Development Greenwashing Net Zero Stranded Assets 
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.
Chris Hall
MAY 27, 2022
The private sector’s ability to accelerate the pace of net zero transition is open to question. Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.
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We Mean Business Coalition
NOVEMBER 8, 2022
Will the promised $100 billion per year be delivered by wealthier countries to enable developing countries to cut emissions and adapt to climate impacts? . Innovative thinking that develops new models of cooperation can also effectively channel private finance to the places it is most needed. What are the barriers to action?
Chris Hall
MARCH 13, 2023
CCUS and blue hydrogen inclusion seen as slowing Canada’s net zero transition, while finance leaders urge stakeholders to “get on with it”. Produced by Canada’s Sustainable Finance Action Council (SFAC) , the proposed framework outlines two categories for sustainability-focused investments.
Chris Hall
MAY 4, 2022
It is a truth universally acknowledged that a company transitioning to net zero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a net zero journey? UK proposals to mandate climate transition plans are part of wider scrutiny effort. .
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.
Chris Hall
APRIL 12, 2023
The solution lies in climate resilient development.” Such developments are welcome, but their limitations should be recognised, roundtable participants noted. “If For investors and companies with assets within those key biodiversity areas, this raises the issue of stranded assets.
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