Remove Development Remove Paris Agreement Remove Stranded Assets Remove Sustainable Investment
article thumbnail

All Systems go for Net Zero

Chris Hall

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled.

article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 147
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

Aligning investment portfolios with the goals of the Paris Agreement requires engagement with the real economy, said Claudia Bolli, Head of Responsible Investing, Swiss Re. C alignment requires asset owners to engage with corporate value chains, policymakers and asset managers. . Collaborative mindset .

article thumbnail

ESG Explainer: The Blue Economy

Chris Hall

trillion annually, has attracted just US$13 billion in sustainable investment during the past decade. This explainer looks at the calls for a ‘sustainable blue economy’ and the role investors can play. The ocean economy, estimated to be worth US$2.5 What is the scale of the problem? What activities should investors avoid?

UNEP 98
article thumbnail

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. TPT’s work will be incorporated into the UK’s regulatory regime through its planned Sustainability Disclosure Requirements (SDR). . C of global warming promised by signatories of the Paris Agreement. .

article thumbnail

ESG Explainer: Line of Duty

Chris Hall

Policy reform, best practice and legal judgments are redefining the relationship between fiduciary duty and sustainable investment. In late April, the UK High Court ruled that charity trustees can consider climate change factors when making decisions over their investments, even if it means making lower returns.

UNEP 52
article thumbnail

Is the IMO Turning the Tide on Transition?

Chris Hall

The Organisation for Economic Co-operation and Development (OECD) has estimated that maritime trade volumes will triple by 2050. As with many other facets of climate-related regulation, the EU has been one of the frontrunners in developing and implementing its sustainable maritime strategy.