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If the world heeds that advice, we’ll leave a lot of strandedassets lying around. Of course, a chorus of activist investors have been pressing investors, banks and companies to examine their risks on stranded oil and gas assets for more than a decade, knowing this day would arrive. Pull Quote. The future is different.
Gareth Gransaull is the co-executive director of Re_Generation , Canada’s next-generation think tank working to build a regenerative economy, and a climate policy researcher with the Institute for Integrated Energy Systems at the University of Victoria.
For example, companies that implement regenerative agriculture practices can decrease input costs while enhancing soil health and productivity. As the financial sector increasingly recognises the importance of biodiversity, the risks of inaction are clear: increased operational costs, strandedassets, and diminished portfolio performance.
We have already disbursed US$111 million to farmers as part of this scheme, including through our new ‘GreenGalaxy’ programme that securitises agricultural receivables to fund small and medium farmers – enabling them to transition to regenerative agriculture by raising yields on cleared lands, while avoiding deforestation.
Also earlier this week, the World Business Council for Sustainable Development (WBCSD) and 12 partners announced Regen10 , an ambitious collective action plan to scale regenerative food production systems, worldwide, in a decade. This was the clear message put forward by over 775 companies , representing US$2.7
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