Tag:

Climate Change

Favourable Renewable-Energy Economics Are Now Too Attractive to Ignore

by internationalbanker November 26, 2019

The push to transition from fossil fuels to renewables for power generation has been motivated largely by environmental concerns. But today, dollars and cents are increasingly supporting the transformation drive, as renewable-energy sources become much more cost-effective, even outmatching fossil fuels in value per dollar. Forecasts predict that new power generation through renewables—especially solar, wind, hydroelectric—will soon outstrip fossil fuels, attracting growing interest from governments, banks and investors.

November 26, 2019

Finance

Climate Change and Banks’ Risk Management: Can It Affect Investment Decisions?

by internationalbanker October 2, 2019

Climate change has already altered industries, and banks have not escaped its reach. Banks are finding that climate-related risks, both physical and transitional, are manifesting on their balance sheets. As with any risk, financial institutions that fail to effectively manage climate-change risks are more vulnerable to the rising tide of environmental hazards. What does recent research indicate about banks’ responses to the financial risks (and opportunities for investment) associated with our changing climate?

October 2, 2019

Banking

Central Banks Stepping up the Fight Against Climate Change

by internationalbanker July 22, 2019

Central banks, guardians of financial systems, consider multiple factors when determining policy; today, as countries suffer the effects of severe weather, central banks feel impelled to include the risks associated with climate change. Groups such as the Network for Greening the Financial System, which unites central banks to address climate-change financial risks and aids the private sector toward achieving a more sustainable future, allow central banks to pool their resources to combat this threat.

July 22, 2019

Banking

Can Banks Play a Role in Improving Resilience to Climate Change?

by internationalbanker June 17, 2019

The world’s neediest people are particularly vulnerable to unexpected crises, which come in many forms, from catastrophic conflicts to calamitous cyclones. They need all the help they can get to weather the storms of life. The financial-service provider can throw a lifeline in the form of financial products that make the difference between sinking or swimming. In what practical ways are banks helping vulnerable people living through the most challenging circumstances?

June 17, 2019

Banking

Sustainable Trade Sets Down Roots

by internationalbanker March 14, 2019

Since trade finance is lifeblood of global business, it has a positive role to play in driving sustainable practices. Here, banks can lead by example: through collaborative efforts, they can play a crucial role in encouraging a diverse network of counterparties to safeguard environmental, social and governance (ESG) principles, while also stimulating growth. So, how can “sustainable trade” be fully realized to meet these ends?

March 14, 2019

Finance

The Road from Paris: Whither Climate Policy?

by internationalbanker September 15, 2016

The Paris Agreement has been touted as the antidote to global warming; with countries agreeing to jointly reduce greenhouse-gas emissions, climate change will be dealt a severe blow. But the success of the treaty rests largely with individual nations and how successful they are in implementing policies for the short- and long-term.

September 15, 2016