Remove Climate Change Remove Decarbonize Remove Stranded Assets
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Ten good news stories on climate and clean energy in 2024

Corporate Knights

But its true: Canada and the world made enormous strides addressing climate change and building a cleaner economy. This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. election and news that 2024 will almost certainly be the hottest on record.

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EU Insurance Regulator Calls for Higher Capital Requirements for Fossil Fuel Assets Due to Transition Risk

ESG Today

Climate change introduces transition risks related to the decarbonization of the real economy that may raise investment losses due to stranded assets, particularly in relation to economic activities unable to adapt their business models accordingly.”

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Canada is sleeping on the energy transition

Corporate Knights

A study published in the journal Nature found that Canada alone will face $100 billion in stranded assets by 2036, representing 35% of the book value of oil and gas properties for all oil and gas issuers listed on the Toronto Stock Exchange.

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AB: China's State-Owned Enterprises Hold Keys to Carbon Neutral

3BL Media

Understanding how SOEs fit into China’s green reform agenda can help investors identify companies that are driving change—and stand to benefit from efforts to combat climate change. Global efforts to combat climate change won’t be successful without China. The Investment Case. Engagement Goals.

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The Largest U.S. Pension Fund Just Rolled Out a Climate Transition Plan Focused on Risk and Opportunity

3BL Media

Just as critically, transition plans are about embracing the booming new clean economy, creating new markets, and investing in the next batch of winners as this shift continues to accelerate exponentially— and avoiding being left behind with dwindling markets, outmoded business models, and stranded assets. This year, a record $1.8

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Canada to Phase Out Public Fossil Fuel Financing

ESG Today

The guidelines released alongside the framework provide a standardized methodology to ensure that future government support is aligned with the country’s climate and energy priorities, and precludes funding of discretionary programs not aligned with the framework.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.