The latest news & insights from EcoAct

We strive to keep our clients and partners up to speed on the latest climate news. Here you will find hot off the press releases, expert thought-pieces and the latest industry developments.
 
COP 29 Nov 2024

COP29 recap:  Mixed outcomes as markets advance, finance lags 

Chimdi Obienu 8 Min Reading Time
While the COP29 outcomes were decidedly mixed, the latest annual UN climate meeting in Azerbaijan produced several potentially transformative developments for the voluntary carbon market. With climate finance needing to increase at least five-fold from current levels to $1.3 trillion annually to limit warming to below 1.5°C1, carbon markets are essential for mobilising private sector ...
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TCFD 25 Nov 2024

First round of TCFD reporting for asset managers passes in the UK: What are the challenges and opportunities?

Henry Johnson 3 Min Reading Time
Now that the dust has settled on the first annual TCFD reporting requirements for UK asset managers and owners, we reflect on the challenges many firms face in compiling their inaugural TCFD entity report, and how they can capitalise on the opportunities. As we look ahead to 2025, firms must focus resources on improving data ...
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Scope 3 13 Nov 2024

Lessons from VERGE 24: How to Create a Scope 3 emissions inventory

Kathryn Ezeoha 4 Min Reading Time
In October, thousands of professionals from a range of industries gathered in San Jose, California for VERGE, an annual climate tech conference hosted by the Trellis Group, formerly GreenBiz Group. The event is a platform for climate solution practitioners to share successes, challenges, and insights to foster collective progress in the decarbonization of operations and ...
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COP 12 Nov 2024

COP29: Carbon Markets in the Spotlight

Chimdi Obienu 5 Min Reading Time
COP29 has been branded the “Finance COP” due to the expected focus on bolstering mechanisms for channelling funds towards climate action. This will involve complex negotiations on how to strengthen activity in the evolving voluntary carbon market, facilitate financial flows between countries, and realise the COP28 commitment to triple global renewable energy capacity and double ...
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COP 7 Nov 2024

COP16 Biodiversity: Despite the enthusiasm, a mixed picture for implementing commitments

Sabrina Capon and Jeanne Barreyre 6 Min Reading Time
Following two weeks of intense negotiations in Cali, Colombia, the COP16 on biodiversity has ended and it’s time to take stock. Our experts, Sabrina Capon, Biodiversity Manager, and Jeanne Barreyre, Senior Consultant and researcher in nature-based solutions, attended the event to follow the discussions and meet partners and other experts. We sat down with them ...
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CDP 6 Nov 2024

CDP 2025: Proactive steps to improve your CDP score

Caoimhe Costigan 11 Min Reading Time
In 2024, CDP rolled out its new integrated format for the full corporate questionnaire that combined all three existing questionnaires across climate, forests, and water security into one. With this new format came many structural changes, increased alignment to global frameworks, a new disclosure platform and essential criteria introduced at different scoring levels. Companies had to ...
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Sustainable finance 30 Oct 2024

Target-setting for financial institutions: 3 key updates you need to know

Luke Chater 5 Min Reading Time
There is significant activity in the target-setting landscape for financial institutions, as framework developers look to improve methodologies, address industry feedback and expand coverage from the public markets to the private markets. Although setting climate-related targets can be both complex and strategically critical, expectations from regulatory bodies and framework developers are clear: structured, time-bound and science-aligned ...
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Carbon Market 24 Oct 2024

Navigating Carbon Markets: 4 Key Questions from EcoAct’s Climate Week NYC Panel

Kathryn Ezeoha 6 Min Reading Time
The voluntary carbon market (VCM) has seen significant growth in recent years, including a rising number of projects and methodologies. With this progress comes the critical opportunity to strengthen the integrity and transparency of the market, ensuring its long-term success. At this year’s Climate Week NYC, EcoAct hosted an event for industry experts to discuss ...
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Carbon Credits 14 Oct 2024

Carbon offsetting projects up close: Rethinking voluntary carbon offsetting’s true value with Director of Sustainability at Philips  

Isabel Fernández de la Fuente 11 Min Reading Time
Philips, is the first health technology company to have its entire value chain emissions reduction targets approved by the Science Based Targets initiative (SBTi). It integrates voluntary carbon offsetting as a strategic complement to its comprehensive decarbonisation efforts.  In April 2024, Director of Sustainability at Philips, Alexandros Theodoropoulos, conducted field visits to three carbon offsetting ...
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