Corporate Knights

SEPTEMBER 16, 2022

In a report released the same day, the three advocacy groups recommend that Ottawa ’ s banking regulator require financial institutions to adopt a “ credible climate plan ” that would include interim targets for 2025 and 2030. .

Banking 361

Banking Greenwashing Net Zero Climate Change 361

Chris Hall

NOVEMBER 3, 2023

Thierry Philipponnat, Chief Economist at Finance Watch, warns that economic modelling must evolve to prompt policymakers to take action on climate. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy. The purpose is to evaluate the impact of climate change on the financial system.

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Paris Agreement Climate Change Stranded Assets Global Economy 94

ESG Today

MARCH 14, 2024

Commenting on the updated targets, Follow This founder Mark van Baal accused the company of “backtracking” on its climate ambitions, putting the company’s future at risk “through policy interventions, disruptive innovation, stranded assets, and accountability for the costs of climate change.”

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Net Zero Stranded Assets Paris Agreement Climate Change 92

3BL Media

SEPTEMBER 29, 2023

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.

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Net Zero Divestment Banking Stranded Assets 147

Chris Hall

JULY 14, 2023

Global temperatures are set to hit record-breaking levels this summer, with regions of persistent high pressure creating heat domes across several southern US states in June, posing health risks to millions of Americans. trillion, or 6.8% of global GDP, in 2020, and are expected to increase to 7.4%

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Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

AUGUST 23, 2023

The EU’s FuelEU Maritime initiative is also set to apply from 1 January 2025. Starting at a 2% reduction in 2025 compared to 2020 intensity levels, it will increase to 6% by 2030, and eventually reach 80% in 2050. Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play?

Shipping 81

Shipping Net Zero Stranded Assets Development 81

We Mean Business Coalition

NOVEMBER 12, 2021

SATURDAY 13 NOVEMBER – This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . The Glasgow Climate Pact represents a vital step in our shared efforts to keep global warming to 1.5 °C C and implement the Paris Agreement and will be welcomed by the business community.

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COP26 Net Zero Paris Agreement Development 88