The inaugural ENDS Power List includes Dr Ben Caldecott, Director of the Oxford Sustainable Finance Group as one of the 100 UK environmental professionals who have made the greatest impact in the past two years.
The UK plans to allow some natural gas projects to be labeled as sustainable in its green investment rulebook due to be published later this year.
“Natural gas is not ‘green’ and its inclusion in the EU green taxonomy has completely discredited it,” said Dr Ben Caldecott. “We can have a robust, science-based green taxonomy that is adopted worldwide because it is trusted by the market, thereby supporting UK leadership in green finance, or we can end up with something that is irrelevant..."
Bank of America pledges £1.2m to the University of Oxford to support ground-breaking greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment.
Dr Ben Caldecott and Professor Nathalie Seddon have been appointed to the Adaptation Committee of the U.K.’s Climate Change Committee, an independent, statutory body established under the Climate Change Act 2008 to advise U.K. policy makers.
The data used in the analysis of sustainability-related factors has much room for improvement. Data quality affects our ability to understand exposures to different climate and environmental risk factors and how these change over time, the contributions to positive and negative externalities, and the vulnerabilities facing investments.
Christian Wilson and Dr Ben Caldecott explain the need for financial institutions to rapidly end fossil fuel expansion in light of the International Energy Agency's Net Zero Emissions by 2050 Scenario. Russia’s illegal war against Ukraine makes this transition more urgent, because it will reduce
The Oxford Sustainable Finance Group (OxSFG) recently launched an independent assessment of data quality within sustainable finance, dubbed the Sectoral Data Quality and Integrity Project. OxSFG believe that providing clear sector-specific guidance on data quality and characteristics will help improve and align the datasets that underpin different reporting and analytical frameworks.
Canada started taking orders for its inaugural green bond amid a renewed global push to reduce dependence on fossil fuels after the Russian invasion of Ukraine brought reliance on non-renewable sources of energy back into the spotlight.
The IKEA Foundation is supporting, with a grant of £4.5 million over three years, four key University of Oxford Sustainable Finance Group projects, aimed at making a significant contribution to aligning finance and the financial system with the goals of the Paris Agreement.
US$150 billion per year. That's the expected additional loss that the financial sector could face when climate action by companies is delayed, according to the launch report of a joint initiative by the Oxford Sustainable Finance Group at the University of Oxford and the non-profit think tank 2° Investing Initiative.