Remove 2010 Remove Banking Remove Stranded Assets
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The High Cost of Climate Inaction

3BL Media

The latest IPCC summary on climate mitigation also emphasized that carbon emissions have increased since 2010. As the recent Intergovernmental Panel on Climate Change (IPCC) report on climate adaptation stated: “Global warming, reaching 1.5°C C goal will fall quickly out of reach.”.

Net Zero 130
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Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

Chris Hall

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ).

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Private Equity Firms Are Paving the Way to a More Sustainable Future 

Richard Matthews

Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. percent between 2010 and 2021 while renewable-focused funds gained 8 percent in the same time frame. Banks are now providing more funding to clean sources of energy than to fossil fuels.