SINV Europe 2021: Cross-sector collaboration needed to drive forward the sustainable finance agenda

Part 1 and 2 of the Sustainable Investment Forum Europe 2021 took place this week on the 13 & 15 April, convening stakeholders committed to driving forward the sustainable finance agenda from government, business, and the investment community.

It was clear from the discussions that although the investment community needs to play a key role in the net-zero transition, this should be coupled with the public sector ensuring stronger and clearer frameworks are put into place.  

You can watch the highlights video from both parts below and view a summary of what our speakers underlined as the key action points needed in the next decade.

Part 1 Highlights Video

Part 2 Highlights Video

Join us next week on the 20 & 22 April for part 3 and 4 of the Sustainable Investment Forum Europe to hear key insights from Norges Bank, Euronext, the World Bank, Qontigo, Building Minds, Pension Danmark, Share Action, Moody’s, NN Investment Partners and many more.

Key Outcomes:

Post Pandemic
Marjut Falkstedt, Secretary General at the European Investment Bank, urged that we must not lose focus because of the pandemic but highlighted that with increased investment and innovation, the crisis poses an opportunity to lay a solid foundation for a sustainable future.

Carbon Pricing
Magnus Billing, CEO at Alecta, made it clear that we need higher prices for carbon emissions. Olivier Rousseau at French Pension Reserve Fund (FRR) echoed this, saying that there is a need for authorities to define the path of carbon pricing to ensure companies see the benefit in transitioning to net zero.

Regulation
It was raised by many of our panellists that although the finance industry will play a key part in the transition, governments around the world must also set clear regulation. Kathatrina Lindmeier at Nest Corporation echoed this saying more defined methodologies would be key to ensuring there is a level playing field across the market.

Nature-Based Solutions
Our panellists discussed the challenge of activating finance for nature-based solutions and highlighted how the conservation of nature can play a phenomenal role in tackling the climate crisis. Karen Sack at the ORRAA echoed this saying there now needs to be an increased partnership with the public sector to drive systemic change across the sector.

Scenario Analysis
Chris Faint at the Bank of England highlighted the use of scenario analysis as one of the key tools that feeds so many of the key building blocks in the transition.

Disclosure
Our speakers discussed the evolving nature of disclosure, and that despite the development of more quantifiable science-based targets, there remains a need for clearer and stronger frameworks.

Want to watch Part 1 and 2 in full? You can now Watch on demand.