Tag: sustainability
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Common Concern of Humankind
Common Concern of Humankind The Common Concern of Humankind (CCH) concept provides a framework for approaching global problems. Issues of common concern are those that inevitably transcend the boundaries of a single state and require collective action in response. The CCH model is particularly suited to environmental problems, which do not respect national boundaries. Addressing…
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Climate Transition Benchmarks
Climate Transition Benchmarks A climate benchmark is defined as an investment benchmark that incorporates specific objectives related to greenhouse gas (GHG) emission reductions and the transition to a low-carbon economy — based on the scientific evidence of the IPCC — through the selection and weighting of underlying constituents. These benchmarks are intended to serve as…
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Climate Funds
Climate Funds Dedicated to addressing challenges associated with climate change, climate funds represent financial resources designed specifically for projects, initiatives, and activities that contribute to climate change mitigation, adaptation, and resilience. These funds play a pivotal role in mobilizing resources to combat the impacts of climate change, steering us towards a more sustainable and low-carbon…
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Climate Clocks
Climate Clocks The Climate Clock counts down the critical deadline for achieving zero emissions (referred to as our “deadline”) but also charts our progress along the vital solution paths (referred to as “lifelines”). It draws its power from a collective force of scientists, artists, educators and activists from all over the world. The next seven…
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Climate Change
Climate Change Climate change refers to the long-term variations observed in weather conditions due to the warming of the Earth’s atmosphere. These variations include changes in temperature, precipitation, wind patterns and other aspects of the climate system. Although natural processes, such as the solar cycle or massive volcanic eruptions, can contribute to these changes, human…
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Climate Action Tracker (CAT)
Climate Action Tracker (CAT) The Climate Action Tracker (CAT) is an independent scientific body dedicated to monitoring and evaluating governments’ decarbonization initiatives in alignment with the Paris Agreement’s objectives; to restrict global temperature increases to well below 2°C above pre-industrial levels, with efforts to limit the rise to 1.5°C by the end of this century.…
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Circular Economy
Circular Economy The circular economy is a production and consumption model characterized by the principles of sharing, reusing, repairing, renovating, and recycling existing products and materials for an extended lifespan, thus preserving their value. In this economic model, used products are kept within a series of loops, transforming them into precious resources rather than allowing…
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Carbon pricing
Carbon pricing Carbon pricing is an instrument that captures the external costs of greenhouse gas (GHG) emissions—the costs of emissions that the public pays for, such as damage to crops, health care costs from heat waves and droughts, and loss of property from flooding and sea level rise—and ties them to their sources through a…
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Carbon Footprint
Carbon Footprint As stated by Mike Berners-Lee, author of The Carbon Footprint of Everything, a carbon footprint is the “total sum of all the greenhouse gas emissions that had to take place in order for a product to be produced or for an activity to take place”. Each of these activities and products has its…
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Carbon credit/offset
Carbon credit/offset A carbon credit, also referred to as a carbon offset, is exchanged between private entities within the voluntary carbon market. These credits are issued by carbon crediting schemes and symbolize the reduction, removal, or prevention of one ton of CO2e. Carbon credits or offsets undergo a unique serialization process and are managed, issued,…