UK Centre for Greening Finance and Investment (CGFI)

🌀 What is the probability of landfalling hurricanes on the south-east coast of the 🇺🇸 within the same tropical cyclone season as landfalling typhoons in 🇯🇵? Join our 2025 Hackathon to tackle this and other urgent #tropicalcyclone challenges facing #insurance: https://lnkd.in/ensphzPH. ⏳ Whether you're in industry or academia, apply by 14th April! https://lnkd.in/ensphzPH

Climate/green fintech startups - don't miss out on the chance to join Undaunted: Tackling climate change with innovation's accelerator, the Greenhouse, by 20th March! https://lnkd.in/eyzpkGt4 💱 CGFI support #greenfintech #startups within each cohort - hear more from Edoardo Francesco Sabatino from Cohort 6 entrants ClimateKick on their climate investments solution and how we've worked with them 💱

Happy to share a recent working paper, "Climate Transition Finance Metrics Effectiveness: An Industry Perspective," led by José Luis R.. This adds to our research at the Net Zero Transition Plans (https://lnkd.in/g9WsBRbr) project at the Oxford Sustainable Finance Group and the UK Centre for Greening Finance and Investment (CGFI). Context: Climate transition finance metrics (TFMs) have become crucial for directing capital toward low-carbon pathways, yet their credibility, data integrity, and effectiveness in achieving near-term climate targets remain uncertain. This study: We systematically examine TFMs reported by some of the largest global financial institutions-including banks, insurers, asset owners, and asset managers-and conduct a cross-industry global survey with 219 practitioners to assess perceptions of TFM effectiveness and data availability. Findings: (1) Our analysis uncovers a significant discrepancy: while widely adopted TFMs such as climate risk exposure and green financing metrics are regarded as moderately to highly effective, the underlying data supporting these metrics is often incomplete or fragmented. (2) Regression analysis indicates that organizations with advanced climate transition and adaptation plans exhibit greater skepticism toward conventional TFMs, suggesting that single-purpose or narrowly focused metrics may inadequately capture the complex dynamics of large-scale climate transition efforts. Implications: Looking ahead, our results highlight the importance of providing strategic recommendations for policymakers, researchers, and financial leaders to optimize TFMs for achieving both near-term and systemic climate goals. #netzero #transitionplans #transitionfinance #metrics #credibility #integrity Executive summary: https://lnkd.in/gg-Sk5uw Paper: https://lnkd.in/gbvGwwhV

⏳ #Startups - don't miss out on the chance to join Undaunted: Tackling climate change with innovation's #accelerator, the Greenhouse, by 20th March! https://lnkd.in/eyzpkGt4 ⬇️ #greenfintech #naturefintech #climatefintech #innovation

Listen to Matt Scott discussing best practice approaches to drafting transition plans at the City & Financial Global Climate Transition Plans Summit on 24 March ⬇️

Happy to share a recent working paper, "Climate Transition Plans' Assessment in Hard-to-Abate Sectors: Evidence from Airlines," led by José Luis R., as part of our Net Zero Transition Plans (https://lnkd.in/g9WsBRbr) project at the Oxford Sustainable Finance Group and the UK Centre for Greening Finance and Investment (CGFI). Background: As industries navigate the transition to net-zero emissions, aviation faces unique challenges balancing growth with decarbonisation. With air travel demand expected to triple by mid-century and limited near-term alternatives to fossil fuels, credible climate transition plans are essential-yet robust assessment tools remain scarce. This study: Introduces a correlation-based scoring framework to evaluate airline transition plans using data from 84 airlines, representing 75% of industry emissions. Key plan components (foundations, implementation, engagement, governance, and metrics) were coded into binary indicators and weighted based on their empirical correlation with short-term carbon performance, controlling for confounders like fleet age and passenger load. Results: (1) Implementation strategies for new aircraft technologies and foundational climate targets show the strongest associations with emissions reductions. (2) Governance mechanisms, while weaker in direct emissions impact, enhance plan credibility through accountability and alignment with standards, influencing long-term strategic outcomes. Implications: Our framework offers a scalable, data-driven approach that can be adapted to other hard-to-abate industries, enhancing regulatory oversight and investor accountability. #netzero #transitionplans #hardtoabate #disclosure #credibility Executive summary: https://lnkd.in/gTWhmYqv Paper: https://lnkd.in/gD9yZqGS

🌀 Apply by April 14th for the CGFI Hackathon 2025! Join us in Leeds to test your skills on tropical cyclone data challenges co-designed with industry partners, and with guidance from leading experts. The #CGFIHackathon is open to individuals and teams of both early-stage and experienced researchers and financial practitioners. Teams can be made up entirely of researchers, entirely of practitioners, or a combination of both! Apply now to take part in person, 10-11th June ⬇️ We're delighted that the Hackathon is supported by leading partners and experts including: 🟡 Adrian Champion & Marina Spitsyna (Aon) 🟡 Dr Freya Garry (ASPECT project / Met Office) 🟡 Iain Clacher & Patricia Grant (CGFI Leeds Innovation Hub) 🟡 Prof Ralf Toumi (Grantham Institute - Climate Change and the Environment) 🟡 Alison Poulston & John Ashcroft (JBA Risk Management) 🟡 Tom Philp & Valentina Noacco (Maximum Information) 🟡 Jason Lowe OBE (Met Office) 🟡 Anne Barber (University of Leeds) 🟡 Dr Kevin Hodges (University of Reading)

🚨Deadline Extension🚨 You asked, we answered ❗️ The submission deadline has been extended as we will continue to accept applications until Friday the 7th of March at 11:59 pm GMT Make sure to send in your applications before then as there will be no other extensions. We look forward to receiving your applications🌍🌿 #application #sustainability #climatefinance #climateinvestmentchallenge

#Greenfintech / #climatefintech startups - thinking of applying for the next cohort of The Greenhouse climate #accelerator? Join the next Q&A session on 4th March ⬇️ Undaunted: Tackling climate change with innovation. / Centre for Climate Finance & Investment #innovation #fintech #startups