By coming together and being bold in the face of risk, we can revolutionize the role of CFO and strengthen climate resilience in operations, supply chains and the market, argues WEF CFO, Julien Gattoni.
Call for climate action announcements
The COP26 Presidency, Mark Carney’s COP26 Private Finance Hub and the High Level Climate Action Champions are calling for private financial institutions to announce new ambitious actions at COP26. These include credibly committing to net zero by joining Race to Zero and GFANZ and setting science based targets for 2025/2030, committing to phase out coal finance, announcing new net-zero- and adaptation-aligned financing to developing countries and emerging markets, and committing to nature-positive finance action.
Download the full letter here.
With $468 trillion in assets across the globe, fully addressing the climate, biodiversity and land degradation crises – in a way that is aligned with commercial objectives – is fully within the reach of financial markets, writes Frannie Leautier, Partner, CEO of SouthBridge Investment.
Unlocking access to trillions of dollars’ worth of public and private climate finance, especially in developing countries, is critical to achieving the objectives of the UNFCCC, the goals of the Paris Agreement, and the 2030 Agenda for Sustainable Development.