Archive

COP29: NGFS publications tackle adaptation and climate finance

NGFS says updated scenarios signal two-to-four-times higher physical impacts

The Network for Greening the Financial System (NGFS) group of central banks and supervisors has called for more ambitious policies to tackle the 'first order' risk of climate change, as its updated scenarios showed two-to-four-times bigger physical impacts than its previous iterations.

Webinar: Uptake of spatial data being driven by nature, climate reporting requirements, says Verisk

TNFD reporting has boosted investor demand for geospatial data, an Environmental Finance webinar heard

NGFS warns of inflationary impact of climate policy missteps

Central bankers have been warned that increased action by policymakers to limit climate change risks feeding inflation, if it is not "credible" and clearly signposted, according to the Network for Greening the Financial System (NGFS).

Ocean impact fund universe swells to €2bn

The universe of impact investors exclusively targeting 'ocean' themes has grown to more than €2 billion in assets, Environmental Finance understands, but concerns remain that the theme is drastically underfunded.

Zurich to drop oil and gas producers lacking credible transition plans by 2030

Zurich has unveiled its 2024 climate transition plan that sets interim targets and the strategy to achieve net-zero by 2050 across its insurance business, investments and operations.

Trio of reports to set out importance of policy reform to spur climate finance

Central banks face higher risk of monetary policy mistakes due to climate change, NGFS says

The increasing frequency and intensity of floods, earthquakes and heatwaves due to climate change is likely to make it harder for central banks to forecast inflation and productivity, thereby raising the risk of "mistakes", a group of central banks has suggested.

Judging the credibility of transition plans, part two

Investors preparing for a wave of transition plan disclosures face a complicated task to determine 'what good looks like', Michael Hurley writes

People Moves, 19 July: JP Morgan, Lightrock, Ambienta, PCAF, Co-Labs & Phenix