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DESCRIPTION:Net-Zero Carbon Investment Portfolio Alignment Harnessing the P
 ower of Finance for Tackling Climate Change Before the Window Closes\n\nwi
 th Frederic Samama\n\nHead of Strategic Development at Sustainable1\, S&P 
 Global\n\nRegister & watch the webinar\n\nView poster\n\nAbstract\n\nAltho
 ugh carbon neutrality is a buzzword in many industries and sectors of the 
 world economy\, there is still a debate on the meaning for the financial i
 ndustry. In line with a science-based carbon budget framework defined by t
 he Intergovernmental Panel on Climate Change (IPCC)\, this keynote present
 ation outlines a simple and robust methodology to align investment portfol
 ios with maintaining a temperature rise below 1.5 C with 83% probability. 
 We show how to keep the tracking error at a negligible level. This approac
 h works for both passive and active investment managers. It also establish
 es an exit roadmap for carbon- intensive corporates\, thereby generating a
  form of competition to decarbonize within the many social and economic in
 dustries and sectors. Four sources of risks are discussed: uncertainty aro
 und a rapidly shrinking carbon budget\, time impacts on decarbonization ra
 tes\, implementation risk due to market-wide selling pressure\, and uncert
 ainty about taxes on polluting companies. Being carbon neutral is then a b
 udget that the planet can spend. If it is true for the planet\, it could b
 e true for the proxies of the planet (i.e.\, the economies) and the proxie
 s of the proxies (i.e.\, the diversified portfolios). Then\, being carbon 
 neutral means to reduce by 12%/year the volumes of CO2 in 2022. For invest
 ors who would wait\, it becomes -20%/year in 2025 and -47%/year in 2028. A
 lthough IPCC had always said “we can tackle climate change\, but the windo
 w is closing”\, for the first time a financial methodology integrates this
 \n\n \n
DTSTART:20240516T150000Z
DTEND:20240516T170000Z
SUMMARY:MCCHE Precision Convergence Finance Webinar Series with Frederic Sa
 mama
URL:/desautels/channels/event/mcche-precision-converge
 nce-finance-webinar-series-frederic-samama-357301
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