Remove tag climate-pledge
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Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

GFANZ, which made international headlines and represented one of the planet’s best hopes for meaningful climate action a year ago, is facing growing discontent within its membership of global banks, insurers, investment managers and consultants, and asset owners. If you won’t meet minimum standards in line with the climate science.

Net Zero 360
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Why investors are putting biodiversity on the balance sheet

GreenBiz

Until very recently, investor demands regarding environmental impact largely have focused on the climate crisis and greenhouse gas emissions. Most investors and companies still don’t put a price tag on natural capital, or the cost of losing it, and biodiversity becoming a top "theme" only means people have begun talking about it.

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Baker Hughes Presents- The Global Methane Pledge: Challenges and Opportunities for Emissions Management

3BL Media

Late 2021 saw the US, EU and partners launch the Global Methane Pledge, an initiative to reduce global methane emissions with the objective of limiting warming to 1.5°C. Fiji George | Senior Director, Climate & Sustainability, Cheniere Energy. SOURCE: Baker Hughes. Georges Tijbosch | Chief Executive Officer, MiQ. Register now. .

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The Current State of Play on Financing Loss and Damage

Chris Hall

Funding “nowhere close” to addressing scale and scope of problem, writes Preety Bhandari, Senior Advisor, Global Climate Programme and the Finance Centre at the World Resources Institute. Addressing loss and damage is the crucial third pillar of climate action: helping people after they have experienced climate-related loss and damage.

COP26 52
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Five trends that shaped sustainable finance in 2022

Corporate Knights

Last year was disappointing for anyone expecting quick action from the financial industry to address the growing climate emergency gripping the planet. GFANZ assembled some of the world’s most powerful financial institutions to fight global warming by pledging to bring loan and investment portfolios worth US$130 trillion to net-zero by 2050.

Net Zero 283
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It’s a Start: Asset Managers Making Net Zero Commitments

Jon Hale

End of Week Notes Advisors can do this, too Attacking the climate crisis requires concerted action from governments, but also from the private sector. Treasury Secretary Janet Yellen: As big as the public sector effort is across all our countries, the $100-trillion plus price tag to address climate change globally is far bigger.