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SBTi Net Zero Standard to Boost Banks’ Transition

Chris Hall

The Science Based Targets initiative ’s (SBTi) much-anticipated Financial Institutions Net Zero (FINZ) standard is expected to place banks under more pressure to increase their climate-related transparency and ambition.

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Net Zero Action Depends on Public-Private Cooperation

Chris Hall

COP28 represents a critical, and perhaps the last opportunity for Parties and non-state actors to deliver on the ambitions of the Paris Agreement to limit global average temperature increase to 1.5°C But they cannot do it alone. But this is not widely recognised.

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Differing Perspectives on Climate “Will Be Respected” by Net Zero Policy Taskforce 

Chris Hall

PRI will lead new taskforce focused on supporting dialogue between policymakers and non-state actors pursuing net zero-aligned strategies.

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Investors Demand Comprehensive Plans at COP29

Chris Hall

A letter from 534 financial institutions representing US$29 trillion in assets under management called for policy action in five areas to accelerate private sector investment in a “ just transition to a climate-resilient, nature-positive, net-zero economy”. NDCs are expected to play a central role at this year’s COP.

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NZBA Sets More Ambitious Climate Targets

Chris Hall

Alliance extends net zero targets to capital markets activities, as frameworks provide more tailored approach for banks’ transition strategies. Founded in April 2021 by UNEP FI, the NZBA has 143 members overseeing US$74 trillion in capital. trillion towards fossil fuel expansion since the 2015 Paris Agreement.

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The ESG Interview: From Ground Level to Board Level

Chris Hall

Jessica Smith, Nature Lead at the UNEP FI, says it’s time for biodiversity to take its place alongside climate in investor priorities. of the Paris Agreement on Climate Change. “We UNEP FI is going to play a big role in in the year ahead in the piloting programmes to work out what this will look like.”.

UNEP 98
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UNFCCC on the Edge  

Chris Hall

If approved, it will lead to the setting up of RAF as a standardised template for organisations to submit their net zero pledges and transition plans for publication in GCAP, says Gillod. But, Gillod is also cautious about how much impact the UNFCCC’s RAF can actually have. “It