Tag: sustainable finance

Closing the credibility gap: Aligning corporate near-term actions with long-term net-zero targets

by Kern Fastrup, OECD Environment Directorate Record-breaking temperatures and frequent climate disasters have become a new unsettling reality, causing billion-dollar losses and reversing global development. In response, corporates are stepping up action on climate change. Although still not ubiquitous, net-zero commitments are rapidly becoming… Continue Reading “Closing the credibility gap: Aligning corporate near-term actions with long-term net-zero targets”

Solving global environmental emergencies: are financial actors playing their part?

by Valentina Bellesi and Hugh Miller, OECD Environment Directorate After a summer of record-breaking temperatures, droughts, wildfires and floods causing devastation across the globe, the need to rapidly scale-up finance and investment to support a low-emission and climate-resilient transition could not be more apparent.… Continue Reading “Solving global environmental emergencies: are financial actors playing their part?”

Climate resilience is essential for a sustainable financial system

By Michael Mullan, OECD Environment Directorate At the start of the 2000s, consumers were surprised to discover that some of their “beef” lasagne was instead made out of horsemeat. Several years later, the global financial system was brought to its knees by the discovery… Continue Reading “Climate resilience is essential for a sustainable financial system”

La résilience climatique est indispensable à un système de financement durable

De Michael Mullan, Direction de l’environnement de l’OCDE Au début des années 2000, les consommateurs ont eu la surprise de découvrir que leurs lasagnes “au boeuf” étaient parfois faites avec de la viande de cheval. Des années après, le système financier global s’est retrouvé… Continue Reading “La résilience climatique est indispensable à un système de financement durable”

TEG it easy : The landmark EU Sustainable Taxonomy takes shape

By Mireille Martini, Policy Analyst, Green Finance and Investment, OECD Environment Directorate On 12 March 2020, the European Commission released the final reports of the Technical Expert Group (TEG) on Sustainable Finance, including the final reports on the EU Sustainable Taxonomy. The OECD has… Continue Reading “TEG it easy : The landmark EU Sustainable Taxonomy takes shape”