Remove 2023 Remove Net Zero Remove Stranded Assets Remove Supply Chains
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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Financial institutions have a major role to play in decarbonising the economy toward net zero over the coming three decades.

Net Zero 147
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The Largest U.S. Pension Fund Just Rolled Out a Climate Transition Plan Focused on Risk and Opportunity

3BL Media

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
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Creativity and Collaboration Vital to Finance Nature

Chris Hall

For example, Brazilian meatpacker JBS has set science-based climate targets and are aiming to have full supply chain traceability by 2025. 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.

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IGCC Devises Climate Resilience Strategy

Chris Hall

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. Further, only 9% have implemented a response to their physical risk exposure.

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Priorities for Financing Early Coal Retirement in Developing Countries

Chris Hall

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.

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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. On 7 July, at the 80 th Meeting of the Marine Environment Protection Committee (MEPC 80), IMO member states endorsed the regulator’s ‘ 2023 IMO Strategy on Reduction of GHG Emissions from Ships ’.

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Investors Search for Answers

Chris Hall

Nature is at the base of every supply chain. For now, business understanding and disclosure of nature risk – both from investee firms’ direct operations and along their supply chains – is patchy at best, with firms in the APAC region lagging global peers. Ecosystem services are absolutely critical to the creation of GDP.