Tellef Thorleifsson’s Post

How green does green capital need to be to fight climate change? https://lnkd.in/gWvpU6tf. Discover more at Savvy Investor. Governments are ramping up their efforts to meet their various climate commitments. But can they do so in time? Below you will find some of the most timely and thought-provoking insights into how sovereigns are approaching climate change—a critical challenge for both governments and investors alike. #greencapital #esg #climatechange #greeninvesting #investors By... DRGR, FTSE Russell, An LSEG Business, Investcorp, Robeco, Gresham College, University of Cambridge, BNP Paribas Asset Management, Bruegel - Improving economic policy, World Economic Forum & Amundi.

As experts, we often get asked to speak about what's wrong with climate markets. We need to be more focused on what's good and what opportunities there are to harness. The Sustainable Markets Initiative The climate has changed: How CIOs are investing in a climate-resilient economy report highlights that: “This is a mega-trend: there are huge opportunities to take and major new risks to manage.” Huge opportunity: "As of 2022, the discretionary assets of the world’s 100 largest asset owners were estimated to be $25.7 trillion, with the top 20 asset owners representing over 55% of these assets.2 They have the potential to direct large capital flows towards or away from economic activities that support real-world decarbonization. Their fiduciary duty to achieve long-term returns for their beneficiaries (such as pensioners) also implies a need to understand and manage long-term risks, such as climate change, appropriately." I will be discussing this at the post COP29 event in London with @ZERO13 & Green Bond Corporation [Link to Register in comments] Hirander Misra Dr. Luke Kirke Mark Phillips Suresh Yadav Sarah Ghosh FCMA, CGMA Abhishek Kumar, CFA Ashley Wilson Paul Muthaura Paul O'Connor Richard Mukurumbira (PhD, MPhil, MBA, MMgt, BSc.) Dr. Hubert Danso Andrew Wolfson Emile Fourie https://lnkd.in/eNBBnZxB

💡CLIMATE SOLUTIONS SUMMIT HIGHLIGHT: Navigating Transition Risk Midway Through the Decisive Decade A transition toward a 1.5ºC-aligned decarbonized global economy by 2050 requires fast and furious action, but the path ahead is opaque. The enhanced pace of climate change and negative externalities associated with unstable environmental, regulatory, and financing conditions add to uncertainty around cost assessments for transition and its financial impact on businesses and investors. Join us at our Climate Solutions Summit which will include a panel on how investors can address this transition risk. Speakers will include: Mark Campanale, Founder & Director, Carbon Tracker Daniel Firger, Advisor for Sustainable Finance, Bezos Earth Fund Swami Venkataraman, Associate Managing Director, Sustainable Finance, Moody's Ratings See our full agenda here: https://bit.ly/AF_CS

At the S&P Global New York Climate Week event today, we discussed with Carmen Nuzzo at Transition Pathway Initiative (TPI) , Robert White Natixis Corporate & Investment Banking and Michael Ferguson the challenges and opportunities of implementing the transition. Here are my key takeaways from this engaging panel: - with increasing number of companies having net zero targets, investors have become more sophisticated and want to understand the robustness of their transition plan. - intermediary targets, specific metrics beyond emission reductions, action and investment plans and alignment with the business strategy are important measures of success . - companies in hard-to-abate sectors, for which a path to net zero might not exist with existing technologies, play a critical role in the world’s transition to a low carbon economy. Investors need to look at their progression along the range of shades to support them in the transition. Key words todays were transparency and engagement! Thank you to my fellow panelists and the audience at the NEST. #climatetransition #climatechange

Investment managers increasingly recognize that climate risks are material financial risks. And as the systemic, far-reaching impacts of climate change are becoming more pronounced and tangible, it’s clear that climate-related financial risks cannot be addressed through analysis of or investment in one company — or one even sector — at a time. The potential impact of climate risks and solutions can be fully understood only in the context of each sector and its place in the economy as a whole.  Read The Very Rev Kirsten Snow Spalding's thoughts on why listening to investors has made the Net Zero Investment Framework more responsive to market dynamics. https://lnkd.in/e74TfeST

Candriam is pleased to announce that we have signed the 2024 Global Investor Statement to Governments on the Climate Crisis. Investors recognize that policy mechanisms are essential to achieve a net zero emissions economy by 2050 or sooner, with interim targets in line with credible 1.5°C pathways. That’s why ahead of #COP29 – alongside hundreds of investors – we’re calling on governments to enact 5 essential policy actions to accelerate the private capital flows needed for a just transition to a climate-resilient, nature-positive economy. Find out more about the #climatepolicy asks here 🔗 https://lnkd.in/g5x6RgCx Together we continue #Investing4Tomorrow #GlobalInvestorStatement #ClimateCrisis #NetZeroEmissions

The IIGCC (Institutional Investors Group on Climate Change) recently released the Net Zero Investors Framework 2.0. This framework is intended to help investors of all types understand how to create and disclose on a net-zero investment framework. Of course, the starting point is multi-asset understanding and disclosure of your scope 3 financed emissions, and an understanding of how they change over time. Link in comments.

🤔 Should climate change be on every investor's radar? ✅ Climate change isn't just an environmental issue, it's a financial one too. Did you know over half of institutional investors recently surveyed (54%) believe companies with strong climate action plans have a competitive edge? ✅ A robust climate strategy is becoming a market advantage. The report by Lloyds Banking Group revealed the majority (68%) of investors consider these plans when making investment decisions. ✅ When organisations prioritise climate action, they demonstrate not only environmental responsibility but also long-term vision and preparedness for a changing world. This translates to investor confidence and potentially stronger returns. Are you incorporating climate considerations into your investment strategy?  https://lnkd.in/dphzWeN6 #Investors #ESG #NetZero #ClimateAction #TransitionPlanning

The climate cash conundrum: A tale of two worlds 🌍 I've witnessed firsthand the challenges of sustainable development. Here's a hard truth: Those who industrialized first are now gatekeepers of "sustainable" funding. But what about nations that preserved their environments? They're often left out of the conversation. This isn't just unfair. It's counterproductive. Real sustainability demands equity in climate finance. We need a system that: • Recognizes historical contributions to climate preservation • Provides equal access to green funding • Supports transition for all economies, not just developed ones I'm working to bridge this gap. It's time to redefine "sustainable industrialization" with fairness at its core. What's your take on equitable climate finance? Share your thoughts below 👇 #SustainableDevelopment #ClimateEquity

The journey toward a low-carbon future must be profitable, but it requires collaboration between the public and private sector. That’s why today, alongside the World Economic Forum's Alliance of CEO Climate Leaders, we are calling for policy measures that will accelerate our progress. To succeed in decarbonization, we need strong public frameworks and targeted incentives to drive private investment, especially as traditional market mechanisms continue to evolve. Politically set targets are crucial, but achieving them takes political will and decisive action. In our open letter, we’ve outlined key actions to support this transition: ✅ Develop ambitious, credible, and investable Nationally Determined Contributions (NDCs) ✅ Scale up climate finance from billions to trillions and de-risk private capital flows ✅ Remove transition obstacles to deliver on COP28 pledges ✅ Support breakthrough technologies to reach commercial scale Read the letter here 👉 https://lnkd.in/gFpHWFFn #AllianceofCEOClimateLeaders