ClimateStrategy

State Street Faces Setback as Danish Pension Fund Cancels Climate Strategy Mandate

3 months ago

In a significant move impacting global asset management, State Street Global Advisors has lost a pivotal mandate from Denmark's largest pension fund, PensionDanmark. This decision comes closely on the heels of a comprehensive review of the firm's climate strategy, highlighting a growing scrutiny on investment practices surrounding climate change and sustainability.

UK's Bold Carbon Capture Strategy Faces High-Risk Scrutiny From Lawmakers

3 months ago

The United Kingdom's ambitious strategy to implement carbon capture technology is encountering significant criticism from lawmakers who label the initiative as "high-risk." The government's plan aims to reduce greenhouse gas emissions drastically, targeting net-zero by the year 2050. However, many members of Parliament are concerned about the over-reliance on unproven technology and the potential economic implications.

Incorporating Investor Engagement into National Climate Strategies: A New Approach

7 months ago

The conversation around climate change is evolving, with new strategies emerging to increase investor participation in national climate agendas. A recent article discusses how countries can effectively integrate the interests and capital of investors into their climate strategies, which is crucial for financing the urgent transition to a sustainable future.

Germany's Social Democrats Consider EV Subsidies as Part of 2025 Strategic Framework

7 months ago

In a significant move that could redefine Germany's approach to electric vehicles (EVs), the Social Democratic Party (SPD) is currently deliberating the incorporation of subsidies for electric cars into their broader 2025 political strategy. This initiative comes at a time when the country is grappling with the challenges posed by an evolving automotive market and increased climate awareness among voters.