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Net Zero Action Depends on Public-Private Cooperation

Chris Hall

Investors have made pledges towards net zero, they are taking action by engaging with companies, and are increasingly vocal and responsible stewards of the capital they manage. Addressing system-level risks and considering climate goals is not only permitted but may be required by existing investor duties and obligations.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

The proposed solution for net zero targets and progress aims to improve transparency and accountability, but will need to consider existing guidance. The Recognition and Accountability Framework for non-state actors and a draft implementation plan were unveiled at Bonn by UN Climate Change (UNFCCC).

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

3BL Media

July 25, 2023 /3BL/ - A new report released today by the Ceres Accelerator for Sustainable Capital Markets and the California Department of Insurance reveals that insurance companies are pursuing a wide variety of strategies to manage the increasing risks associated with climate change. Climate Risk Management in the U.S.

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AllianceBernstein: Reflections on COP28: Opportunities Amid Challenges

3BL Media

Investors are warming to opportunities stemming from climate change, and other takeaways from COP28. COP28, the latest United Nations Conference of the Parties on climate change, delivered mixed results on some key agenda items but provided new insights into climate-related opportunities and the initiatives needed to implement them.

UNEP 147
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Nature, Climate Integration Key to Net Zero Transition – F4B

Chris Hall

New guidance from the Finance for Biodiversity (F4B) initiative encourages institutional investors to give equal weight to climate and nature-related factors in their portfolio assessments and reporting. Equally, one cannot accurately assess nature-related risks without considering climate,” the report added.

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Capital Flows not Supporting Nature Commitments

Chris Hall

“Investors and companies are increasingly setting climate and nature targets, but once those are in place, they need to be thinking more about how to redirect capital [in line with these goals],” Ivo Mulder , Head of the Climate Finance Unit at the UN Environment Programme (UNEP), told ESG Investor. trillion in 2022.

UNEP 122
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The ESG Interview: Dancing into the Mainstream

Chris Hall

Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”.