ImpactAlpha. Oct. 7 – The world’s largest fossil fuel funder said it would reduce financed emissions in line with Paris goals, promising more details in the spring. JPMorgan Chase will work with “clients, policymakers and advocates to transition our economy and turn the goals of Paris into a reality,” said co-president Daniel Pinto. A new
Oil is in decline. But U.S. taxpayers could be saddled with more than $280 billion when oil and gas wells are decommissioned or abandoned.
“Deforestation, climate change and the conversion of wilderness for human food production are destroying Earth’s web of life,” warned Secretary-General António Guterres said at the U.N. biodiversity summit.
A new crop of financial solutions put of the Global Innovation Lab for Climate Finance “address the climate emergency while providing much-needed sustainable recovery opportunities for overcoming the COVID-19 pandemic economic shock,” says Barbara Buchner of the Climate Policy Initiative.
"There is no sustainable future without sustainable cities,” said the World Bank’s Mari Pangestu at Climate Week.
“Companies are becoming more serious in their commitments,” said Danielle Fugere of As You Sow.
Legal & General and PIMCO were the toughest on corporate management when it came to voting their proxies.