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The document details the SFC's Circular Externa 015 of 2025, requiring financial entities in Colombia to identify, measure, control, and monitor environmental and social risks, including climate risks. It outlines the implementation timeline, the scope of applicable entities, and the conceptual framework for managing these risks within a financial institution's risk appetite and strategic planning.

The report outlines five key steps for developing financial instruments for climate adaptation: defining a clear resilience thesis, building pipelines with predictable cash flows, strategically structuring risk and returns through blended capital, cultivating local collaborations, and implementing robust impact measurement. It notes that while The Global Innovation Lab for Climate Finance has supported over 20 adaptation-focused instruments mobilizing more than $1.2 billion, the sector still faces challenges including high perceived risk, limited investor awareness, and difficulties in pricing climate risk.

The authors contend that current climate contingency planning is "care-blind," ignoring the disproportionate burden on caregivers—primarily women and girls—during environmental crises. They highlight that G20 nations with the highest gender inequality in care responsibilities are often the most climate-vulnerable. The text calls for the G20 to include caregivers in high-level decision-making to address issues such as restricted mobility, lack of survival skills, and financial instability, noting that climate-driven disease outbreaks further increase care burdens.

The 2024 Private Equity Climate Risks Scorecard reveals that 21 analyzed private equity firms are responsible for an estimated 1.17 gigatons of annual emissions from upstream operations, LNG terminals, and coal plants. The report argues that the industry's lack of transparency and continued investment in fossil fuels obstruct the global transition to a 1.5°C warming scenario. It ranks firms from 'B' to 'F', with EIG Global Energy Partners receiving the lowest grade due to its high emissions and low alignment with climate demands. The authors call for mandatory disclosures and a just transition for workers and impacted communities.

The report introduces a machine learning-based approach and a detailed taxonomy to better capture private sector adaptation finance, which is historically under-reported. By applying this new methodology, the Climate Policy Initiative increased its tracked annual average private adaptation finance for 2019-2022 from USD 1.0 billion to USD 4.7 billion.

The memorandum argues that while South African law does not yet have a specific statute requiring directors to prepare for climate change, existing fiduciary duties, the duty of care and diligence, and emerging legislation like the Climate Change Act 22 of 2024 create a legal basis for accountability. It highlights that South African courts are increasingly relying on non-binding governance standards, such as the King IV Report, and international obligations to interpret directors' duties. The document outlines several avenues for liability, including derivative actions under section 165 of the Companies Act, piercing the corporate veil under section 20(9), and criminal liability under the National Environmental Management Act (NEMA). It concludes that directors should proactively manage climate risk to avoid potential litigation as legal frameworks evolve.

The guide argues that businesses can avoid political polarization by framing climate action as a 'material' business necessity rather than a 'moral' obligation. Based on research with nearly 15,000 respondents, it finds that while moral messaging can increase favorability, it also increases unfavorability among skeptics. In contrast, framing climate action through risk management, clean energy opportunity, and the concept of 'responsible business' drives favorability without triggering backlash. The document specifically recommends replacing jargon like 'ESG' with 'responsible business' and 'climate change risk' with 'climate risk' to improve resonance with diverse audiences, including U.S. Republicans.

The Center for International Environmental Law examines the "Insuring Our Future Act" (Assembly Bill A9905A/Senate Bill S9435) in New York. The bill targets the contradiction of insurance companies raising premiums due to climate-driven disasters while continuing to finance the fossil fuel industry. It proposes a five-year phase-out of fossil fuel investments and underwriting, alongside protections against "bluelining" and sudden non-renewals for policyholders.

ClientEarth and Carbon Tracker Initiative argue that the PRMS 2018 framework is 'climate-blind' and fails to account for the energy transition, risking the accumulation of stranded assets. They propose introducing an 'atmospheric viability' test to determine if reserves are compatible with a 1.5°C warming limit and suggest comprehensive updates to 'defined conditions' and 'commerciality' criteria to include physical and transition climate risks.

The R3Lab Toolkit offers a framework for insurance regulators to balance the promotion of innovation with consumer protection. It outlines a process starting with innovation gap and ecosystem assessments, followed by the application of a 'toolbox' comprising regulatory adjustments (e.g., sandboxes, tiered licensing), supervisory improvements (e.g., streamlined approvals, suptech), proactive engagement (e.g., newsletters, workshops), and monitoring via KPIs and social listening. The guide emphasizes that the choice of tools must be fit-for-context and supported by top leadership buy-in and internal capacity building.

The document tracks congressional hearings in 2024 across various House and Senate committees, covering topics such as energy security, climate risk, environmental regulations, and budget requests for agencies like the EPA and Department of Energy.

The Center for International Environmental Law identifies a 'Dirty Dozen' of insurers that have restricted coverage for California homeowners, citing climate risks, while maintaining significant financial ties to fossil fuels. This practice is described as a 'vicious cycle of uninsurability' that shifts the economic burden of the climate crisis onto households.

The briefing analyzes the ECB's Eurosystem collateral framework (ESCF), finding that it provides liquidity support to 34 fossil fuel companies, including major oil, gas, and coal developers. It argues that the ECB's planned 2024 limit on 'high-emitting companies' is insufficient because it overlooks financial subsidiaries and fails to remove the 'eligibility bonus' that eases financing for these firms. The report further highlights that haircuts for fossil fuel assets are often too low—some as low as 1% for Eni and TotalEnergies—and do not account for 'stranding risk' or environmental damage. Reclaim Finance recommends a full exclusion of companies developing new fossil fuel fields and a revision of haircuts to align with climate-related financial risks.

The report analyzes Mozambique's climate risk and resilience across four areas: projected changes to the country's climate profile, implications for key economic sectors and the broader economy (including fiscal and trade impacts), an overview of existing and planned government adaptation measures, and strategic recommendations for funding mobilization.

The Private Equity Stakeholder Project criticizes the SEC for removing scope 3 emissions requirements from its climate disclosure rule, asserting that this allows publicly-listed private equity firms to significantly underreport their carbon footprints and obscure risks associated with fossil fuel portfolios.

The Stockholm Environment Institute's 2023 Annual Results Report details the organization's progress across three primary impact areas: reducing climate risk, sustainable resource use, and health and well-being. Key achievements include supporting Morocco's net-zero 2050 target, advancing the Production Gap Report to influence COP28, and deploying digital tools like the Consumption Compass in Sweden and WEAP globally. The report also highlights organizational growth, including a 40% increase in total income over four years and a 45% per capita reduction in air travel emissions compared to 2017 levels.

The proposal seeks USD 400,711 over 18 months to address the Central Bank of Ecuador's (BCE) lack of capacity to manage climate-related financial risks. Key activities include training BCE personnel on ESG standards, developing systems for green statistics and climate risk assessment, creating an ESG Roadmap and Action Plan, and facilitating the BCE's membership in the Network for Greening the Financial System (NGFS). The project is implemented by the Global Green Growth Institute (GGGI) in partnership with the Ministry of Environment, Water and Ecological Transition (MAATE).

The Private Equity Stakeholder Project (PESP) supports the Oregon Treasury's proposed Net Zero plan for the Oregon Public Employees' Retirement Fund (OPERF), which aims for Net Zero by 2050 and a 60% reduction in emissions intensity by 2035. PESP highlights that Real Assets and Private Equity accounted for 46% of OPERF's emissions at the end of 2022 despite representing only 35% of assets. While praising the plan's exclusion of new commitments to fossil fuel focused private funds and its use of science-based metrics, PESP calls for accelerated timelines, clearer guidance for managers, and specific action regarding the Rio Grande LNG terminal project involving Global Infrastructure Partners.

ClientEarth submits evidence to the UK Work and Pensions Committee arguing that current fiduciary duty legislation is too narrow, leading trustees to prioritise short-term returns over systemic climate risk management. The organisation recommends statutory duties to manage risks to the portfolio as a whole and to assess the real-world impacts of investments on society and the environment, aligning UK practice with European standards and UN human rights principles.

The document critiques the European Central Bank's (ECB) planned update to the Eurosystem Collateral Framework, arguing that simply addressing risks is insufficient. It advocates for a precautionary approach that includes excluding developers of new fossil fuel projects and applying haircuts to eligible assets based on a company's carbon intensity.