Citi’s Post

A very relevant and insightful conversation! Tune in below to see our very own Liz Curmi Head of Climate Finance and Energy Transition, discuss the recently published GPS on #hardtoabate sectors and #emissions with BNN Bloomberg. Watch here: https://on.citi/3XkKgeO

Our Chief Financial and Risk Officer Bart Wesselink, shared his thoughts with Energy Monitor around the role climate finance plays in the global energy transition. “A huge funding gap from global banks is evident, and though a huge amount of work is going on to galvanize action from banks at an international level, it falls to the private sector to close the gap.” Access the article here: https://lnkd.in/e67VYVz4 #ClimateFinance #Sustainability #TransitionFinance

Interesting article rom Energy Monitor on 'green capitalim' in which our Chief Financial and Risk Officer Bart Wesselink, shared his thoughts around the role climate finance plays in the global energy transition. “A huge funding gap from global banks is evident, and though a huge amount of work is going on to galvanize action from banks at an international level, it falls to the private sector to close the gap.” Access the article here: https://lnkd.in/gE38CUQ3 #ClimateFinance #Sustainability #TransitionFinance

Our Chief Financial and Risk Officer Bart Wesselink shared his thoughts with Energy Monitoraround the role climate finance plays in the global energy transition. “A huge funding gap from global banks is evident, and though a huge amount of work is going on to galvanize action from banks at an international level, it falls to the private sector to close the gap.” Access the article here: https://lnkd.in/eEY7xd2s #ClimateFinance #Sustainability #TransitionFinance

Useful and detailed information from Climate Bonds Initiative on how sustainable bond issuance looked during the 2023 fiscal year (note: this is the Q3 report). Featured in report: - Breakdown by label, including SLBs - Sovereign vs non-sovereign issuance #impactinvesting #sustainablefinance

Bart Wesselink, our Chief Financial and Risk Officer, recently discussed the importance of climate finance in the global energy transition with Energy Monitor. He highlighted the significant funding gap from global banks and emphasized the need for the private sector to step in and close this gap, despite ongoing efforts to encourage action from banks internationally. To read more about Bart's insights, check out the article here: https://lnkd.in/dkUh8xQ7 #ClimateFinance #Sustainability #TransitionFinance

We see European banks' retreat from fossil fuel lending accelerating as financial institutions increase their climate ambitions following last year's COP28 agreement and look to implement existing pledges to meet 2030 targets. Financiers from other jurisdictions, including North America and Asia, are less aggressive in their climate goals and will continue to provide capital, but there, too, existing pledges will result in tighter standards. Learn more >> https://bit.ly/49eiPa3 #energy #oilandgas #oilandgasfinance #energyfinance #capitalmarkets #lowcarbonpolicy #climatepolicy #corporatestrategy

🌍 In the face of multiple global crises, debt-for-climate swaps are widely discussed as an instrument to manage mounting public debts, climate change challenges and Covid-19 recovery. Join us at the COP 28 Nordic Pavilion where will be unpacking “Debt-for-climate swaps as a climate finance instrument: What Role Can the Nordic Countries Play in Alleviating the Burden of Debt in the Global South?” 📅 WHEN: Sunday, 3rd Dec 2023; 17:15-18:00 📍 WHERE: Zone B6, Building 75 📜 WHAT: The event features presentations on: An introduction to debt-for-climate swaps (Laila Darouich) Programmatic approaches to reform debt-for-climate swaps (Sejal Patel) Opportunities to deliver debt-for-climate swaps through mechanisms like LoCAL (Sophie De Coninck) 🗣️In a subsequent panel discussion and Q&A session moderated by Laila Darouich, the audience will have the chance to interact with the speakers to further explore opportunities to optimize debt-for-climate swaps. Stream here: https://lnkd.in/dG-PjW27   🏷️ #COP28UAE #debtforclimateswaps #climatefinance  

Unlock the power of the #CircularEconomy to achieve your #climate targets. This guidance helps banks and #NetZero committed financial institutions integrate circular economy principles into their climate transition plans. Download the report for practical steps to embed circularity into your lending and investment strategies and achieve your climate mitigation targets. Read more and download the report: https://ow.ly/PKco50SVNsk

NEW BRIEFING: Ahead of COP28 we discuss one of the most exciting and innovative areas of finance: debt-for-nature swaps (and debt conversions more generally). This is such an important topic at a time when many nations face unsustainable debt at the same time as unprecedented levels of funding to tackle climate and environmental challenges are badly needed. 🌿🐠🐬🐢🌎💧☀️ #Debt #sovereigndebt #ESG #debtfornature #climatechange #climatefinance