OnePointFive.In

If you see the climate urgency, feel the weight of the challenge, and want to be part of the solution, you’re in the right place!

[OnePointFive.In @1Point5Tribe]

#ESG , #Europe , Going Back To Roots

https://t.co/GLMKLLfHij

[OnePointFive.In @1Point5Tribe]

Avaada aims to scale renewable energy generation from 4GW to 11GW by 2026 and expand into cell/module production with a $1B PLI scheme win. The company sees itself as a key driver of India's energy transition and will leverage Brookfield's expertise to further its goals.

[OnePointFive.In @1Point5Tribe]

Avaada Group, a major Indian player in clean energy, secured $1 billion investment from Brookfield for solar manufacturing and growth.
#ReadMoreHere
https://t.co/edtZu2rcC8

[OnePointFive.In @1Point5Tribe]

Global pledge to transition from fossil fuels: US DoE faces crucial decisions on Gulf of Mexico gas exports. Biden's choice impacts climate, justice, and promises made.

#ReadMoreHere @guardian

https://t.co/7pDBVi2Wp1

[OnePointFive.In @1Point5Tribe]

The agreement included a $700 m commitment for a loss and damage fund.
Concerns persist over financial support for poor countries in transitioning to renewable energy. The deal's impact on investors signaling a shift to renewables is noted, but its imperfections are acknowledged.

[OnePointFive.In @1Point5Tribe]

#Cop28
Saudi Arabia agreed not to impede a global commitment to "transition away" from fossil fuels. The resulting deal, while historic, faced criticism from Indigenous groups and climate scientists for being insufficiently strong.
#ReadMore
https://t.co/XqtsZL1JsS

[OnePointFive.In @1Point5Tribe]

The UAE's presidency faced controversy over allegations of using COP28 for secret oil-and-gas deals, overshadowing the achievements. A fund for climate change "loss and damage" was established.

[OnePointFive.In @1Point5Tribe]

At #COP28 an agreement was reached among nearly all nations to transition away from fossil fuels, marking the first such consensus in 28 years of climate negotiations. The commitment is part of the inaugural "global stocktake" under the Paris Agreement.

https://t.co/H1jW3au3w1

[OnePointFive.In @1Point5Tribe]

However, frustration arose due to a lack of a clear call for a fossil-fuel phase-out this decade and perceived loopholes. Developing nations were disappointed by the absence of new financial commitments.

[OnePointFive.In @1Point5Tribe]

However, campaign groups, including Greenpeace, argue the agreement falls short, deeming a fair and swift transition unattainable. The accord marks a significant global shift but faces challenges from both affected nations and advocacy groups.

[OnePointFive.In @1Point5Tribe]

The #COP28 in Dubai reached a historic deal, urging global fossil fuel transition without a mandatory phase-out. Emphasizing rapid reductions, the pact targets limiting temperature rises to 1.5 °C.
#read

https://t.co/OI2hqS60JN

[OnePointFive.In @1Point5Tribe]

India protests Global Stocktake draft on rapid coal phasedown at #COP28 .

#ReadMore
https://t.co/oN2pAK8OZk

[OnePointFive.In @1Point5Tribe]

The climate summit is heading into the final part of the negotiations. Follow the latest on the final negotiations at #COP28 with @guardian

https://t.co/c7tHCOl8IG

[OnePointFive.In @1Point5Tribe]

The climate summit is heading into the final part of the negotiations. Follow the latest on the final negotiations at #COP28 with @guardian

https://t.co/Dbog7AhAaE

[OnePointFive.In @1Point5Tribe]

Over 80 nations, including the US & EU, advocate for a clear end to fossil fuel use. The summit's fate hangs on negotiations amid rising tensions.

[OnePointFive.In @1Point5Tribe]

#COP28 faces resistance from countries (like Saudi Arabia & Russia) opposing a fossil fuel phase-out. OPEC sent a letter urging avoidance of fossil fuel mentions, causing concern.
https://t.co/G00SvEQSlD

[OnePointFive.In @1Point5Tribe]

Critics stress the need for more international support, questioning the rejection of certain declarations and urging a closer look at emission reduction strategies at #COP28.

Via @Nature

#ReadMoreHere
https://t.co/9deHRhvVaT

[OnePointFive.In @1Point5Tribe]

The World Bank's role in hosting a loss and damage fund raises concerns. Cop28 claims to have mobilized $57 billion in pledges.

[OnePointFive.In @1Point5Tribe]

Sultan Al Jaber, Cop28 president and oil executive, defends himself against accusations of climate denial, emphasizing his commitment to phasing out fossil fuels.

https://t.co/DsgCWi12AY

[OnePointFive.In @1Point5Tribe]

Integrated into financial systems, it ensures auditable records for carbon transactions, aligning with net-zero goals. GCMU's initiative aims to scale the carbon market, providing critical infrastructure for corporate net-zero statements.

[OnePointFive.In @1Point5Tribe]

The Global Carbon Market Utility launched the design process for accounting ledgers, supported by EY, to enhance transparency in the Voluntary Carbon Market.
https://t.co/MO7XimPfgc