Climate Dividends’ Post

✳️ Financial institutions are the lifeblood of the global economy, and as such, they must increase their leadership in addressing the climate and nature crises.  🌐 The disappointing outcomes of last year’s big environmental multilateral meetings made it clear that political leadership is weakening. ⬇️ However, banks and other financial institutions can take responsibility and have the necessary tools to drive meaningful change. 📑 Frameworks such as those from the Taskforce on Nature-related Financial Disclosures (TNFD) are enabling businesses to integrate nature into decision-making. 🛰️ Data sources that leverage geolocation from satellites and artificial intelligence are unlocking new possibilities for monitoring biodiversity within value chains. 📊 Innovations like NatureFinance’s NatureAlign provide the knowledge and tools to account for institutions' reliance on and impacts on nature. ⏩ Learn more about Nature Align here: https://lnkd.in/er7sSYjz However, more still needs to be done to address the $7 trillion that annually flows into activities that harm nature and destroy biodiversity. 🔹 Most financial institutions are still not mandated to consider nature-related risks, impacts and dependencies in their decisions.    🔹 Regulations around eliminating harmful activities from supply chains do not yet exist in the financial sector.   🔹 According to the Transition Pathway Initiative (TPI) , no banks are committed to ending deforestation financing by 2025. 🌿 Now, more than ever, we need urgent action. Financial institutions must step up and help preserve the natural assets on which our economies, societies and lives depend. 📰 Read a new Sustainable Views article by our CEO, Julie McCarthy: https://lnkd.in/dqjVkHHd #NatureAlign #MakingNatureCount #NatureData #NaturePositive #NatureFinance #MakingNatureCount #SustainableFinance Philippa Nuttall 

✨ Exciting updates from day 2 of the #C3AAnnualSymposium!   The Technical & Policy Segment, launched just two days ago, provides an invaluable platform for Ministry of Finance (MoF) representatives and experts to dive deep into critical issues shaping our future: #fiscalpolicy, #debtsustainability, #greeninnovation, and navigating the challenges and opportunities of the #midtransition period. A standout feature of this initial phase of our Symposium is the Kiosks, which facilitate targeted, dynamic discussions and expert-led sessions centered around three key themes: Climate and Nature Policy Issues for MoFs: Focusing on financing strategies, green industrial policies, carbon pricing, public finance management, and the just transition, these kiosks provide a platform for experts to lead dynamic discussions. Their goal is to inspire actionable insights on how Ministries of Finance (MoFs) can spearhead efforts toward a sustainable future. Country Inspiring Experiences: Highlighting impactful experiences and strategies from MoFs and other institutions, these kiosks showcase how various countries are tackling climate and financial challenges, providing a rich array of practical examples and actionable solutions. Analytical Tools Ecosystem: These kiosks focus on analytical tools designed to estimate investment needs, assess structural changes during the transition, model the macroeconomic impacts of climate shocks and adaptation, and evaluate the effects of extreme events. Through these discussions, participants gain practical resources and insights to navigate and address the complex challenges that lie ahead. 💻 Tomorrow is (already) the last day of this first segment but it’s still time to join us for the next step on Friday! You can register now online to attend the Research & Leadership Segment: https://lnkd.in/eBNTQNDC   👇 Watch our video of these two insightful days to learn more about the discussions that are taking place in Paris and how we are preparing the second part of this Symposium. Thanks to all the participants!  #C3ASymposium #ClimateFinance #ClimatePolicy #ClimateAction #LowCarbon #MinistriesOfFinance #Paris 

#African countries face multiple trade-offs as they struggle to secure #climate finance, balancing the urgent need for economic growth, expanded #energy access & the imperative of #environmental sustainability. These trade-offs are shaped by competing priorities in resource allocation, policy design, and developmental strategies. Recommendations for Policymakers include Integrating sustainable #transition strategies with National Development Plans: Align strategies with national priorities, SDGs, and Agenda 2063. #InnovativeFinancing #capital markets #greenblue & #bluebonds & #carboncredits; #Blended Finance Models United Nations Economic Commission for Africa session at the #C3AAnnualSymposium!

𝗕𝗮𝗹𝗮𝗻𝗰𝗶𝗻𝗴 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲: 𝗔 𝗡𝗲𝘄 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 𝗳𝗼𝗿 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝘃𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 How do we ensure accountability in climate finance without stifling the innovation needed to tackle complex climate challenges? I've explored this tension by examining how accountability mechanisms in institutions like the Green Climate Fund (GCF) shape project outcomes. Using principal-agent and dynamic governance theories, I analyzed GCF projects to uncover key challenges. Findings include: ⚡ Rigid metrics that prioritize short-term outputs over long-term systemic impacts.  💼 High transaction costs that burden resource-constrained entities.  🤝 Stakeholder dynamics that enhance transparency but limit bold, transformative initiatives. To address these issues, I propose a hybrid adaptive accountability framework that emphasizes:  🔄 Flexible metrics capturing diverse impacts.  📈 Iterative learning for continuous improvement.  🗣️ Participatory governance to align oversight with local priorities. #ClimateFinance #Sustainability #Innovation #Accountability #Research

#GET2ESG | 🗣️ Laura de Mergelina (Instituto BME | SIX), highlights the relevance that gatherings such as the #FideOxford24 Congress have to bring together the key actors in #sustainablefinance to face together the main challenges that the industry is facing. 👀 Don’t miss the upcoming report! The document will be ready by late October. We invite you to keep an eye to our social media accounts and our webpage so you can read the conclusions of professionals and experts on how to accelerate sustainable finance. More about the Congress 👉 https://lnkd.in/dQ2GjSmN More information on Fide’s GET-2 Think-Tank: https://lnkd.in/dGGja33u Let’s GET together to build a new, more sustainable future for the #financialindustry 👏 #SustainableFinance #SustainableInvesting #Sustainabilitymetrics #ImpactInvesting #GreenFinance #ESG #Data

Thank you, SFAA Swiss Financial Analysts Association, and all participants! It was an honor to present at the Swiss Financial Analysts Association (SFAA) last week on "The Climate Transition to Net-Zero and the Regulatory Framework in Switzerland." The lively discussions and engagement were truly inspiring. 🔍 Key Takeaways from my Presentation: ⏩ Current Regulation: Second-Best Solutions Dominate: Much of today’s regulatory landscape relies on suboptimal measures like taxonomies, subsidies, and reporting obligations. While necessary, these approaches often miss the mark on driving real change and risk leading to greenwashing. ⏩ What’s Needed: A Robust but Fair Pricing Scheme: Implementing comprehensive and globally consistent carbon pricing is crucial to closing the gap. However, such schemes are inherently regressive, disproportionately impacting lower-income groups. Political frameworks must address these financial disparities through mechanisms like revenue redistribution and targeted support to ensure the transition is socially equitable. ⏩ Role of the Financial Sector: Transition and Stewardship: While the real economy drives sustainability, the financial sector has a crucial role in facilitating this transition. This means prioritizing transparency, upholding fiduciary duties, and actively supporting effective climate transitions over mere compliance.

Great summary of the current situation and what needs to be done for the transition to net-zero from a Financial Services perspective #ESG #sustainability #financialservices #banking

📰 As we enter a new year, let's take a look back at #EDHECRiskClimate's most read articles of 2024, covering a diverse range of topics that are at the heart of our expertise #ClimateFinance #ClimateRisks #ClimateScenarios #DoubleMateriality #CarbonPricing #Greenwashing #Regulation #ESG... ✔️ How Does Climate Risk Affect Global Equity Valuations? A Novel Approach ✔️ Climate Scenario Analysis and Stress Testing for Investors: A Probabilistic Approach ✔️ On the Triple Illusion of Double Materiality ✔️ Assessing the RCP / SSP Framework for Financial Decision Making ✔️ Greenwashing Regulation ✔️ Portfolio Losses from Climate Damages: A Guide for Long-Term Investors ✔️ Finance of Transition, Transition of Finance ✔️ Internal Carbon Pricing: Impact or Greenwashing? ✔️ Bridging the Gap: Making Climate Scenarios Fit for Investors ✔️ Scope for Divergence - A review of the importance of value chain emissions, the state of disclosure, estimation and modelling issues, and recommendations for companies, investors, and standard setters 💚 A huge thanks to all contributors Riccardo Rebonato Frédéric Ducoulombier Dherminder Kainth Gianfranco Gianfrate Lionel Melin Access all articles here: https://lnkd.in/dBtCXcAC

Learn all about the European Union carbon market fundamentals and investment properties of carbon at our event next week featuring Murray Birt. For more information and to book your place, visit: https://lnkd.in/gu52y8Tp #sustainablefinance #equityportfolio #investmentproperties #ESG #financialservices

[EVENT- ONLINE COFFEE WITH Qorus] 🔔 𝗦𝗔𝗩𝗘 𝗧𝗛𝗘 𝗗𝗔𝗧𝗘 - Integrating Biodiversity and Nature Risks into Climate Risks in Financial Institutions! 📩 Register now (free): https://lnkd.in/eSTpvATn 🚀 Join us for an event that brings to light the best practices, regulatory insights, and innovative approaches crucial for building resilience and sustainability in finance. 📌 Adlen Bouchenafa, Partner at TNP Trust, will provide expert insights! Whether you're at the forefront of risk management, investment, regulation, or research, this is your gateway to mastering the complexities of today's economy with an eye towards a sustainable future.   🔍 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 the vital connections between biodiversity, nature risks, and climate change 🤝 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 with leading minds in the industry 🌱 𝗛𝗲𝗹𝗽 𝘀𝗵𝗮𝗽𝗲 a resilient and sustainable financial landscape   #TNPTrust #Sustainability #Finance #Innovation