Glasgow

ENERGY TRANSITION ACCELERATOR AND WORLD BANK ANNOUNCE STRATEGIC COLLABORATION TO SCALE UP CLEAN ENERGY FINANCE

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tisdag, september 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank today announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank to mobilize finance to support just, accelerated energy transitions in developing countries.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank today announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank to mobilize finance to support just, accelerated energy transitions in developing countries.
  • The strategic collaboration between ETA and SCALE, announced at a Climate Week event hosted by The Rockefeller Foundation, aims to leverage the strengths of each initiative to mobilize finance for effective energy transitions.
  • The United States, the first contributor to SCALE, will work with the World Bank to enlist other contributors.
  • "The Energy Transition Accelerator and the World Bank's SCALE initiative each bring vital tools to this effort.

KBRA Releases Research – The Glasgow Financial Alliance for Net Zero (GFANZ): Two Years Later

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fredag, augusti 4, 2023

KBRA releases research that examines the criticisms surrounding the Glasgow Financial Alliance for Net Zero (GFANZ).

Key Points: 
  • KBRA releases research that examines the criticisms surrounding the Glasgow Financial Alliance for Net Zero (GFANZ).
  • The report discusses the GFANZ and Race to Zero partnership, greenwashing, and antitrust concerns, notable membership departures, and the path forward for climate alliances.
  • One of the largest groups to form is known as the Glasgow Financial Alliance for Net Zero (GFANZ), an international initiative designed to mobilize the finance sector’s commitment toward achieving global net zero emissions by 2050.
  • Some banks and financial institutions have filed complaints, claiming certain targets that the alliance promised were unrealistic and proposed without consultation.

Key outcomes from a High-Level Roundtable on Voluntary Carbon Markets at The Summit for a New Global Financing Pact

Retrieved on: 
fredag, juni 23, 2023

PARIS, June 23, 2023 /PRNewswire/ -- The UAE COP28 Presidency and the Glasgow Financial Alliance for Net Zero (GFANZ) co-hosted a high-level roundtable on Voluntary Carbon Markets (VCMs), as an official side event to the Summit for a New Global Financing Pact.

Key Points: 
  • PARIS, June 23, 2023 /PRNewswire/ -- The UAE COP28 Presidency and the Glasgow Financial Alliance for Net Zero (GFANZ) co-hosted a high-level roundtable on Voluntary Carbon Markets (VCMs), as an official side event to the Summit for a New Global Financing Pact.
  • The session confirmed the urgency of ensuring that high-integrity voluntary carbon markets (VCMs) are scaled, given the critical role they can play in mobilizing significant flows of cross-border financing to emerging markets and developing economies (EMDEs).
  • Important work to develop the supply of new types of credit - including those designed to accelerate much needed energy transition - was addressed.
  • Voluntary carbon markets could channel hundreds of billions of dollars to nature-based solutions and accelerated coal phaseout.

Key outcomes from a High-Level Roundtable on Voluntary Carbon Markets at The Summit for a New Global Financing Pact

Retrieved on: 
fredag, juni 23, 2023

PARIS, June 23, 2023 /PRNewswire/ -- The UAE COP28 Presidency and the Glasgow Financial Alliance for Net Zero (GFANZ) co-hosted a high-level roundtable on Voluntary Carbon Markets (VCMs), as an official side event to the Summit for a New Global Financing Pact.

Key Points: 
  • PARIS, June 23, 2023 /PRNewswire/ -- The UAE COP28 Presidency and the Glasgow Financial Alliance for Net Zero (GFANZ) co-hosted a high-level roundtable on Voluntary Carbon Markets (VCMs), as an official side event to the Summit for a New Global Financing Pact.
  • The session confirmed the urgency of ensuring that high-integrity voluntary carbon markets (VCMs) are scaled, given the critical role they can play in mobilizing significant flows of cross-border financing to emerging markets and developing economies (EMDEs).
  • Important work to develop the supply of new types of credit - including those designed to accelerate much needed energy transition - was addressed.
  • Voluntary carbon markets could channel hundreds of billions of dollars to nature-based solutions and accelerated coal phaseout.

Watershed Welcomes Mary Schapiro to Policy Advisory Board

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torsdag, juni 1, 2023

Watershed , the leading enterprise climate platform, today announced former US Securities and Exchange Commission (SEC) Chair Mary Schapiro will join the Watershed Policy Advisory Board , a group of climate policy leaders offering strategic advice to Watershed as it helps companies navigate a fast-changing climate policy landscape.

Key Points: 
  • Watershed , the leading enterprise climate platform, today announced former US Securities and Exchange Commission (SEC) Chair Mary Schapiro will join the Watershed Policy Advisory Board , a group of climate policy leaders offering strategic advice to Watershed as it helps companies navigate a fast-changing climate policy landscape.
  • “Climate risk is financial risk, and investors are hungry for consistent, transparent data on companies’ climate risks and opportunities,” said Mary Schapiro, former chair of the Securities and Exchange Commission and Watershed Policy Advisory Board member.
  • Schapiro is Vice Chair for Global Public Policy of Bloomberg and vice chair for the Glasgow Financial Alliance for Net Zero.
  • The Watershed Policy Advisory Board is chaired by Mark Carney, the former Governor of the Bank of England and founder of the Task Force on Climate-related Financial Disclosures (TCFD) and the Glasgow Financial Alliance for Net Zero (GFANZ), and includes the key architects of global climate policy at the SEC, TCFD, CDP, United Nations, and more.

Leading Venture Investors Form Global Alliance to Build Net Zero Businesses from Day Zero

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tisdag, april 25, 2023

SAN FRANCISCO, April 25, 2023 /PRNewswire/ -- The Venture Climate Alliance (VCA), an organization created by leading global venture capital firms to define, facilitate, and realize net zero-aligned pathways for early-stage investments, launched today with a goal to build a robust movement within the venture industry to combat climate change.

Key Points: 
  • SAN FRANCISCO, April 25, 2023 /PRNewswire/ -- The Venture Climate Alliance (VCA), an organization created by leading global venture capital firms to define, facilitate, and realize net zero-aligned pathways for early-stage investments, launched today with a goal to build a robust movement within the venture industry to combat climate change.
  • As one of the first institutional touchpoints between capital markets and early-stage innovation, venture capital investors have helped thousands of new companies from initial development to commercialization and scale.
  • In joining the VCA, member firms have committed to support the goal of achieving a global transition to net zero emissions.
  • The VCA has been approved by the Race to Zero under the leadership of the UN Climate Change High-Level Champions, and constitutes a new sector-specific alliance under the Glasgow Financial Alliance for Net Zero (GFANZ).

Agilent Announces NGS Assay for Comprehensive Genomic Profiling (CGP) for Advancing Precision Oncology

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torsdag, april 13, 2023

Agilent Technologies Inc. (NYSE: A) today announced the launch of the Agilent SureSelect Cancer CGP Assay designed for somatic variant profiling for a broad range of solid tumor types.

Key Points: 
  • Agilent Technologies Inc. (NYSE: A) today announced the launch of the Agilent SureSelect Cancer CGP Assay designed for somatic variant profiling for a broad range of solid tumor types.
  • The pan-cancer assay design is based on an NGS panel comprising 679 genes globally curated from leading cancer databases and in partnership with key clinical cancer researchers.
  • The assay workflow is efficient, automatable, and flexible, making tumor molecular profiling more accessible to the broad clinical research community.
  • We are proud to partner with clinical researchers and leading cancer centers, such as Glasgow Precision Oncology Laboratory,” added Allen.

U.S. Department of State, Bezos Earth Fund, and The Rockefeller Foundation Announce Winrock International as Crediting Body for Energy Transition Accelerator

Retrieved on: 
tisdag, april 11, 2023

WASHINGTON, April 11, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation today announced that Winrock International will develop and administer the carbon crediting standard to be employed by the Energy Transition Accelerator (ETA).

Key Points: 
  • WASHINGTON, April 11, 2023 /PRNewswire/ -- The U.S. Department of State, the Bezos Earth Fund, and The Rockefeller Foundation today announced that Winrock International will develop and administer the carbon crediting standard to be employed by the Energy Transition Accelerator (ETA).
  • The ETA is a joint initiative to catalyze private capital to accelerate the transition from fossil fuel to clean power in developing countries.
  • Annual clean energy investment must triple to $4.2 trillion by 2030 to keep a 1.5°C limit on warming within reach, according to the International Energy Agency.
  • The Department of State, the Bezos Earth Fund, and The Rockefeller Foundation are collaborating for the purpose of developing the ETA as an independent initiative.

Carbon Direct Capital Vice Chairwoman Nili Gilbert Named to Barron’s 2023 100 Most Influential Women in U.S. Finance

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måndag, mars 27, 2023

Carbon Direct Capital today announced that Vice Chairwoman Nili Gilbert has been named to the 4th annual Barron’s 100 Most Influential Women in U.S. Finance list.

Key Points: 
  • Carbon Direct Capital today announced that Vice Chairwoman Nili Gilbert has been named to the 4th annual Barron’s 100 Most Influential Women in U.S. Finance list.
  • The 2023 list honors the women disrupting today’s financial services industry and shaping its future through innovation and action.
  • “Throughout her career Nili has shown relentless commitment to scaling and mainstreaming sustainability practices in traditional business and finance.
  • In our shared work at Carbon Direct and Carbon Direct Capital we are doing just that – elevating carbon management into a global industry through investments, and supporting global businesses and institutions in every aspect of their decarbonization journeys,” said Jonathan Goldberg, founder and CEO of Carbon Direct.

EQS-News: ProCredit Group joins the Net-Zero Banking Alliance and commits to set near- and long-term emissions reductions with the Science Based Target initiative (SBTi) Net-Zero Standard

Retrieved on: 
söndag, januari 22, 2023

This industry-led, UN-convened alliance of banks worldwide is committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner.

Key Points: 
  • This industry-led, UN-convened alliance of banks worldwide is committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner.
  • This is in accordance with the most ambitious targets set in the Paris Climate Agreement.
  • Furthermore, the ProCredit group has committed to set its future near- and long-term emissions reductions in accordance with the Science Based Targets initiative (SBTi) Net-Zero Standard, as part of the Business Ambition for 1.5°C and UNFCCC Race to Zero campaign.
  • Therefore, we consider the Net-Zero Banking Alliance and the Science Based Targets initiative key counterparts to reaching this goal,” explains Hubert Spechtenhauser, Chair of the Management Board of ProCredit Holding.