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| yelena.akopian@wri.org

3 Reasons Why Fossil Fuel Companies Should Disclose Their Reserves

Fossil fuel companies hold vast oil, gas and coal reserves that help determine their market value. These reserves are also the basis to understanding the potential climate risks of burning these fuels. Yet not a single fossil fuel company in the world discloses potential emissions from their reserves – and that is a big problem.

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| yelena.akopian@wri.org

Request for Proposals: NDC Implementation Tracking Tool

World Resources Institute (WRI) seeks qualified assistance to develop a user-friendly tool to track implementation and effects of climate actions. Interested vendors should be prepared to submit a full proposal by January 25th, 2019, with aim to deliver the full tool by June 2019

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| yelena.akopian@wri.org

The World Is Counting on Banks to Deliver Climate Finance. Counting Their Progress Is No Easy Feat.

Banks are connected to every part of the economy through their investing and lending activities. That means they play a crucial role in financing the transition to a low-carbon economy. The financial sector is increasingly aware of the need to shift capital flows away from companies and activities that contribute to the climate problem and into climate solutions.

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| yelena.akopian@wri.org

New Program Launched to Advance Local Climate Initiatives in Cities Worldwide

A new program to help advance local climate initiatives in cities worldwide was launched today. The City Climate Planner program is being led by the Green Business Certification Inc. (GBCI) and was created by The World Bank Group along with C40 Cities, ICLEI - Local Governments for Sustainability, and World Resources Institute through funding provided by the Korea Green Growth Trust Fund.

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| lori@prometsite.com

Scope 3 Evaluator Now Available

The Greenhouse Gas Protocol and Quantis have joined forces to develop and launch the Scope 3 Evaluator - a free, web-based tool that allows users to make an initial, rough approximation of their full Scope 3 footprint, regardless of the size or type of organization. Read the full press release here.

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| lori@prometsite.com

Hundreds of Cities Poised to Replicate Rio’s Approach to Measuring and Reducing Emissions

Rio de Janeiro is one of the world’s leading cities injecting sustainability into its planning. In 2011, Mayor Eduardo Paes enacted an ambitious climate change law, setting a goal to avoid 20 percent of its emissions by 2020, based on 2005 levels. There was only one problem: The city wasn’t sure just how much it was emitting, or where its emissions were coming from.

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| lori@prometsite.com

Giving cities a road map to reducing their carbon footprint

Cities are not just where 3.5 billion of us live—they are where more than  half of humanity uses electricity, drives cars, and throws out garbage, among myriad other activities that emit greenhouse gases. Now, a global coalition has released the first standardized method for measuring and reporting a given city’s greenhouse gas emissions. 

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| lori@prometsite.com

Banks to Receive Guidance on Reporting Emissions in Lending

When the 2011 Newsweek Green Rankings were published, it came as a surprise to many that seven of the worst performing US companies were financial firms. The reason for such a poor performance was inadequate reporting of emissions in corporate supply chains; in the case of financial firms, emissions from their lending and investment portfolios.

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| lori@prometsite.com

Rajkot one of 40 global cities to cut carbon emissions

Gujarat's 'solar city — Rajkot in Saurashtra — is being globally recognized as a case study for reducing carbon emissions. As per report by World Resources Institute (WRI), a US-based organization, presented at the UN Climate Change Conference in Peru, Rajkot will be able to reduce 14 per cent cent of its carbon dioxide emissions by 2016. 

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| JWinslow@wri.org

RELEASE: New Guidance Will Help Financial Institutions Measure Emissions from Lending and Investment Portfolios

Many financial institutions measure and report their own greenhouse gas emissions, but the real impact is in their value chains. To address this gap, the Greenhouse Gas Protocol and the United Nations Environment Programme Finance Initiative have begun developing guidance to help financial intermediaries assess the emissions from their lending and investments portfolios.

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