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The Science of Climate Change

Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.

Tackling the Plastic Crisis

Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.

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The Scale of the Net Zero Challenge

The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.

ESG, Sustainability and Impact Jargon Buster

ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.

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The Science of Climate Change

Climate change is no longer a distant threat or just a possibility, it is now a reality for all of us. In this pathway, Kevin Trenberth, a renowned climatologist, delves into the science behind climate change. He first introduces the climate system, its main components and forces.

Tackling the Plastic Crisis

Plastic pollution is by far the biggest threat to our oceans and this remains an incredibly tough problem to solve. Plastic credits could potentially serve as one of the much needed solutions for this crisis.

More pathways

Ready to get started?

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Sustainability Unlocked to your current platform

Featured Content

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The Scale of the Net Zero Challenge

The price of meeting net zero is estimated to be between $100-150 trillion over the next 30 years. Regardless of this cost, we need to reach net zero before climate change does irreversible damage to the environment and the economy.

ESG, Sustainability and Impact Jargon Buster

ESG, sustainability, impact… they all just mean green, right? Not quite. Despite being used often interchangeably, there are distinct differences between these terms.

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Mobilising the Finance Sector to Net Zero

Mobilising the Finance Sector to Net Zero

Mark Carney

UN Special Envoy on Climate Action and Finance

To reach the $100-150tn required to meet net zero, significant commitments will need to be made over the coming years. New initiatives are starting up to encourage this investment such as GFANZ. This video outlines the commitments to reach net zero and further highlights how we can get the money where it is needed.

To reach the $100-150tn required to meet net zero, significant commitments will need to be made over the coming years. New initiatives are starting up to encourage this investment such as GFANZ. This video outlines the commitments to reach net zero and further highlights how we can get the money where it is needed.

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Mobilising the Finance Sector to Net Zero

7 mins 13 secs

Key learning objectives:

  • Outline the commitments to reach net zero

  • Discuss how we can get the money where it is needed

Overview:

The $100-150tn required to meet net zero will require an overhaul of the financial system. Significant commitments will need to be made over the coming years from every country. New initiatives, such as GFANZ, are starting to encourage this investment. However, even if we have all of the money required, we still need to get it to where it is needed the most, Emerging and Developing Economies. This can only be done with a radical change to the international financial architecture.

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Summary

What are the commitments towards climate change?

The Glasgow Financial Alliance for Net Zero (GFANZ) has the aim of bringing together existing and new net zero financial initiatives in one sector-wide coalition. At the start of 2020 their members had just $5 trillion worth of assets, now their members include assets of over $150 trillion. 

GFANZ is the gold standard for climate commitments, ensuring that any pledges are in line with the science on climate change and anchored in the UN’s Race to Zero. 

Commitments firms make when joining GFANZ include managing investment, lending, insurance underwriting and financial services to net zero by 5050. They will set interim targets of the 50% reductions in emissions by 2030 and outline 5-year decarbonisation plans. 

How do we get the money where it is needed?

Whilst financial commitments have nearly reached the level they need to be, however, it isn’t targetted where it is needed the most, Emerging and Developing Economies. 

  • Scale-up blended finance
  • Create country COP platforms.
  • Build a new market for carbon credits 

Scaling up blended finance: 

At present, this type of lending has only catalysed modest mobilisation with only $8bn directly mobilised in 2019, just 11% of total climate finance from advanced to developing economies. These orders of magnitude must change. Multilateral Development banks should identify and be prepared to dramatically scale up blended finance vehicles, instruments and facilities.

Create country COP platforms: 

There have been private sector initiatives that have focused on bringing private investors together with investable projects and developing the right enabling environments in EMDEs. We now have an opportunity to combine these efforts and link them to NDC commitments to supercharge climate flows. 

Build a new market for carbon credits: 

On their path to net zero companies should compensate for the emissions they have, through nature-based solutions and breakthrough technologies. 

The market for carbon offsets is fragmented, of uneven quality and worth about $1bn per year, this market could quickly grow to over $100bn per year and facilitate major cross border capital flows. 

 

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Mark Carney

Mark Carney

Mark Carney started his career at Goldman Sachs working in their offices across three continents. Following a decade-long career at Goldman Sachs, Mark was appointed Deputy Governor of the Bank of Canada in 2003. In 2004 he became Senior Associate Deputy Minister of Finance, a role he held until he was made governor of the Bank of Canada in 2008. In 2013 Mr Carney accepted the role of governor of the Bank of England, a position he held until 2020. In 2019 he was appointed as UN Special Envoy on Climate Action and Finance by UN Secretary-General António Guterres.

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