Net Zero Finance

for Businesses striving for Netzero emissions in 2023 Consumers, investors, and policymakers are scrabbling to minimize the effects of climate change globally and prevent further damage to people and the planet. This post looks at the major challenges in achieving Net zero emissions in new Plant Nurseries. All of these…

Nicolas Poolen, Advisor Green Finance, WWF Netherlands Last month, nearly 200 governments signed the Kunming-Montreal Global Biodiversity Framework, a historic agreement in which governments committed to halt and reverse nature loss by 2030. More specifically, Target 14 instructs governments to align all relevant public and private activities, fiscal and financial…

Investors are becoming increasingly selective about how ‘green’ instruments contribute to wider decarbonization beyond just qualifying as ‘green’. With greenwashing on the rise, investors are looking at whether an investment is consistent with and supported by credible policies of the issuers and markets to reach Net Zero commitments. …

Financial institutions face expectations for robust, data-driven action in the short-term but in many cases these can be seen as being in conflict. The faster the risks evolve, and the more uncertainty there is about future economic, social and environmental conditions, accelerated action becomes still more important. A high-level expert…

The International Energy Agency’s Net Zero 2050 initiative outlined the need to end financing for new oil & gas projects in order to keep climate change to under 1.5° C, but investors and regulators worry about the macroeconomic risks that could result from an unmanaged exit from fossil fuel projects…

By Dr. Eman Tabet, Research Associate, RFI Foundation Emerging market financial institutions considering financial risks related to climate change will benefit from some harmonization of climate scenarios. However, many are more susceptible to physical risks and specific types of transition risk. …

Without a way to harmonize the content of transition plans, such as those GFANZ outlines as current standard practice, banks are likely to ignore most of what their customers are doing, which erodes the effectiveness of their own Net Zero finance strategies. With a proliferation of Net Zero pledges, financial…

By Dr. Eman Tabet, Research Associate, RFI Foundation The lack of transparency around financial institutions’ Net Zero targets and disclosures for portfolio alignment leaves a big opportunity for greenwashing. This could be addressed with better guidance on portfolio alignment metrics, as contained in a recent GFANZ report. Financial institutions are…

WWF-Singapore’s sustainable banking assessment report has found progress among ASEAN banks on sustainability. In particular, there has been progress in setting the broad direction and starting on implementation. Much less progress has been made to date on impact through client engagement, portfolio decarbonization targets, and disclosures. …