Corporate Knights

JULY 25, 2023

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” “The simple reality is that it’s no longer free to pollute in Canada,” Guilbeault told media Monday morning. “We

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

JUNE 23, 2022

C Paris climate target, according to think tank Carbon Tracker. . The exchanges, and the associated industry of banks, insurers, lawyers and financial services providers, are profiting from activities that are at odds with their countries’ climate commitments and that put investors at risk, the report said. . C goal. .

Net Zero 40

Net Zero Stranded Assets Paris Agreement Climate Change 40

Corporate Knights

JANUARY 25, 2023

It has publicly endorsed the Paris Agreement on climate change as well as the EU’s target of being net-zero by 2050. But companies won’t meet the challenge by dodging it, or lobbying themselves into a corner, surrounded by their own stranded assets. Investor pushback Investors are paying attention.

Climate Change 306

Climate Change Net Zero Stranded Assets Shipping 306

Chris Hall

MARCH 16, 2022

Launched in 2018, they act as a global guiding framework for banks, insurers and investors. They were developed by the European Commission, World Wide Fund for Nature (WWF), the World Resources Institute and the European Investment Bank (EIB) and are hosted by UNEP FI as part of the Sustainable Blue Economy Finance Initiative.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Chris Hall

JULY 14, 2023

However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 11, 2022

For example, a decision not to invest in a high-carbon asset because of financial concerns about stranded assets is likely to be seen as consistent with fiduciary duties, providing that the decision is based on credible assumptions and robust processes. However, they also depend upon and can adversely affect them.

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

Chris Hall

NOVEMBER 16, 2022

The idea to utilise voluntary markets is “a good one”, as it’s “part of the principle of ‘cooperative action’ enshrined in the Paris Agreement,” Guy Turner, CEO of specialist data, analysis and advisory firm Trove Research, tells ESG Investor. . “It The deal committed US$8.5 Discussions around Article 6.4

Net Zero 52

Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

JULY 20, 2022

While Group of Seven governments are announcing grand plans , asset owners in developed markets are increasingly keen to play their part in this transition. . Multilateral Development Banks (MDBs) and DFIs are already heavily engaged in Africa’s green energy transition through a multiplicity of initiatives. .

Development 52

Development Net Zero Stranded Assets Chief Sustainability Officer 52

We Mean Business Coalition

NOVEMBER 12, 2021

C and implement the Paris Agreement and will be welcomed by the business community. C temperature goal of the Paris Agreement alive, and to ensure a just transition. . It makes no long-term sense to continue pumping money into an asset that is already destined to eventually have no value — a stranded asset.

COP26 88

COP26 Net Zero Paris Agreement Development 88

Richard Matthews

SEPTEMBER 20, 2021

As stated in the most recent IPCC report we know with unequivocal clarity that fossil fuels are the leading cause of climate change and that we must quickly move away from them if we are to keep temperatures from exceeding the upper threshold limit contained in the Paris Agreement (2 degrees Celsius above pre-industrial norms).

Divestment 63

Divestment Climate Change Stranded Assets Paris Agreement 63