October is here, and with New York Climate Week behind us, the countdown to CBD COP16 and COP29 is well underway. We have a lot of ground to cover this month with a series of new resources, analyses, and guidance designed to support investors' strategies on everything from stewardship to tackling deforestation.? ??
Among the highlights, we have launched two new resources focusing on Net Zero Bondholder Stewardship. One explores the untapped potential of unlabelled debt, while the other offers guidance on engaging with labelled debt to influence real economy emissions reductions.??
Explainer: Why deforestation matters for investors and IIGCC’s new role with FSDA?
- Our CEO Stephanie Pfeifer penned a piece outlining our priorities for the Finance Sector Deforestation Action (FSDA), highlighting deforestation is not just a climate-nature issue but an investor one.?
- She argues that deforestation poses a major economic systemic risk with the capacity to destabilise global systems, including financial markets as a whole.?
- As of September 2024, IIGCC is now the Secretariat for the FSDA initiative, which brings together 30+ financial institutions.?
How the Draghi report on European competitiveness lines up with investor recommendations?
- Mario Draghi delivered his hotly anticipated report on the future of European competitiveness, setting out a vision for a “new industrial strategy”.????
- The former European Central Bank President and ex-Prime Minister of Italy identifies the transition to net zero as one of the central drivers of the EU's future economic growth.?
- IIGCC's Leo Donnachie deep dives into Draghi's recommendations and evaluates how they stack up against our investor-led policy recommendations to advance the EU’s climate goals.???
From concept to capital flows: The investor perspective on transition finance??
- Our latest position paper outlines investor perspectives on the concept of transition finance, how they can be distinguished, and what is needed to give confidence that an investment can credibly be understood as ‘transition finance’.?
- It also lists several examples of the different types of transition finance that investors have encountered and several classifications by which they might need to be distinguished.?
- The position paper reflects discussions held within IIGCC membership including a dedicated Transition Finance working group and an all-member consultation.?
Net Zero Bondholder Stewardship: The Potential for Unlabelled Debt?
- Corporate debt will be critical to transitioning investment portfolios, increasing investment in climate solutions and ultimately financing the net zero transition.???
- This discussion paper highlights the opportunities in unlabelled debt for fixed-income investors looking to align with the net zero transition and outlines best practice recommendations and case studies to pursue this goal.??
Net Zero Bondholder Stewardship: Engaging Labelled Debt Guidance?
- Our new guidance outlines ways investors can engage with issuers on labelled bonds to fulfil net zero commitments and decarbonise real-world emissions.??
- Labelled bonds provide investors with an opportunity to tie fresh capital to Paris-aligned climate targets and activities in line with their commitments to decarbonise real-world emissions.?
?? If you found this useful, find out more about how to join us to be the first to hear about new resources, guidance and investor support. Visit iigcc.org for more information.
