The City of London Corporation, in collaboration with the Green Finance Institute, and supported by the World Economic Forum, will host a major summit in November that will focus on the role of green finance in the recovery from COVID-19.
With a keynote address from Mark Carney, the summit will focus on the role of financial services in supporting a green recovery and an economy-wide transition to net zero. It will also explore how capital can be mobilised at the pace and scale needed to meet not only the UK’s commitment to net-zero emissions by 2050 but also international climate commitments.
The Green Horizon Summit – The Pivotal Role of Finance will take place at Mansion House, as a virtual event from 9 – 11 November, 2020, the original dates for the postponed United Nations Climate Change Conference (COP26), which will now take place in Glasgow in November 2021.
“COP26 may have been postponed, but the momentum towards a green future has anything but slowed. I hope this hugely important event in November will see the global financial community come together to collectively play its part in the fight against climate change.”
William Russell, Lord Mayor, City of London.
“The UK is leading the fight against the global climate emergency having been the first major economy to commit to reach net zero carbon emissions by 2050. The Green Horizon Summit will go some way to helping us achieve this, exploring how we can mobilise capital at pace and scale to fuel a green recovery from COVID-19, and the domestic and global transition to a net-zero future.”
Catherine McGuinness, Policy Chair, City of London Corporation.
“The Green Horizon Summit will provide an important opportunity to showcase green finance innovation and progress. We will convene both public and private sector actors to discuss how we maintain a high-level of ambition and action across the financial community in the year leading to COP26 in Glasgow.”
Dr Rhian-Mari Thomas, Chief Executive, Green Finance Institute.
“The Green Horizon Summit will be a key milestone en route to Glasgow COP26.It will bring together leaders of finance, business, government and civil society from around the world for a progress check on green finance for the Great Reset; and to showcase innovative finance solutions to accelerate industry’s net-zero transition and for nature-based solutions.”
Prof Klaus Schwab, Founder and Executive Chairman, World Economic Forum.
More detail on the event to follow.