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Morgan Stanley Softens Climate Targets

ESG Today

Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the global economy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C C above preindustrial levels.”

Net Zero 118
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NGFS Releases its First Short Term Climate Scenarios

ESG Today

The NGFS was established in 2017, with the purpose of helping to strengthen the global response required to meet the goals of the Paris agreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development.

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On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla. Mon, 12/14/2020 - 00:05. But that is not the only pivotal milestone we should commemorate this month.

CDP 203
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Understanding the Crucial Role of Climate Scenario Analysis in Business Strategy

3BL Media

The regulatory changes and shifting market demands, as well as the opportunities to innovate and improve operational efficiencies that come with a global economy shifting towards low-carbon technologies. scenario is the IPCC’s lowest emission scenario, aimed at keeping global warming below 1.5°C IPCC RCP 1.9 The IPCC RCP 1.9

CDP 162
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CA100+ Flags “Missing Link” Between Words and Climate Action

Chris Hall

Climate Action 100+ (CA100+) has warned that carbon-intensive companies are not progressing fast enough to align with the objectives of the Paris Agreement, supporting the rationale for its revised engagement strategy.

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Bloomberg To Host Transition Finance Action Forum on September 19 in New York City

3BL Media

Meeting the goal of the Paris Agreement to limit global warming requires the global economy to transition to net-zero – an undertaking that requires immediate, decisive, and collaborative action across governments, financial institutions, companies, and other stakeholders. “The

Net Zero 100
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Beware the Green Swan

Chris Hall

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.