Low angle view of modern skyscrapers in Midtown Manhattan.
Climate Finance
We Read a 130-Page Report on Climate Regulation So You Don’t Have To
In October 2021, the Financial Stability Oversight Council (FSOC)—an oversight body for federal financial regulators—chimed in on the climate conversation by way of a dense, 133-page report. The FSOC Report on Climate-Related Financial Risks examines how US regulators are already addressing climate-related financial risks, discusses ongoing challenges…
Private Financial Institutions Are Stepping in to Decarbonize Steel
Finance at COP, the UN climate change conference, used to be about public dollars. It was largely about rich countries pledging the elusive $100 billion in annual climate finance to developing countries—and about government ministers negotiating with government ministers. But at COP26, private finance made its presence felt…
Clearing the AIR: Introducing a Climate Alignment, Impact, and Risk Toolbox for Financial Institutions
As of July 2022, the Toolbox has been updated with approximately 20 new climate tools, to create a total of almost 50 tools to help financial institutions measure and report their real-economy impact. —————– A growing number of financial institutions have made net-zero commitments in the lead-up to COP26, the UN Climate Change Conference.
Climate Finance 101: Demystifying Financial Mechanisms for the Global Coal Transition
With all the buzz around financial mechanisms for the coal transition, it’s worthwhile to take a step back to understand: Just what are financial mechanisms and why do they matter?
Financing 1.5°C: In a Booming ESG market, the SEC Has Some Questions
The US Securities and Exchange Commission (SEC) recently made headlines by launching a formal investigation into ESG (environmental, social, and governance) investment products offered by DWS Group, Deutsche Bank AG’s asset management division. The investigation sent DWS shares tumbling more than 12 percent, demonstrating the real-world consequences of a…