A fair future demands not only financial commitments but also strategic and inclusive approaches that consider the needs of the present and future alike, argues Karishma Ansaram, Climate Champions’ Finance Youth Fellow.
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.
Dr. Amar Inamdar, KawiSafi Ventures Fund explains why Africa’s potential for green inclusive growith is unrivalled yet being held back by a lack of investment and risk aversion by the world’s capital allocators.
Joint Declaration and Task Force on Credit Enhancement for Sustainability-Linked Sovereign Financing
World’s top multilateral development banks and other international organizations have signed a joint declaration and launched a global “task force” to boost sustainability-linked sovereign financing for nature and climate at COP28.