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.
Mark Carney hosts first GFANZ CEOs meeting
“I was honoured to chair today’s first meeting of the Glasgow Financial Alliance for Net Zero (GFANZ) CEO Principals Group. The Group discussed GFANZ’s priorities, workstreams and deliverables for COP26 and beyond. We will meet periodically through the year to help unlock the systemic change needed to finance the global transition to net zero.”
Notes to editors:
- The following individuals attended the meeting: Rt Hon Alok Sharma MP (President of COP26), Mark Carney (the Prime Minister’s Finance Advisor for COP26 and UN Special Envoy for Climate Action and Finance), Nigel Topping, (High Level Climate Action Champion for COP26), Oliver Baete (Allianz), Amanda Blanc (Aviva), Thomas Buberl (AXA), Juan Carlos Mora Uribe (Bancolombia), Larry Fink (Blackrock), Seiji Inagaki (Dai-ichi Life), Nili Gilbert (David Rockefeller Fund), David Blood (Generation IM), Michelle Scrimgeour (LGIM), David Schwimmer (LSEG), Alison Rose (NatWest), Jon Johnsen (PKA), Shemara Wikramanayake (Macquarie), Hiro Mizuno (UN Special Envoy on Innovative Finance and Sustainable Investments), Mary Schapiro (Head of TCFD Secretariat)
- The current member list of the CEO Principals Group is: Mark Carney, Nigel Topping, (High Level Climate Action Champion for COP26), Oliver Baete (Allianz), Amanda Blanc (Aviva), Thomas Buberl (AXA), Juan Carlos Mora Uribe (Bancolombia), Brian Moynihan (Bank of America), Larry Fink (Blackrock), Jane Fraser (Citigroup), Seiji Inagaki (Dai-ichi Life), Nili Gilbert (David Rockefeller Fund), David Blood (Generation IM), Noel Quinn (HSBC), Joshua Oigara (KCB Group), Michelle Scrimgeour (LGIM), David Schwimmer (LSEG), Shemara Wikramanayake (Macquarie), Alison Rose (NatWest), Jon Johnsen (PKA), Ana Botin (Santander).
- The CEO Principals Group is the senior group of GFANZ. To support GFANZ in unlocking the systemic change needed to reach net zero, the group’s purpose is to: set the strategic direction and priorities of GFANZ; provide a forum for strategic coordination among net zero finance leaders on campaigns, workplans and how to maximise real economy and real world impact; catalyse technical collaboration; demonstrate leadership; and monitor progress.
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.