September 2021
Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF
When it happened…
Monday, 13 September 2021
What delegates came to discuss…
This conference focused on next steps for this increasingly important area of finance, looking at:
- priorities for regulation, resilience, innovation, and competition
- opportunities and next steps for green and sustainable finance in the economic recovery from COVID-19, as well as a part of wider government objectives
We were pleased to be able to include keynote sessions with Ed Davey MP, Leader, Liberal Democrats; Fayyaz Muneer, Deputy Director, Green Finance and Prudential Policy, HM Treasury; Professor Nick Robins, Professor in Practice, Sustainable Finance, Grantham Research Institute on Climate Change and the Environment, LSE; and Michael Sheren, Senior Advisor, Bank of England and former Co-Chair, G20 Sustainable Finance Study Group.
Delegates discussed the impact and implementation of proposals in the Government’s Green Financing Framework, which includes £15bn worth of green gilts that are expected to be issued in two separate deals in 2021-2022, alongside the introduction of a green retail product.
This seminar brought together stakeholders and policymakers to consider a range of developments in addition to the framework, including:
- the announcement of new regulations for reporting on climate impact by 2025 for a number of financial institutions and businesses, set out by the Chancellor as part of his ambition for the future of UK financial services
- the establishment of a green taxonomy to determine whether an activity set to be developed in the UK is environmentally sustainable, also announced by the Chancellor
- the ongoing Bank of England climate stress test exercise, with:
- the recent publication of the key elements of the 2021 scenario
- the aim of sizing the risks presented by climate change for businesses and insurers, as well as the financial system as a whole
It was also an opportunity to consider the issues at a significant time - amid a heightened focus on green finance as part of the policy drive to develop the green economy in the UK and internationally, both in the wake of COVID-19 and in the run up to COP26.
Who attended…
Officials from BEIS; the Climate Change Committee; Defra; the Department for International Trade; the DWP; the Government Legal Department; HM Treasury; National Audit Office; Ofwat; DAERA, NI; the Department of Finance, NI; and the Welsh Government.
Representatives from Bevan Brittan; Clifford Chance; Dawn Meats Group; Edinburgh Napier University; Environment Agency; Fera Science; Fife Coast & Countryside Trust; Frontier Economics; Herbert Smith Freehills; Manchester Metropolitan University; Mills Selig; NatureScot; OSB Group; PwC; Rise, created by Barclays; Savills; Shoosmiths; Stockport Metropolitan Borough Council; Surrey County Council; The Business School, City University of London; The Mortgage Lender; Travers Smith; University of Dundee, CEPMLP; University of Exeter; University of Glasgow; and Wrap.
Press: Ethical Corp; Insurance Asset Risk; MLex; Montel News; and Reuters Events Sustainable Business.
