Empati’s Post

"Funding for polluting industries far outstrips support for climate change mitigation.": we are in a climate emergency. "Top banks are funding two of the world’s most polluting industries far more aggressively than governments are funding solutions, a new report reveals. Banks including HSBC, Citigroup and JP Morgan Chase have poured almost €3 trillion into the expansion of fossil fuels in the Global South since the Paris Agreement on Climate Change was adopted seven years ago. A further €340 billion has been funnelled into industrial agriculture, the second major cause of climate change, according to an analysis by NGO ActionAid." #banks #climatecrisis #climategoals #parisagreement #energy #future #sustainability Read more & #shareyourthoughts https://lnkd.in/ea6M7jdj

Top trends in 2024 includes "Nature's role" and "Full disclosure" while mobilising global capital for Climate Action. In order to drive sustainability, get to know the org and people behind Climate bonds and the take a deep dive in 'Use of proceeds' in bonds that make them sustainable. Climate Bonds was created with a vision to mobilise institutional investors to counter the short-termism and vested interests that infect politics and finance and undermine action on climate change. Read all about their standards and certification labelling of Entities, Assets, bonds, loans & other instruments. Rigorous science-based criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to 1.5 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change. #Climatebonds #climaterisk #Consultant #Emergingrisk #Transitionplan #netzero2050 #Taxonomy #DNH #minimumsocialsafegurads #TNFD #TCFD #useofproceeds

The Investor Group on Climate Change (IGCC) has recently released a great summary report, outlining the tension between engaging with, and divesting from, fossil fuel assets. With investor engagement increasing in New Zealand, we’re pleased to see the conversation shifting away from divesting as the default. To learn more head to: https://lnkd.in/gitzYYEf 

Engaging on climate can reduce emissions & enhance returns https://lnkd.in/dnxhV5NY Kondi Nkosi | Country Head | South Africa | Schroders |  Climate change poses risks to economies, companies, and investments. It is an important focus for us as active owners of assets on behalf of our clients.  Many companies are carefully considering their exposure to climate risk and outlining their decarbonisation ambitions. What role can active ownership play in this, while also protecting and enhancing the value of investments?... #climate #investments #carbon #emissions #risk #returns Kondi Nkosi Schroders

Engaging on climate can reduce emissions & enhance returns https://lnkd.in/dvByWq25 Kondi Nkosi | Country Head | South Africa | Schroders |  Climate change poses risks to economies, companies, and investments. It is an important focus for us as active owners of assets on behalf of our clients.  Many companies are carefully considering their exposure to climate risk and outlining their decarbonisation ambitions. What role can active ownership play in this, while also protecting and enhancing the value of investments?... #climate #investments #carbon #emissions #risk #returns Kondi Nkosi Schroders

On 14 November ICE and Make UK are hosting Compensate and Abate: The Pathway towards Net Zero Summit. Led by Stephen Phipson CBE and including a key note by Nigel Topping, CMG this event will showcase a host of practitioner led panels. We'll be highlighting the UK's leadership role and capabilities in climate finance and climatetech with the objective of bringing action to the fore and catalysing much needed demand to scale primary carbon credit issuance from a small private market to a burgeoning, transparent and public capital market. The atmosphere is rooting for a podium finish. 🥇 Primary corporate debt market issuance of ~$2 trillion. 🥈 Primary equity market issuance of ~$200 billion. 🥉 Primary carbon allowance ("compliance") issuance of ~$60 billion. https://lnkd.in/e6S9J6Vd

The US, with a GDP of roughly $20 trillion, would need $0.9 trillion of climate investments, so the majority will need to come from the private sector. Read more from @MJHudsonCorp 👇 https://lnkd.in/ex5fnJ5E #InflationReductionAct #ClimateChange

🌿 "Carbon credits – when unique, real, permanent, additional, measurable, third-party verified and carried out alongside decarbonisation efforts – are a cost-effective solution for keeping global climate goals within reach" 🔍 A recent We Mean Business Coalition article in Euronews underscores the critical need for transparency and robust quality standards to ensure the effectiveness of carbon offsets in mitigating #climatechange and references our work and VCMI in providing the rules needed to usher in a new chapter for the #voluntarycarbonmarket .    Our assessments of carbon crediting programs and categories of carbon credits for adherence to the Core Carbon Principles are now well underway and we look forward to announcing the first results next month.✔   🔗 Read the full article here - https://lnkd.in/gVEHwht4   #CarbonMarkets #ClimateAction

While 2022 threatened to become another lost year in the fight against climate change, it has turned out to be the most consequential year so far, in terms of US ESG regulatory developments. Read more from @MJHudsonCorp 👇 https://lnkd.in/ex5fnJ5E #InflationReductionAct #ClimateChange