Welcome to David Carlin’s monthly newsletter brought to you by Cambium Global Solutions!
The sustainable finance space continues to move rapidly, and the Cambium team is here to keep you on top of it. Below find some pieces on the Fed’s scenario exercise, the applications of earth observation and AI, a new legal precedent for climate responsiblity, and more.
What’s in here?
News Summaries and Analysis: The latest stories, reports, and regulations
Technology Spotlight: Exploring a transition technology and the challenges and potential it presents
Investment Insights: Practical insights covering different elements of sustainable investing
Regulation in Focus: A deep dive into a particular regulation or policy and its implications for financial actors
Report Round-up: Capturing key takeaways of a major report presented in an easy-to-follow video and supported with slides
Infographic of the Month: A visualization that powerfully captures important aspects of sustainable finance, environmental science, regulation or policy
Top News and Developments
The G7 announces plans to phase out unabated coal- read our summary and analysis here
The Basel Committee on Banking Supervision (BCBS) updates its risk management guidance - read our summary and analysis here
How climate change and nature loss are already reducing future incomes and having far bigger economic effects than commonly understood read our summary and analysis here
The world has made progress on a plastic pollution reduction treaty with implications for numerous sectors - read our summary and analysis here
Technology Spotlight: Earth Observation and Artificial Intelligence
These powerful new technologies are creating opportunities for climate adaptation, mitigation, resource use, and nature conservation. Explore some of their most impactful use cases with specific examples.- read our full analysis here
Regulation in Focus: A Legal Game Changer on Climate
A new judgment from the European Court of Human Rights (ECHR) against Switzerland may set a precedent for climate-related cases. The court found that the nation must do more to limit climate change and was responsible for the violations in rights that come with a degraded climate.-read our full analysis here
Report Roundup: The Fed’s Climate Scenario Pilot
Our summary explores the main takeaways and results from the US Fed’s first climate scenario pilot exercise. Six of the largest US banks were asked to assess physical and transition risks in the exercise for corporate loans and commercial real estate. We explore the main learnings and what might be next for supervision in the US.- check out the key messages and view our summary slides.
Infographic of the Month: ISSB-ESRS framework comparison
We provide an accessible Excel file cataloguing the ISSB to ESRS mapping based on the recent publication by the ISSB. This work offers a handy user guide to those looking to compare the two frameworks.-