Good morning, this is Kasmira, with your sustainable business and finance news.
The World Trade Organization's Trade for Peace week came to a close on Friday - we take a look at the key takeaways. The ILO's biennial wage report showed women workers are among the hardest hit by the Covid-19 crisis.
And while some question the merits of carbon offsetting schemes, United Nations' special envoy for climate finance Mark Carney called the market an "imperative" if the world is to reach net-zero carbon emissions.
In September, Airbus unveiled the three zero-emission concept aircraft known as ZEROe.
Airbus bets on hydrogen to deliver zero-emission jets.
The European planemaker has given itself five years to develop a commercially viable aircraft that doesn't pollute the sky. “Hydrogen is the most promising energy type to allow us to power aircraft and aviation with renewable energy,” says Glenn Llewellyn, the engineer leading Airbus’ moonshot experiment.
Carney calls for ‘$100bn a year’ global carbon offset market.
Mark Carney, the UN special envoy for climate finance and former Bank of England governor, has thrown his weight behind efforts to create a global carbon offset market, calling it an “imperative” to help reduce emissions.
Women working at a traditional pottery workshop in Indonesia, 01 December 2020. ILO report finds women account for the biggest proportion of workers in the worst-hit sectors by the pandemic.
Covid-fuelled wage inequality risks widening the gender gap, ILO warns.
The UN agency’s Global Wage Report published last week found that wages fell or stagnated in the first six months of the year in two-thirds of the countries it monitors, with lower-paid workers and women hit the hardest.