Seeing the benefits of GFANZ

Many of you may not have heard of GFANZ but it could play a key role in finance climate change measures. F. Haider Alvi, Assistant Professor of Innovation Finance at Athabasca University in Canada discusses GFANZ in an article on The Conversation website. How global business could be the unexpected COP26 solution to climate … Continue reading Seeing the benefits of GFANZ →

Green mortgages and the role these products have in driving change

Ana Bajri, head of sustainability at Countrywide Surveying Services, in an article on the Mortgage Finance Gazette website, discusses convening an expert panel on our latest webinar to discuss green mortgages and the role these products have in driving change. What are your views on green mortgages? Blog: Green mortgages - carrot or stick? … Continue reading Green mortgages and the role these products have in driving change →

European Climate Foundation explains the bewildering different approaches to taxonomies

ECF Strategic Communications Manager/Sustainable Finance, Alba Málaga Homs, provides a helpful communication to sort through national approaches to what counts as green finance. While the European Union considers adopting a sustainable finance taxonomy that classifies fossil gas as a green investment, Russia and China have stepped forward and recently adopted more ambitious initiatives that exclude all … Continue reading European Climate Foundation explains the bewildering different approaches to taxonomies →

Five key elements to watch over the coming year as countries move forward on their climate promises

Rachel Kyte, Dean of the Fletcher School at Tufts University writes on The Conversation website about what it will take to make commitments at the Glasgow climate talks achievable. What are your views? After COP26, the hard work begins on making climate promises real: 5 things to watch in 2022 How much the world … Continue reading Five key elements to watch over the coming year as countries move forward on their climate promises →

Blog from Peter Sweatman: And how much of the $100 trillion is earmarked for energy efficiency, Mark?

On November 3rd, during the first week of COP26, Mark Carney, the UN Special Envoy on Climate Action and Finance, announced that 450 financial organisations from 45 countries pledged to deliver the estimated $100 trillion of finance needed for net zero over the next three decades. This is the Glasgow Financial Alliance for Net Zero … Continue reading Blog from Peter Sweatman: And how much of the $100 trillion is earmarked for energy efficiency, Mark? →

COP26: while it’s very encouraging to see many of the world’s leading banks committing to sustainable lending, it’s hard not to feel apprehensive

“The core message today is that the money is there, the money is there for the transition, and it’s not blah blah blah”, Mr. Carney told delegates during a COP26 climate finance event. Yes, banks around the world signed up to be part of the solution. Paul David Richard Griffiths, Professor of Finance; Academic Director … Continue reading COP26: while it’s very encouraging to see many of the world’s leading banks committing to sustainable lending, it’s hard not to feel apprehensive →

Fierce debate over what decarbonisation conditions should be imposed to developing nation organisations seeking to access funding from Green Climate Fund

Board members from developing countries insisted that making a 2050 net zero goal a condition for accreditation to the fund breaches equity principles. As we get closer to COP26, this is a significant issue that needs to be addressed. Chloé Farand discusses the issues in an article on the Climate Change News website. Dispute … Continue reading Fierce debate over what decarbonisation conditions should be imposed to developing nation organisations seeking to access funding from Green Climate Fund →

Calls for Mark Carney, UN Special Envoy on Climate Action and Finance, to help the finance world do better to address climate change

Catherine Abreu writes on the National Observer website that Mark Carney has a key role in ensuring the financial community raise their efforts in addressing climate change as we head towards COP26 in Glasgow in a few weeks. Mark Carney needs to raise the bar on climate action for financial institutions Mark Carney is … Continue reading Calls for Mark Carney, UN Special Envoy on Climate Action and Finance, to help the finance world do better to address climate change →

European Central Bank climate stress tests show the challenges ahead

The stress test published Wednesday compiled data gathered on more than 4 million companies worldwide and 1,600 banks in the 19-country eurozone where the ECB sets monetary policy. The broad takeaway was that an orderly and swift transition “to minimize costs and maximize benefits outweighs short-term cost of transition to zero-carbon economy over the medium … Continue reading European Central Bank climate stress tests show the challenges ahead →

New analysis shows the cost of achieving carbon neutrality in Germany

Germany wants to be carbon neutral by 2045. Restructuring its economy will cost trillions. But not investing the money would cost even more. Tim Schauenberg discusses the costs in an article on the Deutsche Welle website. This is obviously an area that the incoming Chancellor will have to deal with – urgently. What climate … Continue reading New analysis shows the cost of achieving carbon neutrality in Germany →