Investors urged to back climate adaption and resilience as roadmap unveiled
16 hours, 16 minutes ago

Investors urged to back climate adaption and resilience as roadmap unveiled

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The clock is ticking — investors face a critical choice: act now to safeguard portfolios and invest in resilience, or risk the future of both their assets and the global ecosystem Dr Nina Seega, director of the CISL's Centre for Sustainable Finance It comes as corporate America shifts back towards more conservative social and political stances following Donald Trumps US election win. Dr Seega said: “The clock is ticking — investors face a critical choice: act now to safeguard portfolios and invest in resilience, or risk the future of both their assets and the global ecosystem.” A handful of investors welcomed the roadmap, with Eric Nietsch, head of sustainable investing, Asia, at Manulife Investment Management, saying: “We view climate adaptation and mitigation as equally important, not mutually exclusive. “This guidance aims to bridge the knowledge derived from physical climate risk assessments with the investment decision-making process.” Sabrina Nagel, global policy and finance advisor at the Atlantic Council Climate Resilience Centre, said: “Adaptation and Resilience is becoming the currency of the future. “The CISL guide not only highlights why it’s crucial for investors to address physical climate risks but also provides practical advice on how to integrate these risks into the various stages of the investment process.

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History of this topic

Climate accountability: Disclose more, put checks before financing mega projects
7 months, 4 weeks ago

Climate accountability: Disclose more, put checks before financing mega projects

New Indian Express  

The ‘Draft Disclosure Framework on Climate Related Financial Risks’ released by the RBI in February enjoins financial institutions, such as banks, to provide the public detailed information on how they are addressing risks to their investments arising from the climate crisis. Big-ticket investments by FIs in sectors like infrastructure and energy face direct physical risks from environmental changes like rise …

Climate finance must get beyond greenwishing and greenwashing
1 year, 3 months ago

Climate finance must get beyond greenwishing and greenwashing

Live Mint  

As we move from UN Climate Week to CoP-28 in Dubai later this year, we must stop ‘greenwishing’ and ‘greenwashing’ and start thinking about the instruments that will enable the private sector and private investors to channel more capital toward climate resilience and sustainable development. The sensible way to construct a profitable, long-term, climate-aligned, widely accessible investment strategy is to …

It’s Time to Put Serious Money on Climate Resilient Development - News18
1 year, 7 months ago

It’s Time to Put Serious Money on Climate Resilient Development - News18

News 18  

Everything, everywhere and all systems together. Mobilising climate finance flows to developing countries One of the challenges of global climate finance is that it needs to address three simultaneous goals. Nearly three-quarters of global climate finance still stay in high-income countries, to avoid the perceived political, regulatory and economic risks of investments in developing countries. Turn-around in global to local …

These are the US states most at risk from climate crisis
1 year, 10 months ago

These are the US states most at risk from climate crisis

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Gross Domestic Climate Risk includes rankings of how more than 2,600 jurisdictions may look in 2050 following damage …

Greenwashing ‘creates false confidence about climate crisis’
2 years, 6 months ago

Greenwashing ‘creates false confidence about climate crisis’

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Achieving climate resilience and nature recovery will require “robust, consistent and trusted data”, Emma Howard Boyd is expected to …

‘We need to do all we can’: Five key takeaways from the U.N. climate report
2 years, 10 months ago

‘We need to do all we can’: Five key takeaways from the U.N. climate report

LA Times  

Felisa Benitez, 86, wipes sweat from her brow while taking a break from cleaning a standing electrical fan outside her Pacoima home in August. “If we want to have effective climate change policy, we have to look at those human dimensions, and particularly those equity dimensions, and protecting some of the most vulnerable populations,” said Michael Méndez, an assistant professor …

The climate crisis spells both risk and opportunity for the financial world
2 years, 10 months ago

The climate crisis spells both risk and opportunity for the financial world

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Veterans of the United Nation’s annual climate summits were stunned at Cop26 in Glasgow last …

Investors bet big on climate fight but motives questioned
3 years, 2 months ago

Investors bet big on climate fight but motives questioned

Associated Press  

GLASGOW, Scotland — Governments and big investors announced fresh plans Wednesday to pour trillions of dollars into curbing global warming, reflecting the financial world’s growing embrace of efforts to fight climate change as both a business necessity and opportunity. Speaking at the U.N. climate summit in the Scottish city of Glasgow, Britain’s Treasury chief Rishi Sunak said that while countries …

Climate change’s trillion dollar problem just got more urgent for investors
3 years, 5 months ago

Climate change’s trillion dollar problem just got more urgent for investors

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. A UK Treasury spokesperson told The Independent that the government is “committed to the UK being the best place …

America must lead the world on climate disclosure norms
4 years ago

America must lead the world on climate disclosure norms

Live Mint  

President-elect Joe Biden’s pledge to rejoin the Paris climate agreement sends an important signal to the world about US leadership. To push forward, on his first day in office, he should bring together a group of G-20 leaders to join the US in endorsing a mandatory standard for global businesses to measure and report the risks they face from climate …

Climate crisis could cause economic recession ‘like we’ve never seen before’, study warns
4 years, 10 months ago

Climate crisis could cause economic recession ‘like we’ve never seen before’, study warns

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The huge strain caused by the climate crisis could cause an economic recession “the likes …

World's Largest Asset Manager Puts Climate At The Center Of Its Investment Strategy
5 years ago

World's Largest Asset Manager Puts Climate At The Center Of Its Investment Strategy

NPR  

World's Largest Asset Manager Puts Climate At The Center Of Its Investment Strategy Enlarge this image toggle caption Ludovic Marin/AFP via Getty Images Ludovic Marin/AFP via Getty Images BlackRock, the world's largest asset manager, says that it will now make climate change central to its investment considerations. "The evidence on climate risk is compelling investors to reassess core assumptions about …

What is the new U.N. climate risk protocol, and what necessitated it?
5 years, 7 months ago

What is the new U.N. climate risk protocol, and what necessitated it?

The Hindu  

The story so far: On May 10, 20 institutional investors from 11 countries convened by the U.N. Environment Finance Initiative made public a report that helps investors understand how to calculate the risk companies face from climate change. Several reports by the Intergovernmental Panel on Climate Change warn of myriad risk to economies but so far there’s been no specific …

Not everything can be saved from climate change, tough decisions will be needed
5 years, 11 months ago

Not everything can be saved from climate change, tough decisions will be needed

Firstpost  

From triage based plans to putting frameworks, metrics in place, here’s what needs to be prioritised Recent reports have delivered sobering messages about climate change and its consequences. They include the Intergovernmental Panel on Climate Change’s Special Report on Global Warming of 1.5°C; the fourth installment of the U.S. government’s National Climate Assessment; and the World Meteorological Organization’s initial report …

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