Climate change is a risk that, while significant, is oftentimes misunderstood by the financial community. The new Carbon Asset Risk Discussion Framework aims to help financial institutions identify and understand climate-related risks to their portfolios.
WRI and UNEP-FI Portfolio Carbon Initiative
The Carbon Asset Risk Discussion Framework is a resource for financial institutions and was developed by WRI and the UNEP Finance Initiative in consultation with more than 100 energy, climate and finance experts.
This report provides objective, fact-based guidance to finance...
China will need investments in the order of $330 billion (RMB 2 trillion) a year from 2015-2030 to overcome its environmental challenges. Tapping the private sector can help scale up the country's green finance.
WASHINGTON//LONDON (July 6, 2015)– A new report released by the Global Commission on the Economy and Climate identifies ten key economic opportunities that could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change. The report calls for stronger cooperation between governments, businesses, investors, cities and communities to drive economic growth in the emerging low-carbon economy.
The excitement around clean energy access through distributed renewable energy has a good basis in real world experience. By creating the right policy and regulatory conditions, international clean energy access initiatives can help other countries benefit from greater access to electricity through distributed renewable energy.
How much money will the world need to protect itself from the impacts of climate change? By some estimates, about $300 billion a year by 2050.
The China-led Asian Infrastructure Investment Bank and other new multilaterals are becoming an important part of the development finance landscape. How they answer these five questions will have far-reaching implications.
The value of sustainability is oftentimes misunderstood by businesses and investors seeking to quantify more immediate impacts on revenue growth. Goldman Sachs' director of environmental markets, Kyung-Ah Park, explains how businesses can better engage investors in their corporate sustainability efforts.
Citigroup's new five-year sustainability strategy could help shift global capital towards low-carbon development.