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ESG Explainer: The Blue Economy

Chris Hall

The global economy relies on the health of the ocean, says Dennis Fritsch, Project Coordinator, Sustainable Blue Economy Finance at the United Nations Environment Programme Finance Initiative (UNEP FI). trillion annually, has attracted just US$13 billion in sustainable investment during the past decade.

UNEP 98
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Starting to Adapt 

Chris Hall

Developed countries have also been asked to prepare a report on doubling by COP29. UNEP FI estimates the current adaptation finance gap is around US$194-366 billion per year, and positively, Climate Policy Initiative (CPI) found last month that adaptation finance had reached an all-time high of US$63 billion, growing 28% from 2019/20.

UNEP 64
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The ESG Interview: Dancing into the Mainstream

Chris Hall

Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”. But that [progress is] not being made by all governments.”.

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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
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The Adaptation Agenda: Preparing Investors for a 1.5°C+ World

Chris Hall

C objective of the Paris Agreement would of course significantly limit these impacts. The harsh reality is that societies and investors will need to adapt to living – and investing – on a hotter planet. trillion investment in adaptation measures [9]. Rapid decarbonisation and achieving the 1.5°C

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Is Missing 1.5°C the End of the World?

Chris Hall

C overshoot still feels like the elephant in the room. It should be “central to all investors’ risk management processes”, O’Brien says, noting that TIAA utilises climate scenarios set out by the Network for Greening the Financial System (NGFS) to stress test investment processes. C of global warming by 2100 – and between 2.4-2.6°C

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Blood in the Water for Anti-ESG Sharks

Chris Hall

The NZIA told ESG Investor that it does not comment on the individual and independent actions of its existing or ex-members. A NZAOA spokesperson told ESG Investor that the NZIA and NZAOA are separate and distinct initiatives, and that the alliance remains “firmly committed” to supporting an “economic transition to net zero by 2050”.