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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC and Morgan Stanley. What sets this latest wave of climate pledges by financial institutions apart from past announcements? Unpacking commitments. Disclosure and reporting.

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IIGCC Offers Ratios to Track Portfolios’ Climate Impact

Chris Hall

New report provides guidance to asset owners on closing net zero investment gap. . Asset owners should track their contributions to climate change mitigation by calculating the green investment ratio of portfolios and assets, according to a recent report by the Institutional Investors Group on Climate Change (IIGCC). .

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Take Five: No Magic Green Wand

Chris Hall

On the same day, the EU Council and Parliament conjured up a smokescreen by agreeing to prioritise investment in a “ terribly long list ” of green technologies. The act gives the green light to net zero valleys , clusters of clean energy production sites, to be granted rapid approval.

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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren. In response, PME has divested from fossil fuel investments and redirected the funds towards the energy transition by focusing on solar and wind projects.

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Taking the Heat Out of COP27

Chris Hall

Not only did it set the tone for a wide range of adaptation initiatives throughout COP27, by focusing attention on the Global South it changed the narrative of climate diplomacy, helping to pave the way for the loss and damage fund , the proceeds of which will ultimately bolster physical defences against climate change. .

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Take Five: IPCC Chair Issues Spoiler Alert

Chris Hall

A selection of this week’s major stories impacting ESG investors, in five easy pieces. Investors and policymakers signalled mixed progress in their support for net zero transition this week, ahead of a critical report from scientists. In Japan, progress is even slower, admittedly, but anticipation is high.

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Preparing for COP26

Envirotec Magazine

The UN Climate Change Conference is only a few months away, and to say that expectations are high would be an understatement. She believed good progress was being made on Adaptation (the effort to secure protection for habitats and communities against the effects of climate change). What are the big priorities for COP?

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