Financial institutions have used their climate commitments to tell the world where they want to go in the coming decades. But how will they get there?…
As spring comes to a close, so does the season of annual general meetings (AGMs). At these convenings, shareholders call for corporate changes by filing and voting on resolutions. In recent years, shareholder engagement…
Three Global Banks Jointly Tackle Aluminum Decarbonization Leading lenders to the global aluminum sector — Citi, ING, and Societe Generale — are working together with RMI to develop a climate-aligned finance framework to help reduce the…
2° Investing Initiative Transfers Stewardship of PACTA to RMI The 2° Investing Initiative (2DII) is transferring responsibility over the Paris Agreement Capital Transition Assessment (PACTA) to RMI. PACTA is an open-source climate tool for financial…
Accelerating the global financial sector's transition to climate alignment and the financing of a just, equitable, and secure net zero future.
Utilities are building gas-fired power plants today for a future that may not have a use for them, potentially leaving ratepayers paying for a plant long after it has closed.
In the wake of COP26 and a record-breaking year of climate commitments from the financial sector, there has never been greater attention on what financial institutions do next to translate their words into action.
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…
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…
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…