Climate News

Weekly round-up: August 22-26

The top five climate risk stories this week 1) Texas blacklists financial institutions over fossil fuel policies Texas has banned state pension funds from investing…

Rabobank’s woes herald a new phase in climate transition risk management

The creditworthiness of high transition risk borrowers may degrade as more ambitious climate policies are enacted Rabobank is the new poster child for climate transition…

Weekly round-up: August 15-19

The top five climate risk stories this week 1) Republicans blast ESG fund rules Proposed rules that would force US investment funds to disclose ESG-related…

Why climate models struggle with acute physical risks

Climate models have a major blind spot: they can’t see extreme weather-related risks. This is a big problem for financial institutions, since these kinds of…

US Inflation Reduction Act Unlocks Climate Opportunities

A brighter climate future is here. On August 16, US President Joe Biden signed the Inflation Reduction Act, which includes USD$369bn in climate change and clean…

Weekly round-up: August 8-12

Weekly round-up: August 8-12 1) GFANZ publishes guide on portfolio alignment metrics The world’s largest climate finance initiative wants to improve how financial institutions track…

Climate Trends: Manifest Climate Data Reveals Gaps in Companies’ Emissions Disclosures

Companies are under growing pressure from investors, customers, and regulators to disclose their greenhouse gas (GHG) emissions. This data is essential for understanding just how…

GFANZ wants to whip portfolio alignment metrics into shape

GFANZ wants to whip portfolio alignment metrics into shape Our climate future is unknown territory. Still, financial institutions want to plot a course to its…

Weekly round-up: August 1-5

The top five climate risk stories this week 1)Worst-case climate scenarios “dangerously underexplored” Extreme climate change outcomes are “under-studied and poorly understood,” a group of…

Climate risk regulation rundown: July 2022

What happened in climate-related financial regulation last month, and what’s coming up The Financial Stability Oversight Council (FSOC), the US’ top financial regulatory body, received an update…