Search Climate Insights Directory

The report argues that the aquaculture industry faces significant systemic risks due to high fish mortality rates and a dependence on fishmeal and fish oil (FMFO) derived from wild-caught fish. It finds that most investors fail to integrate these material risks into their policies, often relying on inadequate certification schemes. The document highlights the economic cost of fish deaths, the threat to food security in regions like West Africa due to FMFO extraction, and the potential for 'greenwashing' through green bonds. It recommends that investors require full supply chain transparency, the elimination of wild-caught fish in feed by 2025, and the adoption of robust fish-welfare standards.

Jakob Askou Bøss of Ørsted asserts that renewable energy is now cost-competitive with fossil fuels, removing technical and financial barriers to the energy transition. He calls for a global doubling of green power build-out speed and a tripling of coal retirement rates by 2030. Specifically, he urges the EU to adopt a net-zero by 2050 target and increase its 2030 emissions reduction target from 40% to at least 55% to lead other major economies, including China, toward higher ambitions.