The California Climate Policy Dashboard seeks to provide a concise, easy-to-use overview of some of the major California climate laws and programs and introduce readers to some of the state regulators responsible for implementing them.
Bill Gates. How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need. Alfred A. Knopf. February 16, 2021.
Climate change is a global crisis that requires a global response. Without a successful green transition everywhere, climate risk is unmanageable anywhere. Emerging markets (EMs) are essential to the transition, but they are starved of capital to fund it. A big emerging question: how can EMs get the investment they need for the net-zero transition?
In 2021, banks financed 81% as much low-carbon energy supply as fossil fuels – for every dollar of bank financing activity supporting fossil-fuel supply, 0.8 supported low-carbon energy. While financing is a different metric to capital invested, this ratio broadly reflected real-economy investment activity at 0.9:1.
Climate change can seem like a problem that’s either too big—or too far down the road—to solve. But the main sources of today’s global greenhouse gas emissions are known: manufacturing (30%), electricity (26%), agriculture (21%), transportation (16%), and buildings (7%). These are the Five Grand Challenges of climate change. To get to zero, all five need to be tackled—starting right now.
The Green Premium is the additional cost of choosing a clean technology over one that emits more greenhouse gases. Right now, clean solutions are usually more expensive than high-emissions ones, in part because the true economic and environmental costs of existing options like fossil fuels are not factored into the price paid for them.
The Carbon Pricing Leadership Coalition brings together leaders from government, private sector, academia, and civil society to expand the use of carbon pricing policies.
CRANE is an Open Source tool that calculates Emissions Reduction Potential. The tool is managed and funded by Prime Coalition, a non profit public charity and catalytic investor.
This report discusses how to neutralise the problematic parts of the US Inflation Reduction Act, while capitalising on the elements that are good for the EU economy.
Generation Investment Management. The Impact Gap. November 16, 2021.
Glasgow Financial Alliance for Net Zero (GFANZ). 2022 Progress Report. November 2022.
This report details the progress GFANZ has made in 2022 under its program of work to support financial institutions in operationalizing their net-zero commitments, accelerate capital mobilization to EM&DEs, and advocate for credible policies and standards to enable net-zero transition across the globe.
GCF is a unique global platform to respond to climate change by investing in low-emission and climate-resilient development. GCF was established by 194 governments to limit or reduce greenhouse gas (GHG) emissions in developing countries, and to help vulnerable societies adapt to the unavoidable impacts of climate change.
International Energy Agency (IEA). Mobilising investment and finance – World Energy Outlook 2021. December 2021.
The new energy economy will be more electrified, efficient, interconnected and clean. Its emergence is the product of a virtuous circle of policy action and technology innovation, and its momentum is now sustained by lower costs. In most markets, solar PV or wind now represents the cheapest available source of new electricity generation. Clean energy technology is becoming a major new area for investment and employment – and a dynamic arena for international collaboration and competition.
The Speed & Scale plan shows how we can cut greenhouse gas emissions to net zero by 2050 and get halfway there by 2030. The tracker monitors progress across the ten critical objectives and their key results, including climate finance.
To keep global warming within 1.5°C, trillions of dollars more will need to be invested in clean energy production and infrastructure every year from now until 2050. While most of that will have to come from the private sector, governments must act as the seed funders and market makers.
This report focuses on understanding the nature and extent of the economic and societal adjustments needed to reach net-zero. It simulates the aggregate changes in demand, capital allocation, costs, and jobs that would occur by 2050 under a net-zero transition and examines the potential gains and opportunities, as well as the losses and costs.
The Inflation Reduction Act contains $500 billion in new spending and tax breaks that aim to boost clean energy, reduce healthcare costs, and increase tax revenues.
Investments in climate technology are still increasing, defying the headwinds that affected most capital markets. This report identifies eight factors for deploying capital in this resilient space.
The Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law (BIL), which was signed in November 2021, will provide more than $1 trillion in public investment to improve the country’s clean-power infrastructure. More than a year since its signing, McKinsey takes stock of announced funding, programs, and the road ahead.
This report is part of the Morgan Stanley Institute for Sustainable Investing’s ‘Sustainable Reality’ series, which assesses the historical performance of sustainable funds against traditional funds over a specific timeframe using Morningstar data. This report analyzes performance for calendar year 2022. Despite Challenging Market Conditions in 2022, Investor Demand for Sustainable Funds Remains Strong.
Pension funds, sovereign-wealth funds, insurance companies and other institutional owners of capital are committing to reduce financed emissions across their portfolios. This guide from MSCI ESG Research outlines concrete steps to help asset owners convert climate commitments to action.
An introduction to the risks that climate change poses to financial systems and stakeholders, as well as actions to accurately account for these risks in decision making.
In March 2022, SEC proposed rule changes that would require public companies to disclose climate-related risks likely to have a material impact on their business, as well as their greenhouse gas emissions, to ensure transparency, clarity, and accountability.
The Sharm El Sheikh Guidebook for Just Financing brings the idea of ‘Justice’ to climate finance to raise the critical question of what stakeholders need to do to translate commitments into implementable projects while capturing opportunities to leverage and catalyze needed finance and investments for climate action in developing and emerging economies that need them the most.
The 2060 carbon neutrality commitment announced by the Chinese government in September 2020 demonstrates China’s determination and ambition to promote carbon neutrality. The report sets out the guiding principles for the new development model and defines the actions required to reshape key productive sectors in China.
The Sharm el-Sheikh Implementation Plan focuses on promoting international cooperation to mitigate climate change through technology transfer, capacity building, and financial support.
Vaclav Smil. How the World Really Works. Viking. January 22, 2022.
