We know setting and sticking to New Year's resolutions can be hard, but don't worry we're here to help. Explore our climate friendly suggestions below and make 2024 a year that ensures a thriving future for all life on Earth.
Private-sector climate action is more critical than ever to plug the emissions gap. Our latest data exploring the climate commitments of the Fortune Global 500 found that despite a steady rise in climate commitments following the Paris Agreement in 2015, in the last year, the number of companies with a significant climate commitment has stagnated at around 66%. More concerning is that there was no increase in 2030 commitments in the last year, staying at 42%. This needs to change.
The good news is that our data also found three clear markers from the companies in the Fortune Global 500 making the most positive impact on emissions today, follow their lead in 2024 by:
- Measuring and reporting on emissions
- Setting ambitious climate targets - 2030 or sooner
- Making climate someone’s job by employing a Chief Sustainability Officer or equivalent
It's time to get ambitious with climate targets. Our latest data exploring the climate commitments of the Fortune Global 500 found that 2030 targets are leading to emissions reductions. The operational emissions of companies with a 2030 or sooner target reduced by 7% over the last reporting year, compared to a 3% increase among companies without a 2030 target.
Channelling finance to projects and organisations delivering cleaner cooking technologies not only reduces carbon emissions but also supports the health and livelihoods of communities most impacted by climate change yet least responsible:
- Nearly 1 in 3 people across the world still do not have access to clean cooking technology
- More than 1 billion tonnes of carbon emissions each year comes from burning wood to cook - which is 2% of total global emissions and the same amount as annual air travel
- Lack of access to clean cooking contributes to 4 million deaths per year from indoor air pollution (more than HIV, Malaria, and Tuberculosis combined).
Let's make clean cooking accessible to more people in 2024.
Around 2 billion people worldwide don’t have access to safe drinking water and every year, 829,000 people die from diseases directly attributable to unsafe water, inadequate sanitation, and poor hygiene practices. This urgently needs to change.
Channelling finance to scale these solutions is critical. Read about our brilliant project partner Aqua Clara, bringing safe water to families and schools across Kenya, replacing the need to boil water over smoky, firewood-fueled stoves.
Are you looking to break new ground in 2024 by building projects not available on the current market? Or are you looking to reduce uncertainty and prepare for future climate commitments? We offer a project development solution to companies that want to make an early investment in projects to meet their future demand for carbon credits. We understand the carbon project process from beginning to end, offering high-quality projects that we originate and manage to maximize impact.
Sit back, relax and discover how nature plays a crucial role in tackling climate change in our 360° video exploring a tropical reforestation project in Central America.
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