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Seventh Meeting Of The UK Prudential Regulation Authority And UK Financial Conduct Authority's Joint Climate Financial Risk Forum

Seventh Meeting Of The UK Prudential Regulation Authority And UK Financial Conduct Authority's Joint Climate Financial Risk Forum
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UK FCA on Climate Change Website and MiFID Updates


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What does delivering a net zero investment portfolio actually entail?


What does delivering a net zero investment portfolio actually entail?
Jonathan Boyd
How difficult is it to achieve a net zero investment portfolio?
On the face of it, the trend is favourable. BlackRock s CEO Larry Fink has warned companies that they face increased scrutiny of their carbon-cutting plans and US president Joe Biden has outlined $2tr of commitments in support of climate action at a time when thousands of businesses and scores of national governments are unveiling net zero strategies. The EU is pushing ahead with its broader plans for a more sustainable finance sector, while it and other G20 members, including China, are already committed to bolstering financial stability in the face of escalating climate impacts, primarily through the widespread adoption of corporate climate risk reporting in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. ....

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The Developing Regulatory Approach To Climate Change And The Importance For Financial Services - Finance and Banking


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The 2015 United Nations climate change summit in Paris (COP21)
saw the first ever agreement under which virtually every country,
including the UK, pledged to constrain their greenhouse gas
emissions, with the aim of keeping average temperature increases
well below 2˚C above pre-industrial levels. Globally, there
has been an increasing recognition by central banks and financial
services regulators of the potential impact of climate change on
financial services markets and the important role that financial
services markets have on helping to combat climate change.
In the UK, the Government issued its 25 year Environment Plan in ....

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