Impakter
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • Industry News
    • Entertainment
    • Fashion & Lifestyle
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy
No Result
View All Result
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • Industry News
    • Entertainment
    • Fashion & Lifestyle
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy
No Result
View All Result
Impakter
No Result
View All Result
Home Environment Climate Change

5 Climate Breakthroughs in 2023

From the America's IRA to the EU's anti deforestation measures, here are some of the most important climate breakthroughs in 2023

byDiana Croce
January 5, 2024
in Climate Change
A protester marching with a sign.
Share on FacebookShare on Twitter

Popular wisdom says that it’s easy to focus on the negatives. In 2023, it might have been easier than ever as climate change and El Niño made it the hottest year on record. It was also a year of extreme weather events that caused at least 12,000 deaths globally and COP28, which carried a lot of expectations but ended without enough positive for experts to say.

But 2023 was also a good year for climate advocacy. Some of the regulations passed during the year might help make our economy more sustainable. And new international collaborations might bring a more global perspective on climate change.

Time will tell how important those breakthroughs will be. For now, here are the most important climate change advances in 2023.

First effects of the Inflation Reduction Act

The Inflation Reduction Act was passed back in August of 2022. But it wasn’t until the start of 2023 that we saw it go into effect. At $370 billion, the IRA is the biggest climate investment ever made by a single country.

One of the stated goals of the IRA is to reduce carbon emissions by 40% before 2030. Another is to make it easier for most Americans to afford an electric vehicle. The details are complex, as they need to be. But here’s a simple example: Qualified individuals will receive up to $7,500 in tax credits following the switch to an electric vehicle.

Climate lawsuits multiplied throughout the year

From producers of forever chemicals to single-use plastic makers, 2023 was a year of massive lawsuits against big polluters. A key aspect here is how common they’re starting to become.

In the last ten years or so, PFAS producer DuPont has accrued over 6,000 lawsuits.

More recently, in November, New York State sued PepsiCo for its indiscriminate use of single-use plastic. The company was named one of the area’s worst polluters, especially on the Buffalo River. And just one week prior, several food companies were sued for their allegedly false claims about using recycled plastic.

In 2023, the European Consumer Organization sued Danone, Nestlé, and Coca-Cola for their allegedly misleading claims on recycling. While the companies claim that their single-use plastic is entirely recycled and recyclable, the truth could be very different.

Commenting on the accusations, all three companies noted that they are progressing toward sustainability. Noticeably, none of them argued that their bottles were infinitely recyclable, which is the misleading rhetoric they are accused of.

Ocean protection treaties now aim for 30% by 2030

Until recently, only 1% of high waters, the oceans that lie outside of any country’s jurisdiction, were protected by international treaties.

In 2023, after almost two decades of talks, the United Nations (UN) countries agreed on a legally binding, High Seas Treaty to expand coverage to 33% by 2030 and protect marine life in the high seas.


Related Articles: Top-Funded Startups in 2023: The Sustainable vs Business-as-Usual | How to Describe 2023 in Two Words? Global Boiling | COP28: Our Biggest Failure in 2023

It’s important to remember that, for now, the treaty is just a promise. It will come into effect once 60 countries write the proposal into law, but it’s still unclear what the details will be. The objective is to rationalize and share ocean resources, but that’s easier said than done.

The EU increased anti-deforestation measures

Indirectly, and mostly outside Europe. As a result of the regulation, some agricultural products must prove they didn’t contribute to deforestation before being sold. The Bloc is one of the biggest importers of deforestation-derived goods, second only to China. That’s why legislation like this has the opportunity to change things.

This anti-deforestation regulation seeks to guarantee that products on EU markets don’t contribute to deforestation. To do this, many agricultural products that come from recently deforested land or contribute to deforestation can’t be imported or exported.

According to the EU, the regulation will reduce carbon emissions by 32 million metric tons every year. The deforestation regulation also protects forests from degradation. It does this regardless of the laws of the country in which it is produced.

Many large agricultural exporters don’t have laws against deforestation, and some estimate that 30% of agricultural deforestation is legal.

Loss and damage fund launched at COP28

In a smaller-than-needed win for climate justice, countries at COP28 agreed to finally launch the loss and damage fund. The areas around the world where the impacts of climate change have been felt the most are often poor and not highly industrialized. Meanwhile, the countries that contribute the most are the ones that became rich in part thanks to their heavily polluting industries.

The loss and damage fund aims to help the countries most affected by climate change to recover from its impacts.

In Bangladesh, another relief fund has already done the same thing. Like in many other places, climate change in Bangladesh is projected to get much worse. Over 13 million people might be displaced by 2050.

So far, around USD 700 million has been pledged. While this is a massive sum, it’s not nearly enough to deal with the increased damage caused by climate change.


Editor’s Note: The opinions expressed here by the authors are their own, not those of Impakter.com — In the Featured Photo: A protester marching, carrying a sign. Featured Photo Credit: Mika Baumeister.

Tags: Climate breakthroughsClimate ChangeInflation Reduction ActIRA
Previous Post

Starbucks Is Now Accepting Reusable Cups for Nearly All Orders in the US

Next Post

How Empowering Kids Can Help Protect Them From Abuse

Diana Croce

Diana Croce

Diana Croce is a journalism student and a freelance writer specializing in entertainment and technology. She likes to find the small, human elements behind the headlines. She also likes cats and video games.

Related Posts

Europe Green Deal
Climate Change

Why Europe’s Green Deal Needs a Social Upgrade

June 18, 2025
green buildings
Architecture

Green Building Ratings Crucial to Address Climate Change

June 16, 2025
g7
Climate Change

The G7 at a Crossroads

June 12, 2025
Next Post
Keeping kids safe from abuse isn’t about teaching “stranger danger” or “tricky people.” It’s far less simplistic.

How Empowering Kids Can Help Protect Them From Abuse

Recent News

Shein sees a giant increase in carbon emissions in 2024

Shein’s Carbon Emissions Skyrocket in 2024: What’s Behind the Surge?

June 18, 2025
ESG news regarding Musk’s xai air pollution lawsuit, australia’s new sustainable finance taxonomy, brazil’s research into offshore drilling, and investment coalition with $9.5 trillion in assets calling for an end to deforestation

Musk’s xAI Could Face Lawsuit Over Air Pollution

June 18, 2025
Europe Green Deal

Why Europe’s Green Deal Needs a Social Upgrade

June 18, 2025

Impakter informs you through the ESG news site and empowers your business CSRD compliance and ESG compliance with its Klimado SaaS ESG assessment tool marketplace that can be found on: www.klimado.com

Registered Office Address

Klimado GmbH
Niddastrasse 63,

60329, Frankfurt am Main, Germany


IMPAKTER is a Klimado GmbH website

Impakter is a publication that is identified by the following International Standard Serial Number (ISSN) is the following 2515-9569 (Printed) and 2515-9577 (online – Website).


Office Hours - Monday to Friday

9.30am - 5.00pm CEST


Email

stories [at] impakter.com

By Audience

  • TECH
    • Start-up
    • AI & MACHINE LEARNING
    • Green Tech
  • ENVIRONMENT
    • Biodiversity
    • Energy
    • Circular Economy
    • Climate Change
  • INDUSTRY NEWS
    • Entertainment
    • Fashion & Lifestyle
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
    • Editorial Series

ESG/Finance Daily

  • ESG News
  • Sustainable Finance
  • Business

Klimado Platform

  • Klimado ESG Tool
  • Impakter News

About Us

  • Team
  • Global Leaders
  • Partners
  • Write for Impakter
  • Contact Us
  • Privacy Policy

© 2025 IMPAKTER. All rights reserved.

No Result
View All Result
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • Industry News
    • Entertainment
    • Fashion & Lifestyle
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy

© 2024 IMPAKTER. All rights reserved.