Post by Alexandra Basirov nee McGowan

Amazing to be in the presence of Sir David Attenborough who gave his insights into his new film, A life on our planet, a witness statement of the devastating changes humanity has caused to our planet and his vision for the future - a perfect backdrop for the launch of #COP26 Finance Agenda by Mark Carney & Alok Sharma and why finance plays an instrumental role in the transition to #netzero. #COP26 private finance strategy to drive whole economy transition has an overarching goal that every financial decision takes climate change into account. The 3Rs - Reporting with potential paths to mandatory TCFD reporting, Risk Management, Returns will be a focus along with the role of MDBs/DFIs and Innovative Finance. Christine Lagarde highlighted that climate change risks for the financial sector fall broadly into 3 categories- her 3Ds; risks stemming from disregard, from delay and from deficiency. Concluding with comments that the future path for carbon emissions and the climate is uncertain but it remains within our power to influence it and this transition provides many opportunities, not just risks. Everyone has a role to play so #makeyourmoneymatter too. #climatechange #sustainablefinance #esg #impactinvesting #positiveimpact #lowcarboneconomy #climatepolicy