At this year’s Oxford Sustainable Finance Summit, a panel investigating the risks of climate litigation found these are increasingly factoring into assessing financial outlook for firms. 'Net Zero Investor' also reports on the role of insurance as corporates begin to battle over who should be liable for costs caused by physical damages.

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,”

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.