Key Results of Macron's #OnePlanetSummit
On the second anniversary of the adoption of the #ParisAgreement
- commitment by major institutional investors (representing $26 trillion in assets under management) to shift towards renewable energy and low-emission investments
- phasing out coal
- lower shipping emissions
- re-build with resilience in Caribbean
- new climate finance pledges
- carbon neutrality by 2050 commitments by 14 countries, including Germany and Costa Rica.
Also noteworthy:
- @WorldBank will stop funding upstream oil & gas projects
- @AFD to become 100 % Paris Agreement compliant
- Hewlett Foundation pledges $600 million in grants
- @AXA to divest from fossil fuels, and invest $12 billion in green investments.
@UNFCCC Summary
https://cop23.unfccc.int/news/one-planet-summit-finance-commitments-fire-up-higher-momentum-for-paris-climate-change-agreement
@ClimateHome Summary
http://www.climatechangenews.com/2017/12/13/macron-summit-touts-green-finance-progress-despite-trump/?utm_content=buffer26182&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
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