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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

The announcement marks a major coup for the PCAF and is a landmark green move for Morgan Stanley, one of the world's largest and most recognizable private banking groups, which from 2016 to 2019 invested more than $91 billion n fossil fuels, according to the Rainforest Action Network.

Banking 365
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Call for Investors to Tackle Timber, Pulp Inertia

Chris Hall

Customers and investors should exert greater influence over the tropical timber and pulp sectors, sustainable investment experts have said, in light of leading sector firms’ failure to reduce and report their exposure to deforestation risks. in 2019 to 24.1% in 2019 to 14.3% in 2017, when the assessments began.

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Delays Stoke Doubt Over UK Green Finance Policies

Chris Hall

COP27 deadline for Green Finance Strategy likely to be missed, as investors await details on sustainable investment framework. According to some experts, the UK’s COP26 presidency, which ends in November, risks losing momentum if the UK is no longer seen as a global leader on measures to mitigate climate change.

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Starting to Adapt 

Chris Hall

Developed countries have also been asked to prepare a report on doubling by COP29. Bureaucratic barriers The failure in scaling blended finance in a meaningful way is well known – flows are decreasing with volumes falling to a 10-year low in 2022, according to the latest Convergence report.

UNEP 64
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Dependent on Nature

Chris Hall

According to an Intergovernmental Panel on Climate Change (IPCC) special report on Climate Change and Land from 2019, agriculture, forestry and other land use account for around 23% of total net anthropogenic emissions of greenhouse gases (GHG). It also plays an important role in regulating climate change.

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ESG Overload 

Chris Hall

UK asset owners are feeling the squeeze from sustainability reporting, but they are working on ways to ease the pinch. Despite both being voluntary, they quickly became industry norms, along with a minority of asset owners starting to do voluntary Task Force on Climate-related Financial Disclosures (TCFD ) reporting in 2019/20.

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Sustainability trends 2023

Carlos Sanchez

Among investors, sustainable investing is evolving from negative screening toward engaging with companies. Impact investing is getting traction and, in 2022, reached 1.2 trillion in AUM, according to a report by the Global Investing Network. In this context, the case to demonstrate impact has gained in popularity.