WIF 2023: Net Zero Finance: The role of financial service providers

17 Oct, 2023
Abu Dhabi Abu Dhabi - United Arab Emirates

For more information, please contact the SSE team.

17 October 2023
16:15 – 17:45 Abu Dhabi

This session features speakers from members of the Net Zero Financial Service Providers Alliance and relevant stakeholders. The meeting will document progress achieved since COP26 and provide an opportunity to discuss the agenda for the net zero activities of exchanges and other financial service providers around the world. 

Achieving the objectives agreed in the Paris Agreement to limit global temperature increases to well below 2°C from pre-industrial levels and striving for 1.5°C, will require ambitious action from all parts of the economy. Alongside governmental policy commitments and corporate responses, financial institutions will need to develop transparent and tangible action plans in the short and long term, executing realistic strategies underpinned by robust, science-based targets and consistent with the principles of a just transition. 

The window for action is small. The UN-backed Race to Zero campaign (which convenes non-state actors, including companies, cities, regions, and financial and educational institutions) spotlights the need for emissions to halve by 2030 and reach net zero by 2050 to avoid irreversible damage from the effects of climate change. 

A growing number of financial institutions, including the world’s largest financial service providers, investment managers, banks, asset owners, insurers and investment consultants, have acknowledged this challenge, making commitments to set targets aligned with the Paris Agreement. The Glasgow Financial Alliance for Net Zero (GFANZ), launched in the run-up to COP26, is a global coalition formed to assemble these net zero financial sector-specific initiatives from across the globe into one industry-wide strategic alliance. 

Financial Service Providers, including stock exchanges, are uniquely positioned to advance responses to climate imperatives through a series of mechanisms that can act as levers for change. The role of most service providers in tackling climate action is rooted in their roles as influencers, educators and information gateways. Their unique networks and experience can contribute to addressing climate change via capital markets. Working with and learning from their peers, can play an essential role in achieving ambitious global net-zero targets. 

Session themes:

  • What are the targets for net zero action that NZFSPA members have set?
  • How can exchanges assist in implementing high-quality climate disclosure among their issuers?
  • How do markets connect climate disclosure to investment?
  • What product innovation can service providers leverage to finance climate solutions?
  • What can exchanges do to lead by example?

Registrations details

Attendance at these in-person events is free of charge but registration is required. Registering once gives participants a pass to all the events. A list of hotels close to the conference facilities can be found here. Special hotel rates for WIF participants can be received by using the booking links in this document

You can access entire WIF 2023 program here

SSE members and key stakeholders are warmly invited to participate in all SSE events. If you or your CEOs are planning to join us in Abu Dhabi, please feel free to reach out to the SSE team for assistance. 

Moderator

  • Margarita Pirovska
    Director of Policy
    PRI

Speakers

  • Rebeca Minguela
    CEO
    Clarity AI
  • Veronica Poole
    Vice chair
    Deloitte
  • Ahmed Salman
    Strategic Planning & Sustainability specialist
    Egyptian Exchange
  • Chris Pyke
    Chief Innovation Officer
    GRESB
  • Kris Nathanail
    Senior Policy Advisor
    IOSCO
  • Natsuho Torii
    Deputy Secretary General, Sustainability Committee
    Japan Exchange Group
  • David Harris
    Head of Sustainable Finance, Strategic Initatives, Partnerships
    London Stock Exchange Group
  • Laetitia Hamon
    Head of Sustainable Finance
    Luxembourg Stock Exchange
  • Will Jackson-Moore
    Global Sustainability Leader
    PwC
  • Jennifer Austin
    Director of Strategy and Policy
    Race to zero
  • Corli Le Roux
    Senior Specialist
    UN SSE

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.