I keep hearing people saying stuff like "the energy transition has been halted by the hard energy security realities of 2022".
And then I notice that capex in wind and solar this year will overtake capex in upstream oil and gas for the first time, per @RystadEnergy
From coal phase-out and methane pledges to net zero commitments, IIGCC has put together a day-by-day summary of the highlights from COP26 for investors. Find out more: https://t.co/SVoIZ9gSDw
Looking for a summary of key announcements from #COP26#FinanceDay? Read the IIGCC insights blog with mentions of #NetZero commitments, transition plans and #ClimateReporting standards. https://t.co/kgHqerM9ix
IIGCC is in the #COP26 Nordic Pavilion with @ClimateIC this morning, celebrating the announcement of a $130 billion commitment towards #CleanEnergy and #ClimateInvestments from Nordic and UK pension funds.
With 92 new asset managers committing to #NetZero today, signatories to the #NetZeroAssetManagers initiative now represent over 50% of global AUM. This signals the intent of institutional investors in collectively tackling #climatechange. Read more here: https://t.co/5t8C9O5cbM
Today, 43 asset managers share first interim targets for the proportion of assets managed in line with achieving #NetZero, plus set shorter-term targets for reducing emissions within their #investments. Read the progress report here: https://t.co/B4WsDDfv6Y
Today over 50 of our members, representing $10 trn in assets, set out expectations of companies in identifying and responding to physical effects of #ClimateChange. They also ask 50 highly exposed companies to identify and respond to physical risks. https://t.co/XSI59XwEUj
IIGCC is proud to announce that the Paris Aligned Asset Owner group has grown to 40 investors with a combined AUM of $2.35 trillion. 12 new asset owners commit to achieving net zero emissions alignment through the Paris Aligned Investment Initiative. https://t.co/SSks06xjUg
Islay ferry cancelled so trying to extend my @SixtUK car rental. Online modification service not allowing changes and no phone number I can call. Really unhelpful customer service. But no doubt they’ll happily charge me for not returning the car on time…
One of my personal favourites. A figure we did in Chapter 1 of #IPCC#ClimateReport showing the five considered scenarios, the timings peaking and halving CO2 emissions as well as when they reach net-zero. Together with @ed_hawkins beautiful stripes.
IIGCC is hiring for two exciting roles! We are looking for a new Senior Programme Manager and an Investment Specialist. Find out more on the vacancies page of our website. https://t.co/Xlt7gpsWge
As a founding partner of the Net Zero Asset Managers initiative, IIGCC is delighted to announce that 41 asset managers with $6.8 trillion in AUM have today committed to support the goal of net zero emissions by 2050 or sooner. #NetZeroAssetManagers https://t.co/YbgLXy1Oyo
A brilliant panel discussion this morning at our member event on the @IEA Net Zero by 2050 Roadmap for the Global Energy Sector.
@Laura_Cozzi_, Chief Energy Modeller, IEA and one of the lead authors of the roadmap in rich discussion with leading investors and IIGCC.
Europe's largest pension fund - @abppensioen - becomes a Paris Aligned Asset Owner, along with @TPTRetirement @WiltsPensions @nationaltrust @SYPensions @ChurchofSweden and the Paris Aligned Investment Initiative is Race to Zero accredited. Good day for #netzero@IIGCCnews
I am really really excited to be establishing an @IIGCCnews workstream to determine how derivatives can be aligned to the goal of net zero emissions by 2050. Aiming to close a big (and complex) gap in investors' net zero strategies. #netzero#HedgeFunds
The @IIGCCnews has launched a workstream to look into how derivatives can be aligned with #NetZero targets so that sophisticated strategies such as hedge funds can come under its Net Zero Investment Framework https://t.co/jpgKx8rKaa
PCAF is pleased to announce our collaboration with the Paris Aligned Investment Initiative (PAII), which points to #PCAFGlobal as the leading GHG accounting approach to underpin the Net Zero Investment Framework. @IIGCCnews
Read the press release here: https://t.co/eh7i5DP0Mp