@nicholas_nuttall
Shared by Nicholas Nuttall
Sarah Chabane
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Waterless water park? Rainless forest? Welcome to Droughtland, the country with a severe dryness of land! This campaign by UNCCD wants to raise awareness about drought and the increasing pressure that many countries find themselves faced with when it comes to water scarcity. What if your country became Droughtland? 😶 The video comes with a new report showing that humanity is “at a crossroads” when it comes to managing drought and that accelerating mitigation must be done “urgently, using every tool we can,” Drought in Numbers, 2022, released at UNCCD’s COP15, calls for making a full global commitment to drought preparedness and resilience in all global regions a top priority. Here are some of the observations: Since 2000, the number and duration of droughts have risen 29% From 1970 to 2019, weather, climate and water hazards accounted for 50% of disasters and 45% of disaster-related deaths, mostly in developing countries Droughts represent 15% of natural disasters but took the largest human toll, 650,000 deaths from 1970-2019 From 1998 to 2017, droughts caused global economic losses of roughly USD 124 billion In 2022, more than 2.3 billion people face water stress; almost 160 million children are exposed to severe and prolonged drought A warming planet is a drying planet. And a drying planet means sickness and death. Read the report: https://www.unccd.int/news-stories/press-releases/world-crossroads-drought-management-29-generation-and-worsening-says-un Learn more about Droughtland: https://droughtland.com/ https://youtu.be/L7uYZTOq37A
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Nicholas Nuttall
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A good book on the history of the UN Environment Programme and the Stockholm Conference of 1972 is UNEP--The First 40 years commissioned by me in 2012 for the 40th anniversary when I was UNEP Director of Communications and written by author and environmentalist Stanley Johnson. Stanley was part of the team in Stockholm 1972 and will reflect on this on our Nature in the Race to Zero broadcast this Friday. The book can be downloaded here if anyone wants to understand the past and how it still informs the present. https://www.unep.org/resources/report/unep-first-40-years
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Thank you for sharing, this seems very interesting
Nicholas Nuttall
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I will be speaking at Nature in the Race to Zero on Earth Day April 2022. Like all other speakers at the event, I have been asked to formulate a reply to the following question: “Decarbonizing our economies is a huge - and hugely important - challenge, deeply affecting all parts of our societies. What is the significance of mankind’s relationship with nature and the role of nature-based solutions in this transformation?” Here is my reply: Humanity has over the past few hundred years conducted a mining operation on planet Earth, believing that nature and natural resources were limitless and endlessly renewable. We now know differently, thanks to the amazing science assessments coordinated by organization's like UNEP. If we can urgently expend the same human creativity on conserving and intelligently managing nature and natural resources, then and only then do we have a chance. Join me on #EarthDay register for the event: https://www.wedonthavetime.org/events/nature
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Will be a very interesting day!
Nicholas Nuttall
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Yesterday/Today the former Governor of the Bank of England and climate finance advisor to UK Prime Minister Johnson announced the Net Zero Financial Alliance---financial flows into climate action and the Race to Zero for Cop26 have just taken another important step forward ! Read why in this link below ahead of the WDHT Financing the Race to Zero broadcast tomorrow 22 April 2021 https://www.unep.org/news-and-stories/press-release/mark-carney-un-race-zero-campaign-and-cop26-presidency-launch-net
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A very important step
Nicholas Nuttall
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Investors Green Claims Tarnished By Funding Oil Exploration off Vulnerable Islands By Nick Nuttall An investment house, certified by B Corp is among some big-name investors who are triggering outrage among environmentalists, fishermen and local and regional tourism interests by backing oil drilling off the coast of The Bahamas. Protestors say oil drilling in these pristine Caribbean waters flies in the face of international action to curb global warming under the Paris Climate Change Agreement and makes a mockery of the Bahamian government’s decision to declare a climate emergency. They are also alarmed at the prospects of oil spills and oil related disasters with the risks to fish, coral reefs and livelihoods. The test drilling, which began in December after being given the green light by the government, is being carried out by the Bahamas Petroleum Company (BPC) which is listed in London. Shareholders in the company include Hargreaves Lansdown Asset Management based in Bristol, England and Barclays Wealth, a part of Barclays Bank that serves high net worth clients. Barclay’s announced in 2020 its aim to be a net zero bank by 2050 by aligning its investments with the Paris Agreement and phasing out funding to fossil fuel companies. Another investor is Lombard Odier Asset Management, part of the private Swiss bank, Lombard Odier, which is a certified B Corporation. It is investing over £11 million in the oil drilling venture. According to the B Corp web site: “Certified B Corporations are business that meet the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose”. The citation on the B Corp web site for Lombard Odier says “sustainability is at the heart of everything they do….their ambition is to secure a sustainable future for generations to come”. The Eyewitness news web site in the Bahamas a few days ago reported that they had asked for a statement from Lombard Odier who had now expressed ‘regret’ with their involvement and that they are “taking the necessary actions to address it”. Campaigners say the company should never have been involved in the first place and are only back tracking after their involvement became open to public scrutiny. They are now looking to Lombard Odier to make good on their promise to act with clear and concrete action and assurances this slip-up does not happen again and will ask the B Corp network to take a "long hard look" into why they continue to certify companies making fossil fuel investments. There is also now confusion over whether the Bahamas Petroleum Company has sufficient insurance cover in the event of a catastrophe. The company has claimed that Lloyds of London has underwritten the insurance. But campaigners with Our Island Our Future coalition claim they have asked Lloyds directly. First Lloyds said they have no record of cover having been issued in the Lloyds underwriting market. But later agreed that there was cover but declined to detail how much. The issue of insurance is not only alarming local campaigners but also ones in Florida and elsewhere in the Caribbean. The good news for campaigners is that a Supreme Court judge has granted environmentalists leave to seek a judicial review of the government’s approvals for BPC to drill an exploratory well in Bahamian waters. However the courts have not called a halt to the test drilling which is currently underway. It has been discovered that BPC has not yet settled with the government regarding past-due license fees, so potential future benefits to the country are also in question. The Bahamas is highly vulnerable to climate change and extreme weather events. In 2019 it was hit by hurricane Dorian which, according to the Inter-American Development Bank, caused US $3.4 billion or a quarter of the country’s GDP. It may take ten years for the economy to recover. Casuarina McKinney-Lambert, Executive Director of the Bahamas Reef Environment Educational Foundation, said: “Environmentally and economically this oil drilling makes no sense and the investors, especially those who talk the green talk, need to walk the green walk, and walk away from this disaster in the making”. “We need the government to revoke these and any future licenses to drill in the pristine Bahamian waters. Public consultation has been next to zero and it is the people of the Bahamas that will assume all of the risk, and any benefits would be exported out of the country,” she said. Ms McKinney-Lambert said it was also unfathomable that the government could be pressing ahead with this activity as world leaders ready to attend President Biden’s climate Summit on Earth Day in April and nations look to the next, UK-hosted, UN climate conference in November, to step up climate ambition. “The Bahamas facilitating oil drilling contributes to our own destruction. This is akin to being in a sinking ship and begging others to help while simultaneously burning our flotation vests and drilling holes in the hull,” she added. Yesterday the BPC announced that the drilling has not hit large quantities of oil. Ms McKinney-Lambert said it was hoped this might bring an end to this sorry story in the Bahamas: "We now need a full ban on any future oil exploration in Bahamian waters". But BPC noted they will be reviewing their licenses while continuing oil activities in other parts of the Caribbean including Trinidad and Tobago.
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Pinned by We Don't Have Time
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B Lab is aware of the issue and is engaging with Lombard Odier to assess the situation in accordance with our complaint procedures, which you can learn more about here: https://bcorporation.net/complaints B Lab is committed to credible and meaningful action by companies to address the climate emergency and driving companies to commit to net zero emissions by 2030 (https://www.bcorpclimatecollective.org/net-zero-2030). In addition to being required to recertify every three years in order to ensure companies remain in compliance with our standards, B Lab also has mechanisms in place to review particular issues in between a company’s certification terms to determine whether additional action may be required. At the core of B Corp Certification requirements is the B Impact Assessment, a comprehensive measure of a company’s social and environmental performance, which includes a series of questions specific to the finance industry on topics such as investment screening criteria, assets under management, shareholder advocacy, etc. Companies are required to achieve an overall verified score of an 80 to be a Certified B Corporation. In addition to this scored component, there is also a separate review for practices or controversies that may affect a company’s eligibility, which you can learn about here: https://bcorporation.net/controversial-issues While to date companies have not been required to have specific minimum practices in order to achieve the score of 80, in recognition of our Declaration of a Climate Emergency (https://www.bcorpclimatecollective.org/news/cop25-b-corp-commitment-netzero2030), and the pressing issues the world is facing today, B Lab has also initiated a review of our certification requirements (https://bcorporation.net/news/message-b-corp-community-and-all-interested-parties) with the potential of adding in specific minimum practices on key issues. An initial consultation phase of this process has just concluded, and will continue to be developed over time. Like B Corps, B Lab strives to be continually improving and learning, and your feedback is always welcome. Best, The Team at B Lab
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Alot should be done to STOP IT!
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B Corp addresses many parts together of sustainability in Environment, Social, and Governance. So a single negative environmental impact will not disqualify if there are many more positive impacts. However, B Corp does adjust the methodology periodically, and people may submit a suggested change as well Certification is also periodic, every three years, so a company can be removed as a B Corp if they don't meet the threshold.
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Any government official who allows oil or gas exploration should be forced to debate their own children on live television about why this is a good or bad idea. If they have no children I'm sure we could find some kids who would be willing to debate them.
Nicholas Nuttall
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These days everyone is storing photos and videos on their phones and their computers — these billions of images on multiple devices are contributing to emissions from the internet approaching those from aviation . This campaign is asking people on #Earthday2020 to do a Digital CleanUp’ .. go to digital.worldcleanupday.org
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Dear Nicholas Nuttall Thank you for getting your climate love to level 2! We have reached out to World CleanUp Day United States and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
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We should all be using providers who only use renewable energy. All data centers should be required to advertise where their energy is coming from.
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Just great, I have loads! What a good information, motivation and a brilliant campaign! 🙏🏼 #digitalcleanup
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Scary prospect!