Hot Money: 40 Financial Institutions Are Funding a Climate-Changing Agri-Methane Footprint

Event Overview

Methane is 80 times more potent than CO2 in terms of its global warming potential. Reducing methane emissions is crucial to limiting global heating to 1.5˚C. Financial institutions are funding a methane footprint that could be as big as the CO2 footprint of Saudi Arabia through their support for the key meat and dairy companies directly responsible for global methane emissions.

This webinar will discuss Planet Tracker’s and Changing Markets’ latest report analysing the financial institutions supporting the emissions of this potent greenhouse gas, and the research by Changing Markets Foundation and the Institute for Agriculture and Trade Policy estimating the methane emissions from the 15 meat and dairy companies primarily responsible (‘Emissions Impossible: Methane Edition’). Panellists will discuss the implications for financial institutions and food system companies, and the steps they need to take to ensure methane emissions are reduced at the pace required by science (40-45% reduction) by 2030.

Speakers

• Tara Chandrasekharan, Senior ESG Analyst, FAIRR Initiative

• Peter Elwin, Director of Fixed Income and Head of Food & Land Use Programme, Planet Tracker

• Nusa Urbancic, Campaigns Director, Changing Markets Foundation

• Sally Smith, Global Director, Sustainability & ESG, Upfield