3BL Media

DECEMBER 9, 2023

This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to net zero by 2050 while assuring long-term financial results for its pensioners.

Net Zero 147

Net Zero Stranded Assets Climate Change Manufacturing 147

Chris Hall

SEPTEMBER 29, 2023

According to the International Energy Agency , the world needs to cut 90% of coal use by 2050 and phase out all unabated coal power plants by 2040 to achieve net-zero emissions and avoid the worst impacts of climate change. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.

Development 68

Development Net Zero Supply Chains Supply Chain 68

3BL Media

MAY 17, 2022

The financial system is increasingly seen as crucial to averting such a scenario – not only to shift toward green investments, like renewable energy, but also to reallocate capital from fossil fuel-related investments to be consistent with net-zero goals. Today, we need three to six times more investment to maintain a livable climate.

Net Zero 130

Net Zero Climate Change Stranded Assets Supply Chains 130

ESG Today

JANUARY 25, 2023

Build more investor confidence in green infrastructure projects The greatest fear that many investors have around investing in green infrastructure projects is that they become “stranded assets.” As a result, the private sector will have to invest in the new infrastructure needed for sustainable development goals.

Stranded Assets 102

Stranded Assets Paris Agreement Net Zero Supply Chains 102

ESG Today

JULY 25, 2023

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

Stranded Assets 84

Stranded Assets Net Zero Clean Technology Global Economy 84

Chris Hall

FEBRUARY 3, 2023

Research by the International Energy Agency (IEA) shows that a major push on energy efficiency could save the equivalent of China’s annual energy usage, as well as 33% of the total additional net zero emission reductions required by 2030. It is also a positive stimulator of growth.”

Net Zero 98

Net Zero Stranded Assets Banking Development 98

Chris Hall

JUNE 23, 2022

Carbon Tracker suggested changes to listings rules would reduce investors’ exposures, as would the further development of alternative indexes. . This could lead to vast amounts of stranded assets if oil, gas and coal companies continue with business as usual. . C, in line with the Paris Agreement goal. . “If

Net Zero 40

Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

MAY 7, 2024

Mining giant BHP’s bid to acquire Anglo-American would create the world’s biggest shipper of metallurgical coal and a global mega-polluter, exposing shareholders to stranded asset risk as the world moves away from fossil fuels, a think tank has warned. German think tank Agora also predicts that DRI will outcompete CCUS.

Stranded Assets 58

Stranded Assets Net Zero Manufacturing Banking 58

We Mean Business Coalition

NOVEMBER 8, 2022

Will the promised $100 billion per year be delivered by wealthier countries to enable developing countries to cut emissions and adapt to climate impacts? . Innovative thinking that develops new models of cooperation can also effectively channel private finance to the places it is most needed. What are the barriers to action?

Net Zero 52

Net Zero Stranded Assets COP26 Greenwashing 52

Chris Hall

FEBRUARY 11, 2022

If you’re struggling to work out whether big oil is serious about reducing carbon emissions in line with net zero 2050 targets, you’re in good company. The UK firm’s updated net zero strategy was hailed by some as a blueprint for the industry, and was welcomed by major investors. But how can you be sure?

Net Zero 52

Net Zero Supply Chains Supply Chain Stranded Assets 52

Chris Hall

MAY 19, 2023

Yet, despite this uncertainty, decarbonisation is a megatrend; driven by the need to reach net zero by 2050 if the world is to avoid catastrophic climate change. Meanwhile, the EU recently announced the Net Zero Industry Act to rival this plan, and “make Europe the home of cleantech and industrial innovation on the road to net zero”.

Net Zero 52

Net Zero Stranded Assets Development Decarbonize 52

3BL Media

AUGUST 23, 2022

In the eBook, Black & Veatch’s water and energy experts propose that developing robust decarbonisation roadmaps will help mining companies manage and understand limited budgets, technology timelines and complex regulations over potentially a 30-year span, a timeframe similar to making major infrastructure investments.

Stranded Assets 100

Stranded Assets Net Zero Development 100

Chris Hall

MAY 27, 2022

The private sector’s ability to accelerate the pace of net zero transition is open to question. Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

APRIL 14, 2023

This year, investors filed resolutions at seven major US and Canadian banks — Bank of America, Citibank, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells Fargo, and Royal Bank of Canada — urging these banks to adopt policies to phase-out clients engaging in new fossil fuel exploration and development.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

Chris Hall

AUGUST 23, 2023

To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy. International adaptation finance flows to developing countries are ten times below estimated needs, according to the UN’s 2022 Adaptation Gap report.

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Envirotec Magazine

SEPTEMBER 17, 2021

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. This stands in contrast with China’s domestic energy policy, which is prioritizing a transition to renewable energy, peak emissions before 2030 and a net-zero economy by 2060.

Net Zero 52

Net Zero Stranded Assets COP26 Development 52

Chris Hall

MARCH 13, 2023

CCUS and blue hydrogen inclusion seen as slowing Canada’s net zero transition, while finance leaders urge stakeholders to “get on with it”. Produced by Canada’s Sustainable Finance Action Council (SFAC) , the proposed framework outlines two categories for sustainability-focused investments.

Net Zero 52

Net Zero Stranded Assets Development Greenwashing 52

Chris Hall

APRIL 21, 2023

This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

Chris Hall

MAY 4, 2022

It is a truth universally acknowledged that a company transitioning to net zero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a net zero journey? UK proposals to mandate climate transition plans are part of wider scrutiny effort. .

Net Zero 52

Net Zero Carbon Offsets Paris Agreement Climate Change 52

Chris Hall

JUNE 21, 2023

Beyond disclosure According to Segal, the intent of CAFA is to go “beyond disclosure” by requiring financial institutions of all types to align capital with climate action. “[The bill] places assurance that financial institutions will develop transition plans that align with keeping warming below 1.5°C,” C,” she said. “It billion (US$4.7

Banking 97

Banking Net Zero Stranded Assets Climate Change 97

Sustainability Matters

MARCH 20, 2023

Lesley Hughes , Climate Councillor, former IPCC author and Distinguished Professor of Biology at Macquarie University, labelled Australia as one of the most vulnerable developed countries to the impacts of climate change. As a nation, she said Australia has much to lose and everything to gain by acting decisively to get emissions plummeting.

Climate Change 40

Climate Change Stranded Assets Net Zero EPA 40

Chris Hall

MARCH 31, 2023

Even so, we have developed a pipeline of over ten large nature-based solutions to be financed during 2023, with an overall potential of 40,000 hectares of agroforestry and productive restoration. It’s part of our fiduciary duty to be at the forefront of efforts to scale up and re-allocate capital. Yet the world is changing.

Net Zero 98

Net Zero Supply Chains Supply Chain Stranded Assets 98

Chris Hall

APRIL 25, 2022

Speaking at the City Week financial services symposium in London, she echoed the views of the UN-convened Net Zero Asset Owner Alliance (NZAOA) that 1.5°C C alignment requires asset owners to engage with corporate value chains, policymakers and asset managers. . Collaborative mindset . C,” he said.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

APRIL 14, 2023

trillion in AuM that have committed to transitioning their investment to achieve net zero portfolio GHG emissions by 2050 and drawing on the Net Zero Investment Framework to deliver on that commitment. Stranded assets AP7 is a member of the Paris Aligned Asset Owners Initiative, a global group of 56 asset owners with over US$3.3

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Corporate Knights

JULY 25, 2023

Officials cast it as one major part of a process that also includes a phaseout of public financing for domestic fossil fuel projects through Crown agencies like Export Development Canada. Those guidelines are due to be released in 2024. In a release Monday, Oil Change International placed the total at $50 billion since 2019.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

JULY 31, 2023

A groundswell of concern is developing around the soundness of economic research used to underpin climate-related risk and investment models.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

Chris Hall

OCTOBER 27, 2023

For a large cap equity team that holds blue chip companies in developed markets, it’s fairly straightforward to provide the necessary climate data, because service providers tend to cover that space pretty well, but it gets difficult with small cap or emerging markets,” he said.

Net Zero 82

Net Zero Supply Chains Supply Chain Stranded Assets 82

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

Climate Change 264

Climate Change Decarbonize Stranded Assets Paris Agreement 264

Chris Hall

SEPTEMBER 8, 2022

Not the least of these developments is the shifting profile of the market, from one dominated by charitable institutions and public sector bodies to one that accommodates harder-headed investors looking for top-class returns alongside positive outcomes. She cites as an example the re-development of King’s Cross in London.

Impact Investing 52

Impact Investing Stranded Assets Net Zero Development 52

We Mean Business Coalition

NOVEMBER 22, 2021

Many have set science-based targets aligned with 1.5ºC, others are starting their journey to net-zero. For business, investments in fossil fuels are now far riskier because the market expects them to become stranded assets in the foreseeable future. The Glasgow Pact has given them the direction of travel.

COP26 52

COP26 Paris Agreement Net Zero Stranded Assets 52

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

AUGUST 25, 2023

From Stockholm to Vancouver, developments this week pointed to some of the challenges awaiting climate negotiators in Dubai. A selection of this week’s major stories impacting ESG investors, in five easy pieces.

Stranded Assets 52

Stranded Assets Net Zero Development Impact Investing 52

Richard Matthews

FEBRUARY 21, 2022

According to a report published by Ceres , the Net Zero Asset Managers initiative has grown to 128 investors who collectively manage $43 trillion. Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. More Funds Diverted to Sources of Renewable Energy.

Impact Investing 77

Impact Investing Value Creation Net Zero Stranded Assets 77

Chris Hall

MAY 11, 2022

For example, a decision not to invest in a high-carbon asset because of financial concerns about stranded assets is likely to be seen as consistent with fiduciary duties, providing that the decision is based on credible assumptions and robust processes. Are returns no longer first among equals?

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

Chris Hall

MARCH 2, 2022

Regardless of geopolitical developments, decentralised energy systems based on renewable energy sources increase energy independence and security, while lowering costs for end-consumers and contributing towards the decarbonisation of economies,” says Marco van Daele, Co-CEO and CIO at SUSI Partners, a Swiss-based infrastructure fund manager.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

Chris Hall

SEPTEMBER 13, 2023

The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty. trillion (US$1.89

Net Zero 89

Net Zero Climate Change Stranded Assets Green Investing 89

Chris Hall

MARCH 16, 2022

They promote the implementation of UN Sustainable Development Goal 14 (Life Below Water), and set out ocean-specific standards, allowing the financial industry to mainstream sustainability of ocean-based sectors. Launched in 2018, they act as a global guiding framework for banks, insurers and investors. What activities should investors avoid?

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98