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IIGCC publishes climate scenario analysis guide
22 November 2018Investors who use scenario analysis will be better equipped to respond to early warning signs, such as a rising carbon price, and take more informed investment decisions as the low-carbon transition evolves.
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BP CEO sparks row as he attacks scenario planning and divestment
12 October 2018BP chief executive Bob Dudley attacked scenario analysis as "increasingly unhelpful" and "confusing for investors", while also criticising the fossil fuel divestment movement.
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Carney launches Climate Financial Risk Forum
28 September 2018The UK's Prudential Regulation Authority (PRA) is to step up its oversight of climate change after a survey revealed that only 10% of banks are treating the issue as a strategic risk.
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TCFD exceeds target of 500 supporters
26 September 2018A total of 513 organisations have now expressed support for the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), beating the secretariat's target of 500 by the end of this year.
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Investors offered tool to model low-carbon transition risk
08 June 2018A modelling tool to help investors and regulators assess how the transition to a low-carbon economy will impact the financial performance of infrastructure investments, has been launched by the ClimateWise Insurance Advisory Council.
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Could blockchain save the planet?
24 April 2018Cryptocurrencies, such as bitcoin, are notoriously energy-intensive. But the blockchain technology they rely on could give a boost to environmental markets, experts believe. Graham Cooper reports.
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TCFD targets 500 backers before autumn
19 April 2018The Task Force on Climate-related Financial Disclosures (TCFD) secretariat has set a goal for 500 companies to commit this year to implement the recommendations, and has the backing of the Governor of England, according to Bloomberg.
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EBRD working group to present TCFD physical risk guidance
19 April 2018A working group to advance the Task Force on Climate-related Financial Disclosure (TCFD)'s guidance on physical climate risk will present its findings next month.
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Natural catastrophes in 2017 hit insurers hard
10 April 2018Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.
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Banque de France calls for 'brown penalising factor'
09 April 2018The idea of raising capital requirements on assets with high sustainability risks, by means of a so-called 'brown penalising factor', has won support from François Villeroy de Galhau, governor of the Banque de France.