Low angle view of modern skyscrapers in Midtown Manhattan.
Finance
Financing 1.5°C: The Big Banks have Set Climate Targets—Now What?
A lot has happened in the financial sector since RMI launched the Center for Climate-Aligned Finance (the Center) a year ago. Particularly in North America, banks increased their climate ambitions: As of June 2020, not one of the 10 largest private banks (by total assets) across the United States and Canada had made a 2050 net-zero commitment.
Banking on Green
In a pivotal year for sustainable development and climate action, world leaders would do well to turn to the proven solutions of the green bank model. The climate crisis may be felt more slowly than the overwhelming immediacy of the COVID crisis, but it involves similar challenges and potentially graver…
Financing 1.5°C: Climate Resolutions Gather Momentum
’Tis the season once again for annual general meetings, where shareholders have the opportunity to raise and vote on shareholder resolutions. Unsurprisingly, climate-related shareholder resolutions feature prominently for the second year in a row. This follows from last year’s annual general meetings (AGMs), where shareholders raised climate resolutions ranging…
Six Innovative Funding Methods to Achieve Climate Action and Equity in US Cities
Climate change and pollution disproportionately impact Black, Indigenous, Latino, and low-income communities. As cities increasingly recognize that climate action can deliver multiple benefits, they are finding innovative funding methods to simultaneously address inequity and climate.
Climate-Aligned Finance 101: What Is It, and Why Should You Care?
The global financial sector plays a crucial role in the net-zero transition. So, what does climate alignment actually mean for a financial institution?