“It’s time for governments, businesses, and individuals to shift from pledges to tangible actions “ .. this does not mean anything unless we have a legally binding framework such as .. retrospectively applying ‘cross default’ clause on .. respective government bond and/or loan exposures ( loan market associations documents ) with a targeted GHG emissions (a transparent emission reduction for next 3-5 year @1.5 degree scenario) and a efficient rollout of crossboder Tax regime ‘Carbon Tax’ .. of course Regulators , Banks including Large Investment firms ( holding trillions of dollars - asset under management) to be monitored for Tangible transitions and effective Pillar 1 Capital for all level of emissions !
Sustainability Partner | GRI Certified | GHG Auditor ISO 14064-1,2,3 | LCA ISO 14040-44 | PhD Economics | Advancing Sustainability Goals
🌍 **Reflecting on 29 Years of COP: Progress, Missed Targets, and the Urgency of Now** 🌍 This year marks the 29th anniversary of the Conference of the Parties (COP), which began as a landmark initiative to unite global efforts in combating climate change. The aspirations were clear: **to reduce greenhouse gas emissions, protect biodiversity, and promote sustainable development** to safeguard the planet for future generations. Is it going to be Similar Talks or Have a real deal? Over the years, COP has seen some notable achievements: ✅ *Global Climate Agreements*: The Kyoto Protocol and the Paris Agreement set legally binding targets, holding nations accountable. ✅ *Rising Awareness*: COP has elevated climate discussions to the forefront, driving awareness and commitment from governments, businesses, and individuals worldwide. ✅ *Technological Advancements*: We’ve seen innovations in clean energy, carbon capture, and sustainable practices, with more companies integrating ESG principles. However, we've also faced significant setbacks: ❌ *Emissions Are Still Rising*: Despite commitments, many countries have not met their emissions targets. CO₂ levels and fossil fuel use continue to increase. ❌ *Slow Implementation*: Ambitious pledges often lack the actionable plans or resources needed for real impact, stalling progress. ❌ *Disproportionate Impacts*: Vulnerable populations and ecosystems are experiencing the harshest effects, highlighting the need for more inclusive climate solutions. **Why Now?** The effects of climate change are no longer a distant threat. Rising sea levels, extreme weather, and loss of biodiversity are intensifying, posing immediate risks to economies, communities, and ecosystems. The window to limit global warming to 1.5°C is closing rapidly, making immediate, coordinated action essential. 🌐 *It’s time for governments, businesses, and individuals to shift from pledges to tangible actions*. Integrating sustainable practices, innovating for resilience, and prioritizing our planet’s health are not just aspirations—they’re imperatives. Let’s make the next 26 years a testament to meaningful change. #COP29 #ClimateAction #Sustainability #ESG #PlanetSustech