Opening remarks from @PRI_News CEO Fiona Reynolds: Australia is a world leader in #sustainablefinance (I think I heard 5th in the world for responsible investment?), but also a leader in #carbon emissions per capita, extinction etc @UNEP_FI #ResponsibleMelbourne
#Sustainablefinance is a 21st century phenomenon - 97% instruments e.g green bonds have been introduced since 2000 #responsiblemelbourne
60% of @PRI_News signatories are working alongside governments to develop #sustainablefinance policy & financial instruments
#responsiblemelbourne
Reynolds: The future of finance is #sustainablefinance, and those who don't adapt will be left behind #responsiblemelbourne
We need to:
- phase out thermal coal production
- end fossil fuel subsidies
- put a price on carbon
- implement @FSB_TCFD
Crazy greenies? Nope, investor signatories of @PRI_News
news.un.org/en/story/2019/…
#COP25
#responsiblemelbourne
Matt Whineray, CEO, Guardians of New Zealand Superannuation, focussed his talk on #climate finance as it's "the most tractable #sustainablefinance problem"
#responsiblemelbourne
Oh dear...
.@jwthwaites on Australia's progress towards meeting the @ConnectSDGs Good on health, bad on (terrestrial) environment (SDG 15) and climate (SDG13)
monash.edu/sustainable-de… @MonashMSDI #responsiblemelbourne
.@jwthwaites ran out of time to talk about the environment (ha!) but did emphasise Australia is going backwards in terms of #climate action and dealing with #biodiversity loss
#responsiblemelbourne
Really hope we can find time to talk about #sustainablefinance from the perspective of emerging enterprises today (esp for #naturalcapital in #conservation & #agriculture sectors)
#responsiblemelbourne
Mark Fulton: #climatechange is coming for your investment portfolios!!1!!!!1 #responsiblemelbourne
Fulton: " #Coal is dead. It's just a matter of time until the price is hit"
Cc: @fitzhunter @AlboMP @mattjcan @ScottMorrisonMP
#responsiblemelbourne
Mark discussing Inevitable Policy Response modelling (unpri.org/inevitable-pol…), considers max carbon price of $100/tonne. That's more than enough in Queensland to incentivise #carbonfarming !! See our work: theconversation.com/farming-carbon… #responsiblemelbourne
If @PRI_News needs to find people to fill the 2 spare seats to talk about #biodiversity and #naturalcapital next time, I'm happy to volunteer (as would many of my colleagues) ✋ #responsiblemelbourne
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.