Alastair Marsh

When the board of #SBTi said corporates could use carbon credits to offset Scope 3 emissions, the group’s own communications team thought the website had been hacked and temporarily took the statement down! 😂 https://t.co/uj8odcc0Wg via @climate

Climate scoop: US financial regulators led by the Federal Reserve have been working for months to thwart a push to make climate risk a focus of global financial regulation @business @climate https://t.co/HZZIhYb68D

RT @sarahsholder: in which @AlastairJMarsh tells me: "Banks gonna bank." our episode, on the finance sector's struggles to live up to thei…

If the world is on course for 2.8C of warming, is it fair, or even realistic, to expect banks to align their loan books and financing activities with 1.5C? That’s the question a frustrated UBS banker put to regulators: https://t.co/BqFgawacS8 for @business with @ntashawhite

Scoop: UBS is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank will tackle climate change: https://t.co/DcwUVgTLlA @climate @business

In the $1.5 trillion market for sustainability-linked loans, corporate clients are starting to walk away. https://t.co/mNLKPo5kLH With @greg_ritchie for @business

A hedge fund manager’s guide to dealing with GOP attacks on ESG https://t.co/hCKPiXC9Cf via @climate

For investors struggling to get a clear read on how banks are delivering on their net-zero pledges, changes to climate scenarios made necessary by shifting realities may further complicate the picture. https://t.co/dhwd5XkWfC @climate

The UAE has agreed to retain a smaller portion of the profits generated by the $30 billion Alterra venture ( which has partnered with BlackRock, TPG and Brookfield) in an effort to lure more private money into climate finance deals. https://t.co/RAbSWQy6Hn @climate

Among the many players anticipating a huge scale up of the voluntary carbon market: Wall St. banks. https://t.co/b6D4BtIONj via @climate #vcm

So, this happened today: https://t.co/TPQGbr3Ql8 @climate

The curious maths underpinning financed emissions metrics is such that banks can report a reduction in their CO2 numbers without actually having reduced lending to carbon-intensive clients or having helped/persuaded those clients to decarbonize. https://t.co/tf73nxsspc @climate

Buyer beware: this bond fund comes with 3.7C of warming: https://t.co/UgIQ4j0kAx @climate

Don't forget the miners, says BlackRock: “If you’re focused on sustainability, if you’re focused on the energy transition, don’t overlook this area. There’s a huge value opportunity.” https://t.co/eUlc31Hhnw

"If Kariba shuts down... This would render meaningless the already-shaky claims corporations have made based on these credits." https://t.co/GCVK6JkAO9 @climate

Larry Fink is leading the procession of finance CEOs back to COP: https://t.co/dMgHTgbIdV for @climate #COP28

The bankers are coming back to COP: https://t.co/2QXVHHCsQG @climate #COP28