Integrating Sustainability into Valuation
1. Introduction The topic of Sustainability has become profoundly influential in all aspects of our lives today, transcending the debate about its existence or regarding it as a mere marketing myth that pervades global discussions. This influence is particularly amplified within the financial realm, where many perceive the financial markets to be pivotal in solving […]
Model-based Financial Regulation
1. Introduction In this article, we will delve into the influence of model-based financial regulations on the shift towards achieving net-zero carbon emissions. We will also examine its advantages, constraints, and hurdles in shaping regulations. Additionally, we will identify key stakeholders capable of driving a sustained impact in this transition. As the world grapples with […]
Navigating the Complexities of a Climate Risk Landscape
Introduction With six months and two seasons in 2023 breaking previous records, the global November temperatures particularly stand out. Notably, two days surpassed the threshold of being over 2°C higher than preindustrial levels. Consequently, 2023 has etched its name in the annals of history as the warmest year ever recorded (Copernicus Climate Change Service, 2023). […]
Project Gaia
Introduction Climate change, a mounting global concern, goes beyond geographical and ecological repercussions. It also poses a significant risk to overall financial stability. As extreme weather events increase in frequency and intensity, businesses, governments, and financial institutions are faced with the need to understand and address these climate risks. The Carbon Disclosure Project (CDP), initially […]
EU AI Act
Introduction Financial Times recently reported that fraudsters have employed a deepfake bot in order to deceive an employee of a Hong Kong company into transferring a substantial sum of $25 million. It is worth noting that this is not the inaugural instance of such fraudulent activity. However, the distinguishing and disconcerting aspect of this particular […]
Managed Services
Introduction In today’s fast-paced and ever-changing world of banking and finance, operational flexibility and scalability are crucial for staying competitive and meeting customer demands. Managed services, including capacity support, have emerged as essential solutions that help banks navigate these challenges effectively. Source: https://www.precedenceresearch.com/regulatory-affairs-outsourcing-market The global regulatory affairs outsourcing market was estimated at USD 6.7 billion in […]
ECB’s Climate and Nature Action Plan 2024-2025
Introduction The European Central Bank (ECB) has reaffirmed its commitment to addressing the multifaceted challenges posed by the climate crisis. In this article, we explore the ECB’s strategic framework for addressing climate change, focusing on three critical areas for 2024 and 2025: the transition to a green economy, the physical impact of climate change, and […]
Post COP28 Dubai
Introduction 2023 has now been officially confirmed as the hottest year on record, sounding alarm bells about the tangible impacts of climate change and the efficacy of global efforts to mitigate its effects. In this article, we consider what responses the world, and the financial sector in particular areare adopting or planning to adopt in […]
COP28 Dubai
Introduction As the world gears up for the 28th UN Climate Change Conference (COP28), we are reminded of the critical juncture we face in our collective fight against climate change. Nearly eight years after the historic Paris Agreement, COP28 stands out for hosting the first-ever “Global Stock Take” – a comprehensive assessment of global progress […]
California requires companies to report carbon emissions
California has just dropped a bombshell on the corporate world with the unveiling of The Climate Corporate Data Accountability Act, or as we like to call it, the “Green Giants’ Reality Check.” This game-changing law is a massive leap towards tackling climate change head-on, and it’s got businesses quaking in their eco-friendly boots. If […]