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 […]
Consumption rate of the carbon budget will dictate the green transition’s speed and risk
Calibrating climate scenarios will require banks’ risk departments to navigate the vagaries of global carbon budget management. This requires an understanding of what it involves and what it really entails. The carbon budget is a consequence of the 2100 global warming target… In 2015, at the Conference Of Parties (COP) in Paris, the world’s governments […]
Agricultural sustainability – what the banking sector must do
Climate change awareness and rising concerns have directed focus on sustainable agriculture. The Environmental Defense Fund (EDF) has been exploring the role of banking in agricultural sustainability (Financing Resilient Agriculture.) Its major findings are: The farming sector is at the front-line of climate change from the perspective of cause and effect – from contributing to […]
