ESG Today

SEPTEMBER 7, 2023

Energy costs under the other scenarios surpass the accelerated scenario in 2025, however, peaking around 2028 under the late-push scenario, and continuing to rise beyond 2030 in the delayed scenario. The impact on banks’ businesses would largely be a result of the transition effects on the companies and households which they loan to.

Banking 130

Banking Paris Agreement Green Investing Manufacturing 130

Chris Hall

OCTOBER 10, 2024

Lenders are urged to end fossil fuel expansion and convert targets into “meaningful commitments” as US banks fall behind international peers. Action by banks to reach net zero emissions and meet climate goals is “insufficient”, according to two reports which also highlight significant gaps in the policies guiding the sector’s transition.

Banking 72

Banking Net Zero Paris Agreement Climate Change 72

Chris Hall

DECEMBER 12, 2023

of the Paris Agreement will realise the potential of carbon markets globally, but progress remains slow. For the latter, the World Bank intends to “unlock the most critical bottlenecks”, including efforts to bring clarity to carbon markets to build trust. Finalisation of Article 6.2,

Paris Agreement 75

Paris Agreement Net Zero Carbon Offsets Banking 75

Chris Hall

AUGUST 21, 2024

A portion of the bond’s target investment returns will be linked to the value of the CRUs generated by these projects – with bondholders paid from 2028-33. The World Bank will use its AAA credit rating to direct US$36 million of capital to Brazil-based Mombak, a company which supports reforestation projects across the country.

Banking 69

Banking Paris Agreement Climate Change COP26 69

James Militzer

OCTOBER 10, 2022

The World Bank estimates that the lack of progress on clean cooking costs the world more than $2.4 Nearly 70 countries have already included household energy or clean cooking-related goals as part of their climate plans through the Paris Agreement.

Climate Change 98

Climate Change Paris Agreement Development Banking 98

Chris Hall

OCTOBER 20, 2023

Its key findings, released in a Synthesis Report in September, lay bare just how far the world is from achieving the Paris Agreement’s goals and emphasise the closing window of opportunity. While the report highlights progress that has been made since the Paris Agreement — global temperatures are now expected to rise by 2.4-2.6

Paris Agreement 59

Paris Agreement Climate Change Zero Carbon Development 59

GreenBiz

JANUARY 11, 2021

Mason, who was raised in Queens, is one of the few senior Black executives in banking, at Citi since 2001 in a slate of leadership roles including CEO of Citi Private Bank. The toymaker seeks to cut normalized carbon emissions in half by 2028. In 2019, it followed an inaugural €1 billion bond with a $1.5 billion U.S.

Supply Chain 506

Supply Chain Supply Chains Waste Net Zero 506