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So far admin-2degres has created 137 blog entries.
23 05, 2018

THE BIGGER PICTURE: The impact of automation, AI, shared economy … on oil demand

May 2018: Our new working paper “The bigger picture” shows that under optimistic assumptions around breakthrough technologies, oil demand could drop by 50% in only 22 years. A combination of shared economy, 3D printing, autonomous vehicles, nanotechnologies, and artificial intelligence, among others, could shave around 30 million barrels per day off of global oil demand. Once you add the ‘traditional’ assumptions around the effects of electric vehicles and the end of oil in the power sector, oil demand could drop to 47 million barrels per day by 2040.

The paper builds on a comprehensive literature review of the potential effects of breakthrough technologies, building on the optimistic assumptions founds in academic literature, as well as research by industry experts (McKinsey). Squarely in the realm of the possible, the analysis represents an alternative vision of what an oil demand crash could look like if technology disruption materializes. Our objective in this paper is not to forecast, but rather to show where optimistic technology assumptions lead the oil sector, providing the potential basis for alternative stress-testing frameworks for fossil fuels.

Full text

 

1 04, 2018

The Green Supporting Factor – Quantifying the impact on European banks and green finance

April 2018: In the context of mobilising policy actions with regard to sustainable finance, the European Parliament and Commission are considering introducing a Green Supporting Factor (GSF) or Brown Penalty (BP) for capital reserve requirements. The objective of this working paper is to identify the potential impacts of introducing a GSF or a Brown Penalty.

Full Text

22 02, 2018

2°C scenario analysis for corporate lending portfolios

In this project 2ii collaborates with banks to extend the existing 2°C scenario analysis framework to corporate lending portfolios including a road-test with participating banks of the methodology developed in the course of the project.

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31 01, 2018

It’s on you! Bringing climate assessments for household credit into the 21st century

Jan 2018: An overview of the current state of the household credit market. We argue that household credit has so far been an overlooked topic in climate finance. While there are some tentative steps from early movers to assess the climate impact of various types of household credit much potential remains to be unlocked.

Full Report

31 01, 2018

Financing a Sustainable European Economy

Jan 2018: 2°ii contributed to the final report of the EU High-Level Expert Group on Sustainale Finance “Financing a Sustainable European Economy”. The full report can be found here.

18 01, 2018

KliFin-Scanner: Climate finance product scanner for retail investors and banks

The Climate Finance Product Scanner for retail investors and banks (KliFin-Scanner) is developing a questionnaire on non-financial objectives for retail investors. The questionnaire will enable retail investors to create an investment profile based on their individual extra-financial objectives. This can then be matched to financial products. The questionnaire and matching software will be integrated in a website available to all retail investors in Germany. It will be open-source and available as white label solution to be able to be integrated into the infrastructure of banks. The project runtime is from 1 January 2018 to 30 June 2020.

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22 11, 2017

ISO Standard for Investment, Financing and Climate Change (ISO 14097)

November 2017: The ISO 14097 “Framework and principles for assessing and reporting investments and financing activities related to climate change,” was proposed by the French standardization body AFNOR and approved by ballot in January 2017. The convenors are Stan Dupré (CEO of 2° Investing Initiative – commissioned by AFNOR) and Massamba Thioye (UNFCCC secretariat), with AFNOR acting as secretariat.

Full Report

23 10, 2017

Out of the Fog: Quantifiying the alignment of Swiss pension funds and insurances with the Paris Agreement

October 2017: Our latest report of the PACTA project  “Out of the Fog: Quantifiying the alignment of Swiss pension funds and insurances with the Paris Agreement” analyses Swiss pension funds and insurances and was done in cooperation with the Swiss Federal Office for the Environment (FOEN) and the State Secretariat for International Financial Matters (SIF).