Scope 3 emissions, those outside an organization’s direct control, are proving the most stubborn to reduce. Key to success is more companies working with their suppliers to adopt science-based targets throughout the whole value chain
Category: Business
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Massive investment is needed in infrastructure to achieve the transition to clean energy and create resilience against the impacts of global warming. The scale of investment – as much as $9 trillion per year – exceeds the capabilities of public finance and will rely on aligning private sector financing. Green or climate bonds seem an obvious instrument for the task – are they the killer solution?
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As the pace of societal change accelerates, many jobs considered essential today will become obsolete tomorrow. Creating resilience and adaptability, particularly among the world’s most vulnerable workers, is essential and requires a global, whole-of-society policy effort and investment
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Tax that supports sustainable development
Sub-Saharan Africa
For most countries, public finance, raised through tax, should be the primary source of investment in the SDGs. How can developing countries increase their tax receipts, fairly and efficiently?
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Progress on implementing the Sustainable Development Goals (SDGs) has been significant but uneven. If we want to accelerate delivery, we need to apply the lessons learned from climate finance
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With just seven years to go, the SDGs remain severely underfunded, as cash-strapped governments worldwide struggle to resource them. Generating more private-sector investment that seizes the huge business potential of the Goals is therefore critical
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To transform our world, the SDGs must also transform business. With just seven years left to the deadline, we must explore bold, new ways to encourage companies to genuinely engage with the goals and embed sustainable, climate-friendly practices for the long term
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International trade can play a vital role in tackling climate change and achieving sustainable development. But it calls on governments to set aside national interests and open up access to environmental goods, services, and technologies for all countries
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Rethinking consumption
Global
We cannot hope to tackle the climate crisis without a fundamental shift in how, what, and why we consume
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Private markets function on data – but the data to accurately price climate risks in investment decisions is sorely lacking. We must urgently fill this information void or private finance will fail to contribute to climate action
