3BL Media

SEPTEMBER 29, 2023

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 Financial institutions have a major role to play in decarbonising the economy toward net zero over the coming three decades.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Corporate Knights

FEBRUARY 14, 2023

The company was one of the first oil majors to commit to being net-zero in 2050 and was showing signs it was open to speeding up its transition to a low-carbon future. The company is still committed to being net-zero by 2050, but observers say it’s a lot harder to see a pathway to reach such a goal without a stronger target for 2030.

Net Zero 332

Net Zero Stranded Assets Global Economy Paris Agreement 332

ESG Today

JULY 25, 2023

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

Stranded Assets 68

Stranded Assets Net Zero Clean Technology Global Economy 68

Chris Hall

MARCH 31, 2023

Mobilising new capital and working to re-direct existing capital is a vital part of efforts to create a Brazilian – and global economy – that is fit for the long term. It’s part of our fiduciary duty to be at the forefront of efforts to scale up and re-allocate capital.

Net Zero 98

Net Zero Supply Chains Supply Chain Stranded Assets 98

Chris Hall

APRIL 14, 2023

Charlotta Dawidowski Sydstrand , Head of ESG at AP7, explains how universal owner s can exert collaborative pressure to drive sustainable outcomes in the global economy. This, says Sydstrand, creates a “ripple effect” in the global economy.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

JULY 31, 2023

Minsky Moment Carbon Tracker warned that as a result a wealth-damaging correction or “Minsky Moment” – whereby a sudden decline in market sentiment leads to a market crash – was virtually inevitable.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

Chris Hall

MARCH 2, 2022

“Increasing gas infrastructure must be avoided to avert dangerous climate impacts and stranded assets.”. Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.”.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98