Jakob Skovgaard

@jakobskovgaard.bsky.social

Associate Professor in Political Science, Lund University. Great at doing stuff. Author of "The Economisation of Climate Change": https://t.co/BYTak7y0A2?amp=1

Renewables-plus-storage is so cheap that in large parts of the world it is cheaper to build a whole new clean power plant than just pay for the fuel and maintenance for a fully-depreciated gas generator. Renewables aren’t just threatening new-build gas — they are undermining existing plants.

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Why would a country leave billions of dollars of oil & gas in the ground? On a narrow economic view it looks irrational: walking away from profit, jobs and geopolitical leverage, and picking a fight with one of the most powerful industries on earth. And yet it's happening🧵

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@ciel.org @foeus.bsky.social report shows global banks have provided $133bn to fuel US petrochemicals over the last 6 years. Despite risks such as hazardous 'forever chemicals', researchers show that ESG-linked investments are linked to petrochemical companies.

ESG funds include petrochemical companies, report finds

Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.

greencb.co

New paper with Stefan Renckens in @ripejournal.bsky.social! Sustainable finance standards are often accused of being highly fragmented. We built an original dataset of 111 Sustainable Finance Governance Initiatives (SFGIs), covering 2000-2020, to see for ourselves. The result? It's complicated.

Review of International Political Economy@ripejournal.bsky.social · 8mo ago

Overlap and fragmentation in the global governance complex of sustainable finance, by Stefan Renckens & Christian Elliott

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For anyone who believed the advancing climate backlash would not concern the core of EU climate policy, it's time to wake up. And it is amazing how little key politicians care - all for fighting climate change, but let's abandon the policies that do it. @bundeskanzleramt.bsky.social

Von der Leyen and Merz clash over future of EU’s core climate law

German chancellor joined industry in attacking the EU carbon market as the Commission president defended its “clear benefits.”

politico.eu

As explained at the 🔗, the reviews took place between April 2016 (Beijing) and October 2018 (Rome) and were chaired by the OECD. They were scheduled to continue in 2019 (pairing Argentina and Canada), but were delayed. Then the COVID-19 pandemic created an interruption that proved to be permanent.

Introducing G20 Peer Reviews | QUNO

QUNO explores insights from the G20 Peer Reviews, analysing efforts towards sustainable economic practices and global cooperation.

quno.org

🌪️As global climate disasters mount, the insurance protection gap is widening. Natural disasters caused US$320 bn in losses globally in 2024, according to Munich Re. But Japan remains an exception: its insurance protection gap isn’t yet pronounced.👇

How Japanese insurers are keeping the climate protection gap at bay

While the insurance protection gap is widening in many countries due to climate change, the same isn't true of Japan as yet even though premiums are on the rise.

greencb.co

🌱 @dnb-nl.bsky.social is publishing a guide so pension funds & insurers can integrate climate & nature risk into their risk assessment frameworks—further developing ESG data to help with insight into sustainability exposures  Read the full article by Emma Thomasson 👇

Dutch central bank reviews climate and nature risk to pensions and insurance

DNB shifts from awareness raising on climate to ensuring compliance with regulations.

greencb.co