New report’s findings support argument that green assets have a lower risk than non-green assets

Elena Johansson writes on the Expert Investor Europe website about a report from an EU-funded project found a significant negative correlation between buildings’ energy efficiency and the probability of mortgage defaults and supports the argument that green assets have a lower risk than non-green assets. Evidence fuels argument to create ‘green supporting factor’ A … Continue reading New report’s findings support argument that green assets have a lower risk than non-green assets →

Efforts underway to accelerate development of voluntary carbon markets across the private sector

A global Taskforce has been launched by former Bank of England Governor Mark Carney to scale up voluntary carbon markets. Michael Holder discusses in an article on the Business Green website. It should be added that Mark Carney has returned to his roots as an investment banker with a job spearheading environmental and social investing … Continue reading Efforts underway to accelerate development of voluntary carbon markets across the private sector →

Decarbonising our entire economy by 2050 will require massive investments and investor patience to allow investments to pay off

The scale of the climate crisis and its potential impacts mean we need a scientific and investment revolution to tackle it. There are opportunities for patient investors in areas such as energy storage and electrification. It's time to tap into the power of science and innovation. Nicole Systrom, Founder of the Sutro Energy Group explains … Continue reading Decarbonising our entire economy by 2050 will require massive investments and investor patience to allow investments to pay off →

Regulators warned in US of the financial risks of climate change

A letter signed by executives from pension plans and other major investors warned the Federal Reserve and other agencies of the financial risks of climate change. Financial regulators should act to avoid economic disaster, according to a letter from pension funds and other investors representing almost $1 trillion in assets. Christopher Flavelle explains in an … Continue reading Regulators warned in US of the financial risks of climate change →

A new report identifies four specific reasons why banks should support the just transition to a low carbon economy

Tomaso Ferrando, Research Professor at the University of Antwerp and Daniel Tischer, Lecturer in Management at the University of Bristol write on The Conversation website about a new report from the Grantham Research Institute at the London School of Economics that private British banks should have a central role in financing climate action. They argue … Continue reading A new report identifies four specific reasons why banks should support the just transition to a low carbon economy →

This November 450 global development banks will meet to support climate, sustainable development, and biodiversity goals in their recovery plans

The world needs concrete action. The time is now. And one of the sectors in which action is desperately needed is the energy sector. Sandrine Dixson-Dècleve, Co-President of the Club of Rome; Hindou Oumarou Ibrahim, an indigenous leader; Bas Eickhout is a Member of the European Parliament discuss this initiative in an article on the Thomson … Continue reading This November 450 global development banks will meet to support climate, sustainable development, and biodiversity goals in their recovery plans →

Pension funds in UK being urged in a new campaign to invest the nation’s savings to help fight the climate emergency

In an initiative launched by celebrity film director Richard Curtis and ex-Bank of England governor Mark Carney there is a new campaign to get pension funds to support investments in climate change. Tanya Jefferies explains in an article on the Thisismoney website. Are we seeing similar developments in other countries? Mark Carney and Comic … Continue reading Pension funds in UK being urged in a new campaign to invest the nation’s savings to help fight the climate emergency →

“This crisis offers us a once-in-a-lifetime opportunity to rebuild our economy in order to withstand the next shock coming our way: climate breakdown”

As current and former central bankers, Andrew Bailey, Mark Carney, François Villeroy de Galhau, Frank Elderson believe the pandemic offers a unique chance to green the global economy. They provided this opinion piece on The Guardian website. The world must seize this opportunity to meet the climate challenge We are currently in the midst … Continue reading “This crisis offers us a once-in-a-lifetime opportunity to rebuild our economy in order to withstand the next shock coming our way: climate breakdown” →

EIB partners to accelerate energy efficiency projects in Spain and Portugal

It is good to see the European Investment Bank getting involved in important investments in Portugal and Spain. The latest developments are in a news item on the Renewable Energy Magazine website. EIB and Unión de Créditos Inmobiliarios Join Forces to Boost Energy Efficiency in Spain and Portugal The European Investment Bank and Unión … Continue reading EIB partners to accelerate energy efficiency projects in Spain and Portugal →

The European banking sector has made sluggish progress on tackling the climate crisis in the last three years

According to new research by responsible investment organisation ShareAction, the European banking sector has made sluggish progress on tackling the climate crisis in the last three years. The European Union institutions have been actively trying to bring in the financial institutions to play a bigger role in financing needed low-carbon energy initiatives. One is the … Continue reading The European banking sector has made sluggish progress on tackling the climate crisis in the last three years →