Banking COP26 Net Zero UNEP 
Chris Hall
JULY 8, 2022
Not following suit – The European Central Bank (ECB) said banks do not yet sufficiently incorporate climate risk into their stress-testing frameworks and internal models. Further, almost two-thirds of banks’ income from non-financial corporate customers stems from GHG-intensive industries. Going, going … green?
Chris Hall
OCTOBER 28, 2022
As well as echoing UN Climate Change’s assessment that nationally determined contributions needed significant strengthening, the UNEP report said the financial system “must overcome internal and external constraints” to become a critical enabler, putting the annual investment needed for a global transition to a low-carbon economy at US$4-6 trillion.
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Sustainable Development Network
OCTOBER 28, 2022
SDSN is proud to have contributed to Chapter 6 "Transforming food systems" of UNEP's 2022 Emissions Gap Report thanks to our FABLE Consortium scientific director Aline Mosnier. In the best-case scenario, full implementation of unconditional NDCs and additional net-zero emissions commitments point to only a 1.8°C C in place.
Chris Hall
NOVEMBER 9, 2023
Earlier this month, the UN Environment Programme (UNEP) published its 2023 ‘ Adaptation Gap Report ’, which highlighted that EMDEs’ forecast climate adaptation finance needs are now ten to 18 times larger than existing international public flows. “We At least US$1 trillion of this needs to be annually invested in EMDEs.
Chris Hall
DECEMBER 13, 2023
Climate adaptation finance is also important for risk management of net zero assets, according to the UK’s Green Finance Institute. World Bank President Ajay Banga announced a commitment to devote 45% of its annual finance to climate by 2025. Developed countries have also been asked to prepare a report on doubling by COP29.
Chris Hall
OCTOBER 28, 2022
The UN Environment Programme (UNEP) says: “This vulnerability is driven by the prevailing low levels of socioeconomic growth in the continent. UNEP wants to see more investment diverted towards supporting African countries in meeting their nationally determined contributions (NDCs). This is the case in Africa.”.
Sustainable Development Network
DECEMBER 21, 2021
All this work was featured in our virtual Zero Emissions Solutions Conference alongside the first week of COP26. SDSN signed a partnership agreement with the Climate Action Tracker (CAT) to collaborate in the coming years on areas of common interest, including around national net-zero strategies, pathways and policies.
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