An analysis of the new ScenarioMIP design for CMIP7 (Van Vuuren et al., 2026), and what it means for science, disclosure standards, banks, lenders and real estate..
Military emissions were exempted at Kyoto and made voluntary at Paris, which leaves roughly 5.5 per cent of global emissions, some 2,750 MtCO2e a year, off the world's climate books. Reconstructed from expenditure data, that footprint would rank as the fourth-largest emitter on Earth, ahead of Russia and larger than aviation and shipping combined. This piece reads the full ledger: operations, the industrial supply chain, reconstruction, lost carbon sinks and the capital diverted from climate finance.
The New Frontier of Real Estate Integrity Decarbonisation and the Residual Emission Challenge In the rigorous pursuit of net zero, the commercial real estate (CRE) sector has reached a defining threshold. While direct mitigation efforts, such as deep energy retrofits and the electrification of heating systems, remain the primary focus of credible climate strategies, an
Is the UK Net Zero Carbon Buildings Standard (NZCBS) the New Arbitrator of Value? The End of Theoretical Sustainability The United Kingdom real estate market has arrived at a definitive inflection point, marking the transition from a period of fragmented, voluntary green certifications to a rigorous, science-based performance regime. For decades, the lack of a unified
The New Pragmatism in Capital Allocation The transition from 2024 to 2026 has marked a quiet but profound revolution in the corridors of global finance. If the early 2020s were defined by the enthusiastic, often imprecise, language of “ESG” (Environmental, Social, and Governance) pledges and carbon-neutral targets, the current era is defined by a rigorous,
The Sustainability Professional’s Guide to Global Finance Introduction By the end of 2025, the artificial partition that once separated the disciplines of “sustainability” and “finance” has not merely fractured; it has been dismantled entirely. For decades, sustainability professionals, comprising engineers, ecologists, atmospheric scientists, and policy experts, operated in a parallel sphere to the capital markets.
Over 10,000 companies have signed up for Science-Based Targets, marking a huge win for climate action. But a deep-seated flaw in the rules could be setting the entire system up to fail If you follow the world of corporate climate action, you’ve heard of the Science Based Targets initiative (SBTi). In just a few years, it’s
Carbon Offsets: A Flawed Solution, According to New Research For years, carbon offsetting has been promoted as a key tool in the fight against climate change. The concept is simple: compensate for emissions by investing in projects that reduce or remove greenhouse gases elsewhere. However, a comprehensive research paper by Joseph Romm, Stephen Lezak, and
World’s Top Courts Issue Landmark Rulings on Climate Change Two of the world’s most important courts have made major rulings on climate change. In 2024 and 2025, these courts clarified the legal duties that countries have to protect the planet for current and future generations. These landmark opinions create a strong, enforceable legal framework for