Remove 2025 Remove Climate Change Remove Green Bonds Remove Paris Agreement
article thumbnail

Reflecting on COP27's Loss and Damage Fund Agreement

3BL Media

DESCRIPTION: Talk of progression and urgent solutions reverberated throughout the COP27 crowd, during the long-drawn-out summit, as leaders made a desperate bid to clinch climate deals. degrees Celsius (above pre-industrial levels) as outlined in the landmark Paris Agreement, through a collection of decisions.

article thumbnail

AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway by 2050, in support of the Paris Agreement. AB believes that climate risk is an investment risk, and it’s essential to consider the material, physical, and transition risks and opportunities of issuers the firm invests in. AB publishes its annual Climate Change Statement & TCFD Report on our website.

Net Zero 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Time to Ramp up Bondholder Engagement with Sovereigns

Chris Hall

The 2025 deadline for submitting new nationally determined contributions opens the door for sovereign debtholders to push for credible net zero transition plans. At this year’s COP29 in Azerbaijan, the governments of developed countries will be required to establish a new climate finance goal.

article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Finance climate action Financing climate action can take many forms, such as green bonds or sustainability-linked loans.

Net Zero 147
article thumbnail

ESG Explainer: China’s Climate Challenge

Chris Hall

At the Leaders Climate Summit in April 2021, President Xi Jinping announced that China would control coal generation until 2025 when it will start to gradually phase it out. Independent analysts Climate Action Tracker estimate China’s emissions to have been 13.8 Climate Action Tracker also noted that China commissioned 38.4

article thumbnail

Does Asia Need a Unified ESG Taxonomy?

Chris Hall

Sustainable bond issuance in Asia ex-Japan rose to a record US$85 billion in 2021, according to Refinitiv data, and the market is expected to almost double in 2022, and quadruple by 2025. . Conditions are also “ripe”, as a Moody’s report asserts, for the increased issuance of sovereign sustainable bonds in the region. .

article thumbnail

More Relief than Regret as Montreal Fails to Make it Mandatory

Chris Hall

The GBF’s Goal D, on implementation, contained an unambiguous commitment to aligning public and private financial flows to its overall objectives, with supporting language in the enabling targets, analogous to the Paris Agreement clauses that put climate change on the global agenda in 2015. “We billion by 2025.