Former Governor of the Bank of England, Mark Carney, is to present a scorecard displaying how well members of the financial community are meeting goals outlined in the net-zero emissions alliance.
Speaking to Bloomberg at the COP26 climate talks in Glasgow, Carney said the scorecard will be revealed on Wednesday, and “so the question is who’s stepping up for the solution”.
Carney added that the Glasgow Financial Alliance for Net Zero, which he chairs, will “relentlessly, ruthlessly” focus on ensuring the financial industry achieves its stated goal. He argued however that there should still be room for fossil finance in the transition from old energy to new, renewable sources.
“There needs to be some, only some limited, financing for a transition,” he stated.
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Podcast: Stepping up to the challenge
In the latest European Pensions podcast, Natalie Tuck talks to PensionsEurope chair, Jerry Moriarty, about his new role and the European pension policy agenda
Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows
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