Published on 27 February 2020
On 27 February 2020, the Governor of the Bank of England, Mark Carney, launched the ‘COP26 Private Finance Agenda’ at the Guildhall, London.
The objective of the COP26 Private Finance Agenda is for every professional financial decision to take climate change into account. The right framework for reporting, risk management and returns will embed these considerations and help finance a whole economy transition. To achieve net zero, every company, bank, insurer and investor will need to adjust their business models for a low carbon world.
The launch event was hosted by the Rt Hon. Lord Mayor of London, Alderman William Russell, at Guildhall and began with Sir David Attenborough setting out the scale of the climate challenge. During the morning, leaders from the private finance sector and related fields discussed the actions they were already taking to realise the opportunities and manage climate risks, and how to accelerate action for COP 26.