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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