The Founding Director of the Oxford Sustainable Finance Programme and Associate Professor at the University of Oxford, Dr. Ben Caldecott, has been appointed Senior Adviser to the Chair and CEO of the new Green Finance Institute.
The Institute is an independent, commercially focused organisation, supported by seed funding from HM Treasury, the Department for Business, Energy and Industrial Strategy and the City of London Corporation, and launched on 2nd July this year.
It is the UK’s principal forum for public and private collaboration on green finance with an overarching mission to accelerate the domestic and global transition to a sustainable, net-zero carbon economy that is also climate resilient.
Dr. Caldecott is supporting Sir Roger Gifford and Dr. Rhian-Mari Thomas, Chair and CEO of the Green Finance Institute on a part-time basis while retaining his position at the University of Oxford. He was previously a member of the Green Finance Taskforce and chaired its workstream on the implementation of the Task Force on Climate-related Financial Disclosures (TCFD).
His focus for the Green Finance Institute, is on designing and implementing an ambitious international green finance strategy, including building a team to deliver international activities and bilateral partnerships in support of the UK Government’s and City of London Corporation’s ambitions to accelerate green finance globally.
“The UK and its financial services sector are recognised as pioneers and innovators in green finance. Working collaboratively across the public and private sector we can build on this reputation and consolidate the UK’s position as a global hub for green finance,” says Dr. Rhian-Mari Thomas.
“Ben is a leader in environment, energy, and sustainability issues. His vast experience working at the intersection of government, finance, civil society and academia, enable him to play a vital role in building a robust international proposition for the Green Finance Institute to drive forward the UK’s leadership and track record of innovation in green finance, globally. We’re delighted to have him on board,” she adds.
Dr. Ben Caldecott says: “The UK and City of London are of systemic global importance for mobilising the capital required to tackle climate change and the other environmental challenges we face. Commercial, regulatory, and policy-related green finance innovations developed in the UK are already setting the pace and standard for green finance best practice internationally, but time is of the essence and we can do more. The Green Finance Institute will accelerate and intensify the UK’s role.”
The Green Finance Institute is currently seeking secondees to work alongside Dr. Caldecott and the team to design and deliver its international strategy. Those who have worked closely with UK government, a relevant public body or institute and are familiar with international policy issues should submit their CVs to firstname.lastname@example.org.