Study: Separate carbon removal budget needed to meet global climate goals
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.
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.
June 20th, Clean Air Day, an annual event to raise awareness about the importance of clean air for the environment, resonates with me. I should know: I live in a mega-city where the air pollution was once so bad, a government account tweeted it was “crazy bad”. By Calvin Queck.
Credible firm-level transition plans need credible national actions. As businesses set ambitious climate goals, it's clear that national policies play a crucial role in driving these efforts.
The theme of Earth Day 2024 was ‘Planet vs Plastics.’ Amani Maalouf and Jose Espi explain how their research on waste management and sustainable plastic impacts the global plastic crisis.
The UK’s Transition Plan Taskforce issues new disclosure guidance for companies. With comment from Ben Caldecott, Director of the Oxford Sustainable Finance Group, who co-heads the Taskforce.
ESG Investor & Regulation Asia highlight new analysis from INET and Smith School researchers which finds that the models used by banks produce a lower risk rating for high carbon than low carbon sectors - tilting the scales in favour of fossil fuels and holding back a fast, cost-effective energy transition in Europe.
The University of Oxford’s Greening Finance Prize, an annual prize established through a generous endowment provided by Insight Investment, has now opened for 2024 nominations. This year, the prize has a new category for Best Fixed Income Paper alongside awards for Outstanding Research and Service.
The University of Oxford has updated its flagship guidance for entities using carbon offsets, calling for a “major course-correction” to get the market on track, reports IPE. Oxford Sustainable Finance Group researcher Injy Johnstone commented: “the vast majority of current offsetting approaches are not getting us any closer to net zero emissions, and trust in the concept of ‘offsetting’ has been so badly damaged that some organisations are moving away from using the term at all."
Injy Johnstone and José Luis Reséndiz from the Oxford Sustainable Finance Group give a behind-the-scenes perspective on Article 6 of the Paris Agreement (carbon markets), shaped by first-hand insights from the negotiation rooms at COP28.
On 13-15 December P3S Academy at the University of Oxford held a training programme on Climate Risk and Sustainable Finance Development for the Bank of Thailand.