Kita’s Post

🌍 "While complexities remain, the ongoing development of robust and diverse integrity initiatives is creating opportunities for those who can effectively navigate the carbon market," Julia Kaczyńska, CFA, Global Director of Structuring, South Pole 🌿 Thank you to the WBCSD – World Business Council for Sustainable Development for co-organizing our Fostering and Leveraging Carbon Portfolios: Best Practices and New Insights event hosted at our office last Wednesday as part of #LondonClimateActionWeek. Special thanks to Jennicca Gordon from Natural Climate Solutions Alliance and to our 💬 panel: Chris Leeds from IC-VCM, Standard Chartered, Sebastien Cross from BeZero Carbon, and South Pole's Julia Kaczyńska, CFA, Nadia K. and Dr. Daniel Klier. They shared their analysis on carbon portfolio management, insights into integrity and transparency developments, and opportunities for the Voluntary Carbon Market (VCM). 👉 Learn more about carbon portfolios and our other solutions: https://lnkd.in/eJRWKYFy #CarbonPortfolios #VoluntaryCarbonMarkets #ClimateAction #ClimateImpactforAll

✍️Sign up to start adopting the #TNFD Recommendations As the world meets at #COP28, nature is infused across the climate change agenda - as it should be. Climate change is only one of the nine planetary boundaries and one of the five recognised drivers of nature loss. At the Taskforce on Nature-related Financial Disclosures (TNFD), we are encouraged by the major financial institutions and multinational corporations from all major sectors who have already signed up to start adopting the recommendations of the #TNFD. Just in the last few weeks, Mizuho, Holcim and JDE Peet's have publicly signalled their intention to get started with nature-related corporate reporting using the TNFD recommendations alongside many others. ✍️Register online: https://ow.ly/T9ji50Q9QHb 🗓️ Deadline: January 10, 2024 🥼 🔎The science is clear. Nature loss is accelerating and compromising the ability of a growing number of ecosystems around the world to provide the flow of benefits and inputs from nature upon which business depend - freshwater flow, coastal floodwater protection, pollination services, healthy soils and many others. Nature is no longer just a CSR issue. It’s a strategic risk-management priority for every business and capital provider. Nature is also our best ally to achieve global climate targets. ❓ Why nature, why now? - https://ow.ly/BOYf50Q9Xuh 🌍🔥There’s nowhere to hide from nature risk. A growing number of investors recognise they can not diversify out of nature risk and market regulators are actively looking at nature-related sources of macro-prudential instability to economies and markets. 📢 Announced at the World Economic Forum, January 2024 Next month, during the Annual Meeting of the World Economic Forum in Davos, TNFD will announce the first cohort of TNFD Early Adopters. Join your leading industry peers by signing up to start adoption the TNFD Recommendations and be part of our Davos announcement. 🔗 Becoming an early adopter - https://ow.ly/Kn8s50Q9QHc ✍️Sign up online - https://ow.ly/T9ji50Q9QHb #Nature #biodiversity #naturefinance #sustainablefinance

This post by South Pole is a brilliant example of purpose-driven and social impact marketing! By addressing the complexities of the carbon market and highlighting integrity initiatives, they are paving the way for a more transparent and effective climate action framework. Incorporating this approach into your marketing can significantly enhance your brand’s impact. Start by engaging in partnerships that align with your mission, focusing on transparency and integrity, and hosting insightful events that drive change. Congratulations to South Pole, WBCSD – World Business Council for Sustainable Development, Jennicca Gordon, Chris Leeds, Sebastien Cross, Julia Kaczyńska, CFA, @Nadia K., and Dr. Daniel Klier for their commendable efforts in fostering climate action! #PurposeDrivenMarketing #ClimateAction #SouthPole #CarbonPortfolios #VoluntaryCarbonMarkets

Last month, the ECP leadership team was all over New York during #ClimateWeekNYC. We had meetings with ECP partners ERM, Microsoft, Toucan, and Solid World. We attended workshops with Massamba Thioye and Global Covenant of Mayors for Climate & Energy (GCoM)'s City Led Research and Innovation for Action on Climate Change. We listened to digital climate tech founders with Climate Collective and Anna Lerner Nesbitt. Plus, we ran some meetings of our own! Here are the key #ClimateWeekNYC takeaways from our team: Anna Lerner Nesbitt: "The voluntary carbon market is in a challenging spot, but stakeholders across the industry are coming together in a productive way—I walked away from many tough discussions feeling really hopeful. In addition, digital solutions for transparency and accountability is squarely on everyone's agenda." Bill Kentrup: "The continued ambition amongst governments (municipal to state), IGOs, financial institutions, exchanges, corporates, and other traditional climate finance players was strong, and covered—not only carbon credits—but also green bonds and other forms of carbon finance. Hence, while the voluntary carbon market works thoughtfully through real and perceived quality and credibility issues, the ambition and action to finance aligned assets continues to grow materially."  Steven Haft: "ECP has is roots in the DeFi/Innovation Finance community. This ecosystem has spawned more than $350 billion in market cap companies over the past very few years though investment and innovation. It is incumbent upon ECP—as one of the stewards of the ESG ambitions of this community—to advance the art of the possible within the carbon markets which serve a critical role in addressing our existential climate crisis." What was your most surprising takeaway from Climate Week NYC?

If you want to know more about Net Zero Transition Plans - this event is for you! #transitionplans

💡 ''AIFs – Navigating the roadblocks to adopt SBTS & finding your own path to Net Zero'' by Ian J Harcourt, | Country Head and Head of Institutional Banking, Luxembourg at RBS International ''The Science Based Targets initiative (SBTi) is fast becoming the standard for financial institutions looking to commit to a robust and trusted framework for decarbonisation pathways – but research, including our own at RBS International, has found that AIFs continue to struggle with roadblocks when trying to adopt SBTs and find their own path to net zero. Dialogue and bringing all internal and external stakeholders along will allow AIFs to deliver against their climate ambitions and show leadership in the field.'' Read the whole aricle here: https://lnkd.in/eXQHdjVb

The statement from Mike Bloomberg, Mark Carney, and Mary Schapiro emphasizes the importance of the U.S. Government’s Joint Policy Statement and Principles for responsible participation in #voluntarycarbonmarkets (VCMs). They highlight the need for increased investment in decarbonization projects to reduce emissions and support economic growth, job creation, and community empowerment. Key points include: The urgency of pursuing decarbonization to stay within the global carbon budget. The necessity of significantly increasing investment in the transition to a net-zero economy across all sectors and countries, particularly in emerging economies and developing countries. The potential of VCMs to provide catalytic investment, incentivize emissions reduction, and mobilize additional transition finance. The need for VCMs to deliver additional emissions reduction, benefit communities, respect human rights, and ensure that companies do not delay decarbonizing their value chains. The call for global policy coordination and high-level principles for integrated, high-integrity carbon markets. The importance of common supply, demand, market, and social integrity standards, leveraging the work of The Integrity Council for the Voluntary Carbon Market (ICVCM) and VCMI The critical role of market integrity and the need for appropriate data and market infrastructure to ensure a functioning global market. The statement concludes with a call to use all available tools to catalyze greater action, reduce emissions, and scale transition finance urgently.

Powerful article from Hans Stegeman at Triodos Bank worth reading. “Quite often, I find it challenging to comprehend our current situation. Despite mounting evidence of our detrimental impact on our environment, we are faced with an array of voices that attempt to downplay the severity of the issue” “Some even outright deny the reality of the human-made disaster unfolding before us, citing past instances of extreme temperature rises as justification” #innovation #greenfinance #sustainabilitymatters #developmentfinance

Last week, at the Hopkins Bloomberg Center in Washington D.C., Bloomberg Philanthropies, alongside co-hosts EDF and Center for Climate and Energy Solutions (C2ES) and partners VCMI and The Integrity Council for the Voluntary Carbon Market (ICVCM), hosted Secretaries Janet L. Yellen, Jennifer M. Granholm, and Thomas J. Vilsack and senior White House officials John Podesta and Ali Zaidi, announced a major step forward in developing voluntary carbon markets (VCMs).   In a joint policy statement, GFANZ Co-Chairs Mike Bloomberg and Mark Carney and Vice Chair Mary L. Schapiro welcomed the release of the U.S. Government’s Joint Policy Statement and Principles for responsible participation in VCMs.   This announcement has the potential to dramatically scale up private sector climate investments, help boost competitiveness, support job creation, and empower entrepreneurs, farmers, and communities to build a low-carbon future.   Read more: https://lnkd.in/e_F6CJv3 #GFANZ #ClimateFinance #VoluntaryCarbonMarkets #VCMs

I really love this guide ERM and the ERM Sustainability Institute produced in partnership with the Natural Climate Solutions Alliance and WBCSD – World Business Council for Sustainable Development. We need high-integrity Natural Climate Solutions to work transparently and effectively as part of addressing the climate crisis, and this piece of work spells out a good part of the how, especially for companies and financial institutions. More below and in the report itself. #climate #naturalclimatesolutions #finance