Remove Climate Change Remove Global Economy Remove Paris Agreement
article thumbnail

Aligning Capital to Ambitious Climate Goals

Chris Hall

As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero global economy.

article thumbnail

NGFS Releases its First Short Term Climate Scenarios

ESG Today

The NGFS was established in 2017, with the purpose of helping to strengthen the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

COP29 takeaways: a turning point for climate finance, but falls short on fossil fuels

We Mean Business Coalition

What it means: The $300bn is a modest step forward, marking progress under the Paris Agreement but falling short of the decisive action and timeline the climate crisis demands. trillion will require massive mobilization of private investment globally, especially in developing countries. Achieving the $1.3

article thumbnail

The facts of climate progress are the antidote to pessimism

Corporate Knights

And when it comes to climate change, this news can seem uniformly grim (its not, and well come back to this). But its worth reminding ourselves of the important progress thats happening on climate and clean energy around the world as an antidote to pessimism that can paralyze us right at the moment when action is needed most.

article thumbnail

How climate risk disclosure became a battleground for the clean economy

Corporate Knights

Also targeted for suppression: the study of climate change the basic physical process of global warming that has been accurately understood and described since the early 19th century. Simply, the fiscal threats posed by climate change and the energy transition are emerging more and more clearly into view.

Banking 165
article thumbnail

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

GreenBiz

In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climate change. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.".

Net Zero 402
article thumbnail

A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

However, the company’s plan to invest up to $46 billion over the next 15–20 years to expand into an emissions-free iron process being piloted in Northern Sweden is big news for Sweden, the global steel industry and future generations around the world. Change requires exploration of new concepts and solutions.