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"But solutions come from understanding the problem — climate intelligence is a new $40 billion market category, which seeks to provide us with answers." . And the idea is to open up the platform to banks, regulators, investors and others involved in financing projects or approving new infrastructure.
Launched last year, the $10 million fund is an initiative that will advance research and leadership in support of global decarbonization as part of the Bank'sClimate Commitments. Scotiabank is a leading bank in the Americas. Caribbean and Latin American academic and not-for-profit communities. Learn more here: [link].
In many cases, more intel can be gained from dialogue than from data, especially when physical climate-risk reporting is still relatively new for many companies. This was the case with a large South American bank, whose most significant financial threat comes from—of all things—farming.
Leading credit ratings, benchmarks and analytics provider S&P Global announced today the acquisition of the largest external reviewer of sustainable bond and green financing frameworks Shades of Green from Norway-based Center for International ClimateResearch (CICERO).
Key research focus areas for the new center include physical climate hazards, Earth systems tipping points, nonlinear climate impacts, probabilistic risk modeling, coupled climate and macroeconomic modeling, supply chain exposure, Scope 3 emissions, and financial impact quantification. ”
. $200 million buys a lot of misleading PR and backroom arm-twisting, and that’s what fossil companies have spent on climate delay and denial since they turned their backs on their own early climateresearch around 1984, according to Fire Weather author John Vaillant. The crisis is obvious, and obviously terrifying.
Livestock funding swells US banks’ financed emissions, research warns, as Brazil’s cattle sector told to get to grips with transition. Ninety-seven percent of the financing came from 15 creditors, including the ‘Big Three’ US banks: Bank of America (US$26.5 billion), Citigroup (US$23.8 billion).
From technology and sustainability, venture capital and startups, real estate and banking, and all types of small businesses the Business Journal covers the most relevant and timely topics for San Francisco’s business community.
Climate expertise is concentrated in academic settings, rather than industry, and existing climateresearch, models and scenarios do not adequately capture risks to businesses. Industries with direct exposure to climate change – such as utilities, energy and materials – are more likely to disclose financial impacts.
Bloomberg’s sustainable index offerings are built on our comprehensive, cross-asset indices, and Bloomberg’s index team collaborates with ESG and climateresearch teams across the firm to produce and maintain strategic, and often groundbreaking, benchmarks.
Bank on climate finance opportunities From historic droughts to powerful cyclones, extreme weather is putting Africa’s food systems in a dangerous cycle. Farmers and agribusinesses, already struggling to support the continent’s growing population, are now forced to confront the added shocks of climate change.
Program Objectives To support client and partner efforts to better discern, analyze and integrate financially material climate change considerations into their investment and capital allocation decisions. With time, thematic bonds will probably become the most important source of this financing. Views are subject to change over time.
Dr. Abdel Aziz has extensive experience as an author and reviewer of key climateresearch including acting as a lead reviewer for reviewing annex I parties national communications, biennial reports, and inventories and as an expert for the waste sector.
Iceland received a ‘ dark green ’ rating on blue and green issuances from the Cicero Centre for International ClimateResearch (now part of S&P) – the highest available. This grade is allocated to projects and solutions that present a long-term plan for a climate-resilient future.
Implications and limitations Climate scenarios have a range of use cases and are becoming key tool in climate risk management, according to Aurelia Britsch, Senior Director, Global Head of ClimateResearch at Sustainable Fitch.
The blue economy from pole to pole The World Bank has defined the blue economy as the “sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health”. 1 The concept emphasizes the importance of conserving ocean ecosystems while harnessing their potential for economic growth and development.
For the past three years, the company has focused on tracking corporate climate commitments and providing data and insights into VCMs through a single, platform. He added this will position MSCI to offer insights into companies’ transition plans, the quality of existing carbon credits, and the carbon credit pricing outlook.
Artificial intelligence (AI) is present in our lives in many areas, from phones where we can easily access almost any information anywhere in the world to supermarkets where we can shop with a ‘click’; from banks where we can easily process transactions online to social platforms where we spend most of our time.
buildings to be more sustainable, clean energy manufacturing and climateresearch and development. . Multilateral development banks, or MDBs, are one of the largest sources of climate finance for developing countries, reporting over $39 billion collectively in 2019. It also includes retrofitting U.S.
As a policy advisor for the Canadian Climate Institute, the climateresearcher demonstrated how Indigenous research can be integrated into climate policy. Her report with the Yellowhead Institute, Bad Forecast , exposed the lack of meaningful Indigenous inclusion in climate-adaptation policy-making in Canada.
The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas. The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement.
By bridging ESRS E1 and the CDP question bank, companies can cut reporting complexity, tap into richer climate data and unlock real business value. By illustrating the alignment between ESRS E1 and the CDP question bank, we support reporting efficiency by fostering commonality and avoiding multiple reports.
If a Trump victory provides the opportunity, the industry will be ready, The Washington Post reports , citing internal documents produced by the 30-member American Production and Exploration Council (APXC) and obtained by climateresearchers at Fieldnotes. Why such a fuss?
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