imported>Doug Williamson |
imported>Doug Williamson |
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| ''Environmental risk management - COP26.'' | | ''Regulation and law.'' |
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| The COP26 Private Finance Hub, led by Mark Carney, has been established to build a system that mobilises private finance to support the re-engineering of economies for net zero carbon emissions.
| | Laws that discourage monopoly and restrictive practices and so encourage fair and greater competition. |
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| The objective for the private finance work for COP26 is to ensure that every professional financial decision takes climate change into account.
| | Also known as 'antitrust' law, particularly in North America. |
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| The tools it aims to apply include reporting, risk management, returns and mobilisation.
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| * Reporting means improving the quantity, quality and comparability of climate related disclosures by implementing a common framework built on the Financial Stability Board's Taskforce for Climate-related Financial Disclosures (TCFD) recommendations.
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| * Risk management means ensuring that the financial sector can measure and manage climate-related financial risks.
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| * Returns means helping investors identify the opportunities in the transition to net zero and report how their own portfolios are aligned for the transition.
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| * Mobilisation means increasing private financial flows to emerging and developing economies, by connecting available capital with investable projects and encouraging new market structures.
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| == See also == | | == See also == |
| * [[Common Framework]] | | * [[Cartel]] |
| * [[Conference of the Parties]] | | * [[Competition authority]] |
| * [[COP25]] | | * [[Competition policy]] |
| * [[COP26]] | | * [[Competition & Markets Authority]] |
| * [[Financial Stability Board]] | | * [[DOJ]] |
| * [[Green Climate Fund]] | | * [[Federal Trade Commission]] |
| * [[Hub]] | | * [[Monopoly]] |
| * [[Net zero]] | | * [[Regulation]] |
| * [[Paris Agreement]] | | * [[State aid]] |
| * [[Reporting]] | | * [[Trust]] |
| * [[Return]]
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| * [[Risk management]]
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| * [[Task Force on Climate-related Financial Disclosures]]
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| * [[Ten Point Plan for a Green Industrial Revolution]]
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| * [[United Nations Framework Convention on Climate Change]]
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| ==Other resources==
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| *[https://ukcop26.org/wp-content/uploads/2020/11/COP26-Private-Finance-Hub-Strategy_Nov-2020v4.1.pdf Building a private finance system for Net Zero - COP26 briefing]
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| *[https://ukcop26.org/ COP26 home page]
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| *[https://www.treasurers.org/hub/treasurer-magazine/what-treasurers-need-to-know-about-COP-26 What Treasurers need to know about COP 26, The Treasurer, April/May 2020]
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| *[https://unfccc.int/ UNFCCC home page]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:The_business_context]]
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| [[Category:Corporate_finance]]
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| [[Category:Investment]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Financial_products_and_markets]]
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