Investment Week (April 13)
“2021 was a stand-out year for environmental finance, as COP26, a new US administration, and rapid growth in industry collaboration drove climate action and commitments across businesses and the asset management industry.” Morningstar found that “the number of mutual funds and exchange-traded funds (ETFs) with a climate-focused mandate grew to 860 at the end of last year… and assets in the space doubled to $408bn.”
Tags: 2021, Asset management, Assets, Businesses, Climate action, Collaboration, Commitments, COP26, Environmental finance, ETFs, Mandate, Morningstar, Mutual funds, Rapid growth, Stand-out, U.S.
Bloomberg (November 14)
The language of COP26 “crystallizes the more important reality that’s emerging away from the conference halls in power stations, industrial facilities and government offices around the world. In its modest way, it also helps edge that process along.” Since the 2015 Paris Agreement, electric cars have taken off beyond expectations and renewables are now “undercutting” fossil fuels for power generation: “one reason we’ve seen the likes of Indonesia, Vietnam, Poland and South Korea sign up to end the coal-fired electricity that they’ve been dependent on.”
Tags: 2015, COP26, EVs, Government, Indonesia, Industrial facilities, Paris Agreement, Poland, Power stations, Renewables, South Korea, Vietnam
Los Angeles Times (November 13)
“The key aim of COP26 was to ‘keep 1.5C alive.’ Despite pessimism among many heading into Glasgow, there is still reason to believe that’s possible. But only if the hard work begins now. We need to hold leaders accountable for their pledges and see to it that plans are carried out. Our future depends on it.”
Washington Post (November 9)
“After nine days of grand pronouncements, pledges and plans, scientists delivered a rude awakening to a COP26 summit that has been called ‘the last, best hope’ for climate action: Earth is on track to warm about 2.5 degrees Celsius (4.5 degrees Fahrenheit), eclipsing the world’s shared climate goal by a full degree.”
Tags: 2.5 degrees, Climate action, COP26, Earth, Hope, Plans, Pledges, Pronouncements, Rude awakening, Scientists, Summit
Claims Journal (October 26)
The “COP26 climate talks in Glasgow starting next Sunday may be the world’s best last chance to cap global warming at the 1.5-2 degrees Celsius upper limit set out in the 2015 Paris Agreement. The stakes for the planet are huge – among them the impact on economic livelihoods the world over and the future stability of the global financial system.”
Tags: 1.5-2 degrees, Cap, Climate, COP26, Economic livelihoods, Financial system, Glasgow, Global warming, Last chance, Paris Agreement, Planet, Stability, Stakes
The Guardian (September 15)
“Every one of the world’s leading economies, including all the countries that make up the G20, is failing to meet commitments made in the landmark Paris agreement in order to stave off climate catastrophe, a damning new analysis has found.” With COP26 approaching, “none of the largest greenhouse gas emitting countries have made sufficient plans to lower pollution to meet what they agreed to in the 2015 Paris climate accord,” leaving the world “on track for 3C temperature increase if present trends continue.”
Tags: Climate catastrophe, Commitments, COP26, Failing, G20, GHG, Leading economies, Paris Agreement, Pollution
Responsible Investor (February 12)
“The UK’s government and financial regulators have laid out a series of plans to bolster climate disclosure and become the first country in the world to have mandatory TCFD reporting, despite growing uncertainty over its ability to host a successful COP26 in Glasgow, Scotland.”
Tags: Climate disclosure, COP26, Glasgow, Mandatory, Regulators, TCFD reporting, UK, Uncertainty
