senior fellow @WorldResources; finance lead @ScienceTargets; rock climber; all views are my own
Joined February 2013
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Nate Aden retweeted
The #SBTi is helping to shape the future of sustainable finance by developing three key resources that will collectively make up our upcoming Net-Zero Standard for Financial Institutions (FIs). What are they and how do they work together? (A thread🧵)
Today at COP27 the UN Secretary General presented a new report "Integrity Matters" establishing an ambitious standard for company and financial institution net zero targets 🔭
un.org/en/climatechange/high…
#COP27 #sbt #FossilFuels #accountability – at South Sinai, Egypt
Yesterday the US signed a sweeping and ambitious climate law for the first time in the country's history. It's far from perfect, but a huge step in the right direction.
Here's a 22-minute video explanation of what's in the new law and why it matters:
youtube.com/watch?v=qw5zzrOp…
Regulators have proposed new disclosure regulations that will advance private sector climate alignment. Here's the SBTi take:
sciencebasedtargets.org/blog…
Did you know that two-thirds of Danish companies (listed on the STOXX Europe Total Market Index) have SBTi-approved science-based targets?
sebgroup.com/siteassets/cisi…
#ScienceBasedTargets #NetZero #Finance #Capital4Climate #SBTi #exponentialgrowth #scaling #climateaction #Denmark
ALT This figure illustrates adoption of science-based targets among companies in Nordic countries.
What does net-zero actually mean for financial institutions?
Today we're starting the SBTi Financial Net-Zero Standard development process--you're invited to read the draft and provide feedback here: sciencebasedtargets.org/even…
#ScienceBasedTargets #climate #finance #cop26
Congratulations @eqt, @LaBanquePostale, & #KBFinancialGroup on your portfolio SBTs! These new #sciencebasedtargets represent a turning point for financial sector climate action.
Our blog provides context and more information: sciencebasedtargets.org/blog….
In October 2020 we developed target-setting methods and criteria for financial institutions.
Now, just a year later, we are excited to announce the first ever science-based targets for financial institutions! 🙌
@eqt #KBFinancialGroup @LaBanquePostale
bit.ly/3ACEerA
Nate Aden retweeted
Do you have questions about when countries plan to reach #NetZero emissions? See our new infographic below, which also shows which targets are in national laws or policies vs which are pledged. And for more on designing net-zero targets see: wri.org/insights/7-ways-spot… @WRIClimate
Financial institutions have been instrumental in all recent societal transformations--great to see banks stepping up on climate with the new Net-Zero Banking Alliance: unfccc.int/news/new-financia….
#sciencebasedtargets #ClimateAction #scope3 #financedemissions
Today @sciencetargets is releasing our draft company net-zero target setting criteria for public consultation. Got ideas? Your feedback and suggestions are welcomed at: sciencebasedtargets.org/net-…
As vaccines provide a light at the end of the tunnel for the pandemic, the chemicals sector also plays a central role in low-carbon transformation. Join our webinar tomorrow on sector boundaries with oil and gas, SBTs, & next steps: wri.zoom.us/webinar/register…. #ScienceBasedTargets
Today's new World Energy Outlook clearly shows that we need to go beyond new green capacity to address existing physical assets. Which financial institution will be first to step up with a new product that moves beyond divestment to transform existing assets?
#sciencebasedtargets
Today we were very fortunate to have opening remarks from Mark Carney, @gmunozabogabir, & @DCIvan on the launch of the SBTi Finance framework. A recording of the launch webinar is available at sciencebasedtargets.org/fina….
Now to work with peer initiative to get FIs to set SBTs!
Do you have ideas on how the chemicals sector can best align with low-carbon transformation? The Science Based Targets initiative survey (~30 questions) is open through this month and would welcome your input: surveymonkey.com/r/sbtichemi…
#ScienceBasedTargets #chemicals #Climate
How can financial institutions align with the Paris Climate Agreement?
I provide a quick overview of the SBTi-Finance approach in @IIF's new ESG webinar (less than 30 min): iif.com/Advocacy/Sustainable…
#ScienceBasedTargets #Finance #COVID19
In brighter news, a country has made all public transport (by train, tram, & bus) permanently free as of last weekend. Luxembourg may not be known as a global leader, but this would be a great policy for other countries and cities to follow.
euractiv.com/section/transpo…
Nate Aden retweeted
Building a climate-safe future requires all economic actors to work towards a shared vision.
Financial institutions are key. They can redirect capital towards sustainable solutions & catalyze system-wide change.
Learn more: bit.ly/39a3Lv7 #ScienceBasedTargets
Interested in the role of chemical companies in climate stabilization?
Join our SBT-Chemicals launch webinar this Thursday! Includes speakers from @IEA, @DSM, & @Guidehouse.
sciencebasedtargets.org/sbt_…
#sciencebasedtargets #SBT #chemicals #climate
Nate Aden retweeted
Join us on 4 Dec 2019 at @UN’s annual climate conference. We'll be releasing a new report which details the progress that's been made since the initial launch & important next steps for driving transformative #ClimateAction from the private sector. bit.ly/2XWfSHB #COP25
"The arc of the physical universe is short, and it bends towards heat."
Invoking Dr MLK, @billmckibben gave a rousing call to grassroots climate action today @ExplorersClub with @djspooky
