RMI Outlet
Climate Alignment
Financing 1.5°C: How Canadian Banks Are Approaching Climate Alignment
If Canada’s influential “Big Six” banks are any indicator, climate ambition among the Canadian financial sector is rapidly evolving—following similar trends in the United States and, before that, in Europe. Between TD Bank Group, Royal Bank of Canada, Scotiabank, Bank of Montreal, Canadian Imperial Bank of Commerce, and National Bank…
The Map Is Not the Territory: New Routes to a 1.5°C Future
Explorers use maps intensively, but they take the information recorded in the charts they use with a few grains of salt, knowing that the map is not the territory. After all, sometimes maps present a consensus view of reality that is disastrously wrong. For more than 100 years, beginning…
JPMorgan Chase Commits to Climate-Aligned Finance
Rocky Mountain Institute (RMI) commends JPMorgan Chase for announcing today that it will shape its core business to align with the Paris Agreement on climate change.
There Is No Business as Usual: Decarbonizing Industry Must Start Now
We know that a higher-than-1.5°C pathway will result in severe natural disasters, including flooding, rising sea levels, hurricanes, drought, and lethal temperature exposures. The increasing regularity of these extreme climate events will create drastic stresses on food and water supply, with ripple effects including hunger, market disruption, increased migration, and…
Tackling Industrial Emissions Through Climate Alignment
To make fundamental breakthroughs in addressing the causes of climate change, we need to dramatically shift the way we think and act on climate. To date, the world has primarily—and understandably—tackled the issue as a project of nations, leaving countries to formulate their action plans in silos, sometimes even in…