Climate
NZ regulation of financial aspects of climate change
Council of Financial Regulators (CoFR)
Reserve Bank of New Zealand (RBNZ)
Financial Markets Authority (FMA) and its implementation approach
Climate-related disclosure (CRD)
NZ legislation Financial Sector (Climate-related Disclosures and Other Matters) Amendment Act 2021. The Bill introduces a new Part 7A for the FMCA and amends the Financial Reporting Act. Key links: Parliament, MBIE, MfE, Cabinet paper (Sep 2020), Regulatory impact statement (Jul 2020), Bills digest (Apr 2021).
External Reporting Board (XRB) proposed AoNZ Climate Standard 1: Climate-related Disclosures (NZ CS 1)
TCFD including 2021 Status Report (Oct 2021)
International Sustainability Standards Board ifrs.org/sustainability and ISSB launch video. Additional videos in COP section below. Value Reporting Foundation perspective.
IOSCO backing speech, MR (Nov 2021) and Report on Sustainability-related Issuer Disclosures
MBIE's report on International Developments in Sustainability Reporting (Jun 2021)
MBIE's FMA funding consultation, including for the CRD regime (Oct 2021)
UK FSA Climate-related reporting requirements and Climate Financial Risk Forum (including guides on Disclosure, Innovation, Scenario Analysis and Risk Management). Also see bankofengland.co.uk/climate-change
ASIC Corporate governance update: climate change risk and disclosure (Oct 2021)
My paper on climate-related reporting essentials (Jan 2021)
United Nations Climate Change conference of the parties (COP)
cows, cars, coal, cash, capture
Glasgow Climate Pact (COP26, Nov 2021) ...
... and finance/ISSB videos here: full session, Mark Carney, Erkki Liikanen (IFRS) (alternative versions here and here) and Ashley Alder (IOSCO). IFRS update. Andrew Bailey BoE remarks.
Glasgow Financial Alliance for Net Zero gfanzero.com
The Economist's annotated version of the Paris Agreement
United Nations Framework Convention on Climate Change Conference of the Parties ukcop26.org
"accelerate our actions across mitigation, adaptation and finance" - G20 Rome Leaders' Declaration (Oct 2021) para 23
Emissions
Intergovernmental Panel on Climate Change Sixth Assessment Report Working Group 1 contribution (IPCC AR6 WG1)
Consultation on what should be included in the Emissions Reduction Plan (Oct 2021)
Climate Change Commission (CCC) Advice to Government (May 2021)
Lawyers for Climate Action (LCANZI) judicial review of the CCC's advice (Jul, Aug 2021)
Measuring emissions
Partnership for Carbon Accounting Financials (PCAF) https://carbonaccountingfinancials.com/
MfE Measuring Emissions: Detailed Guide 2020
For example of an aggregator for bank accounts that helps determine scope 3 emissions see Spain's BBVA (no endorsement implied)
Health
Ministry of Health: Sustainability and the Health Sector (Jul 2019)
Insurance
United Nations Environment Programme (UNEP) Finance Initiative: Principles for Sustainable Insurance (PSI) unepfi.org/psi
UN-convened Net-Zero Insurance Alliance (NZIA) (Jul 2021)
Investment
United Nations Environment Programme (UNEP) Finance Initiative: Principles for Responsible Investment (PRI) unpri.org
Institute for Climate Economics: Physical climate risk: Investor needs and information gaps
Legal considerations (inc directors' duties)
Companies (Directors Duties) Amendment Bill
see also: Chapman Tripp opinion 2019, toolkit 2020, opinion 2021, and IoD/MERW 2021
Methane
International Methane Emissions Observatory (IMEO)
MethaneSAT - NZ's first government-funded space mission
Net zero / carbon neutral
Scenarios
Central Banks and Supervisors: Network for Greening the Financial System (NGFS)
MfE says that climate risk scenario guidance will be released by the end of 2021.
MfE A guide to local climate change risk assessments
APRA Climate Vulnerability Assessment (Sep 2021)
Values (and integrated reporting)
Financial Markets Authority: FMA's role in an integrated financial system (Dec 2020)
Other
The nine planetary boundaries (Stockholm Resilience Centre)
ozone depletion
biodiversity loss: biodiversity intactness index (BII) and extinctions per million species-years (E/MSY)
novel entities: things created and introduced into the environment by humans that could have disruptive effects on the earth system, including synthetic organic pollutants, radioactive materials, genetically modified organisms, nano-materials, and micro-plastics
climate change: including melting polar sea-ice and destruction of rainforests
ocean acidification
freshwater use
land system change
nitrogen and phosphorus flows
atmospheric aerosol pollution
1.5 project (NZ)
The 17 sustainable development goals (UN)
no poverty
zero hunger
good health and well-being
quality education
gender equality
clean water and sanitation
affordable and clean energy
decent work and economic growth
industry, innovation and infrastructure
reduced inequalities
sustainable cities and communities
responsible consumption and production
climate action
life below water
life on land
peace, justice and strong institutions
partnerships for the goals