Source: World Economic Forum (video statements)
Achieving a net-zero economy requires a whole economy transition. Every company, bank, insurer and investor must develop credible plans for the transition and implement them. Mainstream private finance will play an important role in helping the economy realign for net zero. To do so means creating a framework for sustainable finance so that the financial sector can allocate capital to manage risks and seize opportunities.
This session will delve into the work Mark Carney’s team has been doing in his capacity as the Prime Minister’s Finance Adviser for COP26. His focus on reporting, risk management and returns is one element of a comprehensive package of work on public and private finance the United Kingdom is undertaking under the COP26 presidency.