Climate Finance

The climatization of finance

In our polycrisis era, the year 2023 will be decisive for the finance-nature-climate nexus. Three key upshots for net-zero law based on how policymakers (as recently Ursula von der Leyen in Davos) call financial institutions to mobilize behind future-proof pathways.

Be prepared for the polycrisis era

Diverse crises spanning over three different timeframes. They are interconnected and put us in the middle of a shift in power. This is the time to adapt ourselves to a “new order”, but this is also a period of crucial opportunity for moving forward. Insights from the Global Risks Report 2023.

Fit For 55: The EU’s renewed ambitions on climate finance and carbon tax

New demanding challenges in the agreement that was signed a few days before Christmas, the most advanced climate legislation in the world. The renewed tools and ambitions affect politically sensitive sectors and plan to support the most vulnerable citizens and enterprises to contribute to the transition. All the details on the political agreement the Council and the European Parliament reached.

We are brokers of sustainability: The science, policy and business nexus

CEOs, shareholders, voters and policy-makers: there is a way of communicating with all of them that helps build a common, sustainable future. However, it requires a holistic perspective of the climate crisis. With experience in international diplomacy and private consultancy, the eclectic journalist Ione Anderson underscores what holds together business people in meeting rooms and young generations marching during climate strikes.

COP27 Finance Day

At COP27, November 9 will be the thematic day dedicated to climate finance. As countries gradually improve their financial commitments to meet the Paris Agreement goals in the UNFCCC context, the private sector is attracted by the countless opportunities implicit in a decarbonized world. A guide to understanding the importance of finance for the climate transition through the CMCC’s work and content.

Julien Vincent

Julien Vincent: Individuals make market forces

Through collective action individuals can strong-hand financial institutions into divesting from environmentally damaging projects. Winner of the 2022 Goldman Environmental prize, Julien Vincent, explains how climate advocacy revolves around bringing the right information and solutions to the right people at the right time.

Private Sector: Low Carbon Investments in the Era of Uncertainty

A low carbon world is being shaped, and the private sector is in the spotlight. While the pandemic is teaching the importance of getting prepared to future risks, the big actors of the financial system are refining the criteria for the allocation of capital to get safe from the coming challenges. For businesses, keeping up with the change is not a matter of reputation anymore. Dealing with climate change is now about financial survival.

climate-finance

Finance: It’s Time to Look Ahead

Low prices for oil and other fossil fuels, the Covid-19 crisis, the recovery package, and the opportunity to combine an urgent response to social needs with long-term sustainable strategies. A vision of the future that combines investments and climate resilience. International experts discuss perspectives and solutions for green finance, in the name of the “do no significant harm” principle.

Clean Energy Revolution? The Numbers Make Sense

Although fossil fuels have powered and shaped the modern era they have also been a major contributing factor in the current climate crisis. However, energy will also be a key factor in coping with the consequences of climate change: a global clean energy revolution whose economic implications bring newfound hope for our future.

The Global Banking System is not Immune to Climate Change.

Climate change will have a growing influence on the stability of the banking system, potentially contributing to future financial crises. A new paper published in Nature highlights the detrimental effects of climate change on the banking system, adding to established literature on the effects of climate change on economic growth and productivity of labour. However, financial regulation authorities can act to reduce climate-related risks by implementing targeted measures.