Carlos Sanchez

NOVEMBER 24, 2021

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

Carbon Offsets 59

Carbon Offsets Net Zero COP26 Climate Change 59

Renewable Energy World

NOVEMBER 24, 2021

Indian Prime Minister Narendra Modi’s announcement in the first days (much to the surprise of Indian observers) that India would reach net zero emissions by 2070 and generate 50% of its energy from renewables by 2030 helped lower that trajectory to 2.4°C. Finance pledges and cries of ‘greenwashing’.

COP26 93

COP26 Net Zero Bend the Curve Greenwashing 93

Renewable Energy World

NOVEMBER 10, 2021

There has been a shift at this year’s summit, from making pledges to reach net zero emissions by 2050 to a focus on actions to cut emissions by 2030. The international financial community formed a broad alliance of firms committed to net zero, attracting accusations of greenwashing. That’s a start.

Net Zero 74

Net Zero COP26 Climate Change Banking 74

Chris Hall

JUNE 22, 2022

On the investment side, many managers have signed up to the Net Zero Asset Managers (NZAM) initiative, are using the Institutional Investors Group on Climate Change’s Net Zero Investment Framework to set and monitor targets, and have joined the investor-led initiative Climate Action 100+. . Phasing down and out .

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

MAY 3, 2022

The effectiveness of asset owner and manager actions in tackling greenwashing by companies is seen as critical to the low-carbon transition. This is despite most of the banks in question and a great many asset managers being members of these coalitions.”. But it is also being questioned due to concerns over scalability and rigour.

Net Zero 52

Net Zero Divestment Greenwashing Banking 52

Chris Hall

OCTOBER 28, 2022

In an accompanying commentary , UNEP Executive Director Inger Andersen said: “I urge every investor, public and private, to put their capital towards a net zero world. It also places considerable store by the ability of the recently announced Net-Zero Data Public Utility to provide transparency on transition progress.

Net Zero 52

Net Zero UNEP Climate Change COP26 52

Chris Hall

SEPTEMBER 27, 2023

The Glasgow Financial Alliance for Net Zero (GFANZ) will be delivering half of the financial commitments made to Indonesia and Vietnam. To support emerging market climate transitions, developed countries and private investors are drawing up an ambitious blueprint, but is it working?

Net Zero 86

Net Zero Development Banking Green Bonds 86

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Goldman Sachs ‘s and Deutsche Bank’s DWS) for exaggerating claims about their products’ sustainability credentials. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends.

Net Zero 52

Net Zero Carbon Offsets Supply Chains Supply Chain 52

Chris Hall

SEPTEMBER 11, 2023

Levick also noted that the taxonomy could be employed via initiatives such as a net zero test, which the UK might apply to all its public investment decisions, utilising the taxonomy to evaluate whether investments align with the its definition of ‘green’.

Banking 59

Banking Net Zero Development COP26 59

Chris Hall

NOVEMBER 9, 2022

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. There are choices,” said Cabanis.

Net Zero 52

Net Zero COP26 Banking Climate Change 52

Corporate Knights

OCTOBER 24, 2022

Late last year, in the wake of COP26, the U.K.’s Late last year, in the wake of COP26, the U.K.’s Agreeing to work collectively, the pact includes a commitment from each signatory to reduce greenhouse gas emissions to net-zero by 2050 and achieve a 50% reduction by 2030. And they have to do it quickly.

Climate Change 279

Climate Change Manufacturing Carbon Offsets Net Zero 279

Chris Hall

NOVEMBER 23, 2022

According to the International Energy Agency (IEA), US$4 trillion needs to be invested in renewable energy globally every year by 2030 to achieve net zero by 2050. South Africa signed a JETP at COP26 in Glasgow, which committed France, Germany, the UK, the EU and the US to supporting its clean energy transition through US$8.5

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

FEBRUARY 25, 2022

Banks and financial institutions, for example, will need to observe the complex and evolving web of new sanctions with more rigour than some have managed their compliance obligations in the past. As some noted , legislative momentum on sustainability and climate was already slowing, just 100 days after COP26.

COP26 52

COP26 Net Zero Climate Change Banking 52

Chris Hall

OCTOBER 14, 2022

Examples include Bank of Canada and Canada Pension Plan Investment Board. The report says that plan should “formalise, standardise, and extend commitments that many Canadian financial institutions have already voluntarily made”, including through the Glasgow Financial Alliance for Net Zero initiatives born out of last year’s COP26 Summit.

Climate Change 52

Climate Change Net Zero Paris Agreement Banking 52

Corporate Knights

NOVEMBER 16, 2022

I spent a large part of my career working on international finance at the World Bank and the United Nations and now advise public development and private funds and teach climate diplomacy focusing on finance. Getting to net-zero – without greenwashing. degrees Celsius – a pledge to net-zero.

Net Zero 246

Net Zero Greenwashing Banking COP26 246

Chris Hall

NOVEMBER 4, 2022

The UK has delivered its account of the progress made under its COP26 presidency, but with only 26 countries having made good on the Glasgow commitment to resubmit nationally determined contributions before arriving in Sharm El Sheikh, evidence is inconclusive.

Paris Agreement 52

Paris Agreement COP26 Net Zero Green Bonds 52

Richard Matthews

MARCH 14, 2022

This includes sanctions against Russian banks (access to SWIFT), and bans on exports (electronics, refining equipment, military supplies etc.). At the most recent climate talks (COP26) Ukraine announced that it was joining the Powering Past Coal Alliance promising to phase out coal by 2035. Ukraine delivered more than promises.

Climate Change 92

Climate Change Supply Chains Supply Chain Digitalization 92