article thumbnail

AllianceBernstein: Reflections on COP28: Opportunities Amid Challenges

3BL Media

This is well below the US$387 billion a year that developing countries need, according to the United Nations Environment Programme (UNEP)’s Adaptation Gap Report. One of the ways to increase funding, according to UNEP, is for the Loss and Damage Fund to move toward more innovative financing mechanisms. MDBs provided about US$5.5

UNEP 147
article thumbnail

Integrated Tools Helping FIs’ Assess Climate Risks

Chris Hall

Mind the gap UNEP FI’s report flagged the conclusions of the European Central Bank’s thematic review on climate risks, which said that the current integration of climate risks into risk management frameworks is “inadequate” and that greater levels of integration are needed.

UNEP 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Week’s Tech and Tools News: WWF Launches Biodiversity Risk Filter 

Chris Hall

ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including WWF, UNEP, S&P Global Sustainable1, ISS ESG, and CHOOOSE. The World Wildlife Fund (WWF) has launched a Biodiversity Risk Filter, which looks to aid companies in tackling nature-related risks. Karen Ellis, WWF’s Chief Economist.

UNEP 52
article thumbnail

New Report Highlights U.S. Insurance Sector's Efforts in Addressing Climate Change Risk

3BL Media

It spurs action on climate change as a systemic financial risk—driving the large-scale behavior and systems change needed to achieve a net zero emissions economy through key financial actors including investors, banks, and insurers. ET Thursday, July 27. For more information, visit ceres.org and ceres.org/accelerator and follow @CeresNews.

article thumbnail

CFA Launches Climate and Investing Qualification

Chris Hall

Financial institutions still don’t have expertise to handle net zero transition, according UNEP FI-backed report. The qualification was subject to a pilot phase involving candidates across 60 different firms, including asset managers, asset owners, consultants and banks.

article thumbnail

On the Edge of the Abyss

Chris Hall

Dana Sasarean, Associate Director of Mining Research at ESG research, ratings and analytics firm Sustainalytics, is concerned about transparency. “Even if we get to the point where we figure out how to do DSM safely and sustainably, how do investors then verify that the mining process is happening in line with these expectations?

UNEP 98
article thumbnail

TNFD Vital to “Operationalise” GBF’s Target 15

Chris Hall

The Taskforce for Nature-related Financial Disclosures (TNFD) has published its final recommendations for nature-related risk management and disclosure, serving as a tool to “operationalise” the achievement of Target 15 of the Kunming-Montreal Global Biodiversity Framework (GBF). According to Tony Goldner, Executive Director of TNFD, the recommendations (..)

CDP 64