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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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8

Local Government Super

Australia

COOPERATIVE ACTIONS (2)

Montréal Carbon Pledge

Measure and publicly disclose the carbon footprint of their investment portfolios on an annual basis

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Private finance

Portfolio Decarbonization Coalition

Commit to concrete and quantifiable carbon-footprinting as well as portfolio decarbonization targets

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Private finance

INDIVIDUAL ACTIONS (6)

$50-100m USD invested in low carbon fund with minimum 50% value derived from low carbon assets and activities as listed in LCI Registry Taxonomy in Europe

Private finance

$250-500m USD invested in new and existing green commercial and retail buildings in top 25% of buildings in the local market in Australia

Building

Private finance

$10-50m USD invested in carbon market in Australia

Use of carbon price

Private finance

$10-50m USD invested in low carbon fund in developed markets

Private finance

$10-50m USD invested in a green bond in developed markets

Private finance

$10-50m USD invested in hydropower in Australia

Renewable energy

Private finance