Principles for Climate Related Financial Risk Management for Large Financial Institutions – Federal Reserve Recommendations
Climate Advisers recently came out with strong support for efforts by the Federal Reserve (the Fed) to draft principles that would provide a high-level framework to guide financial institutions in managing exposure to climate-related financial risks. DOWNLOAD COMMENT LETTER Since deforestation both generates greenhouse gas emissions in the current year and reduces carbon storage capacity […]
Estimating the Impact of the Energy Transition Accelerator
In November 2022, U.S. Special Presidential Envoy for Climate Change John Kerry, the Rockefeller Foundation, and the Bezos Earth Fund announced plans to create the Energy Transition Accelerator (ETA). The ETA is aimed at catalyzing private capital to accelerate the clean energy transition in developing countries. DOWNLOAD BRIEF With support from the Rockefeller Foundation, Climate […]
Climate-Related Financial Risks of Deforestation in Commodities – CFTC Recommendations
Climate Advisers recently came out with strong support for efforts by the Commodity Futures Trading Commission (CFTC) to expand its “capacities to define, identify, measure, monitor, assess, and report on climate-related financial risks and their effects on financial stability,” as recommended by the 2021 Financial Stability Oversight Council report. READ COMMENT LETTER This is particularly […]
Why Disclosure of Emissions from Deforestation Protects Investors
Emissions from deforestation are increasingly being seen as a material risk for investors. This isn’t only because the emissions released by deforestation drive climate change, threatening global economic stability and the lives of millions. It is because society’s reactions to climate change, known as climate transitions, will impact a wide range of holdings investors may […]
Deforestation’s Role in Financial Disclosures
Climate Advisers recently submitted a comment letter to the International Sustainability Standards Board (ISSB) in response to its efforts to establish a global baseline of climate-related financial disclosures. DOWNLOAD COMMENT Disclosures on climate-related financial risks are key to providing investors and markets with the information needed to make decisions on the financial risks driven by […]
Climate Advisers’ S.E.C. Comment on Climate Transparency – Recommendations to Protect Investors
The U.S. Security and Exchange Commission’s (SEC) proposed rules for expanded climate transparency is a strong step forward in ensuring greater transparency of climate-related financial risks. The alignment between the proposed ruling and widely accepted frameworks like the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD) and the Greenhouse Gas (GHG) Protocol would provide […]
Why Supply Chain Emission Disclosure Is Necessary for Investors
Climate Advisers latest policy brief looks at the new U.S. Securities and Exchange Commission’s proposed climate emissions disclosure rules and how some corporations may not be required to disclose up to 90-83 percent of their estimated total emissions. The potential gap in disclosure is particularly acute for companies that rely on the global forest, food, […]
Tackling Deforestation and Protecting Investors: Material Financial Risks From Tropical Commodities
The US imported $618 billion in tropical commodities in 2020 ($76 billion in tropical agricultural commodities). Here’s why that matters as the Securities and Exchange Commission (SEC) deliberates on climate-related financial disclosures. In anticipation of the SEC releasing new proposals for regulating climate-related financial risks, Climate Advisers has published a report on the risks to […]
Climate-Related Forest, Food, and Land Risks Threaten US Financial Stability
With 40% of US GDP exposed to climate-related risks from the land use sector, this report analyzes the source of these risks and shares recommendations for the federal government to protect US financial stability. In the US, 40 percent of GDP is generated from sectors directly exposed to tropical forest, food, and land risk, but […]
Deforestation Risks and German Financial Institutions
Meeting the goals of the Paris Agreement will require transformations in every sector of the global economy. Commodity producers and traders are in the spotlight due to their direct links to activities causing deforestation which drives climate-changing emissions. High-profile investors are increasingly pushing for action on deforestation from both companies and governments. However, deforestation risk […]
