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Global Climate Action  

At the twenty-first session of the Conference of the Parties (COP 21) in Paris, it was agreed that mobilizing stronger and more ambitious climate action by all Parties and non-Party stakeholders is urgently required if the goals of the Paris Agreement are to be achieved.

In decision 1/CP.21, the commitments from all actors are recognized, including those launched through the Lima–Paris Action Agenda, as well as the urgent need to scale up the global response to climate change and support greater ambition from governments.

At COP 22 in Marrakech, a High-Level Event on Accelerating Climate Action was held to highlight outcomes from the Action Events throughout the conference and culminated with the launching of the Marrakech Partnership for Global Climate Action; a new framework to catalyse and support climate action.

NAZCA Tracking Climate Action

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BNP Paribas

France

COOPERATIVE ACTIONS (4)

Climate Change Reporting and Fiduciary Duty

Report climate change information as a fiduciary duty

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Private finance

Corporate Engagement in Climate Policy

Commit to responsible corporate engagement in climate policy

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Other

Remove commodity-driven deforestation

Remove commodity-driven deforestation from all supply chains by 2020

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Forest

Science based targets

Adopt a science-based GHG emissions reduction target

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Emissions reduction

INDIVIDUAL ACTIONS (9)

Set an internal carbon price by 2017

Use of carbon price

Reduce CO2e emissions intensity across portions of their value chain by 25% per full-time employee from 2012 to 2020 through increased energy efficiency, renewable energy purchases, solar power installations, and more efficient business travel

Energy access & efficiency

Renewable energy

Emissions reduction

Reduce GHG emissions by 25% per employee from 2012 to 2020

Emissions reduction

Reduce CO2e emissions across their value chain by 10% from 2012 to 2015

Emissions reduction

Reduce CO2e emissions across their value chain by 25% from 2012 to 2020

Emissions reduction

More than double the financing resources allocated to the renewable energy sector, from EUR 6.9bn in 2014 to EUR 15bn in 2020

Renewable energy

Private finance

Cease to finance coal mining projects, pure players in the coal mining industry, and coal-fired power plants (CFPP) in high income countries

Private finance

Continue to promote green bonds to institutional investors, and eventually rank among the top three players in the green bond market by 2018

Private finance

Invest EUR 100m in innovative start ups in the energy transition field

Private finance