The scientific consensus is that human activity continues to have a significant impact on climate change. The Intergovernmental Panel on Climate Change’s Oct 2018 Special Report forecast that global warming is likely to reach 1.5 degrees between 2030 and 2052 if emissions continue at the current rate. Limiting global warming to 1.5 degrees requires reducing emissions of CO2 by 45% by 2030, relative to 2010 levels. The financial services sector can play a key role in supporting transition by mobilising and directing private capital.
Key learning objectives:
What is green finance and what role can the financial sector play in climate-change mitigation?
What is driving the growth in green finance?
What are financial markets doing to take advantage of green finance opportunities
What does green finance mean in practice?