Insuring Nature

The Nature Conservancy (TNC) | 2023, Financial Times

When it comes to addressing the world’s environmental crises, insurance may not be top of mind as a powerful or even potential solution. But with innovative thinking, insurance can be an essential part of a conservation toolkit to protect our world.

Eric Robert (TNC): “This is a very significant milestone in our climate risk reduction and management work where we use nature’s inherent capacity to protect coastal communities from the impacts of climate change and utilise innovative finance mechanisms, such as insurance, to inject private sector funds into ecosystem repair and restoration efforts.”

 

De weg naar de hel is geplaveid met goede bedoelingen

Mona Keijzer | 2023, De Nieuwe Denktank

Waarom faalt het overheidsbeleid (bijna) altijd? Een pleidooi voor het accepteren van onvolmaaktheid en bescheidenheid van bestuurders, politici, ambtenaren en burgers. Met de beste bedoelingen zijn de afgelopen decennia vele wetten en lagere regelgeving aangenomen en bijbehorende beleidsuitvoeringssystemen in stelling gebracht…  We hebben inmiddels zoveel wetten en regels dat de capaciteit ontbreekt om ze allemaal te handhaven. De rechterlijke macht kan alle rechtszaken die in een rechtsstaat nu eenmaal kunnen volgen op overheidsbesluiten (die ingrijpen op rechten) niet meer aan. Lees meer

“It’s nature that needs money”

Tom Phillips | 2023, The Guardian

“The Brazilian president, Luiz Inácio Lula da Silva, has told developed countries to put their money where their mouth is when it comes to protecting the world’s remaining tropical forests, as major rainforest nations demanded hundreds of billions of dollars of climate financing and a greater role in how those resources are spent. “It’s not Brazil that needs money. It’s not Colombia that needs money. It’s not Venezuela. It’s nature.”” Read more

ISO 14004:2016 Environmental management systems

ISO 14004:2016 provides guidance for an organization on the establishment, implementation, maintenance and improvement of a robust, credible and reliable environmental management system. The guidance provided is intended for an organization seeking to manage its environmental responsibilities in a systematic manner that contributes to the environmental pillar of sustainability.

This International Standard helps an organization achieve the intended outcomes of its environmental management system, which provides value for the environment, the organization itself and interested parties. Consistent with the organization’s environmental policy, the intended outcomes of an environmental management system include:

– enhancement of environmental performance;

– fulfilment of compliance obligations;

– achievement of environmental objectives.

City typology as the basis for policy

Towards a tailor-made approach to the benchmarking and monitoring of the energy and climate policy of cities

KPMG | 2010

The whole world is facing a major challenge of how to limit the effects of climate change. These days, there is little doubt that climate change is an important issue. Therefore, the main question now is how to address it. A noteworthy report with ideas and concepts.

Bernd Hendriksen, Director, Sustainability Advisory practice, KPMG in the Netherlands: “Addressing climate change is a shared responsibility requiring the joint support of citizens, businesses and governments. Cities occupy a key position in this respect. They house large populations and many businesses, generating a great deal of mobility, and are therefore major emitters of greenhouse gasses.

This also implies that cities have unique opportunities to develop an energy and climate policy that can significantly reduce these emissions. To achieve this, cities can mobilise the parties involved, create awareness and enforce specific changes through legislation and regulations. The range of issues to be addressed is virtually endless, from waste collection and industrial policy to car use in the inner cities and grant schemes for green energy.

“Cities are responsible for about eighty percent of the global energy consumption and half of the total greenhouse gas emissions (European Commission, 20081). Cities are therefore one of the key locations in the fight against global warming.”

Moreover, this also presents cities with opportunities: a city that successfully tackles this issue can raise its profile accordingly. In the near future, this will become an increasingly important way for cities to distinguish themselves.

Understandably, cities are already using the opportunities available to place the issue of climate change on a solid footing. Domestically as well internationally, numerous initiatives and tools have been implemented to measure the efforts, to benchmark and to share knowledge.

In this publication, KPMG Sustainability analyses and compares the impact of various tools and initiatives. One of our conclusions is that the landscape is cluttered, showing little uniformity or cohesion. We also conclude that initiatives are often not properly aligned to the specific characteristics of a given city and therefore do not invite a tailor-made approach. We have therefore made a number of suggestions for improvement. These are also based on the awareness that cities, particularly in the coming years, will require tailor-made policies that are designed to achieve optimal and sustainable results in a cost-effective manner.

Furthermore, requirements will become stricter. The Covenant of Mayors (a European Commission initiative for commitment by signatory towns and cities to go beyond the objectives of EU energy policy in terms of reduction in CO2 emissions) for example, is drafting stricter requirements with respect to reporting, and the European Commission will also keep a close eye on the energy and climate policies of cities.

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