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Engaging in Climate
Engaging in Climate

Associated Press

time12-06-2025

  • Business
  • Associated Press

Engaging in Climate

Amplifying climate trends through climate events around the world The climate landscape today is characterized by escalating challenges that have significant implications for businesses and society as a whole. As global temperatures rise and natural ecosystems face unprecedented threats, it is crucial for global organizations to remain focused on their sustainability goals. At KPMG, our climate leaders are focused on the client issues that matter most, and we carry these through everything we do, including the events we participate in. With the goal to educate and inspire, and seize opportunities presented by the transition to a more sustainable future, our focus remains on: Climate transition plans Credible and transparent climate transition plans can help companies enhance resilience, create and protect value, and drive growth by focusing on mitigation and adaptation strategies. AI, the energy transition and climate action The convergence of AI, escalating energy demands, and climate change has emerged as a critical economic and geopolitical topic, with significant energy requirements associated, but also the opportunity to embrace a new wave of innovation. Nature and biodiversity Nature is a key lever and enabler to climate transition plans, and it's critical for business to understand actions they can take to access transition finance, and understand how to navigate and align with government policies, while also creating win-wins for climate and nature. Climate adaptation and resilience Adaptation and resilience are crucial to protecting lives and livelihoods, and can help ensure businesses thrive. This is a fundamental part of a robust transition plan. The Climate: Health nexus The climate crisis is a health crisis and addressing this intersection is a powerful way to help catalyze climate action as conversations move from challenges to plans leading to a healthier future. Upcoming events Meet KPMG climate leaders at this year's climate events to collaborate on building a more sustainable future for all. London Climate Action Week21-29 June 2025 | London, England KPMG will bring together a robust program hosted throughout London Climate Action Week (LCAW), focused on the climate transition, reframing sustainability, and more. As a diamond sponsor for Reset Connect London (24-25 June), KPMG professionals will be taking part in a number of panel sessions, with our professionals also hosting a number of events taking place through the Reset Connect event space, as well as at the KPMG Canary Wharf office. Click here to view the KPMG at LCAW program Register your interest in KPMG at LCAW New York Climate Action Week21-28 September 2025 | New York, USA KPMG is proud to be a Silver Sponsor of New York Climate Week (NYCW), with KPMG professionals preparing an agenda that aims to help drive the transition to a sustainable economy that fosters value creation and preservation for both businesses and society. Through engaging panel discussions, meetings, and a number of other networking opportunities taking place throughout NYCW, KPMG looks forward to discussing some of today's most pressing climate and nature challenges and opportunities that can help contribute to the development of sustainable approaches that drive meaningful and lasting change. Register your interest in KPMG at NYCW COP3010-21 November 2025 | Belém, Brazil As the climate crisis accelerates and geopolitical complexities emerge, KPMG is working to prepare a thoughtful program and presence around COP30 that can help businesses better understand their nature- and climate-related risks as we work together to tackle climate change. Every business has a part to play and we want to help with this critical endeavor in any way we can. Learn more about KPMG at COP30 Our insights Climate, decarbonization and nature Understand climate and nature risks and opportunities to accelerate organizational change. Read more KPMG at COP30 As the climate crisis accelerates and geopolitical complexities emerge, KPMG is working to prepare a thoughtful program and presence that can help businesses better understand their nature- and climate-related risks. Read more Environmental, social and governance (ESG) Unlock the power of ESG to transform your business. In today's increasingly disruptive world of climate disasters, political conflict and societal inequalities, rapid ESG progress is crucial to achieving a more sustainable future. Read more Our people Mike Hayes Climate Change and Decarbonization Leader, Global Head of Renewable EnergyKPMG in Ireland Richard Andrews Head of Environmental, Social and Governance (ESG)KPMG in the UK Maura Hodge US Sustainability Leader, KPMG LLPKPMG in the U.S. Visit 3BL Media to see more multimedia and stories from KPMG

We bear the brunt of the climate crisis. A Pacific Cop could help shape the global response
We bear the brunt of the climate crisis. A Pacific Cop could help shape the global response

The Guardian

time22-05-2025

  • Politics
  • The Guardian

We bear the brunt of the climate crisis. A Pacific Cop could help shape the global response

Watching from the western Pacific, we saw many describe Australia's recent election as a decisive moment for climate and energy policy. If that was the case, the people of Australia have spoken loud and clear. Like many of us in the Pacific had hoped, most Australians wanted to throw off the shackles of the last decade's 'climate wars' and usher in a new era of responsible climate and energy policy, one that harnesses the limitless potential of Australia's renewable energy superpowers and helps lead the Pacific region and the world to a safer and more prosperous climate future. By hosting next year's Cop31 climate conference together with the Pacific, Australia would have a once-in-a-generation opportunity to both catalyse its own clean transition to a decarbonised economy, and to elevate its relationship with the Pacific to the top tier of its foreign and strategic policy priorities. If well-delivered over the coming two years, these twin objectives might ultimately be viewed as the hallmarks of a nation that successfully left the climate culture wars for dead and cemented a legacy of new climate leadership for, and in solidarity with, its Pacific neighbours. As I said at last year's Cop29 in Baku, now is the time for those standing in the way of a high ambition Pacific Cop to move aside. That the Pacific has never physically hosted a COP – despite bearing the full brunt of the climate crisis – must be corrected. In this defining decade, a Pacific Cop would ensure that those most affected can help shape the global response. Cop31 would also be an opportunity to shine a light on Australia's efforts to accelerate the transition of its historically carbon-intensive economy and to demonstrate the multiple benefits that can flow from renewables and new green industries. This would have a particularly important demonstration effect for the booming economies of the Asia-Pacific, whose development pathways must be decarbonised if we are to avoid a significant overshooting of the goals of the Paris agreement. But ultimately, the merit and credibility of a bid from Australia with the Pacific will rest upon two factors. First, the level of ambition demonstrated by Australia in the formulation of its 2035 emissions reduction target under the Paris agreement. As the climate treaty says, each country's target should reflect its 'highest possible ambition'. In other words, it should be a 'stretch goal' that is challenging to achieve, but ultimately within reach. I saw an analysis during my recent visit to Sydney that a 1.5C-aligned contribution from Australia would require at least a high-70s% reduction in GHG emissions below 2005 levels by 2035. Australia should also make moves to address the climate impact of its fossil fuel production and exports – it remains one of the top three fossil fuel exporters in the world. As I said in Sydney, we urge the Australian government to shift away from new coal and gas developments, in line with global momentum and the expectations of Pacific partners. Without such a signal, questions may continue to linger over the credibility of Australia's potential leadership role in the UN process. The second factor will be the collaborative spirit embedded in the Australian-Pacific partnership on Cop31. For example, there should be early moves to appoint Pacific co-leads for key positions in the Cop31 process, such as the formal presidency role as well as 'climate champions' who seek to drive new climate commitments from the private sector, regions, cities and local governments. But perhaps more importantly, a landmark Pacific Cop must be convened at the very highest level, bringing in world leaders on Australia's Pacific coast to ensure that climate remains at the top of the global agenda. More substantively, my Pacific colleagues see great value in pursuing a signature new initiative to make the Pacific the first region in the world to become 100%-powered by renewables, both on our islands and through local use of electrified vessels. To shape this initiative, I will host Pacific leaders here in Palau in August 2026, and we can work towards a pre-Cop31 gathering elsewhere in the region to channel international resources towards this win-win-win outcome. The primary aim would be to accelerate the Pacific switch from reliance on expensive imported diesel and other fossil fuels to much cheaper renewable power generation and storage. As one example, we look forward to further support from the Australian Infrastructure Finance Facility for the Pacific to rapidly complete work on Palau's first utility-scale solar project in Ngatpang with the planned addition of a battery energy storage system (BESS). To do this at scale across the Pacific will require new flows of climate finance and an associated derisking mechanism to help unlock private sector investment. Either way, Australian leadership will be key to demonstrate how Cop31 can tangibly deliver for the region. The Albanese government now has a crystal clear mandate to make real progress on an intergenerational issue of paramount importance – at home, in the region and on the world stage. It is an opportunity that Australia must now grab with both hands, together with its Pacific family. Surangel Whipps Jr is the president of Palau

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