article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate. Set a target The Science Based Targets initiative ( SBTi ) has developed guidelines on setting science-based targets (SBTs) for the financial sector that require the inclusion of financed emissions.

Net Zero 147
article thumbnail

IGCC Devises Climate Resilience Strategy

Chris Hall

To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy. International adaptation finance flows to developing countries are ten times below estimated needs, according to the UN’s 2022 Adaptation Gap report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Engaging with the Real Economy is the Key to Paris Alignment

Chris Hall

Earlier at the conference, Zheng Zeguang, Ambassador from the People’s Republic of China to the UK, observed that the two countries should “step up policy coordination” on green finance and support green and low-carbon development. . Collaborative mindset . Engagement is just one piece of the puzzle.

article thumbnail

ICYMI, Governments and Regulators are Making the Running

Chris Hall

Alongside the progress of a bill in California calling for fossil fuel divestment by public-sector pensions, and the SEC’s plans for climate-risk disclosures , this new assault on greenwashing moves US policy closer to its European counterparts, where fund disclosure rules are already reshaping the market.

article thumbnail

Listed Equities’ Carbon Well Exceeds Paris Target

Chris Hall

Carbon Tracker suggested changes to listings rules would reduce investors’ exposures, as would the further development of alternative indexes. . This could lead to vast amounts of stranded assets if oil, gas and coal companies continue with business as usual. . C, in line with the Paris Agreement goal. . C goal. .

article thumbnail

Now or Never

Chris Hall

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2

article thumbnail

The “Ripple Effect” of Universal Ownership

Chris Hall

We have a clear dialogue with a company before they are blacklisted but will continue to engage because we want to be able to invest in them again.” Stranded assets AP7 is a member of the Paris Aligned Asset Owners Initiative, a global group of 56 asset owners with over US$3.3