COP27 has a challenging agenda that banks must follow carefully

November sees the 27th ‘Conference of the Parties’ (COP27) convened in Sharm El-Sheikh, Egypt. One year after Glasgow hosted the 26th edition, it is vital that banks note any (re)prioritization and the direction of travel regarding global climate ambition. Each COP has a specific vision… COP27 has laid out its vision of success, which is […]

Containing climate change requires financing, innovation, adaptation, and mitigation projects

Banks must understand the differences and intersectionalities between these to interpret and use the market signals that determine the credit risk status of sustainability projects. Meeting climate pathway targets needs Innovation, Adaptation, and Mitigation… Climate change is happening, and its impacts are already being felt, from successively hotter years and decades to once-in-a-century floods becoming […]

Public private finance schemes and evolving subsidies are directional markers to de-risking green financing

Direct and indirect subsidies into sustainable projects enable banks to recognize the focus and speed of climate change mitigation/adaptation. The gap that exists between the funding requirement of the transition to a greener global economy, and the budgeted plans from world governments, is currently estimated to be in trillions of dollars. Private finance is expected, and needed, to fill this gap, and banks […]

COP26 is in the books and has left strong signals for banks to follow

Amid compromises, disputes, and celebrations, the Glasgow summit has laid down strong markers for the financial industry to utilize, as banks prepare for the climate challenge. COP26 – A Report Card For The Paris Accord Commitments… There was considerable concern when heading into the summit. Climate policies were already implemented, notably across Europe, but many […]