Glasgow Financial Alliance for Net Zero
Insights
Recommendations and Guidance on Financial Institution Net-zero Transition Plans
Calling for a High Ambition Path to Net-Zero
Statement by Mark Carney, (UN Special Envoy for Climate Action and Finance), Günther Thallinger, (Chair, UN-convened Net Zero Asset Owner Alliance), Bill Winters (Group CEO, Standard Chartered), Tim Adams (President and CEO, Institute of International Finance), Annette Nazareth (Senior Counsel at Davis Polk and former Commissioner of the U.S. SEC), and Lord Nicholas Stern (Chair of the Grantham Research Institute on Climate Change, LSE) on Scaling Voluntary Carbon Markets.
Measuring Portfolio Alignment: Driving Enhancement, Convergence, and Adoption
This publication provides a practitioner perspective for measuring the alignment of investment, lending, and underwriting activities with the goals of the Paris Agreement and critical 2050 global net-zero objectives. Practitioner-useful use cases and case studies outline how portfolio alignment methods and metrics are used today.
The Managed Phaseout of High-emitting Assets
This publication provides a preliminary and high-level approach to support the identification of assets where managed phaseout could be appropriate, offers an initial overview of potential financial mechanisms that could support managed phaseout, and includes initial guidance on the features of a credible asset-level phaseout plan.
Call to Action: One Year On
This publication revisits the five policy levers of the 2021 Call to Action to draw out how they can support government transition planning, highlighting the approaches being explored by financial institutions, and sharing a view of lessons learned.
Actions to Mobilize Capital to Emerging Markets & Developing Economies
This publication reiterates that GFANZ will continue to work with stakeholders to create the right conditions for increased investment in support of global net-zero transition. It outlines the progress that GFANZ has driven in critical areas such as data and transparency, support for EM&DE transition, and investment.
Asia-Pacific Case Studies on Components of Financial Institution Net-zero Transition Plans
This supplementary report to Recommendations and Guidance on Financial Institution Net-zero Transition Plans (2022),” collates 12 case studies from GFANZ APAC members and features components of transition plans, with the hope that sharing regional practices and context to the framework’s themes and components provides value to the financial community.
GFANZ 2022 Progress Report
This report details the progress GFANZ has made in 2022 under our program of work to support financial institutions in operationalizing their net-zero commitments, accelerating capital mobilization to EM&DEs, and advocating for credible policies and standards to enable net-zero transition across the globe.
GFANZ 2023 Progress Report
This report details the progress GFANZ has made in 2023 under our program of work to support financial institutions in operationalizing their net-zero commitments, accelerating capital mobilization to EM&DEs, and advocating for credible policies and standards to enable net-zero transition across the globe.
RMI’s Metrics and Mechanisms to Finance a Managed Coal Phaseout
RMI’s Center for Climate-Aligned Finance has created two working papers for private FI involvement financing the managed phaseout of coal power. These papers were prepared at the request of the Glasgow Financial Alliance for Net Zero (GFANZ) and lay out guidance on metrics and targets and financial mechanisms.
Mark Carney’s Lecture at L’INSTITUT DE FRANCE, Académie des Sciences Morales et Politiques
GFANZ Co-Chair Mark Carney addresses Académie des Sciences Morales et Politiques on the subject of global governance of the environment on March 13, 2023.