This closed-door event will dive into key questions on how banks can navigate and influence the net-zero policy landscape. What are the definitions, roles, and limits of bank policy engagement? How are market incentives, disclosure rules, and other policy and regulatory tools enabling finance for the transition today, and what more is needed across sectors and geographies? What are the practical intervention points that could shift the dial towards effective, ambitious economic transition policy that will unblock obstacles to scaling transition finance?
RMI is hosting this breakfast conversation with UK Finance and leading global banks at COP29. Brian O’Hanlon, RMI’s climate finance managing director, and Lizzy Harnett, climate finance research and impact expert, will be leading and moderating this discussion to share experiences and identify solutions that can foster more enabling policy environments for transition finance.
This is an invite-only event. Senior bank representatives interested in attending are encouraged to reach out to Lizzy Harnett (eharnett@rmi.org) for an invitation.
While money is increasingly flowing to climate solutions and clean technologies, financing emission reductions in high-emitting and hard-to-abate sectors faces challenges to ensure credibility and real economy impact. Here we outline five key barriers to transition finance.
Banks can maximize their climate-focused engagement by coordinating efforts across the client, sector, and policy levels.
The most comprehensive resource available for financial institutions to learn more about how to accelerate transition finance in their institution.
