RFI Newsletter Articles
Filter by topic
- ACMF 1
- AI 1
- ASEAN 3
- ASEAN Taxonomy 2
- Banking Supervision 1
- Biodiversity 2
- Blue Economy 3
- Blue Finance 1
- Blue Finance Challenge 1
- COP28 3
- Carbon Credits 1
- Central Asia 1
- Climate Disclosures 3
- Climate Mitigation 3
- Climate Risk 15
- Climate Scenario Analysis 2
- Climate Stress Test 3
- Climate risk 1
- Coal Phase-Out 1
- Credit Ratings 1
- ESG 6
- Emerging Markets 11
- Emissions Intensity 1
- Ethical Finance 1
- FinTech 3
- Financed Emissions 3
- Financed Emissions Data 6
- Financial Institutions 9
- Financial Mateirality 1
- GCC 2
- GHG Protocol 1
- GVI Hub 3
- Global Stocktake 1
- Green Bonds 3
- Greenwashing 2
- ISSB 1
- Institutional Investors 1
- Islamic Banking 3
- Islamic finance 2
- Just Transition 3
- MAS 1
- MENA 2
- MSMEs 1
- Maqasid 1
- NGFS 3
- Nature Risk 4
- Nature-Related Disclosures 2
- Net Zero 8
- OIC 6
- Paris Agreement 2
New Guidance On Nature Targets Will Increase Finance For The ‘Blue Economy’
New guidance from the Science Based Targets Network provides companies with a framework for assessing their impact on nature and helps them set nature-related targets
Nature risk impacts half of all global economic activity, and the blue economy where the RFI Foundation’s Blue Finance Challenge is focused, has been particularly challenging for financial institutions
As financial institutions increase their focus on nature risk – including risks related to the ‘blue economy’ – they will rely on technology to provide tools to measure, manage and disclose risks as well as to improve their ability to offer innovative solutions like ‘blue finance’
Nature-Related Disclosures Will Widen Data Gaps In The Financial Sector That Technology Will Be Critical In Filling
The Task Force on Nature-related Financial Disclosures is taking final feedback ahead of a September 2023 release
Financial institutions already challenged by climate-related risks & disclosures will face an added burden to incorporate nature risks
Technology will play an important role in understanding, measuring and disclosing nature risks, a key rationale for the RFI’s Blue Finance Challenge
Emerging Market Banks Are Highly Vulnerable To Nature Risk
Financial institutions in emerging & developing markets have 45-55% of their financing assets exposed to at least one ecosystem service risk
Nature risks are often linked with climate risks, which has raised regulatory concerns about their impact on financial stability risks, as well as microprudential risks that banks should consider
Because nature risks are so embedded throughout global supply chains, they may attract capital to mitigate the risks that have been more limited in response to climate change, and banks will need to understand the sources of their nature & climate risks
FinTech Startups Need A Responsible Finance Strategy To Help Avoid Pitfalls As They Navigate ESG
Bain & Company and EcoVadis, as well as IBM, each released research finding operational performance benefit for companies with strong ESG characteristics
Evidence is growing outside of large, listed companies, including private companies, that ESG has operational benefits, but also comes with several barriers to adoption including when companies become overwhelmed by a magnitude of issues and revert to a ‘compliance’ mindset
RFI’s Responsible Finance FinTech Program can help FinTechs who are being pushed to focus on ESG issues get started in the right direction to avoid ESG becoming a distraction, and rather to make sure they see benefits by doing well on the right ESG issues
Climate Disclosures Heighten The Risk To Companies That Aren’t Planning Financing For Their Transitions Today
High-emissions companies already face less appetite from banks to lend to them, according to a study by BIS researchers using data on Japanese banks
Greater regulation on climate disclosures, especially for companies in Islamic markets, is going to increase the scopes of emissions that impact bank evaluations of companies’ climate risks
Increasing physical risk outcomes that hurt banks’ financial strength will amplify the impact of more and better disclosures of emissions
The new ASEAN Taxonomy incorporates a ‘coal phase-out’ classification to support more transition finance
The second version of the ASEAN Taxonomy outlines the conceptual framework in more detail about how countries at widely varying levels of economic development can align taxonomies under a regional framework
The ‘coal phase-out’ plan is one of the most eagerly awaited in light of prominent initiatives like the Energy Transition Mechanism and Just Energy Transition Partnerships (JETPs) that progressed during Indonesia’s presidency of the G20
As ASEAN member states adopt their own taxonomies, the practical challenges for the financial sector to navigate diverse national taxonomies and align with the ASEAN Taxonomy will be a challenging element as the region makes investment in the climate transition