Asia Investor Group on Climate Change (AIGCC)

📣 We're #hiring a Specialist - Oil and Gas! Apply here: https://bit.ly/4fb9N0C This role will be responsible for supporting and implementing AIGCC’s work on corporate and policy engagement in the oil and gas sector in key Asian markets that we operate in. Activities will be convened through AIGCC-led or co-led programs, including: Climate Action 100+ and contribute to relevant AIGCC Working Groups such as the Energy Transition Working Group. It will involve engagement with various stakeholders ranging from investors, corporates, policymakers and industry bodies.  Know someone suitable for this job? Forward this to them! #job #jobadvert #energytransition #energy #energyjobs #climatejobs #greenjobs #hiring #asiajobs

AIGCC Policy Director Anjali Viswamohanan recently spoke at Responsible Investor Asia 2024 on 'Physical risk, resilience, and climate adaptation'. She shared how our Physical Risk and Resilience Working Group (PRRWG) supports investors in building resilient portfolios: 1️⃣ Equipping investors with tools to assess and manage climate-related physical risks, including a Physical Risks Compendium. 2️⃣ Engaging investors and financial institutions to integrate physical risk. 3️⃣ Promoting public-private collaboration in adaptation finance. Read more about our PRRWG: https://bit.ly/3TFJxm9

We are pleased to welcome Aon as one of the newest member of AIGCC. Welcome to the AIGCC community, Aon!

Localized transition pathways, especially at the national level, are essential for meaningful climate action that respects and integrates unique local contexts. In Asia, the priority is to develop pathways that position Asian markets as leading exporters to global markets, allowing them to drive crucial progress in sector-wide #decarbonization. This focus remains at the core of AIGCC’s work as we support Asian economies in aligning with global climate goals.

With COP29 coming up next week, this coincides with the 4th anniversary of the Net Zero Asset Managers (NZAM) initiative. Based on latest data from 2023-2024 preliminary reporting, where 170 asset managers have responded, NZAM signatories have been working to implement their net zero commitments. In the upcoming year, the initiative will continue to focus on supporting investors to deliver on their fiduciary obligations to manage the financial risks and opportunities associated with climate and to enhance long-term value for their beneficiaries. More in the blog: https://bit.ly/48J98Rx CEO Rebecca Mikula-Wright writes in her capacity as current NZAM Chair. AIGCC is one of six Founding Partners of the initiative. Investor Group on Climate Change (IGCC) . . . #netzero #assetmanagers #climatechange #climate #climaterisks #NZAM

As governments prepare for #COP29 next week, find out which countries have robust climate policies and emissions pathways to support the goals of the Paris Agreement on the ASCOR tool: https://lnkd.in/eyp5yWxe This year, the Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) project has expanded its assessments to 70 countries, up from 25 in 2023. This coverage represents over 85% of global greenhouse gas emissions, 90% of global GDP, and 100% of some of the major global government bond indices, including the FTSE World Government Bond Index. To complement the data release, the TPI Centre, the academic partner of the ASCOR project, will publish an analysis of the assessments in a report, “State of Transition in Sovereigns 2024: Tracking National Climate Action for Investors,” later this month. Stay tuned! The ASCOR project is led by asset owners, asset managers and investor networks. The ASCOR tool is created and managed by the TPI Centre, part of the Grantham Research Institute on Climate Change & the Environment at the The London School of Economics and Political Science (LSE). A special thanks to: 🔹ASCOR co-chairs: Victoria Barron at GIB Asset Management, Claudia Gollmeier at Colchester Global Investors Limited, Esther Law at Amundi Asset Management and Adam Matthews at The Church of England Pensions Board 🔹Other project partners: Aktia Bank, Allspring Global Investments, Asia Investor Group on Climate Change (AIGCC), Ceres, Inc., Chronos Sustainability (Rory Sullivan), Franklin Templeton, Institutional Investors Group on Climate Change (IIGCC), Investor Group on Climate Change (IGCC), MFS Investment Management, Ninety One, Principles for Responsible Investment, and the UN-convened Net-Zero Asset Owner Alliance (#NZAOA) 🔹ASCOR research team: Antonina Scheer, Camila Cristancho, Giorgia Monsignori Johannes Honneth, Sylvan Lutz, Setenay Hızlıok, Simon Dietz, Carmen Nuzzo and the Grantham Research Institute on Climate Change & the Environment 🔹With thanks as well to the Undergraduate Research Fellows, Anna Eszter Kiszely and Emily Young, who supported the ASCOR research team earlier this year. #SovereignDebt #ResponsibleInvestment #SovereignBonds #NDCs #ClimatePolicy #JustTransition #ClimateFinance #esg #TransitionFinance

We, alongside the Founding Partners of the Investor Agenda, are pleased to announce that 650 investors and their representatives with $33 trn USD in AUM have supported the 2024 #GlobalInvestorStatement to Governments on the Climate Crisis.    With more signatures than in 2022, the statement is the most comprehensive yet, urging governments for clear and tangible global climate policies ahead of the biggest climate event of the year – #COP29.    💡 See all signatures and asks here: https://lnkd.in/g5x6RgCx      ➡️ Or read the press release: https://lnkd.in/g_VZc-KW 

Absolutely delighted that Asia Investor Group on Climate Change (AIGCC) are now supporting our work on Investing Sustainably in Emerging Markets!! AIGCC are a fantastic organisation, it has been a pleasure working with Monica B. Harrison Smith and the wider team and very much looking forward to further collaboration going forward! #esg #emergingmarkets #sustainability #sustainableinvesting #sustainablefinance #collaboration https://lnkd.in/ebm7dkZv

AIGCC is pleased to join World Benchmarking Alliance's Investing Sustainably in Emerging Markets initiative. WBA and AIGCC are aligned in our collective mission to encourage all investors to adopt sustainable investing practices, while considering the various development stages across emerging markets and developing economies (EMDEs).   Asia has some of the largest emerging markets globally and Asian investor perspectives should continue to form one of the foundations in global climate action. It is also crucial that EMDEs, home to majority of global population, are not overlooked in the global transition to a low-carbon economy. Several of our investor members have already expressed support in enhancing our EMDE strategy. We look forward to collaborating with WBA to mobilise capital towards sustainable development and mitigate climate risk. Monica B. . . . #EMDE #climaterisk #WBA #lowcarbon #globalclimateaction #climateaction #emergingmarkets #sustainableinvesting #sustainabledevelopment

【Sustainable Finance︱可持續金融】On 29 October, we organised a dynamic expert meeting on sustainable finance with journalists from China, ASEAN and the UK. The discussions were engaging! Our guest list was diverse, including experts from the DCM market, fund managers, NGO representatives, and more. 思匯於10 月 29 日邀請來自中國、東盟和英國的記者，就可持續金融議題與不同嘉賓講者會面討論，如來自資本市場的專家、基金經理和非牟利機構代表等互相交流意見。   A notable quote from one of our esteemed guests, Dr. Ma Jun, encapsulates the essence of our discussions: "We must ensure that green and sustainable projects worldwide, particularly in Emerging Markets and Developing Economies (EMDEs), crowding-in more investment... While we have seen success in green finance, I believe transition finance will be the next significant trend, creating an even greater impact.” 香港綠色金融協會主席及會長馬駿博士為當日嘉賓講者之一，於其分享中有一句可以概括當日討論的精髓：「我們必須確保全球範圍內的綠色和可持續發展項目，尤其是在新興市場和發展中經濟體的項目，能夠吸引更多的投資……雖然綠色金融發展已有一定成就，但我相信轉型金融將成為下一個重要趨勢，可創造更大的影響力。」   Special thanks to the following guests for delivering their speeches in the event as well (in alphabetical order): 特別感謝以下嘉賓講者蒞臨當日活動（以英文名稱順序排列）： Gabriel Wilson-Otto, Grace Hui, Inès Galichon, Mark Harper, Mengyuan Zhang, Serena Mak, Steven Akehurst, Tom Ng, Tracy Wong Harris, Valerie K., and Vittoria Chen. Here is the current media coverage for the day︱當日活動相關報道： EU-China common ground taxonomy to be expanded at COP29 https://lnkd.in/g4GTmvRG Asian investors brace for fossil fuel 'inflection point' https://lnkd.in/gngnpgej CA100+ 'cross-pollinating' engagement https://lnkd.in/ghTxiTBS Investment Bankers Helped Polluters Make Too Much Money Says Ex-PBOC Chief Economist https://lnkd.in/gxDHXhJV Cathay Pacific: sustainable aviation fuel needs Hong Kong government push https://lnkd.in/gBjpxi3H #CivicExchange #SustainableFinance #GreenFinance #HongKong #TransitionFinance #Event #ClimateAction #Sustainability