Tandem Bank’s Post

Climate policy changed when the Scottish government abandoned its main objective of decreasing greenhouse gas emissions by 75% by 2030. Although aiming for "net-zero" emissions by 2045, acknowledging unattainability shows the difficulties of fulfilling yearly objectives. This judgement highlights the challenges of climate policy implementation and the necessity for realistic targets. Scotland has led global climate leadership, but its inability to fulfil objectives highlights the need for appraisal and recalibration. System like "carbon budgets" might simplify accountability and planning, enabling a more realistic climate change response. This choice allows politicians to create plans that reflect current circumstances while advancing a sustainable future. The Scottish government's recalibration highlights the necessity for adaptable and effective climate policy as the world faces climate change. ClimateAction #Scotland #Sustainability #Policy #ClimatePolicyShift #EmissionsReduction #NetZero2045 #ClimateTargets #ClimateLeadership #CarbonBudgets #AdaptablePolicy #SustainableFuture #ClimateChangeResponse #PolicyRecalibration #writingcrews

In Part 1, we discussed how historical emissions shaped our current climate crisis. Now, we turn to the future—how can we reduce future emissions and address the damage caused by past ones? Climate justice plays a critical role in this. It calls for those most responsible for emissions to lead in funding clean energy transitions, supporting vulnerable nations, and repairing environmental damage. Mechanisms like carbon trading, climate financing, and the Paris Agreement are key steps toward ensuring equitable climate action. Let's build a more just and sustainable world together. #ClimateJustice #CarbonTrading #ParisAgreement #ClimateAction #ClimateCrisis #Sustainability #CleanEnergy #EmissionsReduction #ClimateFinancing #EnvironmentalJustice #NetZero #JustTransition #ClimateSolutions

𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗕𝗲𝘁𝘄𝗲𝗲𝗻 𝗩𝗼𝗹𝘂𝗻𝘁𝗮𝗿𝘆 𝗮𝗻𝗱 𝗖𝗼𝗺𝗽𝘂𝗹𝘀𝗼𝗿𝘆 𝗖𝗮𝗿𝗯𝗼𝗻 𝗖𝗿𝗲𝗱𝗶𝘁 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 While the voluntary market relies on individual choice and corporate responsibility, the compulsory market employs regulatory frameworks to enforce emission reductions. Both markets contribute to the collective effort in combating climate change, demonstrating that sustainable practices can be pursued voluntarily and mandated through policy. Learn more 👉 https://lnkd.in/eJBhcfVE #carbonneutraluk #carbonneutral #carbonoffsetting

The Center for Global Sustainability at the University of Maryland School of Public Policy released a new report at #ClimateWeekNYC showing that comprehensive, high-ambition climate action across all levels of government and all sectors of society and the economy can cut U.S. greenhouse gas emissions by 65% by 2035, compared to 2005 levels. Read more about this report: https://go.umd.edu/1s3y

In today's Strathclyde Business School blog, Professor Iain Black looks at what the next steps might be following the Scottish Government scrapping of its 2030 climate targets of reducing greenhouse gas emissions by 75%: https://lnkd.in/eMhZ9h8w #ClimateChange #NetZero #Sustainability #GreenhouseGasEmissions

Wealthy nations, which have historically contributed the most to climate change, have a moral and practical obligation to lead in climate action. This includes undertaking urgent emissions reductions at home and providing substantial financial support for climate action in poorer countries. By doing so, these nations can help leapfrog over fossil fuel infrastructure and develop in a manner that is both economically viable and environmentally sustainable. Ensuring that emissions reduction targets are equitable and take into account historical emissions involves several key considerations. Such as; Principle of Common But Differentiated Responsibilities (CBDR) The CBDR principle, recognized in the United Nations Framework Convention on Climate Change (UNFCCC), acknowledges that while all countries contribute to climate change, developed countries have historically been the largest contributors. This principle guides the discussion on equitable emissions reduction targets by suggesting that developed countries should take the lead in reducing emissions and assisting developing countries in their efforts. #UnitedNations #ClimateActionNow #youth4climatejustice

“Thank you to everyone who joined our roundtable on carbon market developments with Jos Cozijnsen from Anthesis-Climate Neutral Group. The discussion highlighted the importance of sharing insights and collaborating across the market to overcome barriers and drive ambitious emission reduction pathways towards net zero”, says Iris Kieft of our Sustainable Business & Climate Change team. Read on to explore the insights that were shared: lnkd.in/eqKet9hn. #carbon #voluntarymarkets #compliancemarkets

Are we taking a step backward in the fight against climate change? 🚫🌿🔥 It's concerning to see key politicians in the US and Europe downplaying green policies and the urgency of climate action. With important elections on the horizon, the future of our planet's sustainability hangs in the balance. 🌎💨 Let's stay informed and engaged to ensure progress towards a greener, more sustainable future for all. 💪💚 #ClimateAction #Sustainability #GreenPolicies #ElectionImpact

We are still scratching the surface on climate finance ... Sometimes you realise you are in a bubble as my social media feed is filled with new climate finance announcements At the same we are still spending way more on fossil fuel subsidies and to meet our climate change goals climate finance needs to increase 5 to 10 times Circular economy receives even less funding (our estimates are 10-15% of total climate funding) while circular solutions can address almost half the greenhouse gas emissions and three quarters of the biodiversity loss We are stil in the early innings and much more has to be done - now is not the moment to pause and believe we have done enough! #circulareconomy #regeneration #climatefinance

Attention professionals! The latest report from Sky News reveals top advisers are urging the government to reverse the climate policy rollbacks. By undoing these decisions, we can lower people's bills and prioritize sustainable energy solutions. Let's work together to create a positive impact on both the environment and our finances. #ClimateAction #SustainableEnergy #GovernmentPolicy https://ift.tt/nfvq7P8