3BL Media

SEPTEMBER 23, 2022

Throughout the 21st century, China’s rapid economic development has fueled a steady rise in energy consumption, in contrast to the US and European Union, where it has plateaued and even started to fall ( Display ). For China, decarbonization considerations are tightly tethered to economic development and continued growth.

Stranded Assets 130

Stranded Assets Decarbonize Climate Change Development 130

ESG Today

JULY 25, 2023

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

Stranded Assets 68

Stranded Assets Net Zero Clean Technology Global Economy 68

Sustainable Development Network

AUGUST 30, 2019

The dialogue explored the vision and challenges for countries to achieve decarbonization by 2050. In the LAC region, Costa Rica and Chile are committed to this goal, along with other countries such as Colombia, currently exploring different pathways towards deep decarbonization.

Paris Agreement 52

Paris Agreement Stranded Assets Decarbonize Climate Change 52

3BL Media

DECEMBER 9, 2023

Just as critically, transition plans are about embracing the booming new clean economy, creating new markets, and investing in the next batch of winners as this shift continues to accelerate exponentially— and avoiding being left behind with dwindling markets, outmoded business models, and stranded assets. This year, a record $1.8

Net Zero 147

Net Zero Stranded Assets Climate Change Manufacturing 147

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But there’s still time to take action if countries pick the right decarbonization options and scale up fast. C at the end of the century.

Climate Change 273

Climate Change Decarbonize Stranded Assets Paris Agreement 273

Corporate Knights

JULY 25, 2023

Officials cast it as one major part of a process that also includes a phaseout of public financing for domestic fossil fuel projects through Crown agencies like Export Development Canada. Those guidelines are due to be released in 2024. In a release Monday, Oil Change International placed the total at $50 billion since 2019.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

APRIL 14, 2023

This year, investors filed resolutions at seven major US and Canadian banks — Bank of America, Citibank, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Wells Fargo, and Royal Bank of Canada — urging these banks to adopt policies to phase-out clients engaging in new fossil fuel exploration and development.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98