Kate Levick

The Warren Buffett approach to climate change The legendary investor has a mixed record on green issues

A well argued piece from FT on Warren Buffett and his evolving views on climate risk (sharing link, for those who get there first). www.ft.com/content/71b1...

🚨Some major errors & misleading claims from experienced presenter Nick Robinson on BBC Radio 4 Today, when discussing British Steel with Treasury Minister James Murray

I hope these are corrected on tomorrow's programme, and Robinson sticks to the facts in future.

Here's what he got wrong... 🧵

Amid all the other very terrible things happening this is also terrible.

(FT) - Insurers have warned that mass firings at US science agencies could threaten the critical weather and geospatial data that the industry uses to manage natural disaster risks and potentially raise prices for consumers. 🇺🇸

www.ft.com/content/33a4...

Can the Trump Administration Arbitrarily Take Money from Anyone’s Bank Account? Federal Government’s Mugging of New York City for FEMA Funds Suggests Yes Notes on the Crises pivoted on February 1st into around the clock coverage of the Trump-Musk Treasury Payments Crisis of 2025. Today is Day Forty Two. A version of this article is simultaneously appe...

NEW PIECE- with a version in @rollingstone.com . Can the Trump Administration arbitrarily Take money from Anyone's bank account? The Federal Government debiting 80.5 million dollars from New York City government's central bank account suggests yes.

www.crisesnotes.com/can-the-trum...

It's been a long time since Private Eye's satire has made me audibly wince, but this is so to the point if it were a knife people would demand it be banned.

Unexpected. And clear!

Lord Nicholas Stern stands on stage at a lecturn looking at a seated panel which includes Pete Betts' surviving party, UK energy and climate minister Ed Miliband, UK lead climate negotiator Kate Hughes, and UK climate envoy Rachel Kyte

Tonight UK Climate Envoy Rachel Kyte gave the Pete Betts memorial lecture hosted by LSE. Her speech was full of fire and grit, setting out many opportunities for international climate action this year - including lots to do on finance reform.

BBC publishes Net Zero Transition Plan The Corporation’s first Transition Plan sets out the BBC’s Ambition, Action and Accountability in reaching Net Zero

Well this was an unexpected ray of sunshine today! www.bbc.co.uk/mediacentre/...

ITPN launches at COP29 | International Transition Plan Network Today at COP29, the International Transition Plan Network (ITPN) was launched to advance global norms for private sector transition plans.

2024 was another bumper year for private sector climate transition planning, with accelerated market uptake, and some major moves towards international standardisation of approaches. Read more here: itpn.global/the-opportun...

Political volatility ahead is likely to affect – but not derail – the pathway to scaling finance for the climate transition The shifting geopolitics will bring major challenges to the climate agenda but potentially also opportunities to make progress on finance issues.

Review 2024 climate/finance reform and look forward to 2025 in a mere 700 words, you say? No problem @e3g.bsky.social Rob Moore and I have this covered😎🤓

www.e3g.org/news/politic...

For those on BlueSky unfamiliar with this modern British tradition:

During times of high winds, we all jump on YouTube and watch planes trying to land at Heathrow, with excited commentary from the UK's premier plane nerd channel.

Currently live here!

www.youtube.com/live/egvoBvc...

To compete for green investment, the UK must accelerate its transition plan agenda Chancellor Rachel Reeves' Mansion House speech included announcements on the UK’s disclosure regime. Here's what needs to happen next on transition plans, interoperability and international leadership...

To compete for green investment, 🇬🇧 must accelerate its #TransitionPlan agenda.

Despite providing a signal of HMT’s commitment to sustainable finance, #MansionHouse did not drive forwards commitments on transition plans.

More in our blog by @joewithit.bsky.social 👇
www.e3g.org/news/to-comp...

COP29: Key outcomes agreed at the UN climate talks in Baku - Carbon Brief Developed nations have agreed to help channel “at least” $300bn a year into developing countries...

Read @carbonbrief.org’s in-depth summary of all the key outcomes in Baku – including analysis from E3G’s Ana Mulio and Harry Camilleri on Adaptation and the Mitigation Work Programme (MWP) at #COP29:
www.carbonbrief.org/cop29-key-ou...

The final #COP29 outcome has been agreed in Baku.

💵Though several notable concerns were raised by developing countries, the new collective quantified goal has now been set.

👇🧵

Cop29 agrees $1.3tn climate finance deal but campaigners brand it a ‘betrayal’ Deep divisions remain after high-stakes talks end with agreement to help developing world shift to low-carbon economy

After intense last minute negotiations, a finance deal was gavelled through at #COP29 1.5 days late, well into the small hours of Baku's Sunday morning. The COP did not fail. But coming months and years will show whether it was a success. www.theguardian.com/environment/...

Things aren't looking so great at #COP29 Baku - my @e3g.bsky.social colleagues still on the ground are still working hard to support a deal, here is their latest bulletin on state of play

G20 Leaders Summit 2024: Advancing the Climate Finance Agenda Story The G20 Leaders’ Summit has concluded in Rio de Janeiro. The timing of the Summit provided the opportunity to send strong signals back to ongoing talks at COP29. Following last-minute negotiatio...

What happened at the G20 Leaders meeting in Rio in relation to climate change and finance reform? @e3g.bsky.social breaks it down here. www.e3g.org/news/g20-lea...

And the the CASI initiative is really interesting - using the internet, partnerships and AI tools, but also a load of face-to-face network building too - for SF capacity building at scale www.casi.net

International Platform on Sustainable Finance Forum for dialogue between policymakers, with the aim of increasing the amount of private capital being invested in sustainable investments.

If not already seen it is worth taking a look at the suite of documents published yesterday by the IPSF where China has been active (scroll down the page...): finance.ec.europa.eu/sustainable-...

Photo of a presentation slide which displays a range of measures under Kazakhstan's sustainable finance framework including measures taken and still in plan. Actions on standards, disclosures and products are the strongest with incentives a growing area.

Blown away by the Kazakh sustainable finance framework - shared at today"s CASI meeting on the side of #COP29.

ITPN launches at COP29 to drive global collaboration on transition plans - ITPN The International Transition Plan Network (ITPN) will support the development of global norms for private sector transition plans, and their use in national climate policies and regulation. The ITPN w...

More information here! itpn.global/itpn-launche...

Leading the global standard for climate transition planning | ITPN ITPN is a global membership network supporting private sector transition planning to help take organisations to net zero.

Delighted to announce the International Transition Plan Network (ITPN) itpn.global today on #COP29 Finance Day. The ITPN will support the development of global norms for private-sector transition plans and their integration into national climate policies.

The UN Secretary-General called today for mandatory requirements for 1.5-aligned private sector transition plans, and for firms to bring these plans to COP30. E3G Associate Director @levick.bsky.social said:

Trump's 'Epic' Deregulation Must Preserve Financial Stability The president-elect and Elon Musk want to blow up the federal rule book. Good luck, but please exercise some caution. November 13, 2024

just lollllll bloomberg editors

blow up the admin state, but delicately and in a way that doesn't affect us

www.bloomberg.com/opinion/arti...

Moving towards a holistic transition planning framework in the EU Addressing the gaps in policy coherence, explore the EU's approach to a holistic transition planning framework for climate goals.

Tsvetelina Kuzmanova of CISL was asked about EU TP Norms and how they relate to global norms. A tough question! But it just so happens that @e3g.bsky.social and ECCO just put out a great briefing about it... www.e3g.org/publications...

IFRS Foundation will convert TPT docs into IFRS Educational Resources in first half of 2025. This will provide much needed guidance to firms for IFRS S2 disclosure. TCFD status report released today shows a long way to go to get the market making comprehensive high-quality disclosures.

A panel at COP29 talking about transition plans. Mardi McBrien of IFRS Foundation holds the microphone.

Made it to #COP29Baku and first event in my schedule is on transition plans ❤️ including IFRS Foundation speaking to their decision to take responsibility for TPT guidance

🔔 Update! Don’t miss E3G's @levick.bsky.social at the UK Pavilion on 14 November, discussing scaling transition finance in emerging markets with UK Financial Secretary Lord Livermore.

⏰ 19:30-20:30 Baku / 15:30-16:30 GMT.

Find the live stream here: eu.eventscloud.com/website/1433...

A stunning victory by my colleagues, coming FIRST in the Carbon Brief quiz. Our @e3g.bsky.social team in the room placed fifth, also a fantastic result. Most importantly it was a lot of fun on a heavy day! Thank you @carbonbrief.org