Less than a quarter of largest transport firms aligned with Paris goals
Less than a quarter of the world's largest transport companies have emission reduction plans aligned with the Paris Agreement, a global initiative backed by investors responsible for $23trn (£17trn) in assets has warned.In a report published today, the Transition Pathway Initiative (TPR) reveals that just 23% of the 62 largest firms have emission plans in line with limiting global warming to 2°C above pre-industrial
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Limiting global warming to 2°C above pre-industrial levels is now possible if all nations honour the climate pledges made at the Glasgow COP26 conference last year, a new study has found.
Dr Barbara Buchner, global managing director of Climate Policy Initiative, tells Chris Seekings about the urgent need to raise climate finance for developing nations, and how far we are from the US$100bn goal