Banks face two kinds of risks – risk from physical events and risk from transition to a net zero economy. A recent report in Bloomberg raises an important question about the time frame in which losses from loans made to high-carbon industries that contribute the most to global warming may become financially material for theContinue reading “Climate Risk and Banks’ Credit Losses”
Tag Archives: #ESG
Blended Finance: Unlocking Commercial Finance forSustainable Development
Here is my piece on Blended Finance, published in Artha, the IIM Calcutta finance journal. With investment needs to move to a green economy exceeding $1 trillion a year by 2030, governments and international agencies will find it challenging to fund this. Thus private and public finance will need to join hands. Blended finance blendsContinue reading “Blended Finance: Unlocking Commercial Finance forSustainable Development”
Financed Emissions
Banks play a dual role. At one end, they finance decarbonisation; at the other, they finance emissions through loans and investments. Thus, financed emissions are the greenhouse gas (GHG) emissions linked to the investment and lending activities of financial institutions like investment managers, banks and insurers. It’s the carbon footprint of a firm’s investments orContinue reading “Financed Emissions”
The emergence of tree-free paper
Paper is a versatile product and has many uses. It is used for printing, packaging, decorating, writing, cleaning, filter paper, wallpaper, book-end paper, coated worktops, toilet tissue, currency, security paper and several industrial and manufacturing procedures. The global production of paper and paperboard will reach 476 million tons by 2032. Studies estimate that about 42Continue reading “The emergence of tree-free paper”
Green Deposits 101
The Reserve Bank of India has announced the framework for accepting green deposits of regulated entities (RE). What is a green deposit? A green deposit is an interest-bearing deposit received by the regulated entity for a fixed period and the proceeds are earmarked for being allocated towards green finance. These are like your regular fixedContinue reading “Green Deposits 101”
Utkarsh Majmudar 