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 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

OCTOBER 18, 2023

The Net Zero Asset Owner Alliance (NZAOA) has called on governments to swiftly implement and intensify climate-related policy that facilitates capital flow towards the net zero transition. C no/low overshoot scenarios to set the ambition level for sub-portfolio and sector targets. At the global level, IPCC 1.5°C

Net Zero 69

Net Zero Global Economy Divestment Climate Change 69

Chris Hall

APRIL 19, 2024

The UK’s Transition Plan Taskforce (TPT) hit a significant milestone last week with the release of its final set of transition plan resources to help businesses mobilise finance for the net zero transition.

Paris Agreement 81

Paris Agreement Net Zero Climate Change Banking 81

3BL Media

SEPTEMBER 28, 2022

It is estimated that $15 trillion a year must be put toward green technologies to meet net-zero emissions. As climate data becomes more democratized, it will provide a better understanding of which ESG initiatives aid progress toward a net-zero world. trillion, even more investment is needed.

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

Richard Matthews

JANUARY 4, 2022

The letter also seeks a net-zero electricity grid by 2035, a 50 percent target for electric vehicle sales by 2030, and a renewed commitment to international climate finance. Under the Paris Agreement, countries were only obliged to update their goals by 2025. trillion in assets, have committed to divest.

Climate Change 102

Climate Change Paris Agreement Waste COP26 102