Polly Bindman, Author at Retail Banker International

How to mobilise private finance for climate adaptation

Polly Bindman — Fri, 26 Jan 2024 17:53:42 +0000

Private finance investment in climate adaptation is sorely needed. However, it is vital that adaptation needs are treated as a collective problem to solve, rather than an opportunity to exploit.

“There is politics, and there is business; the reality is ESG is good business” – UNEP FI’s Eric Usher

Polly Bindman — Fri, 19 Jan 2024 10:46:11 +0000

Energy Monitor talks to Eric Usher, head of the UN Environment Programme Finance Initiative (UNEP FI), about the Glasgow Financial Alliance for Net Zero (GFANZ) and the next steps for financial institutions transitioning to net zero.

“17 hours” to save climate conference as UAE publishes new COP28 outcome

Polly Bindman — Tue, 12 Dec 2023 09:55:30 +0000

Latest draft of COP28 Global Stocktake dubbed “incoherent and dangerous” as language on fossil fuel phaseout is removed.

COP28 presidency hails “historic” victory as nations agree Loss and Damage Fund on day one

Polly Bindman — Fri, 01 Dec 2023 18:35:01 +0000

COP28 President Sultan Al Jaber hails the agreement as “historic”, as it is the first time a decision has been adopted on day one of any COP.

Leading with an invisible hand: what role will private finance play at COP28?

Polly Bindman — Thu, 30 Nov 2023 17:24:26 +0000

Energy Monitor walks you through what role private finance can be expected to play at COP28.

Shuffling deckchairs on the Titanic: is ESG a redundant concept?

Polly Bindman — Tue, 24 Oct 2023 09:45:12 +0000

Institutions across the globe have welcomed the ISSB’s much-anticipated inaugural global sustainability standards. However, some industry experts warn that too much focus on standardising data could distract from the urgent need to decarbonise.

Why climate stress tests are not fit for purpose

Polly Bindman — Thu, 27 Jul 2023 10:38:28 +0000

Scenarios used by central banks to conduct climate-risk stress tests have been criticised as not fit for purpose because they fail to account for severe economic shocks caused by climate “tipping points”.

Will antitrust concerns be the death knell for insurers’ net-zero commitments?

Polly Bindman — Fri, 26 May 2023 06:03:00 +0000

Insurers with climate commitments have found themselves at the centre of a heavily politicised debate over whether coordinated climate action contravenes antitrust laws, leading three major insurers to exit the Net-Zero Insurance Alliance this week.

Why ESG funds are full of fossil fuels (but that’s okay)

Polly Bindman — Thu, 04 May 2023 06:20:22 +0000

Polly Bindman notes that most US ESG funds contain exposure to fossil fuels. However, that might not be such a bad thing.

How climate denial became the anti-ESG movement

Polly Bindman — Tue, 25 Apr 2023 16:26:00 +0000

Vanguard’s recent exit from the Net Zero Asset Managers initiative is more evidence that US Republicans’ anti-ESG movement is having a chilling effect on investors. However, just how far the reactionary movement could hinder the energy transition is unclear.