Climate and Finance – Lessons from a Time Machine

The global economy’s pivot to low carbon is gathering momentum. By the time of COP26 in Glasgow in November this year, countries responsible for 78% of global GDP will have pledged net-zero emissions by 2050 or, in the case of China and Brazil, 2060.

But is the financial system on track to deliver this scale of change? While there is plenty of innovation – from investors, regulators and markets alike – there remain a number of very big question marks.