GREENING THE SECTOR, ATTRACTING AND MANAGING FINANCE TO OPERATE A SUSTAINABLE SHIFT FOR THE PLANET

It's 2050, and financial markets and the real economy have aligned with a sustainable and resilient net zero future, ensuring that global temperature rises are limited to 1.5C. Banks, assets managers, asset owners and insurers adjusted their business models, set and achieved their targets in support of the goals of the Paris Agreement. Flows of capital have been redirected to sustainable and climate resilient development.  

Every financial decision takes climate change into account and financial flows are consistent with low greenhouse gas emissions and climate-resilient development. Price signals have been corrected so that the true cost of negative externalities are reflected in balance sheets. Markets have been harnessed to deliver a smooth and just transition to net zero greenhouse gas emissions, enabling resilient practices that respect planetary boundaries, and the true value of human and natural capital.  

Mainstream private finance help companies realign their business models for net zero. It funds the initiatives and innovations of the private sector and turns billions committed to climate investment through public channels into trillions of total climate investment. 

Climate justice, equity and intergenerational fairness are now cornerstones of a financial system where long-term investment horizons only reward those whose purpose has people and the planet at its heart. 

Capital has flowed to providers of solutions for both adaptation and mitigation. Businesses and their financiers that committed to a resilient, net zero transition thrive as they have avoided the increasing costs and risks of the high carbon economy.

The connection between a thriving society and the financial system has been strengthened.

We have transitioned finance so that it had financed the transition.