United Nation Careers. Com’s Post

In case you are interested

A lot of good context and information here

"To avoid the worst effects of climate change, we need an enormous amount of new investment in clean energy, especially in emerging markets. This platform will give free resources and technical assistance to leaders in developing countries to help them cut emissions, drive economic growth, improve public health, and save lives" - Mike Bloomberg In case you missed it, we recently announced our membership in the Global Capacity Building Coalition (#GCBC), supported by Bloomberg Philanthropies, as it looks to increase the effectiveness and availability of capacity building programs globally. With the launch of its new platform, the GCBC brings together some of the world’s leading capacity-building organizations to help simplify the landscape and boost the effectiveness of climate finance capacity-building programs. Read more about the coalition here, as well as soundbites from our very own Rich Apostolik and Jo Paisley: https://lnkd.in/eHXVyTEc #NYCW #NYCW24 #GFANZ #ClimateFinance #ClimateChange #GlobalLeadership #CapacityBuilding

As US Environmental Protection Agency (EPA) Greenhouse Gas Reduction Fund (GGRF) applicants eagerly await news of prospective grant awards, my Guidehouse Financial Services and Guidehouse ES&I colleagues Britt Harter, Thomas Holland, Ted K. and I collected some of our lessons learned from supporting the stand-up and operation of over 20 financial assistance programs over the past decade and a half. Check out our top lessons learned here! #guidehouse #guidehouseexperts #ESG #greenbanking

Survey: Sovereign Wealth Funds Adopt More Tools to Monitor Climate Impact "Among the funds’ new techniques: adopting carbon footprinting, which tracks how much greenhouse gas an activity is producing, and climate scenario analysis, which gauges how much climate risks affect the financial health of institutions and the overall financial system. At the same time, SWFs are more “interested in different climate financing instruments and safeguards” than before, the study noted. It pointed to increased use of catastrophe insurance. This coverage “acts as a portfolio diversifier because it is negatively correlated to equity markets,” the study concluded—presumably as portfolio insurance. So when natural disasters and other such events harm stock markets, insurance payouts offset policyholders’ equity losses." #climaterisk #netzero #climatesolutions #ESG Intentional Endowments Network Chief Investment Officer

🌍 Preparing for Mandatory Climate Reporting: Why the Time to Act is Now 🌍   While mandatory climate reporting for Group 2, including superannuation funds, doesn’t officially begin until July 2026, leading institutions are already laying the groundwork for compliance with Australia’s new climate-related financial disclosure requirements.   Group 1 are already setting a strong precedent with their disclosures, providing invaluable insights that Group 2 funds can leverage. Early adopters are not only enhancing their transparency but also positioning themselves to better manage climate risks—creating a competitive advantage in the marketplace.   The urgency to act is clear: while Group 2 funds have some time, the complex work of data collection, scenario analysis, and governance integration requires proactive steps now.   At Pathzero, we’re ready to support superannuation funds in navigating this transformation, helping streamline data collection and ensure compliance with new regulations.   Read the full blog for more insights: https://lnkd.in/gaBh_xWx   #ClimateReporting #Sustainability #Superannuation

Environmental & Reputational Risk: Push Back on Canada’s Genocide Against Indigenous First Nations⚠️⛔️⚠️ Globe & Mail - Emma Graney & Jeffrey Jones: Athabasca Chipewyan Indigenous First Nation to push climate resolution on asset retirement obligations at ExxonMobil's Cana Unit, Imperial Oil Limited. Athabasca Chipewyan First Nation will on Tuesday push a climate resolution at Imperial Oil Ltd.’s annual meeting, the latest step in its public pressure on the oil giant, which failed to tell the community about a leaking oil sands tailings pond for almost a year. 
Water tainted with dangerous levels of arsenic, dissolved metals and hydrocarbons seeped from the Kearl oil sands project in Northern Alberta into the environment for more than a year starting in May, 2022, but no local communities were told until a separate incident in February, 2023, spilled 5.3 million litres of wastewater. 
The leak and the secrecy around it spurred numerous investigations, including by the House of Commons environment committee, and prompted Imperial’s chief executive officer to apologize. ACFN is also suing the Alberta Energy Regulator.

Chief Allan Adam said ACFN is taking the unusual step of applying pressure at Imperial’s meeting because the Calgary-based company has done nothing to prove to his community that the Kearl oil sands project is safe. 
Imperial posts regular updates on work under way to address industrial wastewater leaking from its site. In its April update, it said its focus is on expanding and improving its seepage interception system and monitoring network. That includes more than tripling the number of pumping and monitoring wells as part of plans to expand the system. 
While ACFN’s resolution is specific to Imperial, Mr. Adam said its target is much broader.
“This is going out to all of industry, putting all of industry on notice,” he said in an interview. “It pertains to every company in the region that has a tailings pond.” 
The 2-line resolution, moved on behalf of shareholder Leanne Baer, doesn’t directly refer to Kearl, nor the tailings leak. Instead, it requests that the board provide an audited report within a year estimating the financial effects of climate change on Imperial’s asset retirement obligations. Those obligations, it argues, could pose a financial material risk to the oil company, and thus should be disclosed to shareholders.

A new survey of signatories to the Paris Aligned Asset Owners initiative finds that: 📊 71% of signatories have set quantitative targets to increase their allocation to climate solutions. 📊 95% of signatories reported to have engaged with their asset managers on climate-related financial issues. 📊 95% of signatories reported to have undertaken policy advocacy aligned with meeting the goals of the Paris Agreement. Learn more: https://lnkd.in/gGAdfFdE

As a science-backed organization, we must admit that sometimes it's not all about the science! Taking climate action at work is about being part of something bigger than yourself. 🌍 If you work in Grantmaking or Asset Management, we have new job function action guides just for you! Don't wait any longer to get started; check the link to view the full library: https://bit.ly/3XcqnFJ #everyjobisaclimatejob #climateatwork #greenjobs #climateaction #climatesolutions #grantmaking #assetmanagement #greenfinance #greengiving

📢 Financial institutions must invest in a Just Transition, halt fossil fuel expansion financing, and protect people and planet! Today WECAN is releasing the fourth edition of the report, “The Gendered and Racial Impacts of the Fossil Fuel Industry in North America and Complicit Financial Institutions,” which underscores the intersections of gender, race, fossil fuels, and complicit financial institutions—calling for divestment from fossil fuels and extraction for the health, safety, and protection of our communities and Mother Earth. The report explicitly exposes the role that financial institutions play in preserving and perpetuating negative gender and racial impacts through focusing on 9 regional case studies, from the buildout of LNG terminals in the Gulf South to the Willow Project in the Western Arctic. The report spotlights Vanguard, BlackRock, Capital Group, Citigroup, JPMorgan Chase, Royal Bank of Canada, Bank of America, and Liberty Mutual as primary financiers of harmful fossil fuel projects within the regional case studies. The report delivers recommendations and a call to action for financial institutions to immediately divest for the health of our communities and the protection of Nature and our climate. Women are rising up to stop fossil fuel extraction and harm in their communities. This report is a tribute to their work, and the demand for financial institutions to stop financing destruction and instead invest in communities and a Just Transition. Read the full report → https://lnkd.in/ekJ3x_cb  #ClimateAction #DivestFromFossilFuels #EndFossilFuels #GenderJustice #RacialJustice #ClimateJustice #JustTransition #FossilFuelPhaseout #DefundDestruction