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 21, 2023

This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

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? C of global warming promised by signatories of the Paris Agreement. .

Net Zero 52

Net Zero Carbon Offsets Paris Agreement Climate Change 52

We Mean Business Coalition

NOVEMBER 22, 2021

After the Paris Agreement the message was clear: Ambition, Ambition, Ambition. Many have set science-based targets aligned with 1.5ºC, others are starting their journey to net-zero. The Net-Zero Standard makes clear that companies should be working to cut around 90% of their emissions by 2050 at the latest.

COP26 52

COP26 Paris Agreement Net Zero Stranded Assets 52

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 some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

Climate Change 269

Climate Change Decarbonize Stranded Assets Paris Agreement 269

Chris Hall

JULY 31, 2023

A groundswell of concern is developing around the soundness of economic research used to underpin climate-related risk and investment models.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MARCH 16, 2022

They promote the implementation of UN Sustainable Development Goal 14 (Life Below Water), and set out ocean-specific standards, allowing the financial industry to mainstream sustainability of ocean-based sectors. Launched in 2018, they act as a global guiding framework for banks, insurers and investors. What activities should investors avoid?

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Chris Hall

MAY 11, 2022

For example, a decision not to invest in a high-carbon asset because of financial concerns about stranded assets is likely to be seen as consistent with fiduciary duties, providing that the decision is based on credible assumptions and robust processes. Are returns no longer first among equals?

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. The Organisation for Economic Co-operation and Development (OECD) has estimated that maritime trade volumes will triple by 2050.

Shipping 81

Shipping Net Zero Stranded Assets Development 81

Chris Hall

APRIL 12, 2023

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.”

Supply Chains 52

Supply Chains Supply Chain Divestment CDP 52

Chris Hall

APRIL 27, 2022

With the transport sector a significant generator of greenhouse gas emissions, electric vehicles are an important element of the net zero transition. In most countries, the transport sector is the largest contributor to greenhouse gas emissions and wide-scale adoption of EVs features in many countries’ net zero transition plans.

Net Zero 52

Net Zero Manufacturing Supply Chains Supply Chain 52

Chris Hall

NOVEMBER 16, 2022

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. . One of the most notable was announced by US Special Presidential Envoy for Climate John Kerry on COP27’s Finance Day.

Net Zero 52

Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

JULY 20, 2022

While Group of Seven governments are announcing grand plans , asset owners in developed markets are increasingly keen to play their part in this transition. . SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? estimated ?

Development 52

Development Net Zero Stranded Assets Chief Sustainability Officer 52

We Mean Business Coalition

NOVEMBER 12, 2021

Read live updates from on the ground in Glasgow, including the latest business announcements, policy breakthroughs and other key developments. . C and implement the Paris Agreement and will be welcomed by the business community. . C temperature goal of the Paris Agreement alive, and to ensure a just transition. .

COP26 88

COP26 Net Zero Paris Agreement Development 88