A new report published by the Columbia Center on Sustainable Investment (“Finance for Zero: Redefining Financial-Sector Action to Achieve Global Climate Goals”) finds that financial institutions’ climate strategies are far off track from what’s needed for climate action, and even from their own commitments. The financial sector’s climate commitments “often overstate or misrepresent the extent to which they support … Continue reading New report from Columbia Center on Sustainable Investment finds that financial institutions’ climate strategies are far off track from what’s needed for climate action
Category: financial instruments
Fears that key upcoming climate and finance summit in Paris is not being taken seriously
Just two weeks ahead of a key climate and finance summit, only two developed country leaders have promised to turn up. Joe Lo discusses latest developments in an article on the Climate Home News website. Rich world’s leaders fail to commit to Paris global financing summit Two weeks ahead of a highly-anticipated climate finance … Continue reading Fears that key upcoming climate and finance summit in Paris is not being taken seriously
Silencing climate voices in the insurance industry, but not actions
There have been recent attacks by Republican-led states in the US against investors and insurers who integrate the risks of climate change into their business models. Rachel Kyte, Dean of the Fletcher School at Tufts University writes on The Conversation website that, while voices may have changed, for the most part actions have not. Fewer … Continue reading Silencing climate voices in the insurance industry, but not actions
Dutch government announces major funding for climate measures
A news item on the Dutch News website details the latest funding for climate measures in The Netherlands. The approach is to ensure climate policy ‘works for everyone, no matter where they live, their age or their income.’ Is it enough? Cabinet allocates €28bn to slashing CO2 emissions The cabinet is to spend €28 … Continue reading Dutch government announces major funding for climate measures
Hopes that green capital markets could quickly close Europe’s green investment gap are overblown
The Jacques Delors Centre recently published a policy brief by Sebastian Mack. He argues that with key reforms of the Capital Markets Union stalled, the European Green Deal will rely mainly on bank lending. EU policymakers should acknowledge this and shift the focus to greening banks. The Jacques Delors Centre, founded by Jacques Delors in … Continue reading Hopes that green capital markets could quickly close Europe’s green investment gap are overblown
What the new head of the World Bank needs to cope with
Rachel Kyte, Dean of the Fletcher School, Tufts University, writes on The Conversation website about what the next head of the World Bank needs to do to address our climate and debit crises. It should be noted that Ajay Banga is the only candidate for World Bank president. Can this former CEO fix the … Continue reading What the new head of the World Bank needs to cope with
The challenge for making the EU Green Deal industrial plan as effective as possible
In the race to avoid climate breakdown, talk of a subsidy race with the United States is misplaced. EU leaders would be better off focusing on making the Green Deal Industrial Plan as effective as possible to ensure win-wins, write Jakob Hafele and Jonathan Barth, co-founders of the ZOE Institute for Future-fit Economies, in an … Continue reading The challenge for making the EU Green Deal industrial plan as effective as possible
World Bank President, dogged by climate questions, will step down early
David Malpass’s decision to quit has delighted frustrated developing nations, donors, experts and campaigners. Fiona Harvey provides latest developments in an article on The Guardian website. Why World Bank head’s resignation is good news for climate crisis fight The resignation of David Malpass, president of the World Bank, was greeted with relief and joy … Continue reading World Bank President, dogged by climate questions, will step down early
With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments
Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts. Peter Bahorecz, chief networking officer at SunMoney Solar Group discusses the benefits of blockchain in an article on the Gulf Business website. Top 5 benefits of investing in blockchain-based solar energy programmes Blockchain-based solar energy investments have the unique … Continue reading With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments
Next steps for the Energy Charter Treaty?
Since October 2022, seven EU member states have announced plans to withdraw from the Energy Charter Treaty (ECT). Across the board, the message is clear: the insufficient and potentially climate-damaging treaty reform effort is no longer a politically viable option, write Christina Eckes, Lea Main-Klingst and Lukas Schaugg. Christina Eckes is a professor of European … Continue reading Next steps for the Energy Charter Treaty?
Energy in Demand - Sustainable Energy - Rod Janssen 