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Benioff-backed software startup helps companies get smarter about climate risk

GreenBiz

"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.

Banking 330
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Scotiabank's Net-Zero Research Fund Now Accepting Applications in Celebration of World Environment Day

3BL Media

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's Climate Commitments. Scotiabank is a leading bank in the Americas. Caribbean and Latin American academic and not-for-profit communities. Learn more here: [link].

Net Zero 130
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AB: As Climate Change Gets Hyperphysical, Investors Should Too

3BL Media

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.

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S&P Acquires Largest Sustainable Bond Rating Provider Shades of Green

ESG Today

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 Climate Research (CICERO).

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S&P Global Launches Climate Center of Excellence Focused on Climate, Environmental, and Nature Research

ESG Today

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. ”

Academics 117
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Don't let climate grief and despair defeat climate solutions

Corporate Knights

. $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 climate research around 1984, according to Fire Weather author John Vaillant. The crisis is obvious, and obviously terrifying.

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Farmers, Financiers Urged to Seek Pastures New

Chris Hall

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).

Banking 72