COP21

COP28 President calls for unprecedented action from every government, business and industry to deliver the UAE Consensus during IEA event in Paris

Retrieved on: 
Tuesday, February 20, 2024

Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.

Key Points: 
  • Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.
  • It will lock in continuity, maintain momentum, and help anchor implementation of the historic UAE Consensus", Dr. Al Jaber said.
  • The COP Presidencies Troika (the Troika) was a key achievement of the COP28 Presidency and mandated in the UAE Consensus.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through The UAE Consensus.

COP28 President calls for unprecedented action from every government, business and industry to deliver the UAE Consensus during IEA event in Paris

Retrieved on: 
Tuesday, February 20, 2024

Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.

Key Points: 
  • Speaking at the Paris Headquarters of the International Energy Agency (IEA), COP28 President Dr. Sultan Al Jaber highlighted the historic significance of the UAE Consensus.
  • The COP28 President said that "All Parties who signed the UAE Consensus must work on enhancing their Nationally Determined Contributions ahead of the next cycle in 2025.
  • It will lock in continuity, maintain momentum, and help anchor implementation of the historic UAE Consensus", Dr. Al Jaber said.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through The UAE Consensus.

Eisai to Boost Initiatives on Greenhouse Gas Reduction, Aiming to Achieve Net Zero by 2050

Retrieved on: 
Wednesday, February 21, 2024

TOKYO, Feb 21, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has received approval to participate in the Japan Climate Initiative (JCI) Race to Zero Circle, which commits to achieve net zero* by 2050, as part of its mid- and long-term initiatives to reduce greenhouse gas (GHG) emissions.

Key Points: 
  • TOKYO, Feb 21, 2024 - (JCN Newswire) - Eisai Co., Ltd. announced today that it has received approval to participate in the Japan Climate Initiative (JCI) Race to Zero Circle, which commits to achieve net zero* by 2050, as part of its mid- and long-term initiatives to reduce greenhouse gas (GHG) emissions.
  • Eisai also received approval for the SBT 1.5degC target, a new GHG reduction target, by "Science Based Targets (SBT) initiatives", as outlined below.
  • In order to achieve Net Zero by 2050, Eisai continues to strengthen its GHG reduction initiatives though the JCI Race to Zero Circle and the newly approved SBT 1.5degC target, as well as our continued commitment to the global initiative RE100.
  • Neutralizing any residual emissions at the net-zero target year and any GHG emissions released into the atmosphere thereafter.

Landmark UAE Consensus becomes defining framework for all countries to keep 1.5°C within reach and ensure global implementation

Retrieved on: 
Wednesday, February 14, 2024

It gives clear direction to all countries on how to keep 1.5°C within reach, transforms agreements into tangible outcomes, and ensures global implementation by delivering a set of world firsts.

Key Points: 
  • It gives clear direction to all countries on how to keep 1.5°C within reach, transforms agreements into tangible outcomes, and ensures global implementation by delivering a set of world firsts.
  • The UAE Consensus reaffirms the UAE's position as a global leader in multilateral climate and development settings.
  • The UAE Consensus also proved that multilateralism can still work, even at a time of high geopolitical tension.
  • "If this agreement is to get traction, we need serious action," Dr. Al Jaber said, "Now the hard work begins."

ALTÉRRA investment vehicle aims to mobilize US$250 billion by 2030 and be fund of choice for climate transition, CEO tells World Governments Summit

Retrieved on: 
Wednesday, February 14, 2024

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.

Key Points: 
  • "ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.
  • The second arm, the US$5 billion ALTÉRRA TRANSFORMATION, is designed to provide risk mitigation capital to incentivize investment flows into the Global South.
  • ALTÉRRA has a dedicated investment focus on four pillars that underpin the priorities of the COP28 Action Agenda: the energy transition, industrial decarbonization, sustainable living and climate technologies.
  • "The UAE has committed US$30 billion to ALTÉRRA, making it the world's largest private investment vehicle for climate change action, and the fund aims to mobilize US$250 billion globally by 2030," HE Ambassador Majid Al Suwaidi, COP28 Director-General and ALTÉRRA CEO, said in a panel session.

ALTÉRRA investment vehicle aims to mobilize US$250 billion by 2030 and be fund of choice for climate transition, CEO tells World Governments Summit

Retrieved on: 
Wednesday, February 14, 2024

"ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.

Key Points: 
  • "ALTÉRRA's structure, scale and scope set it apart from other investment vehicles and will help it become the go-to fund for the climate transition," he added.
  • The second arm, the US$5 billion ALTÉRRA TRANSFORMATION, is designed to provide risk mitigation capital to incentivize investment flows into the Global South.
  • ALTÉRRA has a dedicated investment focus on four pillars that underpin the priorities of the COP28 Action Agenda: the energy transition, industrial decarbonization, sustainable living and climate technologies.
  • "The UAE has committed US$30 billion to ALTÉRRA, making it the world's largest private investment vehicle for climate change action, and the fund aims to mobilize US$250 billion globally by 2030," HE Ambassador Majid Al Suwaidi, COP28 Director-General and ALTÉRRA CEO, said in a panel session.

COP28 launches 'The COP Presidencies Troika' in partnership with the COP29 and COP30 Presidencies--a groundbreaking initiative to support 'Mission 1.5°C' by maintaining momentum, locking in continuity, and anchoring implementation

Retrieved on: 
Tuesday, February 13, 2024

COP28 President Dr. Sultan Al Jaber said: "The Troika represents critical and unprecedented collaboration to maintain momentum, lock in continuity and anchor implementation."

Key Points: 
  • COP28 President Dr. Sultan Al Jaber said: "The Troika represents critical and unprecedented collaboration to maintain momentum, lock in continuity and anchor implementation."
  • Representatives of the three COP Presidencies met at Expo City Dubai, to launch the COP Presidencies Troika.
  • COP28 President Dr. Sultan Al Jaber said: "At COP28, Parties mobilized behind historic climate action through both the negotiations and their commitments to the Presidential Action Agenda.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through the UAE Consensus.

COP28 launches 'The COP Presidencies Troika' in partnership with the COP29 and COP30 Presidencies--a groundbreaking initiative to support 'Mission 1.5°C' by maintaining momentum, locking in continuity, and anchoring implementation

Retrieved on: 
Tuesday, February 13, 2024

COP28 President Dr. Sultan Al Jaber said: "The Troika represents critical and unprecedented collaboration to maintain momentum, lock in continuity and anchor implementation."

Key Points: 
  • COP28 President Dr. Sultan Al Jaber said: "The Troika represents critical and unprecedented collaboration to maintain momentum, lock in continuity and anchor implementation."
  • Representatives of the three COP Presidencies met at Expo City Dubai, to launch the COP Presidencies Troika.
  • COP28 President Dr. Sultan Al Jaber said: "At COP28, Parties mobilized behind historic climate action through both the negotiations and their commitments to the Presidential Action Agenda.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through the UAE Consensus.

Landmark UAE Consensus becomes defining framework for all countries to keep 1.5°C within reach and ensure global implementation

Retrieved on: 
Monday, February 12, 2024

The UAE Consensus also successfully operationalized and began financing a fund to address Loss and Damage for the first time.

Key Points: 
  • The UAE Consensus also successfully operationalized and began financing a fund to address Loss and Damage for the first time.
  • The UAE Consensus reaffirms the UAE's position as a global leader in multilateral climate and development settings.
  • The UAE Consensus also proved that multilateralism can still work, even at a time of high geopolitical tension.
  • An important opportunity lies in working multilaterally on commitments to deliver high-ambition decisions at COP28, including through the UAE Consensus.

Jodi Manning Appointed as CEO of Cool Effect

Retrieved on: 
Thursday, January 18, 2024

Cool Effect , a Bay Area-based nonprofit dedicated to supporting carbon projects around the globe, is announcing today that long-time executive Jodi Manning has been promoted to Chief Executive Officer (CEO), effective immediately.

Key Points: 
  • Cool Effect , a Bay Area-based nonprofit dedicated to supporting carbon projects around the globe, is announcing today that long-time executive Jodi Manning has been promoted to Chief Executive Officer (CEO), effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240118254329/en/
    Long-time executive Jodi Manning has been promoted to Chief Executive Officer (CEO) of Cool Effect, a Bay Area-based nonprofit dedicated to supporting carbon projects around the globe.
  • Most recently, Jodi served as VP, Marketing and Corporate Partnerships for Cool Effect.
  • As we face the urgent need for environmental action, high quality carbon projects are simultaneously helping the planet and creating good on the ground in the places that need it most,” said Jodi Manning, newly appointed CEO of Cool Effect.