Conference/COP21: Transitioning to a low-carbon economy: what can the financial sector do?
The Climate Finance Day in May in Paris highlighted numerous private initiatives that support transition to a low carbon economy and the UN objective of limiting temperature rise to 2°C by the end of the century.
To extend these efforts, a panel discussion on the role of the financial sector in the low carbon transition was held on November 24, six days before the launch of the COP21 in Paris, by seven European embassies (France, UK, Belgium, Denmark, Norway, Sweden, Germany) and the European Delegation in Singapore. This event aimed at bringing together stakeholders from this sector in order to identify obstacles to its growth and come up with innovative solutions.
Over 120 persons, representatives from the world of finance, research, diplomacy and civil society participated in this interactive event where many ideas were exchanged. Among our panelists: The Association of Banks in Singapore, Amundi, Barclays, Munich RE, Singapore Exchange. The British High Commissioner Scott Wightman and the Swedish Ambassador Håkan Jevrell also gave a speech during this event hosted by Barclays.