Remove Academics Remove Climate Change Remove Greenwashing Remove Sustainable Investment
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Regulators Turn to Tech to Tackle Greenwashing

Chris Hall

FCA-hosted TechSprint aims to harness technology innovation to outpace adverse impacts of greenwashing in financial services. At yesterday’s culmination of the Global Financial Innovation Network’s (GFIN) first Greenwashing TechSprint , awards were presented based on different criteria.

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Most Canadians want their investments to align with climate action

Corporate Knights

It committed to a green and transition taxonomy (a classification system for investments) and mandatory climate-related disclosure from large private companies. It also proposed to tackle greenwashing by strengthening competition law. Climate finance policies like CAFA have support.

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Show Your Working

Chris Hall

Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainable investments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5

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An Increasing Sense of Urgency

Chris Hall

These long-held principles of sustainability have filtered down to the world of investment. According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016.

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Filling Canada’s Policy Void

Chris Hall

This March, Canadian Prime Minister Justin Trudeau told a sustainable business forum in Vancouver “things have changed” since the country signed up to the Paris Agreement on climate change. Finance is still an overlooked frontier for climate policy in Canada. But she adds: “That’s only for climate disclosures.

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Let the Climate Finance Flow

Chris Hall

The magnitude of private sector firepower committed to addressing climate change now lies broadly in line with requirements to reach a low-carbon economy. It explains why activists and the public demand that the finance sector does more to address climate change.

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A Realist’s Guide to Investing for Good

Stanford Social Innovation

In fact, almost 85 percent of individual investors say they are interested in sustainable investing and more than three quarters believe they can use their investments to influence the extent of climate change. Traditionally, most experts in finance and economics thought this was an impossibility.