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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

National Australia Bank (NAB)

Australia

COOPERATIVE ACTIONS (3)

Business Leadership Criteria on Carbon Pricing

Set an internal carbon price, publicly advocate and communicate on progress

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Use of carbon price

Private finance

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

Responsible corporate engagement in climate policy

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Other

INDIVIDUAL ACTIONS (5)

USD 250m green bonds issued for projects in renewable energy in Australia

Renewable energy

Private finance

Reduce CO2e emissions across their value chain by 5% from 2013 to 2016 through energy efficient building retrofits

Energy access & efficiency

Emissions reduction

Building

Supply 10% of total electricity consumption from new and additional renewables by 2018 through purchases and financing activities

Renewable energy

Reduce operational CO2e emissions from office-based activities at commercial buildings by 21% from 2015 to 2025 through energy efficient building retrofits and renewable energy installations

Energy access & efficiency

Renewable energy

Emissions reduction

Building

Use an internal carbon price

Use of carbon price