Corporate Knights

DECEMBER 9, 2022

At the same time, the five largest Canadian banks have provided $700 billion to the fossil fuel sector since 2015 and doubled their year-over-year financing in 2021. The government can also use other forms of economic planning to accelerate a rapid transition, combining green central banking tools with a coordinated green industrial strategy.

Stranded Assets 299

Stranded Assets Net Zero Supply Chains Supply Chain 299

Chris Hall

APRIL 14, 2023

Jessye Waxman, Senior Campaign Representative, Fossil-Free Finance Campaign, Sierra Club, says climate-related shareholder resolutions give banks necessary guardrails for transition financing. These claims are a misrepresentation of resolutions that simply aim to reduce banks’ exposure to climate-related risks.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

3BL Media

SEPTEMBER 23, 2022

To gain insight into China’s decarbonization efforts, AllianceBernstein (AB) has partnered with the Columbia Climate School at Columbia University in a workshop program entitled The Making of a Green Giant: Decarbonization with Chinese Characteristics. Case Study: Stranded Assets and the Economics of a Chinese Power Plant.

Stranded Assets 130

Stranded Assets Decarbonize Climate Change Development 130

Corporate Knights

JANUARY 25, 2023

You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. But companies won’t meet the challenge by dodging it, or lobbying themselves into a corner, surrounded by their own stranded assets. On the face of it, it is. Investor pushback Investors are paying attention.

Climate Change 317

Climate Change Net Zero Stranded Assets Shipping 317

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.” “The simple reality is that it’s no longer free to pollute in Canada,” Guilbeault told media Monday morning. “We Carbon Capture Backed by Carbon Offsets?

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Sustainable Development Network

AUGUST 30, 2019

The dialogue explored the vision and challenges for countries to achieve decarbonization by 2050. In the LAC region, Costa Rica and Chile are committed to this goal, along with other countries such as Colombia, currently exploring different pathways towards deep decarbonization.

Paris Agreement 52

Paris Agreement Stranded Assets Decarbonize Climate Change 52

Richard Matthews

FEBRUARY 21, 2022

Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. In the first half of 2021, 80 percent of energy money went towards renewables or 25 times fossil fuel asset funding. Banks are now providing more funding to clean sources of energy than to fossil fuels.

Impact Investing 76

Impact Investing Value Creation Net Zero Stranded Assets 76