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COP 26 Private Finance Agenda launched
On February 27, 2020, the ‘COP26 Private Finance Agenda’ was launched in London (the “Agenda”).
The Agenda aims to assist the private sector in its transition to a net zero carbon economy.
The objective is to achieve that every professional financial decision takes climate change into account. The Agenda will focus on creating the right framework for reporting, risk management and returns to help finance a whole economy transition. The foregoing will require that every company, bank, insurer and investor will need to adjust their business models for a low carbon world.
The COP 26 – co-hosted by the UK and Italy – will also seek to support developing countries to deliver a prosperous, zero carbon future for all.
For more information on the Agenda, please find the link to the corresponding page https://www.bankofengland.co.uk/events/2020/february/cop26-private-finance-agenda-launch.
We will be following up on the work and development of the Agenda in a timely manner, and we remain at your service in case you have any comments regarding the above and to provide you with the advice you require regarding the implementation of the Agenda and the evaluation of its impact on your operations.
For further information with respect to the COP26 Private Finance Agenda or in respect to the application of the Sustainable Development Goals (SDO) in your business, please reach out to your regular contacts at Nader, Hayaux & Goebel or Yves Hayaux-du-Tilly L. +52 (55) 4170 3003 [email protected].