RFI remains committed to advancing responsible finance & equipping financial institutions in Islamic markets with essential tools. The expanded Financed Emissions Database provides data to form a deeper understanding of the role that finance plays in economy-wide emissions risk.

🔍 Global banks' climate challenges offer crucial lessons for OIC financial institutions. Prioritize transparency and real-world impact! 🌱 #GreenFinance #OIC #Decarbonization

Financial institutions need to identify what impact they want to have on #climate, #nature & the #JustTransition #ResponsibleFinance

The full story of climate data for financial institutions isn’t just the numbers. Commentary on the evolving landscape of emissions data by @NGFS_ and how to read beneath the numbers. #ClimateData #ClimateRisk #ResponsibleFinance #NetZero

📢 The Philippines has been unanimously chosen as the host country for the #LossAndDamage Fund, granting it an independent legal personality.

At the heart of the #SB60 climate talks in Bonn is a big document that everyone hopes will form the basis for a new goal on climate finance. Right now it's a mess because it's full of countries' divergent views on what that will look like. Quick 🧵 on some of those views...

🚀 The latest episode of #MajlisAndMarkets is LIVE! Join us as we speak to @khalidhowladar about the impact of emerging tech like crypto and blockchain on Islamic finance. Listen here [ https://t.co/kWNP0RuVIw]🎧 #IslamicFinance #TechDisruption

Research published at the start of COP28 found that climate finance globally is concentrated in developed countries and China." https://t.co/ai9Oe6z7nm

"While all countries will need to cut greenhouse gas emissions if the world is to limit global warming, many of the poorest are struggling with ever-stretched budgets and a global private sector reluctant to invest in emerging and developing economies. [quote continues]

ICMA sustainable #sukuk guidance brings flexibility and risks for issuers with limited #green assets https://t.co/9FYRZQ0AkX @sharingrisk @RFIFoundation

As #TransitionFinance develops, it strikes me that there hasn't become a go-to example that defines the category, let alone what would be required for it to incorporate characteristics of a #JustTransition. With green finance, it's "solar". What is the transition equivalent?

Latest newsletter article from RFI: Banks in the #GCC region are tackling #ClimateTransition risk, but it remains a ‘work-in-progress’ https://t.co/5kxOm9uxLj Link to subscribe to our newsletter at the bottom of the article. #ResponsibleFinance #ClimateRisk

Transition finance has grown in adoption even as sustainability linked financing has slowed. Its commonalities with 'use of proceeds' finance make it a potentially more effective tool especially for #EmergingMarkets and #DevelopingEconomies.

An overview of an important contribution to understanding climate-related financial risks in the #MiddleEast #NorthAfrica and #CentralAsia, and for finding opportunities for the financial sector to build its #JustTransition capabilities @RFIFoundation https://t.co/5cDPnC4XHt

Wonderful photo. An important reminder of the importance of #GlobalChoices work for a 10 year moratorium to protect the Central Arctic Ice from exploitation. @GCArcticAngels

There needs to be a redoubled effort to drive finance in the direction of alignment with the transition. International private #climatefinance will need to rise by 15 times from current levels. #ResponsibleFinance

There's been a considerable effort put into improving guidance relating to #ResponsibleFinance and promoting alignment around baseline standards. @RFIFoundation commented on a two that are particularly important for financial sector stakeholders in #OIC markets & #IslamicFinance

Following the conclusion of #COP28 last year, #OIC financial institutions should focus on how the final declaration points towards key risks and opportunities arising from #ClimateTransition risks & their role in the #EnergyTransition. #ResponsibleFinance

RFI has been part of the #BC100plus Steering Group since inception and we look forward to learning more about signatories through the podcast. Find out more below or at https://t.co/Qlw2EBs7Cl!

At #COP28 Dubai, BxC @Ripple @SolanaFndn @filecoingreen @regen_network and @GBBCouncil gathered a group of incredible voices to discuss in-market solutions to scaling climate finance with web3 technology. You'll see some familiar faces here - enjoy! https://t.co/RpyuhptPPl

Take a look at RFI's reflections on the conclusions from @COP28 and see what financial institutions operating in the OIC region can do to align with COP 28 outcomes. #ResponsibleFinance #OIC #ClimateChange #ClimateRisk #FinancedEmissions https://t.co/6JPDOxDmiU