GreenBiz

FEBRUARY 15, 2021

Biden already has rejoined the Paris Agreement, committed to advocating for environmental justice and rolled out a government-wide focus on racial justice. They also have been long-term investors in community banks and credit unions that are addressing economic and racial inequality in urban, rural and Indigenous communities.

Paris Agreement 315

Paris Agreement Sustainable Investment Net Zero Climate Change 315

Chris Hall

APRIL 21, 2023

AGMs to be held by Citi, Wells Fargo, and Bank of America on 25 April, and by Goldman Sachs on 26 April, are seen as key indicators of investment sentiment.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

Chris Hall

FEBRUARY 14, 2023

The alliance says: “Companies need to work now to develop and implement credible transition plans aligned with the Paris Agreement.” In a report Reclaim Finance notes that a tightening of the Race to Zero criteria “led to a pushback from some GFANZ members, and especially the big US banks ”.

Net Zero 52

Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

NOVEMBER 30, 2022

According to a report by the Organisation for Economic Co-operation and Development between 1997-2011 biodiversity and associated ecosystem services losses have already cost an estimated US$4–20 trillion per year in ecosystem services owing to land-cover change and US$6-11 trillion per year from land degradation.

CDP 52

CDP Paris Agreement Banking Development 52

Chris Hall

FEBRUARY 4, 2022

A former central banker with over 30 years’ experience in financial services, Lindeijer served as Dutch pension provider PGGM’s CIO between 2011-2020 and was responsible for €250 billion in pension funds under management.

Sustainable Investment 52

Sustainable Investment Paris Agreement Analytics Development 52

Chris Hall

JANUARY 20, 2023

Challenges for assessing loss and damage financing The Paris Agreement discusses loss and damage using the phrase “averting, minimising and addressing loss and damage”. One report showed that after floods and landslides in Nepal in 2011, 90% of well-off people sought government support, while only 6% of the very poor did.

COP26 52

COP26 Paris Agreement Climate Change Development 52

Edouard Stenger

NOVEMBER 30, 2018

More recently, another study showed it had to be done in OECD nations to comply with the Paris Agreement targets. Now, installing new wind turbines or solar farms is cheaper than keeping coal fired plants, as per the investment bank Lazard. This basically kills the business case for coal.

Divestment 52

Divestment Paris Agreement Waste Banking 52