New research published by the World Resources Institute (WRI) and Climate Analytics reveals the crucial impact of G20 countries on limiting global temperature rise to 1.5°C.

In the published report, G20 countries, which cause 75% of global greenhouse gas emissions, will cause a temperature increase of 2.4°C in the world by the end of the century with their current climate targets. However, if these countries set ambitious emissions reduction targets for 2030 in line with the 1.5°C target and achieve net zero emissions by 2050, global temperature rise by the end of the century could be limited to 1.7°C.

G20 Countries Have a Impact on Limiting the Temperature Inc. to 1.5°C | Devamı>>>

Yapı Kredi became the first institution to commit to the “Business Ambition for 1.5°C” to the Science Based Target Initiative.

The emission reduction targets to be determined by Yapı Kredi will be publicly announced after verification by the international initiative, the Science-Based Targets Initiative. Thus, the bank, which will play an important role in the fight against climate change, will contribute to the environment in line with the targets of the Paris Agreement, which limits the increase in global warming to below 2°C, ideally to 1.5°C.

Yapı Kredi Commits ‘Business Targets for 1.5°C’ | Devamı>>>

The year-end oil price forecast by the American investment bank JP Morgan was reduced by $5 per barrel.

In the report prepared by JP Morgan, the crude oil price forecast for the end of 2021 was reduced from $83/barrel to $78/barrel.

In addition, the 3rd quarter forecast for global oil demand was reduced by 1 million barrels per day.

Oil Price Forecast by ‘JP Morgan’ Dropped 5 Dollars | Devamı>>>