Financed Emissions
As the urgency of climate change intensifies, the issue of financed emissions-the greenhouse gas emissions linked to financial institutions' investment and lending activities-is gaining significant attention. Stakeholders, regulators, and the public are pushing for greater transparency from financial institutions about their contribution to global emissions. While some regions, particularly in Europe, have introduced mandatory disclosure regulations, others, like the US, still rely on voluntary frameworks. The European Union (EU), for instance, is working towards reducing its emissions by 55% by 2030 compared to 1990 levels.
Regulatory Landscape and Evolving Requirements