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 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 147

Net Zero Divestment Banking Stranded Assets 147

Chris Hall

MARCH 2, 2022

“Increasing gas infrastructure must be avoided to avert dangerous climate impacts and stranded assets.”. By including gas, the EU is “giving the false impression that gas is ‘green’, which might lead to the wrong investment decisions” and potentially “delay the large-scale investments we need into renewables”, says Diamantopoulou.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

Chris Hall

MARCH 16, 2022

With the global economy heavily reliant on ocean health, a sustainable future is paramount. To date, the ocean and its ecosystems have provided significant benefits to the global community, including climate regulation, coastal protection, food, employment, recreation and cultural well-being.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA).

Shipping 81

Shipping Net Zero Stranded Assets Development 81