Tag: ClimateAction

Key Highlights of World Social Protection Report 2024–26

Infographic: Key Highlights of World Social Protection Report 2024–26, covering coverage, investment, climate resilience, inequality, technology, and recommendations.

As the world faces the escalating climate crisis, social protection is increasingly recognized as essential for both climate mitigation/adaptation and a just transition. The report argues that strong, universal social protection systems must deliver a dual purpose: protecting people from ordinary life-cycle risks — childhood, unemployment, illness, old age — and supporting climate action. With the planet already 1.1°C warmer and risks of tipping points beyond 2°C, climate change is now the biggest threat to poverty reduction, decent work and social justice.

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Key Highlights of World Social Report 2025

The report calls for a new policy consensus based on equity, economic security for all, and solidarity. It emphasizes the need for structural transformations in policy, institutions, norms, and mind-sets, and a fundamental reorientation of policymaking through a social lens. A new consensus must prioritize strong social policies, investments in public institutions, and a people-centred approach to development, moving beyond the current over-reliance on markets.

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Highlights of Net-Zero Banking Alliance 2024 Progress Report

When joining the Alliance, each member bank voluntarily commits to independently setting, disclosing, and reporting on their progress towards science-based de-carbonization targets, as data and methodologies allow. These individual targets aim to align portfolios to pathways that limit global warming to 1.5°C above the pre-industrial global average temperature, in line with the goals of the Paris Agreement. The Guidelines for Climate Target Setting for Banks outline eight key sectors: power generation, oil and gas, coal, transport, iron and steel, cement, commercial and residential real estate, and agriculture.

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