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“Room for Improvement” in Climate Risk Tools – UNEP FI

Chris Hall

Climate risk tools available to financial institutions suffer from shortcomings in data inputs and scope, despite recent consolidation and technology innovation, according to a new report by the UN Environment Programme Finance Initiative (UNEP FI).

UNEP 98
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Time for a fair phase out of fossil fuels

Corporate Knights

It’s hard for an oil giant to ignore: in 2021, Shell labelled fossil fuel divestment campaigns a “material risk.” C above pre-industrial levels, according to the United Nations Environment Programme (UNEP). Second, wind down production of existing fossil fuel stockpiles at the needed 5% annually, as per UNEP.

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Updated climate commitments ahead of COP26 summit fall far short, but net zero pledges provide hope, says UNEP report

Envirotec Magazine

C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On. Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net zero pledges could make a big difference.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

The proposed solution for net zero targets and progress aims to improve transparency and accountability, but will need to consider existing guidance. But there is still room for hope that net zero commitments – and subsequent progress on decarbonisation – can be transparent, aligned and ambitious.

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The ESG Interview: Dancing into the Mainstream

Chris Hall

This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”.

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Nature, Climate Integration Key to Net Zero Transition – F4B

Chris Hall

F4B launched its net zero transition framework to help asset owners and other financial institutions adopt a fully integrated approach to climate and nature risks and impacts. There is an urgent need to approach the transition to both a net-zero and nature positive world in an integrated way.

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AllianceBernstein: Reflections on COP28: Opportunities Amid Challenges

3BL Media

According to global consulting firm McKinsey , helping higher-emission industries and economies pivot to a lower-carbon economy would involve spending US$275 trillion on physical assets for energy and land-use systems between 2021 and 2050. C using the Net Zero 2050 scenario from the Network for Greening the Financial System.

UNEP 147