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Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero

ESG Today

The guidelines set out MAS’ supervisory expectations for the financial institutions to have a sound transition planning process, enabling effective climate change mitigation and adaptation measures by their customers and portfolio companies to manage the transition to a net zero economy, as well as the physical effects of climate change.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, they can engage with their portfolio companies to support emission reduction targets in line with climate science.

Net Zero 147
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NZAOA Calls on Politicians to Accelerate Climate Policy Reform

Chris Hall

The Alliance uses the Intergovernmental Panel on Climate Change (IPCC) 1.5°C C no/low overshoot scenarios to set the ambition level for sub-portfolio and sector targets. At the global level, IPCC 1.5°C trillion in AUM, up from US$7.1 trillion the previous year.

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GFANZ Launches Consultation on Transition Finance Strategies and Measuring the Impact on Emissions

3BL Media

They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets. The final report will be published by COP28.

Net Zero 147
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An Integrated Transition

Chris Hall

As global momentum builds behind transition planning, Mark Manning, Senior Visiting Fellow at the London School of Economics, makes the case for a systemic response to the challenges of climate change. Arguably, we need to be thinking about transition planning as a system response to the challenges of climate change.”

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The “Ripple Effect” of Universal Ownership

Chris Hall

Charlotta Dawidowski Sydstrand , Head of ESG at AP7, explains how universal owner s can exert collaborative pressure to drive sustainable outcomes in the global economy. This, says Sydstrand, creates a “ripple effect” in the global economy.

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Let the Climate Finance Flow

Chris Hall

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. Engagement ring.