London Climate Action Week
High-level representatives and practitioners from the public and private sector have stressed that we must continue ambitious action on climate change as the world convalesces from the pandemic, particularly as trillions are spent on economic stimulus, emphasising that good policy is a critical enabler and that having recovery funding be informed by and inform NDC development will be key to long-term climate action and build a more resilient future.
As part of London Climate Action Week, HSBC Global Asset Management’s Melissa McDonald, Head of Responsible Investment, joined a panel to discuss perspectives from the multilateral finance, private finance, and corporate sectors on addressing gaps in policy to attract more investment, leading to a quicker recovery and a return to growth. This included examples of how to scale climate-smart investments by better utilising concessional funds and building capacity to address risks and mobilize private capital.
Melissa stressed how collaboration was key and discussed the Sustainable Infrastructure Initiative (FAST Infra) which HSBC Global Asset Management is leading alongside the IFC, OECD and Climate Policy Initiative. FAST infra aims to unlock private sector capital and direct it to financing the low-carbon transition.
To view the webinar, please click here