Gireesh Shrimali and Ben Caldecott comment on transition finance and green transition plans. 

IFA Magazine covers the annual Greening Finance Prize, established through a generous endowment by Insight Investment. The 2024 winners are Emmanuel Faber, Chair of the International Sustainability Standards Board and formerly the Chair and Chief Executive Officer of Danone, and Professor Rob Bauer, Professor of Finance (Chair of Institutional Investors) at Maastricht University.

The winners of the ‘Insight Investment – University of Oxford Prize for Greening Finance’, the preeminent prize for this important area of research and practice, have been announced for 2024. The prizes, for Outstanding Service and Outstanding Research, recognise research and service that helps society better understand how environmental change influences finance and investment, and how economic and financial systems can contribute to achieving global environmental sustainability. 

In this commentary for Responsible Investor, Ben Caldecott writes that introducing legal requirements for companies to achieve net zero could dramatically accelerate climate action, and explores the crucial role of financial institutions. 

Ben Caldecott, founding Director of the Oxford Sustainable Finance Group and the Lombard Odier
Associate Professor of Sustainable Finance, explores the 'necessary and inevitable' transition from voluntary to mandatory climate commitments in this op-ed for Business Green. 

Ben Caldecott talks to BBC Farming Today about the diversity of schemes to pay for environmental outcomes such as nature recovery in the UK, including the challenges of making sure these work as expected. 

Ethical Corporation Magazine, a part of Thomson Reuters, explores rapidly growing concern over stranded assets (where investment assets become liabilities) for the agricultural industry. 

Ben Caldecott and Injy Johnstone make the case for a separate carbon removal budget alongside emissions budget in order to help meet global climate goals.