Corporate Knights

JUNE 19, 2024

When those 16 nations went to the bank for financing, they were told there was no point in trying. The federal Indigenous loan guarantee program, announced in Budget 2024 , opens up $5 billion in loan backstops for First Nation energy and natural resource projects, from pipelines and mines to solar parks and wind farms.

Stranded Assets 173

Stranded Assets Net Zero Development Banking 173

Corporate Knights

JULY 5, 2023

Those that do report will be required to provide detailed reports on their governance processes, strategy, risk - management practices, metrics and targets related to their sustainability risks and opportunities. Companies adopting the standard are expected to start the reporting process in 2024, meaning the first reports will be public in 2025.

Greenhouse Gas Protocol 246

Greenhouse Gas Protocol Stranded Assets COP26 Development 246

Corporate Knights

JULY 25, 2023

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” Those guidelines are due to be released in 2024. We are bending the curve on Canada’s fight on pollution.” That work was meant to conclude by 2020.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

JANUARY 30, 2024

While indirect risks remain predominant, litigation could target asset owners following increased focus on financial institutions. Investors will be increasingly subject to direct climate litigation risk in 2024 rather than indirect risks through investments as the types of cases brought evolve.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. trillion USD in fossil fuels. Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

JANUARY 30, 2024

While indirect risks currently remain predominate, litigation could target asset owners following increased focus on financial institutions. Investors will be increasingly subject to direct climate litigation risk in 2024 rather than indirect risks through investments as the types of cases brought evolve.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

MARCH 16, 2022

The resolution will help to forge an international legally binding agreement by the end of 2024. Launched in 2018, they act as a global guiding framework for banks, insurers and investors. In early March, a UN resolution to end plastic pollution was endorsed at the UN Environment Assembly.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98