Chris Hall

NOVEMBER 3, 2023

C by 2027. Breaking with tradition Finance Watch’s latest report , released this week, underscores the stark reality of rising climate risks and calls for economic models that do not mislead, scenario analyses that prepare the market, and a new prudential tool to address the build-up of systemic climate risk.

Paris Agreement 94

Paris Agreement Climate Change Stranded Assets Global Economy 94

Chris Hall

SEPTEMBER 29, 2023

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.

Development 69

Development Net Zero Supply Chains Supply Chain 69

Chris Hall

AUGUST 23, 2023

Both measures are due to be finalised in 2025 and come into force from 2027. “The adoption of the [strategy] is a monumental development for the IMO and opens a new chapter towards maritime decarbonisation,” said IMO Secretary-General Kitack Lim. “At the same time, it is not the end goal.

Shipping 81

Shipping Net Zero Stranded Assets Development 81