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.
COP26 event: Financing a resilient net zero future
The COP26 Finance Day Action Zone event will highlight how actors across the global financial system are taking near-term action towards net zero by 2050 consistent with 1.5C and are committed to implement and accelerate the transition.
The sessions will feature tangible, near-term actions from the Glasgow Financial Alliance for Net Zero (GFANZ) chaired by Mark Carney in collaboration with the High-level Champions and Race to Zero as well as deep dives into how we transition the finance sector and how we finance the transition. The sessions will also discuss how the finance sector can go further faster to drive implementation, covering:
- Credible near-term targets
- Financing sector transition
- Creating a step change in private capital for emerging markets and developing countries
- Financing nature and curbing deforestation and
- Financing the Race to Resilience
This Marrakech Partnership Global Climate Action will be accessible virtually through the UNFCCC website.
For the full agenda, see 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.