Tag: Climate change

In EnviroLine, S&P Global Ratings’ Nicole Martin talks Climate disclosure, credit ratings and Canada  

Writing for EnviroLine, Nicole Martin, Senior Director at S&P Global Ratings, argues that widespread, comprehensive, systematic disclosure can serve to support more consistent and transparent analysis of climate-related risks. In turn, this allows all stakeholders to better understand both the long- and short-term consequences of climate change for the financial markets. Read the full article …

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Writing for the CUSP Blog, S&P Global Ratings looks at green financing for mitigation and adaptation projects

Sustainable infrastructure is key to the low-carbon transition, argues Michael Wilkins, Head of Sustainable Finance at S&P Global Ratings in a blog contribution for the Centre for the Understanding of Sustainable Prosperity (CUSP). Infrastructure can both mitigate the effects of climate change and help protect communities from its effects. In both cases, this works to …

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S&P Global Ratings’ Jessica Williams discusses how both private and sovereign financing will help countries reach their Paris Climate Pledges in Energy World

Last year’s COP23 event focused on the need to accelerate climate change mitigation and adaptation efforts, and increase infrastructure resilience. But where will the money come from? Writing for the Energy Institute’s publication Energy World, S&P Global Ratings Analyst, Jessica Williams, discusses how enabling private sector finance will likely be critical for decarbonisation ambitions to …

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Commerzbank’s Ruediger Senft cited on sustainable trade finance in Global Trade Review

Global Trade Review has cited the head of corporate responsibility at Commerzbank, Ruediger Senft, on the impact of climate risk on global commerce. Senft explains that while trading companies and commodity producers face “real and urgent challenges”, they can “look to their banks for expertise on how to build resilient, future-proof supply chains”. He argues that “instead …

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Incentivising low-carbon infrastructure following COP23 – S&P Global Ratings writes for Responsible Investor

In the wake of COP23, climate change negotiations are already bringing repercussions on many energy and infrastructure sector assets: from enhanced resilience and low‐carbon transportation projects, to the conversion or shuttering of fossil fuel power plants. S&P Global Ratings – along with Norton Rose Fulbright – writes in Responsible Investor on how we can expect …

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S&P Global Ratings’ COP23 outlook covered by Sustainable City Network

After a year of multiple extreme weather events around the world, there was growing sense of urgency for action at COP23, particularly from the small island states and developing countries looking to focus more attention on climate change adaptation. As such, S&P Global Ratings’ produced a report “COP23: Two Degrees, With Separation” examining the nationally …

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“Paris Agreement climate pledges: Where will the money come from?” S&P Global Ratings’ report covered by the specialist press  

  The 2015 Paris Climate Agreement, so far ratified by 168 countries, formalises nations’ efforts to combat climate change. These targets, however, come with a significant price tag: the total implementation cost for countries that have submitted specific financial figures to meet their Nationally Determined Contributions (NDC) stands at about US$5.3 trillion. S&P Global Ratings’ …

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S&P Global Ratings’ report discussing new climate risk disclosures reaches specialist press

Following the latest U.N. Climate Change Summit (COP22) in Marrakesh, the Financial Stability Board’s (FSB) Task Force on Climate-Related Financial Disclosures (TCFD) released its much-anticipated climate-related financial risk recommendations. These recommendations aim to provide specific climate-related guidance for organisations in the financial and non-financial sectors, including: asset managers, asset owners, banks, insurance companies, energy, transportation, …

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S&P’s guest author Ben Caldecott discusses how asset level data could best assess climate risk in Business Green

In an interview with top environmental publication Business Green, guest author for S&P Global Ratings and the director of the Sustainable Finance Programme at the University of Oxford, Ben Caldecott, explains that an asset-specific approach to assessing a firms’ exposure to environmental risk may help improve transparency and accuracy. In the article, Caldecott argues that …

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How will Brexit impact the UK’s environmental policy? S&P Global findings covered by Environmental Finance and Business Green

In a new report from S&P Global Ratings, Michael Wilkins, Head of Global Environmental and Climate Research, explores the potential impact of Brexit on the UK’s environmental ambitions. He concludes that despite huge political and economic uncertainty, there are opportunities as well as risks on the cards. Covered in detail by top environmental publications Environmental …

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