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Following the money: A sustainable finance odyssey

GreenBiz

The ensuing conversations — and, no doubt, many more to come — are a continuation of the learning journey I’ve been on for the past few years, seeking to understand the role of the financial sector in advancing sustainability solutions and a clean, decarbonized economy. Even still, last week’s conversations were a real eye-opener.

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Guest Post – Investing in Resilience: The Insurance Industry’s Role in the Net-Zero Transition

ESG Today

According to recent research, at least USD 10 trillion of insurance cover will be needed to decarbonize the energy, transport and building sectors – from insuring the construction of offshore wind and solar farms, to the provision of electric vehicle cover and heat pump warranties.

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A deep dive into the rise of non-financial reporting and what it means for business

We Mean Business Coalition

Whether investors find Scope 3 comparable or not, the inclusion of Scope 3 reporting in most non-financial reporting standards is essential for decarbonization in line with a 1.5 ° C pathway as set out by the IPCC scientists. Non-listed SMEs can also voluntarily report using the CSRD’s upcoming VSME framework.

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The Future of Climate Investing

3BL Media

Free acknowledged that while these efforts are important and worthwhile, there needs to be more focus on decarbonization. Fortunately, in the past year, investors have started focusing more on decarbonization and offsets, according to Free. They need to showcase they are having a positive impact on the climate as well,” said Free.

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25 badass women shaping climate action in 2021

GreenBiz

"We have an opportunity to extend the recent response of regulators, businesses and investors on climate change to nature; both are interrelated and both pose a systemic risk to the global economy.". Mellody Hobson, Co-CEO and President, Ariel Investments. LinkedIn | Twitter.

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COP29 takeaways: a turning point for climate finance, but falls short on fossil fuels

We Mean Business Coalition

Companies poised to act early will find themselves at the forefront of the growth markets in the global economy. This positions the UK as a leader in rapid decarbonization, setting a high benchmark for other developed nations. The UK will deliver its full plans in 2025.