Efforts to establish a global climate governance regime have taken a long, zigzagging path, most recently hitting a wall in the United States. But now that congressional Democrats have reached a compromise on sorely needed climate legislation, there may still be a chance to keep the 2015 Paris climate agreement alive
2 Aug 2022
Without rapid reductions in global greenhouse gas emissions, the effects of climate change will continue to worsen, posing an acute risk to human civilization. In the absence of effective multilateral frameworks, it is necessary to increase the costs of emissions unilaterally through other means
28 Jul 2022
In a world beset by crises that are likely to grow even more severe amid rising temperatures and deepening inequality, it is easy to feel overwhelmed. But we already have tried-and-tested policy schemes that could help us tackle these problems in a politically sustainable fashion
8 Jul 2022
As countries ramp up efforts to achieve net zero in the fight against climate change, regulations around emission disclosure are being put in place. Compliance, however, could be an arduous and costly task. Companies now have to measure not only the greenhouse gas (GHG) emissions from their main operations but also those contributed by the entire value chain.
7 Jul 2022
While the European Union's proposed carbon border tax could help to cut emissions and level the competitive playing field for EU-based firms, it risks hurting poorer countries. By helping to finance the developing world’s green transition, Europe could mitigate the protectionist threat in its own climate agenda
29 Jun 2022
The momentum behind mandatory climate-risk disclosure is building globally. By acting now on its own proposed rule change, the US Securities and Exchange Commission (SEC) would provide a much stronger foundation for markets to stand on, and the US would remain a global rule-maker, rather than becoming a rule-taker
20 Jun 2022
Scope 4 measurement serves as positive reinforcement, fostering innovation in low-emission products and encouraging big emitters to scale up their transition efforts. It is different from the punitive nature of Scope 1 to 3 measurements where at-risk entities are red-flagged for their high emissions.
10 Jun 2022