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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

The day-long session focused on aligning financial policy with Canada ’ s climate goals, including federal commitments under the Paris Agreement to reduce GHG emissions by up to 45% below 2005 levels by 2030 and achieving net-zero emissions by 2050. .

Banking 361
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Placing African institutions at the forefront of the global sustainability agenda

Environmental Finance

In response to the risks posed by climate change and the need for socioeconomic growth in Nigeria and across Africa, we have developed our ESG strategy to mitigate those risks while leveraging opportunities within that space; prioritising climate resilience, social impact, strong governance and transparency."

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Guest Post: Why Governments Must Encourage More Investment in Green Infrastructure, Now!

ESG Today

By: Chris Lewis, Global Infrastructure Leader at EY At COP27 in November last year, there was an overwhelming consensus that the target of lowering global temperatures by 1.5 ° C – as outlined in the historic Paris Agreement – is now at risk of not being met, unless the world acts now.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Beware the Green Swan

Chris Hall

Thierry Philipponnat, Chief Economist at Finance Watch, warns that economic modelling must evolve to prompt policymakers to take action on climate. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy. The purpose is to evaluate the impact of climate change on the financial system.

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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

Creon Butler, Director, Global Economy and Finance Programme at think tank Chatham House, made a similar warning of a “probable sharp adjustment” this month , saying that “financial markets did not yet reflect climate risk” despite the clear severe economic and financial consequences of climate change.