The Cartography of Post-COVID-19 Green Growth #GHS2020 with Christine @Lagarde, @KGeorgieva, @PaoloGentiloni, and more pscp.tv/w/cnetkjIyNjMz…
@KGeorgieva @IMFNews says there will be a "long ascent" for #COVID19 recovery. It's essential to focus on near-term, but we must seize this opportunity to address longer term challenges including climate change. 2.3% of GDP per year is required to meet climate goals. #GHS2020
@PaoloGentiloni @EU_Commission says it's encouraging to see other countries following Europe and the UK's lead in making climate commitments. "Meeting the goals of the Paris Agreement is a global effort." The private sector will be crucial to finance the transition. #GHS2020
John Green @ninetyone_sa says positive action strategies are not that difficult, but could be a significant driver for future returns. "There’s a lot for us to do... If we all do our part, this is mission possible." #GHS2020
In a panel discussion on mobilizing the green economy, David Schwimmer @LSEplc says there are indications #COVID19 might be accelerating climate risk into investment strategies. Collaboration will be critical. #GHS2020
Jes Staley @barclaysuknews and David Schwimmer @LSEplc agree the US election result is "significant" and "positive" as President-elect @JoeBiden has said he will rejoin the Paris Agreement. "COVID-19 has shown we’re on this path together," says Staley. #GHS2020
Angela Darlington says @avivaplc is looking for companies to have credible plans showing alignment to the Paris Agreement. "Disclosure is not enough anymore to get our attention." #GHS2020
On his advice to @RishiSunak ahead of the UK's #COP26 presidency, David Schwimmer @LSEplc says he would urge the need to advance climate risk disclosure policies and ensure other countries are keeping pace with the UK’s leadership. #GHS2020
Andrew Bailey @bankofengland announces that a climate stress test exercise will begin in June 2021 to explore 3 scenarios of physical and transition risks over a 30-year-period, to understand how bank and business models will be affected and how they might respond. #GHS2020
Andrew Bailey @bankofengland said the #COVID19 response doesn't mean the UK has abandoned its commitment to climate change. He also reflected on the 1944 Bretton Woods Agreement: "We don’t wait for today’s problems to be over before setting course for the future." #GHS2020

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More from @wef

9 Nov
Framework for Financing a Whole-of-Economy Transition #GHS2020 with David Blood, Mark Carney, Audrey Choi, @antonioguterres, @LucreziaReichli, William Russell, Mary Schapiro, @jamespeshaw pscp.tv/w/cngFzDIyNjMz…
All sectors must play their part to align with net-zero goals. ‘Everyone has a crucial role,’ from governments and banks to asset managers and financial regulators, said @antonioguterres #GHS2020
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9 Nov
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Mark Carney, finance adviser to the UK Prime Minister for #COP26, says as climate change presents existential risk, those companies who are part of the solution will create enormous value. "It’s an opportunity for a lifetime." #GHS2020
"We will not get to net zero in a niche, it requires a whole economy transition," adds Mark Carney. As "what gets measured gets managed", the challenge for #COP26 will be creating meaningful metrics to ensure investors and companies are aligned with net-zero targets. #GHS2020
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14 Jul
COVID-19: The Great Reset pscp.tv/w/cdxDXTIyNjMz…
@wef Founder and Executive Chairman Klaus Schwab says #COVID crisis will have 3 phases, or 3 ‘R’s: Restrain (the virus); Recover from it; and Reset the global economy to make it more resilient, socially fairer and ecological.
@wef’s Schwab sees 5 priorities for #TheGreatReset: make ‘social contract’ more inclusive; decarbonize the economy; ensure technology is used properly and ethically; get companies to serve all stakeholders not just shareholders; seek global cooperation to achieve all the above.
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22 Jan
📢 A Conversation with @iamwill, @naomiwadler and @taniabryer of @cnbcipr 📢

📺 Live Stream: wef.ch/2NIsz4I

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@iamwill @NaomiWadler @TaniaBryer @cnbcipr 1) "Struggling people are struggling people whatever your colour. But if you’re black in America, you have this added pressure that the police are weaponized against us. Our communities are a police state, it’s like a war zone." @iamwill, @naomiwadler #wef20
@iamwill @NaomiWadler @TaniaBryer @cnbcipr 2) Education is key to addressing inequality, says @naomiwadler: "If we only teach a child about one way to live, about the white scientists and the white politicians, they’re not going to grow up and respect the black ones. Education is flawed." @iamwill #wef20
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22 Jan
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@leehsienloong @borgebrende 1) As global power relations shift, Singapore has a significant role to play in the region, but has to strike a balance, says @leehsienloong: "We still want to be friends with everybody, but you are pushed to be better friends with one side or the other." @borgebrende #wef20
@leehsienloong @borgebrende 2) "We've had 50 years of peace. Can you bet on another 50 years of peace? The odds are not negligible." - @leehsienloong #wef20
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21 Jan
US President @realDonaldTrump spoke at #wef20, telling the audience the United States is in the midst of an economic boom.

Find out more: wef.ch/38m8uJp @POTUS #wef20
@realDonaldTrump @POTUS .@realDonaldTrump told #wef20 that recent US trade deals represent a new model for the 21st century.

Find out more: wef.ch/38m8uJp @POTUS
@realDonaldTrump @POTUS .@realDonaldTrump said at #wef20 that the US economy is firing on all cylinders.

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