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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

Morgan Stanley will measure CO2 impact of loans and investments. Mon, 07/27/2020 - 00:15. environmental NGO Sierra Club, hailed the move as "a major step in the right direction" for Morgan Stanley, and said all banks claiming to support the goals of the Paris Agreement also should follow suit. Michael Holder.

Banking 365
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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. In terms of sustainable capital expenditures, as a whole the 20 companies projected total sustainable investments of $528 billion (all figures in U.S.

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Regulator Bans HSBC Ads Highlighting Green Activities as Misleading

ESG Today

HSBC unveiled its climate finance target in 2020 , aiming to support customers with between $750 billion and $1 trillion of finance and investment by 2030 to help with their low-carbon transition, alongside a commitment to align its financing activities with the goals of the Paris Agreement.

Net Zero 136
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Investment Firm Ramps up Clients' Sustainability Efforts

3BL Media

The investment firm has spent more than two decades helping companies adopt climate-friendly business models which will continue this year with a focus on the phase-out of unabated coal generation by 2030 for developed markets and 2050 for developing markets, in order to achieve the goals, set out in the Paris Agreement.

Net Zero 130
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Take Five: Ready to Engage

Chris Hall

Europe’s new code – As Ursula von der Leyen mulled over the composition of her top team for the next five years , the European Commission’s incoming finance chief was already getting advice on the future of sustainable investment. Three agencies are organising a series of six events – dubbed the NDCs 3.0

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A Blueprint for Closing the SDG Financing Gap: How to Raise $290 Billion in 12 Months to Tackle the World’s Biggest Problems

James Militzer

In 2009, developed countries committed to mobilizing US $100 billion per year for climate action in developing countries by 2020. As of 2020, the annual SDG financing gap for developing countries stood at $4.2 They failed. trillion — up from $2.5 trillion pre-pandemic.

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EU Guidance on Net Zero Cooperation Due in Q2 2022

Chris Hall

“The Commission has been quite open about wanting to see competition as a tool for delivering sustainability goals,” said Kirrage. Following a consultation initiated in September 2020, the Commission has accepted the need to provide clarity on the circumstances in which cooperation on sustainability-related objectives is permissible.