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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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ING Faces Climate Lawsuit from Group that Won Case Against Shell

ESG Today

The organization is also involved in a lawsuit launched last year against Paris-based global bank BNP Paribas , targeting the bank’s financing for new oil and gas projects and calling for a strong climate policy, based on a similar “duty of vigilance” law in France.

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Beware the Green Swan

Chris Hall

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.

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At COP28, Influential Investors, Companies, and Policymakers To Call for Greater Global Ambition and Accelerated Action To Limit Temperature Rise and Achieve a Net Zero Economy

3BL Media

The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the global economy. Major investors will discuss the actions and policies needed to make further progress against the goals of the Paris Agreement.

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Aligning Finance with Climate Action

Chris Hall

c) of the Paris Agreement, seems sensible – why would we collectively pursue investments that harm people and the planet? The Paris Agreement stimulated a reckoning to align public and private finance with net zero and climate resilience. Most investments are out of sync with the goals of the Paris Agreement.

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Sustainable Finance Demands More Than Just Cutting Carbon

Chris Hall

More than 450 firms representing US$130 trillion in assets under management have joined the Glasgow Financial Alliance for Net Zero , a coalition of sector-specific initiatives from banks, asset managers, asset owners, insurers and other financial service providers. Paris Agreement alignment is a holistic process.

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COP27: A Breakthrough for People and Planet

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015) where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into this year’s landmark developments and future prospects. Human activity is overloading the natural carbon cycle.