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Reflecting on COP27's Loss and Damage Fund Agreement

3BL Media

DESCRIPTION: Talk of progression and urgent solutions reverberated throughout the COP27 crowd, during the long-drawn-out summit, as leaders made a desperate bid to clinch climate deals. degrees Celsius (above pre-industrial levels) as outlined in the landmark Paris Agreement, through a collection of decisions.

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Sustainable Bond Issuance on Track to Grow to $950 Billion in 2023, Despite Q3 Pullback: Moody’s

ESG Today

The quarter also saw a continued divergence in regional GSSS trends, with sustainable bond volumes representing 19% of total bond issuance in Europe year-to-date, compared to only 4.5% Despite the pullback, Moody’s maintained its full year forecast for green bond issuance of $550 billion, up more than 10% over 2022.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway by 2050, in support of the Paris Agreement. AB believes that climate risk is an investment risk, and it’s essential to consider the material, physical, and transition risks and opportunities of issuers the firm invests in. AB publishes its annual Climate Change Statement & TCFD Report on our website.

Net Zero 264
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Stopped in its Tracks

Chris Hall

Mandatory EU Green Bond Standard risks slowing issuance, but voluntary approach can still drive Taxonomy-aligned volumes. On the face of it, the market for green bonds is heading in the right direction, and fast.

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ESG Today: Week in Review

ESG Today

Going Purpose:” Patagonia Owner Donates Entire Company to Fight Climate Change. DWS Expands Paris Agreement-Aligned ETF Suite. Nordea Issues First-of-its-Kind Bond to Fund Climate-Focused Sustainability-Linked Loans. Union Pacific Issues $600 Million Green Bond to Fund Decarbonization Investments.

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Time to Ramp up Bondholder Engagement with Sovereigns

Chris Hall

Governments signed up to the Paris Agreement are currently preparing the next set of plans to reduce their carbon emissions, known as nationally determined contributions (NDCs), which are due by 2025. At this year’s COP29 in Azerbaijan, the governments of developed countries will be required to establish a new climate finance goal.

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Commodity AND Security

Chris Hall

UN Secretary-General António Guterres dubbed the latest Intergovernmental Panel on Climate Change (IPCC) Working Group report , released in February 2022, an “atlas for human suffering”, in recognition of the growing impact of climate change, as “a brief and rapidly closing window of opportunity” draws near.