Chris Hall

JULY 31, 2023

The Real World Climate Scenarios initiative aims to address the issue by developing more relevant scenarios that integrate the complex the overlapping impacts such as geopolitical, extreme weather events, migration and stranded assets, among others.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

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. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 trillion USD in fossil fuels.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

NOVEMBER 3, 2023

“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our global economy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the global economy.

Paris Agreement 94

Paris Agreement Climate Change Stranded Assets Global Economy 94

Chris Hall

MARCH 16, 2022

With the global economy heavily reliant on ocean health, a sustainable future is paramount. To date, the ocean and its ecosystems have provided significant benefits to the global community, including climate regulation, coastal protection, food, employment, recreation and cultural well-being.

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Chris Hall

MARCH 2, 2022

Even Germany’s decision to permanently shelve Nord Stream 2 , the partial ejection of Russian banks from Swift , and oil and gas majors exiting equity partnerships with Russian companies in recent days have been ignored by the former intelligence officer. Economic sanctions have so far failed to shake President Vladimir Putin’s resolve.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chains 98

We Mean Business Coalition

NOVEMBER 12, 2021

It makes no long-term sense to continue pumping money into an asset that is already destined to eventually have no value — a stranded asset. With around 70% of the global economy now committed to net-zero greenhouse gas emissions, the urgency of exiting coal and completely phasing out fossil fuel subsidies is clear.

COP26 88

COP26 Net Zero Paris Agreement Development 88