RMI Outlet
Climate Aligned Industries
Financing 1.5°C: Five Trends to Watch in Climate-Aligned Finance in 2022
When RMI launched the Center for Climate-Aligned Finance in 2020, the concept of climate-aligned finance was in its infancy. As we begin 2022, we look ahead to some of the major themes likely to emerge this year.
We Read a 130-Page Report on Climate Regulation So You Don’t Have To
In October 2021, the Financial Stability Oversight Council (FSOC)—an oversight body for federal financial regulators—chimed in on the climate conversation by way of a dense, 133-page report. The FSOC Report on Climate-Related Financial Risks examines how US regulators are already addressing climate-related financial risks, discusses ongoing challenges…
Private Financial Institutions Are Stepping in to Decarbonize Steel
Finance at COP, the UN climate change conference, used to be about public dollars. It was largely about rich countries pledging the elusive $100 billion in annual climate finance to developing countries—and about government ministers negotiating with government ministers. But at COP26, private finance made its presence felt…
Clearing the AIR: Introducing a Climate Alignment, Impact, and Risk Toolbox for Financial Institutions
A growing number of financial institutions have made net-zero commitments in the lead-up to COP26, the UN Climate Change Conference. On their own and through the various initiatives under the umbrella of the Glasgow Financial Alliance for Net Zero, these financial institutions are stepping up their climate ambition. Yet once they make pledges, financial institutions often struggle to navigate the plethora of tools, frameworks, and platforms designed to help measure and manage an institution’s environmental footprint and…
Demystifying Financial Mechanisms for the Global Coal Transition
Transitioning away from coal is one of this year’s biggest topics at COP26 in Glasgow, from more ambitious coal phaseout commitments by governments to Michael Bloomberg’s announcement of a new effort to close a quarter of the world’s coal plants. Alongside this ambition, we’ve seen the launch of…