Global warming is leading to ever more extreme natural events and more damage. Countries in the Global South are demanding compensation for climate change they say wealthier nations, like Germany, caused. Eric Njuguna is angry. The 20-year-old environmental activist is witnessing the devastating changes a warming planet is bringing to Kenya. People are losing their […]
Climate Change
Imperatives for leaders at COP27 – EQ Mag Pro
Helsinki Partner Anna Granskog discusses what leaders can do to make the most of this year’s climate summit. McKinsey: What will be the biggest imperatives for leaders coming out of COP27? Anna Granskog: I see one imperative in particular for leaders at COP27, and that’s to stop treating sustainability, resilience, economic growth and the well-being […]
Countries agree to COP27 Agenda Item on Funding for Loss and Damage – EQ Mag Pro
SHARM EL-SHEIKH – Countries just agreed to an agenda for COP27 on the first day of the negotiations. Critically, the agenda includes an item on providing financing to address loss and damage. This was a crucial prerequisite for making progress on addressing loss and damage, which will be the most consequential negotiation topic at the […]
Climate protests criticized; but Germany missing 2030 goal – EQ Mag Pro
German officials are urging environmental activists to engage in “constructive” protests and avoid endangering lives BERLIN : German officials urged environmental activists to engage in “constructive” protests and avoid endangering lives Friday as government-appointed experts warned that the key European Union country risks missing its climate targets for 2030. A heated debate has broken out […]
WTO to champion importance of trade in climate action toolkit at COP27 climate summit – EQ Mag Pro
The WTO is set to play an active role at the UN’s COP27 Climate Change Conference taking place in Sharm El-Sheikh, Egypt, from 6 to 18 November. A detailed agenda for the WTO’s participation and WTO resources on trade and climate change can be viewed on the new COP27 portal on the WTO website. The […]
World is heading for 2.4°C to 2.8°C warming: State of the climate ahead of Cop27 – EQ Mag Pro
In the two weeks ahead of the Cop27 summit in Egypt, every group of climate wonks has a report out on the state of the play. Overwhelmed? We’ve got you covered. This year as every year, they show that climate action is off the pace. But don’t switch off. The trends are worth a closer […]
COP27’s Success Hinges on Loss and Damage Finance Discussions – EQ Mag Pro
Since the monsoon season started in June, the worst floods in Pakistan’s history have killed 1,700 people and left more than 33 million homeless. One-third of the entire country was under water at one point, decimating its crops, destroying clean water sources and infrastructure, and causing $40 billion in damages. The destruction is projected to […]
Climate Plans Remain Insufficient: More Ambitious Action Needed Now – EQ Mag Pro
A new report from UN Climate Change shows countries are bending the curve of global greenhouse gas emissions downward but underlines that these efforts remain insufficient to limit global temperature rise to 1.5 degrees Celsius by the end of the century. According to the report, the combined climate pledges of 193 Parties under the Paris […]
3 Essentials for Integrated Urban Climate Action – EQ Mag Pro
Cities have never been more engaged on climate action. At the 2021 UN Climate Change Conference (COP26), more than 1,100 cities representing a quarter of global CO2 emissions signed up to the Cities Race to Zero. In doing so, they committed to ambitious, inclusive and equitable climate action to hold global temperature increase to 1.5 […]
Identifying opportunities and starting to build a new green business in the industrial sector – EQ Mag Pro
As climate change intensifies, industrial companies will need a new approach for developing sustainable products and services. The industrial sector—including automotive, machinery, and semiconductors—has never hesitated to explore new businesses. It has already produced some of the world’s most advanced technological innovations, such as leading-edge electronics and state-of-the-art transport systems. Now, it is deeply enmeshed […]