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Major Global Investors Push Companies on Climate Policy
December 14, 2017
A group of 225 major investors, who together control over $26 trillion in assets, have joined the Climate Action 100+ initiative, whose goal is to systematically engage 100 of the world’s top greenhouse gas emitting companies and push them to reduce emissions throughout their supply chains and begin releasing climate-related financial disclosures.
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EU Promises Significant “Green” Investment in Neighboring Regions
December 14, 2017
EU Climate Action and Energy Commissioner Miguel Arias Cañete has announced the bloc’s plan to mobilize billions of euros in private and public investment toward climate-friendly objectives in Africa and EU Neighborhood countries as part of the EU External Investment Plan.
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Environment Ministers Issue Anti-pollution Declaration
December 14, 2017
Member-state environment ministers issued a first-ever declaration at a meeting of the UN Environment Assembly, pledging to combat pollution via a variety of strategies, including by “moving societies towards sustainable lifestyles based on a circular economy [and] promoting fiscal incentives to move markets.”
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Companies Increasingly Adopt Climate-Related Disclosure Guidelines
December 14, 2017
237 companies worldwide have declared their support for the Task Force on Climate-related Financial Disclosures, which has developed a set of voluntary recommendations for companies to disclose information relevant to the future effects of climate change on financial investments.
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OECD Pushes Bank to Cut Carbon Funding
December 13, 2017
According to the website Climate Liability News, the Organisation for Economic Co-operation and Development (OECD) responded favorably to a complaint from four nongovernmental organizations calling on Dutch bank ING to measure and cut its contributions to companies that produce greenhouse gas emissions.
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