Remove Development Remove Greenwashing Remove Paris Agreement Remove Stranded Assets
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

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.

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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.

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Keeping on the Straight and Narrow

Chris Hall

On 25 April, the UK government launched its Transition Plan Taskforce (TPT) to develop a transition plan disclosure framework. The taskforce will also consider guidance on avoiding greenwashing strategies, and the simplification of assessing, comparing and interpreting transition plans. .

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Investors Search for Answers

Chris Hall

And while there are instructive parallels with the catalytic impact of the Paris Agreement on identifying and mitigating climate risks by the private sector, there are also important differences. The solution lies in climate resilient development.”

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Energy Transition Accelerator

Chris Hall

Mobilising public and private capital to fund the net zero transition efforts of emerging markets and developing economies (EMDEs) has been a central theme of discussions at COP27 in Egypt. . This explainer will explore the blueprint for the US ETA and consider the role of VCMs is channelling finance from developed markets to EMDEs. .