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OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

Ahead of COP29, report calls for systemic risks of climate change to be viewed through both real economy and financial sector lens. Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.

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Policy Gaps Curbing Private Climate Finance Flows

Chris Hall

The GSIA’s report contains recommendations for three groups – policymakers, investors, and COP29 negotiators – to overcome barriers preventing action on climate change and mobilising net zero-aligned public and private finance. C temperature pathway.

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Reflecting on COP27's Loss and Damage Fund Agreement

3BL Media

DESCRIPTION: Talk of progression and urgent solutions reverberated throughout the COP27 crowd, during the long-drawn-out summit, as leaders made a desperate bid to clinch climate deals. degrees Celsius (above pre-industrial levels) as outlined in the landmark Paris Agreement, through a collection of decisions.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway by 2050, in support of the Paris Agreement. AB believes that climate risk is an investment risk, and it’s essential to consider the material, physical, and transition risks and opportunities of issuers the firm invests in. AB publishes its annual Climate Change Statement & TCFD Report on our website.

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Sustainable Bond Issuance on Track to Grow to $950 Billion in 2023, Despite Q3 Pullback: Moody’s

ESG Today

The quarter also saw a continued divergence in regional GSSS trends, with sustainable bond volumes representing 19% of total bond issuance in Europe year-to-date, compared to only 4.5% Despite the pullback, Moody’s maintained its full year forecast for green bond issuance of $550 billion, up more than 10% over 2022.

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FTSE Russell Launches New Climate Transition-Focused Fixed Income Indices

ESG Today

Founded in 2017, the Transition Pathway Initiative is a global initiative led by asset owners and supported by asset managers that assesses companies’ preparedness for the transition to a low-carbon economy and supports efforts to address climate change. FTSE Russell launched its initial TPI Climate Transition Index in 2020.

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ESG Today: Week in Review

ESG Today

Going Purpose:” Patagonia Owner Donates Entire Company to Fight Climate Change. DWS Expands Paris Agreement-Aligned ETF Suite. Nordea Issues First-of-its-Kind Bond to Fund Climate-Focused Sustainability-Linked Loans. Union Pacific Issues $600 Million Green Bond to Fund Decarbonization Investments.