Wednesday 11 May 2022
Keynote address - The Glasgow Financial Alliance for Net Zero
Mark Carney, UN Special Envoy on Climate action and Finance, and Co-Chair, GFANZ
Coming six months after the COP26 Summit in Glasgow, this session updates on the progress being made by GFANZ members to deliver on their commitments to transition to net zero. GFANZ’s work programme and deliverables for this year are highlighted and set in the broader context of the opportunities and challenges of transitioning the global economy to net zero.
Panel: Net Zero Implementation
This session takes stock of progress that GFANZ members in the financial sector, alongside real economy corporates, have made since COP26 to deliver on their commitments to transition to net zero. It considers the broad challenged being addressed, what supporting infrastructure is needed and being developed, and what more is needed.
The discussion takes place against a challenging geopolitical backdrop and stresses in energy and commodities markets, and touch on how participants are navigating these challenges.
- Moderator: Mark Carney, Co-Chair, GFANZ
- C. S. Venkatakrishnan, CEO, Barclays
- David Schwimmer, CEO, London Stock Exchange Group
- Noel Quinn, Group Chief Executive, HSBC
- Cécile Prévieu, Executive Vice President Energy Solutions, Engie
- Javier Echave, CFO, Heathrow Holdings
- Nili Gilbert, Vice Chairwoman, Carbon Direct and Principal, GFANZ
Keynote address by John Kerry, US Special Presidential Envoy for Climate
Investing in Support of the Transition in Emerging Economies
Adam Matthews, Chief Responsible Investment Officer, Church of England Pensions Board & Chair, Transition Pathway Initiative (TPI)
Panel: Mobilising Capital to Climate Solutions
The session focuses on the solutions needed to increase the flow of private capital to emerging markets and developing countries for the financing of transition initiatives. It will has practical approach and focus on examples of “what is working”.
- Moderator: Nili Gilbert, Vice Chairwoman, Carbon Direct & Principal, GFANZ
- The Rt Hon Alok Sharma MP, President, COP26
- Shemara Wikramanayake, MD & CEO, Macquarie
- Dr Rhian-Mari Thomas, Chief Executive, Green Finance Institute
- Dr Kevin Kariuki, Vice President, African Development Bank Group
- Andrew Bainbridge, Chair, PIDG Ltd
The City of London Corporation and the Net Zero Transition, with Chris Hayward, Policy Chairman, City of London Corporation
This session provides an opportunity for the City of London Corporation to outline progress made under its own Climate Action Strategy, which should see the Square Mile go Net Zero by 2040. Also an opportunity to highlight lessons learned that can be applied to other financial centres the world over.
Panel: The Road to COP27
This session looks ahead to COP27 and beyond, focusing on the milestones in the lead up to Sharm El-Sheikh and ambitions for the conference.
- Moderator: Kate Abnett, European Climate and Energy Correspondent, Reuters
- HE Dr Rania Al Mashat, Minister for International Cooperation of Egypt
- HE Dr. Nawal Al-Hosany, Permanent Representative of the UAE to the International Renewable Energy Agency (IRENA)
- Nigel Topping, High Level Champion for Climate Action, COP26
- Dr Dalia Abdel Kader, Chief Sustainability Officer, Commercial International Bank
From Commitment to Action: The Role of Transition Plans in Achieving a Net Zero Economy
With Mary Schapiro, Vice-Chair of GFANZ
Fireside chat – Green Finance
Following the Chancellor’s Announcement at COP26 of plans to deliver the world’s first Net Zero Financial Centre in the UK, this slot provides an opportunity to hear an update on HMG’s green finance initiatives – aligning with GFANZ’ workstream on net zero implementation.
With John Glen, Economic Secretary to the Treasury, and Michelle Scrimgeour, CEO, LGIM
Climate Reporting: Update on ISSB Standards
The announcement of a new ISSB was one of the most significant to emerge from COP26 from a policy perspective for financial/professional services. Hear an update on the Board’s work to date and plans ahead, while detailing its synchronicity with the objectives of GFANZ. And hear from industry about their needs and aspirations for ISSB reporting.
- Moderator: Silvia Pavoni, Editor, Sustainable Views, Financial Times Group
- Ravi Abeywardana, Technical Director, ISSB
- Andy Agg, CFO, National Grid
- Hywel Ball, UK Chair and UK&I Managing Partner, EY
Followed by Q&A
Keynote address: How green finance can be mobilised to support new technologies and achieve the UK's net zero and energy security objectives
Lord Callanan Minister for Business, Energy and Corporate Responsibility