Low angle view of modern skyscrapers in Midtown Manhattan.
Climate Finance
Net-Zero Commitments: The US Financial Sector Weighs In
In the years since the 2015 Paris Agreement, net-zero or “climate-alignment” commitments have spread rapidly across financial sector, with the trend recently gaining considerable momentum in the United States. Since…
Financing the Transition from Coal to Clean Energy
It is becoming clear that an accelerated coal-to-clean transition in the global electricity system is both necessary and feasible. Commitments to cease new coal investments are critical in the near-term but insufficient to meet global emissions reductions required by the end of this decade. According to Carbon Brief, any…
Financing 1.5°C: Contextualizing Wall Street’s Latest Climate Commitments
Financing 1.5°C is a new series exploring the unique challenges and opportunities facing global financial institutions as they look to transition the real economy toward a net-zero future. Financing 1.5°C aims to elucidate just what “climate alignment” means and looks like in practice, with a focus on actions the financial…
Securitization in Action: How US States Are Shaping an Equitable Coal Transition
Much has been made of coal’s dramatic decline. Coal is no longer the cheapest way to generate electricity in many countries, and in recent years power plants and mines have closed in the face of this economic reality, especially in the United States and Europe. In the coming decade,…
Mission Possible Partnership: Joining Forces to Decarbonize Heavy Industry
The financial sector faces a challenge: institutions that want to decarbonize their portfolios can’t always do so at scale while the world continues to rely on carbon-intensive heavy industry. In turn, industrial corporations are reticent to make changes to their operating model for fear of jeopardizing vital sources of investment…
