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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.

Banking 365
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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The analysis, " Banking on Climate Chaos 2021 ," underscores that while overall fossil fuel financing did tumble significantly in 2020, the total amount of financing provided to fossil fuel firms in 2020 was still more than $40 billion higher in 2020 than in 2016, at $750 billion. Overall, the world's leading banks have channelled $3.8

Net Zero 398
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Investors crank up the heat on bank fossil fuel financing

Corporate Knights

According to a new report, just 7% of bank funding has gone towards renewable energy between 2016 and 2022 , while the world’s banks continued to plow trillions of dollars into fossil fuel expansion. “The total amounts of clean energy financing in these years remained abysmally low: US$23.2 billion in 2016 and $34.5

Banking 351
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How open data can help countries address climate emergency impacts

GreenBiz

magnitude earthquake in Aceh, Indonesia, in 2016, disaster managers were able to able to identify which communities were at greatest risk due to rapid access to data. By using open data, disaster managers were able to develop 20 disaster contingency plans with communities. Delfina Grinspan. Wed, 04/07/2021 - 01:30. Enhanced monitoring.

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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. billion tonnes in 2016 but passed 100 billion in 2019 and is estimated at 101.4

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IOC Welcomes Admission As Observer Organisation to UN Climate Change

3BL Media

International Olympic Committee news This will enable the IOC to engage more effectively with the global efforts to address climate change, underscoring its commitment to reducing emissions and to leveraging the role of sport as an “important enabler” for the United Nations (UN) Sustainable Development Goals (SDGs). “We

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Beth Bafford: Making my money work for my kids and their future

Impact Alpha

Back then, in May of 2016, sustainable investing was gaining ground but was a relatively niche topic among believers (see the eye-popping chart below). The Paris Agreement and the Sustainable Development Goals had been drafted.