Chris Hall

JUNE 21, 2023

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.

Banking 97

Banking Net Zero Stranded Assets Climate Change 97

Chris Hall

AUGUST 23, 2023

“Physical risk represents an increasingly severe risk for investors, with the escalating climate and natural capital crisis leading to elevated risks of damage from extreme weather events, supply chain disruptions, stranded assets, productivity impacts, insurance unaffordability, just transition impacts, and potential economic instability,” said Robyn (..)

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

AUGUST 25, 2023

But policy action is slow and uneven: while the first UN water conference in 50 years wrought a long list of commitments (despite a lack of engagement at senior governmental levels) under the Water Action Agenda , these can be overtaken or offset by events; albeit typically ones less dramatic than those seen in Japan this week.

Stranded Assets 52

Stranded Assets Net Zero Development Impact Investing 52

3BL Media

MARCH 25, 2022

The evolving climate drives physical risks—damaged or stranded assets and business-interruption costs from severe weather events. However, approximating transition and location risks has to be done with great care, particularly as we consider tipping points and cascading events.

Climate Change 244

Climate Change Supply Chains Supply Chain Stranded Assets 244

Corporate Knights

MARCH 20, 2023

The science shows roughly half the world’s population likely to be exposed to the impacts of climate change, and once-in-a-century climate disasters on track to become annual events. Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

Climate Change 273

Climate Change Decarbonize Stranded Assets Paris Agreement 273

Chris Hall

JULY 14, 2023

Nevertheless, MSCI will be present at the event as the world takes stock of climate action progress and assesses the policy solutions and broader innovations for addressing climate-related issues. Sultan Al Jaber is CEO of the Abu Dhabi National Oil company – the biggest oil producer in the country and the twelfth largest globally.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MARCH 2, 2022

Increasing gas infrastructure must be avoided to avert dangerous climate impacts and stranded assets.”. “As coal retires, political leaders and investors seem to be turning to fossil gas as a ‘diet’ alternative to coal,” ClientEarth’s Diamantopoulou says.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

Richard Matthews

APRIL 20, 2022

Recent events are forcing us to consider new economic paradigms. The repercussions of these dramatic events are reverberating around the world and calling us to confront deeply entrenched weaknesses in our economic systems. It does this by reforming markets to address real needs while factoring costs and stakeholder concerns.

Development 59

Development Waste Value Creation UNEP 59

We Mean Business Coalition

NOVEMBER 12, 2021

It makes no long-term sense to continue pumping money into an asset that is already destined to eventually have no value — a stranded asset. For more information on COP26, including events listings, click here > The post COP26 Live Blog: All in for 1.5ºC appeared first on We Mean Business Coalition.

COP26 88

COP26 Net Zero Paris Agreement Development 88

Richard Matthews

SEPTEMBER 20, 2021

The courts, investors , banks and insurers are all making this point and this compelling argument is buoyed by increasing examples of stranded assets. A total of 208 educational institutions have divested their assets from fossil fuels. It is fitting that educational institutions are divesting in droves.

Divestment 63

Divestment Climate Change Stranded Assets Paris Agreement 63

Richard Matthews

OCTOBER 6, 2021

These events illustrate the dangers of spills and more specifically the dangers of transporting fossil fuels. The demise of the KXL stranded assets and declining financial support foreshadows Big Oil’s demise. Thousands of spills occur each year all around the world and southern California is no exception.

Stranded Assets 83

Stranded Assets Climate Change 83