Glasgow Financial Alliance for Net Zero (GFANZ)

‘Index Guidance to Support Real-Economy Decarbonisation’ was developed by the Glasgow Financial Alliance for Net Zero (GFANZ) index investment workstream and is co-led by Legal & General Investment Management (LGIM), PKA, and SGX Group. Today, the majority of indices often do not directly support real-economy decarbonisation because: 1️⃣ they do not recognise companies’ climate strategies  2️⃣ their design excludes heavy emitting industries 3️⃣ they require year-on-year emissions reduction that is hard for companies to deliver This report outlines potential guidance index participants (index providers, data providers, stock exchanges, asset owners, asset managers and other investors) may take to voluntarily and independently develop and adopt indices that support real-economy decarbonisation. After checking out the report (https://lnkd.in/eG-QtqUR), we’d love your feedback via quick survey, which you can take here: https://lnkd.in/eJi_EPfa The survey closes January 9, 2025. We look forward to hearing from you!

Have you thought about nature-related climate mitigation opportunities in your portfolios?  They are not just credits anymore! You can read more about identifying nature sinks and sources in our recent report: https://lnkd.in/eV_a_PAb After reading, take a few minutes to fill out the survey: https://lnkd.in/eWfcD_VF The survey closes January 27, 2025. We look forward to hearing from you!

some fantastic roles in the Glasgow Financial Alliance for Net Zero (GFANZ) secretariat supporting my colleagues Randi Kristiansen and Alice Carr on our JETP and public policy work Please share with people in your networks who share our passion for mobilizing private finance for climate - and get in touch if questions! JETP Strategy Lead: https://lnkd.in/etbkTAgF JETP Associate: https://lnkd.in/e7pw7mZ4 Senior Net Zero Transition Policy Lead: https://lnkd.in/ecRJDygF Chief of Staff for GFANZ Public Policy: https://lnkd.in/eppPNGWj

Our newest Index report, ‘Index Guidance to Support Real-Economy Decarbonisation’ (https://lnkd.in/eG-QtqUR), outlines potential guidance index participants may take to voluntarily and independently develop and adopt indices that support real-economy decarbonisation. Want to inform the final paper, which will be released in Q1 2025? Take this brief survey today: https://lnkd.in/eJi_EPfa

Financial institutions, including asset managers and index providers, can significantly influence the net-zero transition by incorporating climate risk into their investment strategies. Check out the executive summary of our latest consultation, Index Guidance to Support Real-Economy Decarbonization, for insight into how “transition-informed” indices can offer a way to align financial investments with real-economy decarbonization and support companies at various stages of climate action. After reading, take a few minutes to fill out the survey: https://lnkd.in/eeqnhRWG The survey closes January 9, 2025. We look forward to hearing from you!

We want to hear from you! Give us your feedback on the recently launched Nature in NZTP consultation paper (https://lnkd.in/eV_a_PAb) on integrating nature into net-zero transition plans for the purpose of achieving net-zero commitments. It’s easy to participate. 1️⃣ First, read through the consultation 2️⃣ Then, take a few minutes to fill out the survey: https://lnkd.in/eWfcD_VF That’s it! The survey closes January 27, 2025. We look forward to hearing from you!

Don't miss Simon Thompson and our friends at the Global Capacity Building Coalition (GCBC) at next week's Climate Finance Capacity Building forum! Click here to attend: https://lnkd.in/gTfykUP7

Climate change is both a significant challenge and a sustainable development opportunity for African countries, including Kenya. To that end, on Tuesday, 26 November, Glasgow Financial Alliance for Net Zero (GFANZ) Africa held, in collaboration with the African Development Bank Group, FSD Africa, Kenya Bankers Association, International Sustainability Standards Board (ISSB), and United Nations Environment Programme Finance Initiative (UNEP FI) a roundtable with senior leaders of Kenyan financial institutions to introduce GFANZ Africa’s initiatives and strengthen the capacity of Kenya’s financial sector for advancing climate resilience and transition finance strategies. GFANZ and those same collaborators also held, on Wednesday, 27 November, a technical workshop on practical strategies and frameworks to integrate climate and net-zero into Kenyan financial institutions’ strategies including but not limited to the United Nations Environment Programme Finance Initiative (UNEP FI)’s Climate Mitigation Journey transition framework, sustainability related-disclosures to unlock capital flow via IFRS Foundation, and transition plans through GFANZ’s framework. Thanks to all of our event collaborators and participants, including, Dylan Hauser, Diana Chepng'eno Rono Wainaina, Evans Osano, Elizabeth Irungu, CFA, Kellen Kariuki, Mark Napier, Mahmoud Mohieldin, Mohamed Farid Saleh, Manuel Moses, Mary M. Njuguna, Nuran Ashraf Atef, Rajiv Garg, Raimond Molenje, Simon Messenger, Timothy Afful-Koomson, PhD, and Ugas Sheikh-Mohamed, among others.

Our latest Index report, ‘Index Guidance to Support Real-Economy Decarbonisation’ (https://lnkd.in/eG-QtqUR), outlines potential guidance index participants may take to voluntarily and independently develop and adopt indices that support real-economy decarbonisation. Want to inform the final paper, which will be released in Q1 2025? Take this brief survey: https://lnkd.in/eJi_EPfa

Don't miss Glasgow Financial Alliance for Net Zero (GFANZ) Co-Chair Mark Carney at the upcoming Sustainable Finance Forum in Ottawa this week. 👉 Register here: https://lnkd.in/gHYa_V-J