Net-Zero Data Public Utility (NZDPU)’s Post

In other words, these 90% of banks can use their financing power to actually support the net-zero transition, in words and in deeds. Sounds like a brilliant opportunity to create competitive advantage. #lateristoolate

BIS "#Climatechange and #greenFinance"- Climate change has wide ranging #economic and #financial implications. -This is why central banks and financial authorities worldwide are playing an active role in promoting the #transition towards a #sustainable #global #economy. The BIS supports these efforts through its own analytical work and #banking services, the projects of the #BISInnovationHub, and the activities of BIS committees and hosted associations. The BIS and its committees also participate in external forums, such as the Network of #CentralBanks and #Supervisors for Greening the Financial System (#NGFS) and the Sustainable #Insurance Forum (#SIF)." https://lnkd.in/eRu_BDri #SDGs #ESG #centralbanking #banking #Insurance

Analysis from Morningstar DBRS on European banking regulators' interest in banks playing a central role in the green transition: https://lnkd.in/enVuMTpm Read our latest #ESG commentary for coverage on European banks' central role to the EU's green transition, their climate-related risks, and the potential consequences for banks that remain noncompliant with their climate-related requirements. #FinancialInstitutions #Banking

Discover how central banks can safeguard our planet! A new report by WWF and the Sustainable Finance Lab urges financial leaders to address nature loss as a growing threat to global stability. #FinanceForNature #Biodiversity #SustainableEconomy #banking #news #finance #fintech https://lnkd.in/e-dipUzY

Is climate risk priced or not priced? Which in the world of finance defines the stakeholders who care. Check out the latest findings by the European Central Bank:

The Net-Zero Banking Alliance (NZBA) 2024 Progress Report published today shows that most NZBA banks are taking significant steps towards meeting their climate goals: https://lnkd.in/gUES6ipZ #myNordea

The Net-Zero Banking Alliance (NZBA) 2024 Progress Report published today shows that most NZBA banks are taking significant steps towards meeting their climate goals: https://lnkd.in/dsx7ZtZT #myNordea

The Net-Zero Banking Alliance (NZBA) 2024 Progress Report published today shows that most NZBA banks are taking significant steps towards meeting their climate goals: https://lnkd.in/geMHu7gq my#Nordea #myNordea

Are we witnessing a pivotal moment? 🤞 The European Central Bank (ECB) has found evidence that eurozone banks have started to price climate risk in their lending policies.🥂 ECB researchers said the data suggests that banks “appear to differentiate their lending rates based on their clients’ prospective carbon emissions, not just their current ones”. Prior to the study, they said, there was no consensus on this topic, with evidence being “far less clear-cut than that regarding the pricing of climate risk in bond and stock markets”. There were also contrasting views on whether financial sector net-zero commitments were “reliable”. Find the study here👇🏼