Climate Finance: Difference between revisions

There are two main approaches to climate finance: '''climate investment,''' which involves investing money in companies with low carbon footprint or those that actively address the climate crisis, both for reasons of societal benefit and because these are widely expected to be good investments in the long term, and '''climate analytics,''' which aims to quantify the expected financial impacts of climate change, thereby incentivizing investors and companies to act. ML can help on both of these fronts, on the one hand by in designing portfolios and in timing investments for positive reinforcement of climate-positive investment, and on the other, by helping forecast prices in carbon markets, identifying climate risks and investment opportunities, and quantifying the monetary impact of climate change on supply and demand by using data-based approaches.

 

== Background Readings ==

*'''Climate change challenges for central banks and financial regulators (2018)''' <ref>{{Cite journal|last=Campiglio|first=Emanuele|last2=Dafermos|first2=Yannis|last3=Monnin|first3=Pierre|last4=Ryan-Collins|first4=Josh|last5=Schotten|first5=Guido|last6=Tanaka|first6=Misa|date=2018-06|title=Climate change challenges for central banks and financial regulators|url=http://www.nature.com/articles/s41558-018-0175-0|journal=Nature Climate Change|language=en|volume=8|issue=6|pages=462–468|doi=10.1038/s41558-018-0175-0|issn=1758-678X}}</ref>: this article presents the key controversies and discusses potential research and policy avenues for the future.

 

 

*'''[https://olc.worldbank.org/content/climate-finance-innovative-approaches-supporting-climate-action Climate Finance: Innovative Approaches in Supporting Climate Action]:''' this online course, created by the World Bank Group, summarizes the tested knowledge and practices in climate finance from different development partners.

*[https://www.edx.org/course/climate-change-financial-risks-and-opportunities '''Climate Change: Financial Risks and Opportunities''']: this course, curated by the Imperial College London, does a deep dive on the risks and opportunities that climate change presents to financial markets,

*[https://unccelearn.org/course/view.php?id=59&page=overview '''Introduction to Sustainable Finance''']: a high-level interactive and practice-oriented course that covers the basics of Sustainable Finance, hosted on the UN Climate Change E-Learn platform.

 

== Community ==

*[https://climatepolicyinitiative.org/ '''Climate Policy Initiative''']: an analysis and advisory organization with deep expertise in finance and policy.

*[https://www.oecd.org/cgfi/ '''OECD Center on Green Finance and Investment''']: the mission of the Center is to "help catalyse and support the transition to a green, low-emissions and climate-resilient economy through the development of effective policies, institutions and instruments for green finance and investment".

 

== Data ==

* [https://publications.iadb.org/en/idbg-climate-finance-2017-dataset '''Inter-American Development Bank Climate Finance 2017 Dataset''']: the IDB publishes its reported climate finance on a project-level, disaggregated basis for all public sector activity, and on an aggregated basis for all private sector activity.

* [https://www.sec.gov/edgar.shtml '''Electronic Data Gathering, Analysis and Retrieval (EDGAR)''']: the electronic filing system created by the Securities and Exchange Commission for corporate filings, which can be queried by company, by year and by sector in PDF format.

 

== References ==