Climate Finance

New EU taxonomy aims for a rapid increase in sustainable investing
New EU taxonomy aims for a rapid increase in sustainable investing 1024 662 Mantle

Investor demand for sustainable investments is growing, but the exact definition of sustainable has traditionally relied on self-reporting or industry standards, creating confusion and a lack of traceability for investors. The new European Union taxonomy, released in early March, aims to assist investors and companies by providing a common language for sustainable activities. By providing…

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flooded path in Ottawa
Time for a bold response to our converging health and climate emergencies
Time for a bold response to our converging health and climate emergencies 1024 768 Mantle

The current COVID-19 health crisis portends a future with increased climate-related disruptions where multiple shocks occur causing significant impacts to systems and economies. This experience has highlighted resiliency gaps across businesses, governments and institutions. At the same time, seeing how the global community, businesses, and citizens have come together to mitigate a collective risk that…

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August 21, 2019 San Francisco / CA / USA - iShares by BlackRock headquarters in SOMA district; iShares is a family of ETFs managed by BlackRock is an American global investment management corporation
BlackRock’s climate warning needs to match their climate actions
BlackRock’s climate warning needs to match their climate actions 1024 683 Mantle

BlackRock CEO Larry Fink’s latest annual letter to CEOs “A Fundamental Reshaping of Finance” immediately made waves in the financial community and the media because of its urgent call for all companies to recognize and account for the risks of climate change. The letter said the failure to account for these risks would put billions…

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Investing in a climate-changed economy
Investing in a climate-changed economy 611 412 Mantle

The climate is changing, bringing risks to businesses. Companies are beginning to move beyond thinking of climate as a corporate social responsibility or a regulatory concern. Firms are starting to develop plans to manage climate risk and harness climate opportunities. There is a growing pool of sustainable finance capital being invested in companies that have…

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Top five takeaways from the PRI’s leading conference on sustainable finance
Top five takeaways from the PRI’s leading conference on sustainable finance 1024 682 Mantle

Last week, Mantle’s Joy Williams and Laura Zizzo attended, along with 1,700 participants, the annual PRI in Person conference: “Responsible investing in an age of urgent transition.” The Principles of Responsible Investing (PRI) is an investor initiative in partnership with the UNEP Finance Initiative and the UN Global Compact. PRI signatories pledge to implement six…

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New York Manhattan with Brooklyn Bridge and Brooklyn Bridge Park in the front.
What can companies take away from the NY State Common Fund’s Decarbonization Advisory Panel work?
What can companies take away from the NY State Common Fund’s Decarbonization Advisory Panel work? 1024 683 Mantle

The New York State Common Retirement Fund (Fund) the third largest pension plan in the United States, recently published their Climate Action Plan following the recommendations of their first ever Decarbonization Advisory Panel. The panel was charged with recommending how to prepare the $210 billion Fund to identify and manage the risks of a changing…

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To the Expert Panel on Sustainable Finance
To the Expert Panel on Sustainable Finance 1024 669 Mantle

Looking ahead for the long-term The work by the Expert Panel on Sustainable Finance was a welcome initiative by the federal government. Mantle (formerly Mantle) hopes that this initiative will be successful in transitioning Canada’s economy to one that is based on less carbon intensive assets and is more resilient to the impacts of climate…

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Finance
Finance Solutions for Climate Action Needed
Finance Solutions for Climate Action Needed 600 392 Mantle

One of the main obstacles to meaningful climate action is adequate capital backing. While government policies and incentives are crucial to drive climate initiatives, solutions require support from a broader stakeholder group. The financial sector has been called out as a crucial participant in solving the global climate crisis.  Pension funds, banks, insurance companies and…

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Federal Government Releases “Climate Lens” to Screen Investments and Build More Resilient Infrastructure
Federal Government Releases “Climate Lens” to Screen Investments and Build More Resilient Infrastructure 600 399 Mantle

On Friday, June 1st, the Minister of Infrastructure and Communities announced the launch of the Climate Lens, a tool that will help ensure the Government of Canada takes into account climate change considerations when assessing its future infrastructure investments. What is the Climate Lens? Under Investing in Canada, the federal government’s long-term infrastructure plan, “applicants seeking federal…

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Keep Calm and Disclose your Climate Change Risks
Keep Calm and Disclose your Climate Change Risks 600 400 Mantle

This Guest Post was Contributed by Mercedes Arango* In the last days, nine investment group leaders, including la Caisse de Dépôt et Placement du Québec (CDPQ), in partnership with UN Environment Finance Initiative (UNEP FI) created a workgroup to promote climate transparency in the financial markets, based on the recommendations of the Financial Stability Board’s (FSB)…

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