A new report shows that banks poured nearly $900 billion into financing coal, oil and gas projects in 2024. Dr Ben Caldecott commented: "Currently, far too much financing is provided to companies with no intention of ever decarbonizing, and with plans for new capex unmoored from the reality of the energy transition,”
Investments in the food sector face substantial economic and financial risks due to potential asset stranding, according to a new perspective published in Nature Food.
Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group, called for a global effort to establish a dedicated carbon removal budget to determine which CDR methods are feasible and how much emissions could be removed on a global scale to ensure that carbon removal supply is allocated fairly among countries, companies and financial institutions.
Professor Andreas Klasen and Noah Mihan write on how Export Credit Agencies can unleash huge sums of climate finance to developing countries - if they work together.
Reuters covers a recent Oxford Sustainable Finance Group report which found that the green energy transition continues at pace despite higher interest rates, and Brian O'Callaghan comments on green energy development trends in the USA.
Ben Caldecott, Director of the Oxford Sustainable Finance Group, comments on the exodus of Wall Street’s biggest firms from prominent climate groups.
Injy Johnstone comments on domestic energy security and the benefits of freeing households from reliance on gas.
Injy Johnstone, who closely followed the Article 6 negotiations on carbon markets at COP29, explains exactly what was negotiated, the outcomes, and what still remains to be done.
Dr Hassan Aftab Sheikh writes on the emergence of nature finance as a critical topic in global policy discussions.
As COP29 kicks off in Baku, Oxford Smith School academics will be on the ground contributing their insights and expertise to help ensure the negotiations are grounded in the latest science and research.