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The summit will run until 13 December, with edie bringing you all the latest news and views from Madrid on a regular basis 

Greta's arrival and carbon offsetting clashes: What happened on days 2 & 3 of COP25?

COP25 - the UN's annual two-week-long climate summit - is now well underway in Madrid. Here, edie rounds up all the key news and views from the second and third days of the event.

The summit will run until 13 December, with edie bringing you all the latest news and views from Madrid on a regular basis 

Carbon pricing and 'the climate point of no return': What's happened at COP25 so far?

Monday (2 December) marked the start of COP25 - the UN's annual two-week-long climate summit - in Madrid. Here, edie rounds up all the key news and views from the first day of the event.

The report notes that decarbonisation through coal phase-outs can only be banked once

Report: annual 10% decarbonisation rate needed to meet UK's net-zero target

The UK will have to deliver annual carbon intensity reductions of 10% to meet its net-zero legislation for 2050, up from less than 4% currently, according to a new study from professional services firm PwC.

Madrid has been confirmed as the new COP host

COP25: Madrid confirmed as new hosts of climate summit

UPDATED: The UN has confirmed that Madrid will host the COP25 climate summit, after Chile cancelled their option to host the event in early December following weeks of violent protests based on civil unrest.

Scary sustainability stories to tell in the dark (or at the end of the world)

Forget remakes of The Grudge, the only horror stories you need this Halloween are right outside your window. If the world is dying, we're all playing the role of murderer, but its not too late to create an army of saviours.

Registration is now open for the forum, which takes place 4 -5 February 

Igniting a decade of business transformation: Sustainability Leaders Forum 2020 line-up revealed

Experts, disruptors and innovators from companies including Unilever, LEGO and Firmenich have been confirmed for the star-studded line up of edie's Sustainability Leaders Forum - the UK's only dedicated sustainability event that combines strategic insight with practical outputs for business.

One year on: How the IPCC report has redefined sustainable business leadership

One year ago today (8 October), the Intergovernmental Panel on Climate Change (IPCC) published what it described as its "landmark" report on global heating. While the pressure the paper's findings would place on governments was obvious from day one, the study's impact on business has been continually evolving - as explored by edie reporter Sarah George.

Fairytales, Thunberg and why business as usual is very worried about climate activism

Greta Thunberg's provoking speech on the pursuit of an economic "fairytale" at the expense of the planet has sparked inspiration, admiration and irritation across the globe. But the fact that she has so many detractors means that change is coming.

Collectively, the participating banks manage $47trn in assets. Image: Paulm27/ Wikimedia Commons

Banks representing one-third of global market to align with Paris climate targets

A coalition of 130 banks, representing one-third of the worldwide banking sector, have committed to aligning their actions with the aims of the Paris Agreement.

Wellington city and harbour from Mount Victoria

Net-zero cities can unlock $24tn opportunity, report finds

Investment into readily available technologies could reduce emissions from cities by 90% by 2050, while creating a global economic benefit worth almost $24trn (£19trn), a new report has claimed.

In 2018, renewable energy growth reached 7.2%, its highest since 2010, but still accounts for less than 12% of the energy system

Global decarbonisation efforts 'stall', pushing climate goals out of reach

Global decarbonisation efforts will need to be seven times greater than current efforts, if the world is to stand a fair chance of limiting global warming to 1.5C, according to a new PwC report which found that the rate of global decarbonisation has slowed to its lowest level since 2011.

More than 70,000 children and young adults, across 270 towns and cities globally, have been regularly taking part in climate strikes 

Ben & Jerry's, Patagonia, Lush and Seventh Generation to take part in global climate strikes

Major US firms Ben & Jerry's, Patagonia, Lush Cosmetics and personal care firm Seventh Generation have agreed to close stores on 20 September to join the worldwide day of climate strikes.

Coal Power Station, North Rhine-Westphalia, Germany

'Adaptation alone will not be enough': Climate change to shrink global GDP by 7% by 2100

A "business-as-usual" approach to climate mitigation and carbon emissions will see 7% of global GDP disappear by 2100, with the UK down's economy down 4%, according to a new report predicting that all nations will be hit by climate change impacts.

Iceland was criticised by Feedback for failing to stock any meat sourced through sustainable certification schemes

UK supermarkets accused of over-producing low-quality meat

Anti-hunger charity Feedback is calling for big-name UK supermarkets such as Iceland, Lidl and Asda to offer "less and better" meat, in order to minimise their climate impacts.

Humans use around 72% of the world’s ice-free land surface, the IPCC concluded 

IPCC: Shift in land use crucial to avert climate emergency

The systemic ways in which global businesses are using land is a "major contributor" to climate change and must be radically transformed if the aims of the Paris Agreement to be met.

Shalit (pictured) turned pages of data into one poster and then an online database. Image: ClimateView

Swedish lessons: Can data management enable the UK to deliver a net-zero economy?

The UK's net-zero climate target has been widely welcomed, but is currently lacking some actual points of delivery. Fortunately, Sweden's own net-zero target can teach politicians some interesting lessons, including how big data and digitisation can mobilise action plans.

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.

Dr Lee noted the need for more robust carbon pricing. Image: IPCC

IPCC chair: Global transition to net-zero 'not a burden' to the economy

The chair of the Intergovernmental Panel on Climate Change (IPCC), Dr Hoesung Lee, has dismissed fears from investors and nations that reaching net-zero emissions will place too much strain on the global economy.

Aerial view of Bonn

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

Climate negotiations ended in Bonn, Germany, Thursday (27 June), with Saudi Arabia questioning the scientific value of the UN's 1.5 °C global warming report. No agreement has been reached on the carbon mechanisms enshrined in Article 6 of the Paris Agreement.

SDG 7: How business is acting as a market shift for renewable energy

Despite the devastating evidence of the IPCC report last year on the impact of 1.5°C of global warming, the findings have not sparked a downward trend in global carbon emissions. The news just hasn't been met with appropriate levels of urgency and immediate action from national governments.

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.

TCFD uses scenario analysis to map company performance against various global warming trajectories

Can TCFD recommendations communicate a business response to the 'climate emergency'?

Against a backdrop of Extinction Rebellion protests and declarations of a "climate emergency", businesses will need to articulate their role in combatting climate change. Could the Task Force on Climate-related Financial Disclosures' (TCFD) recommendations create the ideal framework to do so?

A motion was passed by the House of Commons yesterday to declare a climate change emergency

What is a 'climate emergency'?

The UK has declared a climate emergency for the national government in Westminster and devolved administrations of Scotland and Wales. But what does it mean?

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).

The climate emergency was declared just hours before the Committee on Climate Change called on the Government to set a target to reduce greenhouse gas emissions to 'net-zero' levels by 2050

UK Parliament becomes first in the world to pass motion declaring a 'climate emergency'

In a hugely symbolic move, the House of Commons had declared a climate emergency, admitting the need for a cross-party approach that would enable the UK to set a world-leading standard on climate action.

Lucas has already tabled a Decarbonisation and Economic Strategy Bill, which aims to place duties on the government to “decarbonise the economy and to eradicate inequality”

Miliband, Lucas and Sandys launch cross-party coalition championing Green New Deal

Former Labour party leader Ed Miliband, the Green Party's Caroline Lucas and former Conservative MP Laura Sandys have today (30 April) launched a cross-party Environmental Justice Commission aimed at ushering in a UK Green New Deal.

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.

'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.

Business can’t wait for government intervention to tackle climate change

Extinction Rebellion are staging a 2-week global protest. Their aim? To disrupt major cities and call attention to the ongoing destruction of nature in an unfair society. They are arguing that only by overthrowing capitalism will we achieve a regenerative, zero-carbon economy.

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.

TNC has already secured more than $23m of the $40m required to unlock the $1.6bn for conservation

The Nature Conservancy launches £30m Blue Bonds scheme for marine protection

International environmental non-profit, The Nature Conservancy (TNC), has set a new ambition to unlock up to $1.6bn in the restoration and conservation of marine environments, through a $40m (£30m) "Blue Bonds for Ocean Conservation".

Local and regional governments have the answer for the climate change conundrum

How do we meet the goals of the Paris Agreement on climate change? That is the burning question on the minds of countless individuals, and the answers may well reside in our local and regional governments.

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.

The new kids on the climate block

If the climate-based protests from school children over the last week are anything to go by, the future of our world is in safe and caring hands. What kind of world we leave them will be dependent on the actions of the next generation of sustainability leaders.

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.

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.

Reflections from COP24

It's was an interesting week at what was perhaps the most important UN conference since the Paris 2015 deal.

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".

10 lessons from 10 years of sustainability

After a decade of leading the sustainability agenda at Capgemini, Dr James Robey shares his top 10 lessons learnt.

10 years on from the Climate Change Act, how far have we come?

The first line of the Climate Change Act passed in 2008 reads "it is the duty of the Secretary of State to ensure that the net UK carbon account for the year 2050 is at least 80% lower than the baseline".

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 business leaders note that the UK has acted as a leader on climate change since the publication of the Climate Change Act

Interface, Unilever and Coca-Cola among business leaders calling for UK net-zero emissions target

The chief executives of major UK-based companies including Interface, Coca-Cola European Partners and Unilever have called for Prime Minister Theresa May to set legally binding targets that ensure the UK reaches net-zero emissions by 2050 at the latest.

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.

Plan B responded by calling for an “urgent clarification” on whether the CCC would be permitted to recommend changes to the agreed carbon budgets

Net zero emissions review may prompt changes to existing carbon budgets

Claire Perry has confirmed that the already agreed carbon budgets may be amended in response to the Committee on Climate Change's (CCC) net zero emissions review.

From Green GB Week to baffling Budgets: There's still much to be done on sustainability

A lot can change in a fortnight. The UK's first Green GB Week highlighted the benefits of clean growth on an unprecedented level. But after this year's budget proved to be a mixed bag for the green economy, inspiration needs to convert into ongoing action if we are to bring about meaningful change.

Why sustainable business isn’t enough

This month, Europe's leading sustainability professionals gathered in London. As I listened to them speak, a question burned on my mind. What happens if we succeed by the sustainability standards we've set ourselves? We report accurately, we meet corporate carbon targets and we stop using modern slaves?

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.

Going beyond science-based targets

Dr. James Robey, global head of environmental sustainability at Capgemini, explores the importance of setting bold targets and how Capgemini UK is going beyond science-based targets to become carbon positive.

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 technology company has reduced emissions by more than 80% since 1996

BT pledges to become a net-zero-carbon business by 2045

As the UK Government announces plans to discuss a potential net-zero emissions strategy, technology giant BT has pledged to become a net-zero-carbon business by 2045.

The IPCC makes clear that climate change is already happening, upgraded its risk warning from previous reports, and warned that every fraction of additional warming would worsen the impact

Huge risk if global warming exceeds 1.5C, warns landmark UN report

The world's leading climate scientists have warned there is only a dozen years for global warming to be kept to a maximum of 1.5C, beyond which even half a degree will significantly worsen the risks of drought, floods, extreme heat and poverty for hundreds of millions of people.

Sea levels could rise by 40cm if global warming increases to 1.5C

From London to Shanghai, world's sinking cities face devastating floods

London, Jakarta, Shanghai and Houston and other global cities that are already sinking will become increasingly vulnerable to storms and flooding as a result of global warming, campaigners have warned ahead of a landmark new report on climate science.

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 document has been issued in the build up to the UN Climate Summit set to take place in September 2019 in New York to review the Paris Agreement commitments

UK among nations to pledge stronger climate ambition

The UK has joined 22 other countries in signing a pledge to explore the potential to step up their climate commitments before 2020 and calling for other nations to do the same.

It’s getting hot in here: how to create warmth without burning fossil fuels

As the UK continues to battle its way to an 80% reduction of its carbon emissions by 2050, a sinking feeling has begun to set in for those who are aware of and involved with decarbonising the UK. Our current infrastructure and policies do not provide the right basis required to transition to a low-carbon economy at speed.

An IPCC meeting in Guadalajara, Mexico, earlier this year. The University of Surrey has been working to empower the organisation to work closer with climate practitioners. Photo: IPCC/Facebook

IPCC must address ‘language barrier’ between climate science and sustainability

EXCLUSIVE: The fight against climate change is being hindered by a gap in culture and language between the science and sustainability communities, which is leading to a disengagement over climate action, a leading academic on the subject has told edie.

Science based targets: a journey of discovery

Setting targets for action on climate change has been both best practice and a dark art for some years. Businesses, with light pressure from NGOs and investors, have acknowledged for some time that targets need to be stretching and industry needs to take a leading role, but the question has remained - how do we know if, collectively, we are trying hard enough?


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