A useful learning and networking opportunity for anyone interested in clean energy: The Financing the Energy Transition: How Low-Carbon and Fossil-Fuel Banking Stacks Up free webinar on April 4.
The most frequently referenced climate scenarios, under which average global temperatures rise no more than 1.5°C, indicate that for every dollar invested in fossil fuel supply in this decade, four should be invested in low carbon energy supply. This forms the basis of a 2021-2030 Energy Supply Investment Ratio (ESIR) of 4:1. Benchmarking day-to-day financial activity against these ratios is challenging. However, it is possible to use existing public and commercially available data to assess recent bank energy-sector financing activity and its allocation between low carbon and fossil fuels. This webinar is a briefing on this work.
Discussion points:
Energy financing flows from the global banking community
Energy supply banking ratios by institution
Regional low-carbon and fossil fuels breakdown
Net-Zero Banking Alliance progress
Financing gaps to net-zero.
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