Remove tags climate-finance
article thumbnail

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
article thumbnail

Going electric will save Canadians money on energy costs

Corporate Knights

Climate change and affordability are closely intertwined. The impacts of the climate crisis already cost Canadians an average of $720 per year for things like repairs after flooding or wildfires – and that price tag is expected to double or triple by 2050. Rick Smith is the president of the Canadian Climate Institute.

Net Zero 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

ASCOR Adds Climate Spending Indicators

Chris Hall

The Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) project has introduced climate spending indicators in its updated assessment framework to better inform investors on countries’ risk management. ASCOR attempted to integrate new topics into existing indicators rather than creating new, separate indicators.

article thumbnail

Financed Emissions: A New Standard for Calling Balls and Strikes

3BL Media

What about the performance of the financial sector when it comes to climate change though? Now, a new standard exists to give us the same honest and transparent reporting when it comes to financed emissions. I’m here to write about the referees of the finance world, also known as the Financial Accounting Standards Board (FASB).

Banking 246
article thumbnail

Proposal: The “Purchaser Caused” EAC Tag

Sustainable Round Table

SR Inc) proposes the establishment of a “Purchaser Caused” (PC) tag, which will certify EACs as having enabled new grid capacity. This tag creates a premium on “PC” EACs created by more involved contracting processes (i.e. This tag creates a premium on “PC” EACs created by more involved contracting processes (i.e.

article thumbnail

How the climate crisis will crash the economy

GreenBiz

How the climate crisis will crash the economy. Even before all that, we’d been watching the real-world risks of climate change looming and growing across the United States and around the world. The financial climate, it seems, has been as unforgiving as the atmospheric one. Joel Makower. Mon, 09/14/2020 - 02:11.