The UN has warned that arctic temperatures are likely to rise by 3-5C above pre-industrial levels, even if the Paris Agreement goals are met

Sharp rise in Arctic temperatures now inevitable, UN warns

Sharp and potentially devastating temperature rises of 3C to 5C in the Arctic are now inevitable even if the world succeeds in cutting greenhouse gas emissions in line with the Paris agreement, research has found.

EU leaders will meet in Romania on 9 May and are expected to put their cards on the table ahead of a landmark UN summit in September on climate change

Five EU countries call for 100% renewable energy by 2050

The European Union's 28 energy ministers had their first public debate on the European Commission's 2050 climate plan on Monday (4 March) but five member states derided the lack of a 100% renewable energy scenario among the EU executive's proposed options.

Only four businesses -  BT, Carlsberg, Tesco and Pukka Herbs – have set verified targets in line with a 1.5C pathway to date

Science Based Targets initiative unveils bid to help more businesses set 1.5C goals

The Science Based Targets initiative (SBTi) has unveiled new measures designed to help more businesses align their emissions targets with the Paris Agreement's most ambitious trajectory, in the wake of the Intergovernmental Panel on Climate Change's (IPCC) landmark report on climate change.

The call to action will be made to the EU Competitiveness Council in Brussels

Big-name businesses call on EU to set 'net-zero' emissions target for 2050

Unilever, Tesco and Heathrow Airport are among a coalition of 16 big-name corporates calling on the European Union (EU) to set a legally binding net-zero carbon emissions target for 2050, which would see the bloc achieve carbon neutrality within the next three decades.

EU nations will benefit from a 1.1% rise in average GDP, according to the report

How meeting the Paris Agreement will improve global economic growth

A new report has outlined that meeting the 2C target established as part of the Paris Agreement will improve global GDP and boost investment. Here, edie explores how nations can make this vision a reality.

Global energy-related emissions are set to peak by 2024 and fall by 20% by 2050

Global energy demand to decouple from economic growth by 2035, but not quick enough for a 2C world

Global energy demand will decouple from economic growth for the first time by 2035, due to zero-carbon energy sources accounting for more than half of the global power supply - a feat that still puts a 2C-pathway "out of reach".

A coalition of 300+ investors have been urging BP to bolster its decarbonisation efforts for more than a year

BP links employee bonuses with climate progress in Paris Agreement alignment drive

Following pressure from green investors, oil and gas giant BP has pledged to align its business with the aims of the Paris Agreement and has begun linking staff bonuses to its low-carbon progress.

Despite the ruling, Plan B is optimistic that the UK Government will set new climate targets in the near future

Calls for review of UK's 2050 climate target rejected by Court of Appeals

An appeal to bring forward the UK's current climate commitments to align with scientific research on the necessity to limit average global warming to 1.5C has been rejected by the Court of Appeals.

MEPs welcomed the Commission’s effort but warn that of the several scenarios on offer only the two net-zero emissions options are “compatible with the Union’s [Paris Agreement] commitment”

MEPs locked in dispute over EU's climate plan

European lawmakers are locked in a dispute over a landmark climate plan that is meant to drag the EU into compliance with the Paris Agreement, as parliamentary committees tussle over who should take the lead.

The call to action has been sent to Domino's, McDonald’s, Chipotle, Yum! Brands, Restaurant Brands International and Wendy’s

Investors press fast food giants to 'urgently' improve supply chain sustainability

A coalition of investment firms with more than $6.5trn in assets under management have called on six of the world's largest fast food companies to take more ambitious action to tackle the climate and water risks within their supply chains, as a "matter of urgency".

Twelve projects will be supported by £200m from the Global Challenges Research Fund

Ocean growth hub amongst projects backed by £279m Industrial Strategy investment

The UK Government has announced various new projects aimed at protecting the health of the oceans, developing the next generation of sustainable packaging and protecting Pacific Island nations from the threats of climate change.

edie takes a look at the key milestones in the Trump administration which have impacted on climate policy in the US in the first half of his presidency. Image: Gage Skidmore

President Trump's environmental agenda - the story so far

US Congress reconvened on Thursday (3 January) following the 2018 midterm elections which saw the Democratic Party win the majority in the House of Representatives. With new Speaker Nancy Pelosi promising to turn the screw on US climate change action, edie takes a look back at the first half of Trump's presidency and its impact on the US climate and environment agenda.

Coal-fired power plant in Patnow, Konin, Poland

EU forges deal on coal phase-out, with special Polish clause

European Union legislators reached agreement in the early hours of Wednesday (19 December) over a proposed reform of electricity market rules that includes a 2025 cut-off date for coal subsidies, and a special clause for Poland.

The rulebook aims to provide some homogeneity at the global level, assuming that all countries contribute to the fight against global warming. Photo: IRENA (Flickr)

Nations agree on Paris Agreement rulebook, fail on climate ambition

Three years and three days after the Paris Agreement was adopted, the 197 signatory countries gathered in Katowice, Poland, agreed Saturday (15 December) on a rulebook for its implementation but failed to raise their ambition to keep global warming "well below 2°C".

UK Energy Minister Claire Perry appeared at the summit today to discuss low-carbon power and carbon capture and storage (CCS)

COP24 Covered: Days 9-10 - net-zero industry clusters and 'Swiss cheese' strategies

edie has launched a new series of podcast episodes which will round-up all of the key developments and major announcements for businesses at COP24, in under 13 minutes. This fifth and final episode features an exclusive interview with the Cambridge Institute for Sustainability leadership.

We're covering all the big COP24 announcements in 13 minutes or less

COP24 Covered: Days 7-8 - Paris Agreement progress and green buildings

edie has launched a new series of podcast episodes which will round-up all of the key developments and major announcements for businesses, in under 13 minutes.

Investment firm Schroders said there could be $23tn of global economic losses a year in the long term without rapid action

Tackle climate or face financial crash, say world's biggest investors

Global investors managing $32tn issued a stark warning to governments at the UN climate summit on Monday, demanding urgent cuts in carbon emissions and the phasing out of all coal burning. Without these, the world faces a financial crash several times worse than the 2008 crisis, they said.

Merlin Entertainments operates more than 120 attractions worldwide, including 32 in the UK

Merlin Entertainments switches to 100% renewable electricity for UK attractions

Legoland, Sea Life and Madame Tussauds operator Merlin Entertainments is now sourcing 100% renewably-generated electricity across its UK attractions, after signing a supply deal with green power firm Ecotricity.

Developed nations are relying on gas and oil - rather than renewables - as the coal phase-out continues, the IEA has warned

IEA: Global carbon emissions set to rise in 2018, breaking five-year decline

The amount of carbon emitted by the world's most economically advanced nations is set to rise before the end of 2018, bucking a five-year decline in emissions, the International Energy Agency (IEA) has warned.

To mark COP24, edie is running a series of rapid-fire mini-podcasts detailing all the key announcements in 10 minutes or less

COP24 Covered: edie analyses climate talks with series of mini-podcasts

As hundreds of world leaders, policymakers and climate experts meet in Poland to discuss how best to address some of the world's most pressing climate challenges, edie has launched a new series of podcast episodes which will round-up all of the key developments and major announcements for businesses, in under 10 minutes.

The banks have committed to adopt a

Banking giants pledge to align investment portfolios with Paris Agreement

BBVA, BNP Paribas, Standard Chartered and Société Générale have pledged to measure the climate-related impacts of their lending portfolios and assist companies they invest in with aligning their respective sustainability strategies with the Paris Agreement goals.

Negotiators in Poland must produce a rulebook governing how action pledged under the Paris agreement was tracked and reported to ensure all nations play their part

'We are last generation that can stop climate change' - UN summit

The UN climate change summit begins on Monday with a warning that today's generation is the last that can prevent catastrophic global warming, as well as the first to be suffering its impacts.

European Parliament in Brussels

New EU plan comes out fighting for 'climate neutrality' by 2050

The European Commission has unveiled its much-anticipated plan for a "climate-neutral Europe" on Wednesday (28 November), in an effort to show EU countries how to stick to the goals of the Paris Agreement and endorse a shared long-term strategy.

The UN report warns that there is still a

UN: World must triple efforts or face catastrophic climate change

Countries are failing to take the action needed to stave off the worst effects of climate change, a UN report has found, and the commitments made in the 2015 Paris agreement will not be met unless governments introduce additional measures as a matter of urgency.

Berlaymont officials are due to give the strategy a final vetting this week

10 countries demand net-zero emission goal in new EU climate strategy

Ministers from ten EU countries have urged the European Commission to chart a "credible and detailed" path towards net-zero emissions in 2050, ahead of the launch of a landmark climate strategy next week.

The findings come ahead of the UN's COP24 conference, where delegates will develop a

Report: G20 nations off track to meet Paris Agreement goals, despite clean energy promises

Of the energy provided to G20 nations during the past 10 years, 82% was generated using coal, oil or gas - despite the bloc's promises to transition to clean power.

Global carbon emissions are expected to rise to a new record level in 2018

Global economic growth threatening climate change progress, report warns

The expansion in the global economy is undermining the world's efforts to achieve the objectives set out in the Paris Agreement, a new report from global consultancy Capgemini has warned.

Investors have outlined the regulatory, economic and reputational risks that companies could face if they lobby against climate change action

Top European firms warned over lobbying against stronger climate policy

A group of investors worth $2trn has urged 55 major European businesses to review their relationships with organisations with lobbying practices "inconsistent" with the goals of the Paris Agreement.

Governments will gather in Katowice, Poland for the COP24 climate change summit in Poland in December

Report: Few countries have emissions targets that match their Paris Agreement pledges

Most countries signed up to the Paris Agreement, including the UK, have failed to set domestic targets that are at least as ambitious as their pledged contributions, according to a damning new report.

Cement is one of the world's carbon-heavy industries, accounting for 6% of global CO2 emissions

World Cement Association aligns climate action strategy with 2C trajectory

Global non-profit World Cement Association (WCA) has released a climate action strategy targeting carbon emissions and waste management, in a drive to help the industry align with the Paris Agreement's goal of limiting the global temperature increase below 2C.

While renewables have been growing strongly, their growth isn’t large enough to reverse CO2 emissions trends, Birol said

'Bad news' and 'despair': Global carbon emissions to hit new record in 2018, IEA says

Global carbon emissions will rise to a new record level in 2018, making the chances of reaching a target to keep temperature increases to 1.5 or 2°C "weaker and weaker every year, every month," the head of the International Energy Agency (IEA) has said.

From left-right: Unilever’s Thomas Lingard, CDP's Jennie Gleed, Cambridge Institute for Sustainability Leadership's Sarah Millar, BT's Gabrielle Giner and WWF's Jaco Du Toit

Science Based Targets initiative to support businesses with 1.5C goals in wake of IPCC report

The Science Based Target initiative (SBTi) will place a renewed focus on assisting businesses in setting emissions reduction goals aligned with the 1.5C ambition of the Paris Agreement, a WWF official has revealed.

King also joined the growing list of experts and policy leaders calling of the UK Government to enshrine a net-zero carbon goal into law. Image: Foreign and Commonwealth Office

Sir David King: Urgent focus needed on climate 'restoration'

The UK Government's former chief scientific advisor Sir David King has called for a $150 carbon price to be implemented globally and for the UK Government to focus on a net-zero emissions policy for 2045 to start to "repair and restore" the climate.

The report once again highlights the urgent need for bold climate actions from business and policymakers

IPCC 1.5C report: How can business drive the creation of a carbon-neutral world?

The UN's Intergovernmental Panel on Climate Change (IPCC) is celebrating its 30th birthday this year, and has done so by releasing a landmark report that acknowledges the severity of the challenge at hand. But how can business stop being part of the problem, and co-create the necessary solutions?

The letter states:

Business leaders call on EU to set net-zero emissions strategy

A group of business and civil society leaders, including Paul Polman, Christiana Figueres, Sir Richard Branson and Arianna Huffington, has called on the European Union (EU) to increase climate actions and "ensure targets are aligned with a just transition to net-zero emissions" by 2050.

Cheshire explained that greenhush and greenwashing could both harm business reputations. Tucker Images

No more 'Greenhush': Sir Ian Cheshire urges business to get vocal on sustainability

The chairman of Barclays UK and Debenhams had suggested that the business community has a "moral imperative" to deliver and communicate real change that brings in new business models to alleviate key climate concerns.

Since 2000, the UK has reduced emissions by 29% while growing the economy by 34%

Report: UK leading G20 in low-carbon transition

The UK is leading the rest of the G20 nations in transitioning towards a low-carbon future by decoupling emissions from economic growth, although global decarbonisation rates aren't currently strong enough to meet the ambitions of the Paris Agreement.

The world has already warmed by around 1C over the past century

World 'nowhere near on track' to avoid warming beyond 1.5C target

The world's governments are "nowhere near on track" to meet their commitment to avoid global warming of more than 1.5C above the pre-industrial period, according to an author of a key UN report that will outline the dangers of breaching this limit.

The Carbon Neutrality Coalition came out of the One Planet Summit in December 2017

UK commits to Carbon Neutrality Coalition to deliver net-zero emissions

Prime Minister Theresa May has confirmed that the UK will be joining 18 other countries that have committed to reaching net-zero emissions by 2050 at the earliest, while also setting aside £160m to help developing nations transition to cleaner energy systems.

The European Commission has proposed a 30% cut in vehicle emissions by 2030, although MEPs are pushing to raise that figure to 45%

EU must end new petrol and diesel car sales by 2030 to meet climate targets - report

New petrol and diesel car sales in Europe must be phased out before 2030 if the auto sector is to play its part in holding global warming to the Paris agreement's 1.5C goal, a new analysis has found.

Non-state actors made a number of pledges and a call to action at the San Francisco summit. Image: Global Climate Action Summit

Global Climate Action Summit: Lack of government climate ambition balanced by non-state action

San Francisco's Global Climate Action Summit ended on 14 September with non-state actors sending a call to action to governments ahead of the crucial COP24 in December, while highlighting their pivotal role in reducing emissions and reaching climate targets.

The bank will track the technology shift needed to decarbonise the world's most carbon-heavy sectors in line with the Paris Agreement goals

ING to align £450bn investment portfolio with Paris Agreement goals

ING has revealed that it will work with the companies covered by its £456m ($600bn) green investment portfolio to help align their respective sustainability strategies with the aims of the Paris Agreement.

Bacardi, Molson Coors, L'Oreal and Kraft Heinz are among the 480 corporations aiming for science-based targets

Science-based targets driving corporate climate commitments to new heights

More than 130 corporates have committed to set science-based emissions reduction targets in line with the 2C trajectory outlined in the Paris Agreement this year, covering one-eighth of total market capitalisation.

The report states that the commitments are

Emissions commitments from business and authorities 'insufficient’ to meet Paris goals

Even if the 2,175 companies and 8,419 cities, states and regions to have made emission-cutting commitments achieve their pledges in full, the result will not be sufficient to realise a 2C trajectory in line with the Paris Agreement.

The current carbon price in the EU is €18.28 - up more than threefold since May 2017

Report: EU carbon prices could hit €40 over next five years

European Union (EU) carbon prices could more than double to €40 per tonne between 2019 and 2023, spurring the transition away from coal power across the bloc.

Ball Corporation will work with suppliers and move to purchase more renewable power to achieve the targets

Ball Corporation commits to science-based targets tackling supply chain emissions

Global packaging firm Ball Corporation has set new science-based targets within the company's direct operations and across its supply chain to reduce its emissions intensity by 58% by 2030.

edie has listed four key areas of focus to help “move the date”

Earth Overshoot Day: How businesses can 'move the date' to create a sustainable future

Today (1 August) marks Earth Overshoot Day, the date when humanity consumes more from nature than the planet can renew in a year. The urgent need to "move to the date" back is clear and edie explains how businesses can help by reinvigorating approaches to corporate sustainability.

The likes of Green Party's Caroline Lucas, Lib Dem leader Vince Cable, Ed Davey and the Environmental Audit Committee’s chair Mary Creagh have backed the letter

More than 100 MPs back calls for net-zero emissions target

More than 100 MPs have now signed a letter calling on Prime Minister Theresa May to establish a net-zero emissions target for 2050.