climate change Tag

  • All
  • Interview
  • News
  • Thought Leadership
$1 billion pledged by UN Green Climate Fund

Ahead of the UN climate talks in December, the Green Climate Fund has pledged $1 billion for 19 new projects and programmes in developing countries. The approved proposals include climate resilience projects in Indian coastal communities, renewable energy in Tonga and finance-focused programmes in Africa...

EU climate initiative focuses on finance

EIT Climate-KIC – the EU’s largest public-private partnership for climate innovation – is focusing on finance at their upcoming Climate Innovation Summit: Mission Finance in Dublin on 6-8 November. Speaking to Environmental Finance, Climate-KIC’s CEO Kirsten Dunlop highlighted the need ‘to rewire the financial system...

Pension funds warned of possible legal action on climate

BusinessGreen reports that environmental legal charity ClientEarth has written to 14 large pension funds in the UK, outlining how they could face legal action if they do not do more to respond to the risks posed by climate change. The letter outlines how they are...

UNEP releases new climate methodology for banks

Sustainable Brands reports that the UN Environment Finance Initiative (UNEP FI), in partnership with climate risk advisory firm Acclimatise, has published a new report, Navigating a new climate, containing methodologies to support the banking industry to understand and assess climate risks and opportunities. The methodologies...

Banks join fight against climate change

Bloomberg reports that several of Europe’s biggest banks have announced new sustainable finance initiatives, representing the growing willingness of financial institutions to get involved in climate action. Examples mentioned include a sustainable investing strategy at UBS, a colour-coded risk ranking related to the environmental credentials...

Government announces launch of Green Finance Institute

In his annual Mansion House speech last Thursday 21 June, the Chancellor Philip Hammond announced that the government will establish a new Green Finance Institute, co-funded with the City of London Corporation. The Institute is tasked with developing the UK’s green finance market but has...

Investing in a just transition

A new paper from the Grantham Research Institute argues that while investors are increasingly taking action on climate change issues, few are integrating social concerns into their strategies - tackling not only the challenge of ‘stranded assets’, but also the risk of ‘stranded workers’ and...

Solar boom in China powers growth in clean energy investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever. Solar investment globally amounted to $160.8 billion in 2017, up 18% on the previous year, with just over half of the world total ($86.5 billion) spent in...

The Bank of England Responds to Climate Change

In its Quarterly Bulletin 2017 Q2 published June 16, The Bank of England announced they will initiate a review of climate-related risks in the UK banking sector. The work will be carried out in a similar way to the assessment of insurance companies it launched...

FINANCE MATTERS AT THE GIIN INVESTOR FORUM 2016

Finance Matters attended the GIIN Investor Forum in Amsterdam this week. The forum brought together over 800 participants from 45 countries and 6 continents from various areas across impact investment: asset managers and owners, social enterprises, civil society and academia - to discuss the most...