From China to Thailand to India: While our staff will not be speaking at physical events, they will still be appearing.
From China to Thailand to India: While our staff will not be speaking at physical events, they will still be appearing.
From China to Thailand to India: While our staff will not be speaking at physical events, they will still be appearing.
Cumulative issuance under the Climate Bonds Standard passed USD200bn in late 2021, establishing a new milestone for international best practice in green investment.
Last Thursday the EU Taxonomy Regulation became law when its final review period expired. It now sets the criteria for Climate Change Mitigation and Adaptation objectives in more than 60 economic activities.
This is an incredibly important milestone in the development of a regulatory environment that will help mobilize capital for climate action.
From Mexico to China to Thailand: we are starting to speak at physical events, but most of them remain online.
It’s clear that the most important development from COP was the launch of the Glasgow Financial Alliance for Net-Zero (GFANZ), representing 450 organisations with some USD130 trillion of assets under management. 40% global assets are now committed to the transition. For a sense of scale, global GDP last year was USD85 trillion.
The launch of the Glasgow Financial Alliance for Net Zero (GFANZ) was described as a “watershed moment and gamechanger” by NGFS (Network of Central Banks and Supervisors for Greening the Financial System) Chair Frank Elderson.
GFANZ’s 450 members represent USD130trn assets. 40% global assets are now committed to the transition. GFANZ’s statements affirm that investor appetite is sky-high and the money is available for net zero.
We’re at COP26 (surprise!). Some highlights so far:
Larry Fink, CEO of Blackrock, called for a new business model for the energy transition at the Green Horizon Summit. Fink criticised oil and gas companies selling off their most polluting assets as greenwashing and implored investors to work with these companies to manage the decline of oil and gas assets.
From Glascow to Guatemala to New Zealand: we're still online most of the time (but some of us managed to be at COP26 in person!)