Banks shouldn’t drag their feet when it comes to target setting and choosing net-zero pathways. The world is moving too fast Banks absorbing the rush of announcements coming out of the COP26 summit in Glasgow should understand this: portfolio alignment is going to become much more complex, and much more fraught. Why? Because in order […]
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The COP26 draft deal: What’s missing as deadline looms
Climate Basics: What are Physical Risks? Why do they matter for your business and community?
November 9th, 2021 In November, Manifest Climate was joined by Dr. Blair Feltmate, author of Sustainable Banking and Aquatic Ecology and Head of Intact Centre on Climate Adaptation for an interactive conversation on what are Physical Risks, and why do they matter for your business? Business and financial decisions are increasingly being assessed by how […]
Why Businesses Should Pay Attention to the Glasgow Financial Alliance for Net Zero
November 3 was ‘Finance Day’ at COP26. Appropriately, much of the media spotlight that day was taken up by the Glasgow Financial Alliance for Net Zero (GFANZ), an umbrella group of six sectoral climate alliances and initiatives covering around 300 banks, insurers, asset managers, and asset owners. Set up in April this year by Mark […]
What will make for a successful COP26 from Canada’s perspective?
How The High Ambition Coalition at COP26 is Setting the Pace for Climate Action
What is the High Ambition Coalition? The High Ambition Coalition (HAC) is an informal alliance of countries within the UN Framework Convention on Climate Change (UNFCCC), set up to promote strong climate action. Established by The Republic of the Marshall Islands in the lead-up to COP21 — the summit that produced the Paris Agreement — […]
Finance takes centre stage at COP26 climate conference in Glasgow
How COP26 Could Transform Business
The UN’s annual flagship meeting on climate change, which kicked off this week, could yield major agreements on net-zero emissions targets, climate finance, carbon trading, and more. All could change the ways in which companies do business What is COP26? The signatories to the United Nations Framework Convention on Climate Change (UNFCCC) gather annually to […]
What makes a ‘good’ transition plan?
A new framework by the Climate Safe Lending Network doesn’t sugarcoat the challenges facing banks when it comes to developing net zero transition plans There’s a crude adage popular with the military known as ‘The 7Ps’ : “Proper Prior Planning Prevents Piss Poor Performance”. It conveys an important truth which banks are being forced to […]
CSA Proposes Mandatory TCFD-aligned Reporting Rules
Corporate leadership on climate has never been more vital. The Government of Canada endorsed the Task Force on Climate-related Financial Disclosures (TCFD) in 2019 and took steps to promote its adoption across the country. On October 18, the Canadian Securities Administrators (CSA) — the umbrella organization of Canada’s provincial and territorial securities regulators — published […]