UN-backed report finds no G7-based stock exchange indices align with Paris climate goals

New York: New research co-authored by the UN Global Compact revealed on Thursday that none of the G7 leading industrial nations’ main stock indices are aligned with global emissions targets set out in the Paris Agreement, thwarting efforts to avoid the worst impacts of climate change.

Paris goals still ‘long way off’, says President of UN climate conference

New York: The world is “a long way off” from meeting the goals of the landmark Paris Agreement on Climate Change, the President of the crucial upcoming UN climate conference, COP26, said on Thursday.

WEF: Greenpeace challenges banks over $1.4 trillion invested in fossil fuels since Paris Agreement

Davos-Klosters/IBNS: Since the groundbreaking Paris summit on climate change in 2015, 24 global banks have invested $1.4 trillion in the fossil fuel industry, according to Jennifer Morgan, Executive Director of Greenpeace International. Greenpeace’s report, It’s the Finance Sector, Stupid, published today, puts the blame for the climate emergency at the feet of the banks, insurers and pension funds that participate in Davos.

Paris Climate Agreement comes into force today

New Delhi, Nov 4 (IBNS): The “Paris Climate Agreement”, comes into force on Friday.