Chris Hall

SEPTEMBER 11, 2023

The UK initially committed to introduce mandatory disclosure of transition plans from financial institutions and listed companies during the COP26, resulting in the formation of the Transition Plan Taskforce (TPT) in 2021.

Banking 59

Banking Net Zero Development COP26 59

Chris Hall

AUGUST 2, 2022

The absence of standardised rules and consistent approaches, combined with a fast-evolving regulatory environment, requires asset managers and banks to be fleet-footed in order to keep up, let alone stay ahead. . China’s central bank undertakes quarterly assessments of 24 major banks on their green finance performance.

Banking 52

Banking Development COP26 Greenwashing 52

Chris Hall

SEPTEMBER 27, 2023

Earlier this year at the summit for a New Global Financing Pact , new World Bank President Ajay Banga announced the launch of the Private Sector Investment Lab to develop and scale solutions that address the barriers preventing private sector investment in emerging markets.

Net Zero 86

Net Zero Development Banking Green Bonds 86

Chris Hall

JUNE 17, 2022

Given the lack of progress on these fronts by many of its banking members, it was no surprise that GFANZ, the umbrella body for finance sector efforts to adopt net zero-aligned business models, simultaneously issued a proposed framework to help financial institutions to develop credible transition plans.

Net Zero 52

Net Zero Greenwashing Digital Transformation Impact Investing 52

Chris Hall

NOVEMBER 11, 2022

Appetite for emerging market green, social, sustainability and sustainability-linked (GSSS) bonds has surged since the COP26 Summit which saw some of the world’s richest countries promise US$100 billion in finance for climate mitigation in developing countries. Gold standard.

Green Bonds 52

Green Bonds Banking Investment Banker Greenwashing 52

Chris Hall

NOVEMBER 9, 2022

New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. . We cannot afford any slow movers, fake movers, or any form of greenwashing,” said McKenna, speaking at COP27 yesterday. “We Banks lay out targets .

Net Zero 52

Net Zero Banking Paris Agreement Climate Change 52

Chris Hall

NOVEMBER 25, 2022

In the circumstances, others noted , preventing backsliding from COP26 was no mean achievement, nor were the efforts of Indonesia and India to maintain the G20 leaders ’ commitment to climate action last week in Bali.

Banking 52

Banking Climate Change Supply Chains Supply Chain 52

Chris Hall

JUNE 22, 2022

At the same time, the credibility of their climate strategies has been brought into question both by greenwashing scandals and recent analyses of the Paris-alignment of fund offerings. . European banks have financed upstream oil and gas expansion by more than US$400 billion since 2016, ShareAction research has found.

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

FEBRUARY 25, 2022

Banks and financial institutions, for example, will need to observe the complex and evolving web of new sanctions with more rigour than some have managed their compliance obligations in the past. As some noted , legislative momentum on sustainability and climate was already slowing, just 100 days after COP26.

COP26 52

COP26 Net Zero Climate Change Banking 52

Carlos Sanchez

NOVEMBER 24, 2021

Furthermore, expansion to new sectors, faster cuts of the supply of allowances and other climate policies like EU’s fit-for-55 or COP26 adoption of Article 6 are pushing prices up. Besides, a third of the respondents consider offsetting as pure greenwashing. Offsetting is often hypocrisy, and it is swirling around at #COP26.

Carbon Offsets 59

Carbon Offsets Net Zero COP26 Climate Change 59

Chris Hall

NOVEMBER 9, 2022

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. On this critical issue, there has been no absence of good intent.

Net Zero 52

Net Zero COP26 Banking Climate Change 52

Chris Hall

OCTOBER 28, 2022

Twelve tumultuous months later, the UK premier has a chance to prove that vision was not governmental greenwashing. Signals are mixed so far with the demotion from cabinet of the climate change minister and COP26 President Alok Sharma, and non-attendance of COP27 , on grounds of an economic crisis.

Net Zero 52

Net Zero UNEP Climate Change COP26 52

Carlos Sanchez

DECEMBER 18, 2022

In 2022, the voice against “greenwashing” practices was clear and loud. Goldman Sachs ‘s and Deutsche Bank’s DWS) for exaggerating claims about their products’ sustainability credentials. Figure 2: Word Greenwashing rated 100 in popularity in 2022 – source Google Trends.

Net Zero 52

Net Zero Carbon Offsets Supply Chain Supply Chains 52

Chris Hall

JUNE 5, 2023

UKSIF banks “phased approach “ to sustainability disclosures for SMEs to reduce compliance burden of UK ’s proposed non-financial reporting requirements.

Sustainable Investment 52

Sustainable Investment Climate Change Banking COP26 52

Carlos Sanchez

APRIL 28, 2021

Even JPMorgan, the bank financing the operation, declared regretting its support. There are +600 ESG ratings and rankings, 4,500 ESG KPIs and several ESG-related research from other organisations such as investment banks that can be used to produce ratings according to WBCSD. On top of that, clubs face millions in financial penalties.

Value Creation 52

Value Creation CDP COP26 Sustainable Investment 52

Corporate Knights

OCTOBER 3, 2022

and Canadian banks are threatening to withdraw because of new membership criteria requiring a fossil fuel phase-down. The displeasure, especially by large North American banks, threatens to rupture the increasingly fragile alliance. says Baltej Sidhu, an analyst with National Bank of Canada, in an interview with The Globe and Mail.

Net Zero 360

Net Zero Banking COP26 Greenwashing 360

Corporate Knights

JULY 4, 2022

Net-zero commitments proliferated ahead of COP26, held last November in Glasgow. Banks, insurance companies and institutional investors – including many of Canada’s biggest financial institutions – rushed to join the Glasgow Financial Alliance for Net Zero , led by former Bank of Canada governor Mark Carney.

Net Zero 345

Net Zero Greenwashing Paris Agreement Banking 345

Corporate Knights

OCTOBER 24, 2022

Late last year, in the wake of COP26, the U.K.’s Earlier this year Coldplay announced that its air travel would be powered by green jet fuel but was then accused of greenwashing for partnering with Neste, whose controversial “sustainable aviation fuel” might not be entirely green. And they have to do it quickly.

Climate Change 279

Climate Change Manufacturing Carbon Offsets Net Zero 279

Chris Hall

NOVEMBER 23, 2022

South Africa signed a JETP at COP26 in Glasgow, which committed France, Germany, the UK, the EU and the US to supporting its clean energy transition through US$8.5 billion in first-phase financing, provided through grants, concessional loans, investments and risk-sharing instruments over three to five years.

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Corporate Knights

NOVEMBER 16, 2022

I spent a large part of my career working on international finance at the World Bank and the United Nations and now advise public development and private funds and teach climate diplomacy focusing on finance. Getting to net-zero – without greenwashing. In 2021, the financial sector arrived at COP26 in full force for the first time.

Net Zero 246

Net Zero Greenwashing Banking COP26 246

Chris Hall

OCTOBER 14, 2022

Examples include Bank of Canada and Canada Pension Plan Investment Board. The report says that plan should “formalise, standardise, and extend commitments that many Canadian financial institutions have already voluntarily made”, including through the Glasgow Financial Alliance for Net Zero initiatives born out of last year’s COP26 Summit.

Climate Change 52

Climate Change Net Zero Paris Agreement Banking 52

Chris Hall

NOVEMBER 4, 2022

The UK has delivered its account of the progress made under its COP26 presidency, but with only 26 countries having made good on the Glasgow commitment to resubmit nationally determined contributions before arriving in Sharm El Sheikh, evidence is inconclusive.

Paris Agreement 52

Paris Agreement COP26 Net Zero Green Bonds 52

Richard Matthews

MARCH 14, 2022

This includes sanctions against Russian banks (access to SWIFT), and bans on exports (electronics, refining equipment, military supplies etc.). At the most recent climate talks (COP26) Ukraine announced that it was joining the Powering Past Coal Alliance promising to phase out coal by 2035. Ukraine delivered more than promises.

Climate Change 90

Climate Change Supply Chain Supply Chains Digitalization 90