Corporate Knights

FEBRUARY 14, 2023

Follow This plans to introduce a resolution at BP’s annual general meeting in May calling for the company to align its 2030 targets with the Paris Agreement. They are stewards of the global economy and should realize that the only formal power they have is the power of the vote.”

Net Zero 337

Net Zero Stranded Assets Global Economy Paris Agreement 337

Chris Hall

NOVEMBER 3, 2023

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. 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

JULY 31, 2023

Minsky Moment Carbon Tracker warned that as a result a wealth-damaging correction or “Minsky Moment” – whereby a sudden decline in market sentiment leads to a market crash – was virtually inevitable.

Climate Change 98

Climate Change Stranded Assets Banking Climate Scientist 98

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

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

APRIL 14, 2023

Charlotta Dawidowski Sydstrand , Head of ESG at AP7, explains how universal owner s can exert collaborative pressure to drive sustainable outcomes in the global economy. This, says Sydstrand, creates a “ripple effect” in the global economy.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

AUGUST 23, 2023

Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play? Encouragingly, governments are also demonstrating a willingness to work together.

Shipping 81

Shipping Net Zero Stranded Assets Development 81