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All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

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Ontario and Alberta are building natural gas plants despite lower costs of renewables

Corporate Knights

While the grid operators in Ontario and Alberta are both “investigating pathways to a net-zero power grid,” CEC points to a fatal flaw in their analysis — they rely too often on obsolete data that may go back as far as 2001, or draw from experience in other countries.

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The High Cost of Climate Inaction

3BL Media

Extreme weather events increasingly point to a future that will be more dangerous than the climate that has so far underpinned human progress. While investment portfolios will take time to reflect a climate-aligned, resilient approach, in an ideal scenario, we would see an orderly shift to a net-zero economy.

Net Zero 130
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CAFA to Catapult Canada to Climate Leader

Chris Hall

billion to acquire 335 million barrels of oil in Texas and Mexico,” said Patrick DeRochie, Senior Manager of Shift. “The CPPIB is risking our national retirement fund on stranded assets and investing in a future of ever-worsening climate disaster.” The post CAFA to Catapult Canada to Climate Leader appeared first on ESG Investor.

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IGCC Devises Climate Resilience Strategy

Chris Hall

Further, only 9% have implemented a response to their physical risk exposure.

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Now or Never

Chris Hall

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

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“Huge Disconnect” Between Financiers and Scientists on Climate Risk  

Chris Hall

The Real World Climate Scenarios initiative aims to address the issue by developing more relevant scenarios that integrate the complex the overlapping impacts such as geopolitical, extreme weather events, migration and stranded assets, among others.