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IIGCC Offers Ratios to Track Portfolios’ Climate Impact

Chris Hall

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). . Comprehensive snapshot” .

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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? Disclosure and reporting. Pull Quote.

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Banks Must Radically Change Climate Perspective

Chris Hall

It will also intensify its work on the effects of transition funding, green investment needs and transition plans, exploring the case for further changes to its monetary policy instruments and portfolios. These announcements followed the ECB’s third assessment of European banks’ progress on the disclosure of climate and environmental risks.

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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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Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

The Living Planet Report 2022 shows an average decline of 69% in wildlife populations since 1970, thus emphasizing the dual crises of biodiversity loss and climate change driven by human activities. Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now.

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Take Five: No Magic Green Wand

Chris Hall

The Institutional Investors Group on Climate Change , however, remained optimistic , endorsing the 2040 Impact Assessment’s recognition of the need for a collaborative approach to project pipelines and finance models, based on a “predictable and simplified” regulatory environment. Just one more.

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Evolve and Inspire

Chris Hall

Andrea Webster, Financial Systems Lead, World Benchmarking Alliance, explains how sovereign wealth funds can pull the trigger on system level change. We have reached an inflection point on how climate change is affecting the finance sector. It is undeniably relevant to decision-making.