Posts Tagged ‘investments’
IEEFA U.S.: Experts offer testimony on Maine fossil fuel divestment planning
The article was written by Tom Sanzillio and Dan Cohn and originally published in IEEFA on February 28, 2022. February 28, 2022 (IEEFA) – Maine officials have taken “a responsible first step” in complying with new legislation requiring the state to divest from fossil fuel investments, but care should be taken to ensure that its…
Read MoreThe financial impact of fossil fuel divestment
The journal article was originally written by Auke Plantinga and Bert Scholtens and published in the journal Climate Policy on August 17, 2020. 1. Introduction Most fossil fuel reserves should be left unused to not exceed the 2°C threshold beyond which dramatic climate change seems unavoidable (Meinshausen et al., 2009). This has motivated the advent of…
Read MoreAlberta Fossils Face Credit Crunch as Worried Investors Focus on Climate Risk
This article was written by Bob Ascah and published in The Energy Mix on February 9, 2022. New battle lines are being drawn between Canada’s financial regulators and Alberta’s oilpatch over the country’s climate change policies. The Bank of Canada and Canada’s Office of the Superintendent of Financial Institutions (OSFI) recently released a pilot study that looked…
Read MoreHow resiliency in risk management is the new top priority for banks
Written by Jan Bellens and Mark Watson this article was published by Ernst & Young Global Limited on June 22, 2021. As the COVID-19 pandemic starts to ease in some countries, banks are reflecting on the impact of a global health crisis on their institutions. The 11th annual EY/IIF global bank risk management survey shows that…
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